Chinese Researchers Reveal Ancient Use Of Cannabis As ‘Indispensable’ Crop That Was ‘Deeply Integrated’ Into Daily Life
Key Takeaway
China’s agricultural history with cannabis is deeper than previously believed, with a new study placing the staple crop among “the five grains” (alongside rice and barely, for example) that were foundational to the ancient Eurasian economy and “deeply integrated into the daily lives of the inhabitants.” For the study, published in the Journal of Archaeological […] The post Chinese Researchers Reveal Ancient Use Of Cannabis As ‘Indispensable’ Crop That Was ‘Deeply Integrated’ Into Daily Life appeared first on Marijuana Moment.
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.