The Cole Memo

Fresh off the IgniteIt Cannabis Capital Conference in Chicago, Cole shares reactions from cannabis operators, industry stakeholders, and policymakers following the passage of Illinois' landmark cannabis omnibus legislation. Hear what business owners, advocates, and legal professionals are saying about expanded possession limits, medical cannabis access, hemp regulation, and the many unanswered questions that remain as the law moves into implementation. The episode also explores major federal developments, including DEA inspections tied to cannabis rescheduling efforts, an upcoming federal hearing on Schedule III, and the growing debate over the future of hemp. Plus, hear highlights from Lieutenant Governor Juliana Stratton's appearance at IgniteIt and learn why many industry participants are optimistic about the road ahead, even as uncertainty remains. Watch video version and read full show notes here: https://thecolememo.com/2026/06/22/e293/