The Cole Memo

In this episode of The Cole Memo, Cole speaks with Luke from Smart Approaches to Marijuana (SAM) about President Donald Trump’s recent remarks on potentially rescheduling cannabis from Schedule 1 to Schedule 3. Luke shares why he believes marijuana should remain Schedule 1, citing concerns over corporate influence, public health, and the federal scheduling system’s criteria. The conversation cover...

In this special episode of The Cole Memo, Cole breaks down breaking news on both the federal and state levels. At the federal level, President Trump has confirmed that his administration is “looking at” rescheduling marijuana, with a decision expected within the next few weeks. We review his comments, the political and industry reactions, and what rescheduling could mean for research, the cannabis...

In this episode of The Cole Memo, Cole returns with a live broadcast covering breaking cannabis news from Illinois, Texas, and beyond. A surprise guest from Texas Cannabis Collective joins to unpack the whirlwind special session in Austin, where a proposed hemp THC ban collided with flood relief, redistricting fights, and a dramatic quorum break. Cole also dives into Illinois developments, includi...

In this episode of The Cole Memo, attorney Ali returns to discuss a groundbreaking lawsuit against the Illinois Department of Agriculture. Representing a group of mostly minority and women-owned cannabis transporters, Ali outlines how her clients were granted licenses that were essentially worthless—while larger, established companies received the same licenses under entirely different and more fa...

In this episode of The Cole Memo, we unpack two big stories shaking up the Illinois cannabis scene. First, we dive into the controversy surrounding a new dispensary planned for West Ridge, partially owned by ten former police officers. While some see it as a redemption arc, others question the ethics of former drug enforcers now profiting from the legal market. Then, Cole walks listeners through h...

Craig Katz joins the show to break down the policy tensions between Illinois’ regulated marijuana market and its largely unregulated hemp industry. As a board member for multiple trade associations and the compliance manager at CBDratom, Katz gives listeners an insider view into the push for House Bill 1—a legislative effort that would add labeling, age-gating, and testing requirements for intoxic...

In this deeply personal episode of The Cole Memo, I'm joined by longtime friend and inspiration Jean Lacy, founder of the Illinois Psychedelic Society. We talk about burnout, idealism, and how to keep moving forward in advocacy work without losing yourself in the process. Jean reflects on her powerful essay, “choosing both: rest and resistance, healing and hustle, purpose and peace,” and we explor...

In this episode, Cole sits down with Michigan drug policy advocate Julie Barron for an honest conversation about the state of psychedelic reform, community burnout, and the challenges of staying grounded when a movement starts to fracture. They discuss Ann Arbor’s unique culture, the evolution of Hash Bash, and how grassroots momentum led to real drug policy wins across multiple cities. Julie open...

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 conse...

In this episode of The Cole Memo, Cole checks in live to unpack some of the biggest cannabis stories of the week—from federal immigration raids on licensed California cannabis farms, to a scathing internal report on UIC’s faulty THC blood tests that may have tainted over 1,000 DUI cases. He also dives into a troubling new report revealing that nearly half of Illinois’ cannabis licenses remain unus...

In this episode of The Cole Memo, Cole sits down with economist Beau Whitney of Whitney Economics to unpack the complex realities behind cannabis market structures. From price elasticity and licensing limits to the rising tension between hemp and marijuana regulation, Beau explains what the data really shows. They also tackle how market access, consolidation, and criminal enforcement intersect wit...

In this live stream, we’ll be discussing the failed attempt to ban federally-legal cannabis products in Texas. Watch video version and read full show notes here: https://thecolememo.com/2025/07/03/e215/

In this episode of The Cole Memo, Cole talks about odor proof updates + Metrc’s impact on Illinois Medical Cannabis Patients. Watch video version or read full show notes here: https://thecolememo.com/2025/07/03/e214/

In this episode of The Cole Memo, Cole talks about odor proof updates + Metrc’s impact on Illinois Medical Cannabis Patients. Watch video version or read full show notes here: https://thecolememo.com/2025/06/25/e213/

In this episode of The Cole Memo, Cole sits down with Aubree Adams, director of Every Brain Matters, to hear her perspective on the harms of marijuana legalization. While Aubree and Cole don’t see eye to eye on many drug policy issues, the conversation is respectful, candid, and wide-ranging—touching on personal experiences, cannabis-induced psychosis, youth access, and the challenges of regulatin...

Cole is joined by Jordan Davidson from Smart Approaches to Marijuana for a candid conversation on cannabis legalization, hemp regulation, and where they still disagree. Watch more at colememo.com/SAM. See the video version of this episode and full show notes here: https://thecolememo.com/2025/06/25/e211/

On this episode of The Cole Memo, I’m joined by Jim Higdon — journalist, author, and co-founder of Cornbread Hemp. We talk about his Kentucky roots, how the Cornbread Mafia helped inspire the brand’s name, and why Cornbread Hemp has become one of the leading voices for common-sense hemp regulation. Jim unpacks the messy realities of cannabis legalization, why the hemp market has regulators and ind...

Livi McKay returns to talk about her latest project, which can be found at discoveryourcolor.co. Discover Your Color is a cannabis delivery service that helps you quickly find the right product using lab-tested data. By answering a few short questions, you’re matched with one of four color-coded categories based on mood and effect—then you can have your selection delivered right to your door. Watc...

In this episode of The Cole Memo, I follow up on episode 207, share highlights from my time at Benzinga, preview upcoming live streams, and cover a few other updates. Watch video version or read full show notes here: https://thecolememo.com/2025/06/11/e208/

In this episode of The Cole Memo, Cole breaks down a press release from MMJ BioPharma that's shaking up the cannabis world. The company accuses the DEA of obstruction, selective enforcement, and unconstitutional practices—and it has people speculating that federal rescheduling might finally be near. But will it actually help? Cole analyzes what’s in the press release, highlights comments from AG P...

Join Aaron, Dave and Cole as they join forces once again to bring you the latest news and discussing all that's been happening in the legislative session in Illinois and elsewhere. Watch video version and read full show notes here: https://thecolememo.com/2025/06/04/e206/

Austin from Texas Cannabis Collective joins me to break down the latest developments in Texas cannabis policy. Watch video version and read full show notes here: https://thecolememo.com/2025/05/31/e205/

In this Friday episode of The Cole Memo, Cole is joined by Peter Contos from the Cannabis Equity Illinois Coalition to break down some exciting last-minute developments in Illinois cannabis policy. The two discuss the unexpected movement of Senate Bill 90, which includes long-sought provisions like allowing medical patients to shop at any dispensary, expanding craft grower canopy limits, removing...

On this Memorial Day episode of The Cole Memo, Cole is joined once again by cultivation consultant and cannabis industry veteran Dusty Shroyer for a deep, nuanced conversation about the evolving hemp and cannabis landscape. From the science behind THC testing to the market distortions caused by prohibition-era policies, the two unpack the promise and pitfalls of hemp policy, explore why rescheduli...

In this packed Friday edition of The Cole Memo, Cole goes live to cover the latest developments in Illinois cannabis policy—including behind-the-scenes updates on proposed changes to licensing fees, adult-use purchase limits, and a potential fix for the controversial "odorproof" vehicle law. He also shares insider intel on efforts to expand access for medical patients, rising struggles among socia...