Teen Marijuana Use Hits All-Time Low As More States Legalize It For Adults, Federal Data Shows
Key Takeaway
The percentage of U.S. high school students who use marijuana is now at an all-time low-even as more states continue to legalize cannabis for adults-according to the latest results of a biennial survey conducted by the Centers for Disease Control and Prevention (CDC). The new federal data, released on Monday, shows that 12.9 percent of
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.