DEA's Marijuana Rescheduling Hearing Includes The Wrong Voices (Op-Ed)
Key Takeaway
"A decision about whether to continue one of the most outdated and destructive drug policies in American history should not exclude the people and advocates most directly affected by it." By Jason Ortiz, Last Prisoner Project The federal government has finally admitted what millions of people have known for decades: cannabis never belonged in Schedule
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.