Trump White House Drug Official Claims Marijuana Is Killing People, Calling It 'The Number One Drug Of Addiction'
Key Takeaway
An official in the Trump administration's White House drug office claims that "the number one drug of addiction is marijuana"-arguing that it is important to "remember the victims of marijuana, the people who've died from marijuana harms." Roneet Lev, who serves as the White House Office of National Drug Control Policy's (ONDCP) chief medical officer,
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.