Author: Rod Kight

The CAOA Is Back: Congress Should Deschedule Cannabis NOW

On July 16, 2026, 17 Senators reintroduced the Cannabis Administration and Opportunity Act, commonly called the “CAOA.” The bill would remove cannabis from the federal Controlled Substances Act, establish a new federal regulatory and tax system, expunge certain federal cannabis convictions, expand access to banking and Small Business Administration programs, and direct substantial federal revenue toward communities harmed by cannabis prohibition.