Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, argues that outdated federal laws are crippling the cannabis industry and costing the U.S. economy valuable economic benefits. He criticizes the federal government’s restrictive tax code and lack of access to traditional financial services, hindering the industry’s growth potential. While rescheduling cannabis could alleviate some financial pressures, Gerber stresses the need for industry leaders to prepare for future regulatory changes and advocate for comprehensive federal reform.