Marijuana Activists Say They're Being 'Shut Out' Of DEA's Rescheduling Hearing That Features Only Legalization Opponents
Key Takeaway
A coalition of marijuana legalization activists gathered outside Drug Enforcement Administration (DEA) headquarters on Monday ahead of the start of a hearing an agency judge is overseeing on the Trump administration's proposal to reschedule cannabis-criticizing the fact that no supporters of reform were invited to participate and that the proceedings are not being livestreamed despite
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.