Teen Marijuana Use Has Decreased In Every State That Has Legalized It For Adults, Contrary To Opponents' Scare Tactics
Key Takeaway
Opponents of marijuana legalization often claim that it will entice more underage kids to use it, but teen cannabis consumption has decreased in every single state that has enacted the policy change, according to a new report. The analysis from the Marijuana Policy Project (MPP) tracks federal and state government survey data on youth cannabis
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.