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#218 – Descheduled Cannabis, Rescheduled Fentanyl & The Illinois Tax Trail

In this episode of The Cole Memo, Cole breaks down a whirlwind of news from the local to the federal level. He starts with a look at Texas, where Governor Abbott is calling a special session that could lead to new restrictions on hemp—but without banning it outright. Then, Cole dives into the newly signed HALT Act, clearing up confusion about fentanyl scheduling and questioning the long-term consequences of doubling down on prohibition. Back in Illinois, Cole highlights a detailed report on how intoxicating hemp remains unregulated despite multiple legislative attempts, with deep divisions…

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