Trump’s Cannabis Reform Could Change Everything for Brands Like Ours
There’s growing buzz around President Donald Trump preparing to sign an executive order that would reclassify cannabis from a Schedule I drug to Schedule III under federal law.
If that happens, the change would mark the biggest federal reform the cannabis industry has ever seen—and for family-owned, Veteran-led brands like Silly Nice, it could be the green light we’ve been waiting for.
What Schedule III Could Actually Mean
Right now, cannabis is stuck in the same federal category as heroin and LSD, despite being fully legal for adult use in more than 20 states. As a result, we’ve had to deal with major barriers:
Banks won’t work with us
We can’t deduct normal business expenses on our taxes
We’ve been shut out of affordable funding and loans
Every step forward has meant pushing uphill
Reclassifying cannabis as Schedule III would officially recognize it as a substance with medical value and a lower risk profile. For Silly Nice and thousands of other licensed, legal businesses, this means:
Fair tax treatment (no more IRS 280E penalty)
Access to traditional banking and business loans
Legit investor confidence and expansion potential
More legitimacy and safety across the industry
A Major Win for Independent Operators
If Trump follows through on this executive order, it would be a massive win for every independent operator trying to build something real without corporate backing.
We’ve always played by the rules. We launched Silly Nice in New York with the goal of offering premium, small-batch cannabis products rooted in culture, quality, and community. And in less than a year, we’ve expanded into over 125 licensed dispensaries across the state.
But that success hasn’t come easy. We’ve dealt with red tape, patchy banking relationships, and tax restrictions that penalize legal operators just trying to grow. Reclassification would change all of that.
A Quote From Our Co-Founder, LeVar Thomas
“The Trump administration deserves real credit if they follow through on this. Reclassifying cannabis to Schedule III would finally let brands like ours operate like a real business—bank accounts, payroll, access to capital. It’s been overdue. We’re excited about this shift, but we also believe it must come with justice. People are still in prison over cannabis. That has to be addressed too.”
— LeVar Thomas, Co-Founder, Silly Nice
Financial Relief = Bigger Impact
One of the hardest parts of building a cannabis company under federal prohibition is navigating the tax code.
Under IRS Code 280E, we haven’t been allowed to deduct everyday business expenses—things like employee wages, marketing, packaging, or even rent. That eats into our ability to scale, reinvest, and innovate.
Once cannabis is moved to Schedule III, that all changes. We’d finally be treated like any other business. We could reinvest more in New York jobs, local partnerships, new product development, and community giveback.
Opening the Door to Strategic Capital
Cannabis has been one of the most exciting industries in the country—but until now, serious investors have been hesitant to enter because of federal risk.
With reclassification, traditional banks, equity funds, and even insurance companies would be able to work with legal cannabis operators.
That’s why we’re actively exploring new financial partnerships that align with our values:
High-quality, small-batch products
Veteran and Black-owned leadership
Cultural integrity and community reinvestment
Sustainable, scalable operations
If you believe in supporting grassroots cannabis with national potential, we’d love to talk.
A Cultural Shift Worth Paying Attention To
This potential move by Trump would do more than just boost small brands—it would help move the entire industry forward. Cannabis is medicine for many and an economic driver for communities across the country.
This reclassification would also acknowledge what millions already know: cannabis has real value and shouldn’t be treated like a crime.
That said, we still believe more needs to happen:
People with cannabis charges on their record should have those records expunged
Anyone incarcerated for non-violent cannabis offenses should be released
Equity programs should receive new support and resources
Fixing the federal classification is a start—but justice must follow.
What Comes Next for Silly Nice
If cannabis moves to Schedule III, we’re ready. We have:
A proven product lineup
A growing footprint across New York
A loyal customer base
A media platform that drives visibility
We’ve built all of this without access to real funding or banking. Just imagine what we could do with the same tools every other industry takes for granted.
We’re Looking for the Right Partners
Silly Nice is now actively seeking financial partners who want to be part of our next chapter. If you’re an investor, brand partner, or fund looking to get involved with a company that’s already executing—and already trusted across New York—reach out.
We’re not just building a brand. We’re building a movement that honors legacy, promotes culture, and stays true to our mission.
Final Word
Reclassifying cannabis to Schedule III would be a major step in the right direction. It’s not the finish line—but it’s the biggest sign yet that real change is coming.
We’re optimistic, prepared, and ready to grow—with the right partners by our side.
Let’s make this moment count.
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Where to Find Silly Nice
Contact Us: info@sillynice.com