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5 Key Insights for Cannabis Businesses Navigating the Rescheduling Illusion and §280E Limitations

The industry is abuzz with the potential shift of cannabis from Schedule I to Schedule III. Clients immediately think: “Great, taxes will be easier.” However, this isn't true. Although federal agencies acknowledge legitimate medical use and support rescheduling, the focus is on medical use, not recreational legalization. From a tax perspective, here are the five essential points you need to grasp: 1. §280E Is Still Fully Enforced No changes have occurred where it matters. Can

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