Feds Announce Marijuana Industry Tax Guidance Is Coming As Rescheduling Takes Effect
Federal officials announced they will issue new tax guidance for the marijuana industry following the Trump administration's reclassification of cannabis to Schedule III. Under an order from Acting Attorney General Todd Blanche, marijuana regulated under state medical cannabis licenses will move to Schedule III, which may affect federal tax treatment and industry operations.
Filed under Federal Action in THC Minnesota's coverage of Minnesota's cannabis and hemp market.
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This summary was compiled from information published by Marijuana Moment. All facts and statements reflect the original source material. For complete details, refer to the original publication.
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