A Return To Criminalization Is Not The Solution To Unfair Rules Differences Between Hemp And Marijuana (Op-Ed)
Key Takeaway
"This division, at once under- and over-regulated, is not the cannabis and cannabinoid industry that any of us need." By Adam Smith, Marijuana Policy Project This week, Chris Lindsey, a former Marijuana Policy Project (MPP) staffer and now vice president of the industry association American Trade Association for Cannabis and Hemp (ATACH), published an op-ed
What This Means for Cannabis Businesses
Tax developments like this directly impact the bottom line for every cannabis operator. With Section 280E creating effective tax rates above 70% for many businesses, any shift in federal tax policy - whether through rescheduling, court rulings, or IRS guidance - can mean the difference between profitability and closure. Cannabis business owners should work closely with a specialized CPA to understand how these changes affect their specific situation.
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This analysis is based on reporting by Marijuana Moment. Read the original article. CannaBizGuide provides original commentary and analysis - this is not legal or tax advice.