GOP Lawmakers And Anti-Marijuana Groups Want Rescheduling 'Carve-Out' To Codify THC Testing Rules For Safety-Sensitive Workers
Key Takeaway
Two GOP congressional lawmakers are joining prohibitionist organizations in their call for a "carve-out" to the Trump administration's medical marijuana rescheduling action by affirming that safety-sensitive transportation workers could still be penalized for testing positive for THC. At a press conference outside the Capitol on Thursday, anti-cannabis Reps. Andy Harris (R-MD) and Pete Sessions (R-TX)-along
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.
Maryland Cannabis Market Overview
Maryland launched recreational sales in 2023 with a social equity focus and consumption lounge provisions. The state has approximately 300 active cannabis licenses and 5 licensed testing laboratories. There are 48 cannabis professionals serving Maryland businesses on our directory, including CPAs, attorneys, and compliance consultants.
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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.