Prohibition is dead — and Texas just proved it.The recent SB3 vote signaled the start of something much bigger. While hemp and cannabis operate in very different styles, both are ultimately pushing toward the same goal: a sensible framework for a one-plant solution. The how? I’ll leave that to people way smarter than me.But the genie is NOT going back in the bottle — and while speed and clarity aren’t often associated with Congress, we might see that sentence written sooner than expected. This week, we sit down with Jim Higdon to discuss: The massive implications of Texas’ SB3 vote What signals to watch for from Trump What a “one-plant” solution could look like Chapters 00:00 Introduction to the Cannabis Landscape 03:03 The Regulatory Cage of Cannabis 05:09 The Struggles of MSOs and Independent Operators 08:24 Advocating for Policy Change 10:15 The Role of the FDA and Future Regulations 12:43 The Future of Cannabis Regulation 15:04 Understanding the Texas Political Landscape 17:58 The Power Dynamics in Texas Politics 21:08 The Implications of the Texas Veto 23:53 The Role of Public Perception 26:09 The Economic Impact of THC in Texas 29:45 The Influence of Trump and Federal Oversight 30:14 The Path to Rescheduling Cannabis 34:31 The Future of the Farm Bill 36:00 The Optimistic Outlook for Cannabis Summary In this episode, Jim Higdon discusses the complexities of the cannabis and hemp industries, focusing on regulatory challenges, the political landscape in Texas, and the future of cannabis legislation. He emphasizes the need for collaboration between the hemp and cannabis sectors to navigate the evolving regulatory environment and advocates for a more unified approach to cannabis policy. The conversation also touches on the economic implications of THC products and the influence of political figures like Trump on the future of cannabis regulation. Guest Links: https://www.cornbreadhemp.com/ https://hempsupporter.com/team/jim-higdon/ https://x.com/jimhigdon https://www.linkedin.com/in/jameshigdon/ Our Links Bryan Fields on Twitter Kellan Finney on Twitter The Dime on Twitter At Eighth Revolution (8th Rev), we provide services from capital to cannabinoid and everything in between in the cannabinoid industry. 8th Revolution Cannabinoid Playbook is an Industry-leading report covering the entire cannabis supply chain The Dime is a top 5% most shared global podcast The Dime is a top 10 Cannabis Podcast The Dime has a New Website. Shhhh its not finished. Sign up for our playbook here: 🎥 YouTube:  The Dime 📸 Instagram:  The Dime https://www.newton-insights.com/