cannabis

Medical Cannabis Moves Forward, Recreational Stays Stuck: Tax and Compliance Takeaways

At the end of April 2026, the federal government took a major step by moving FDA‑approved marijuana products and marijuana sold under qualifying state medical marijuana licenses from Schedule I to Schedule III of the Controlled Substances Act. This change recognizes accepted medical use and makes it easier to conduct clinical research, but it does

By |2026-05-08T20:13:53+00:00May 25th, 2026|Categories: Business, Individuals|Tags: , , , , , , , , , , |

Cannabis still Schedule I controlled substance – Section 280E applies

The Cannabis industry had some rumors in the last few months on a potential move from Schedule I substance which are considered hard drugs with no medical use and that are especially harmful for users due to abuse to a more relaxed Schedule III which are medical drugs with lower dependence. The current Biden administration

By |2025-01-07T07:48:05+00:00October 21st, 2024|Categories: Business, Individuals|Tags: , , , , , , , , , , , |
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