GOP Lawmakers Are ‘Troubled’ About Marijuana Businesses Getting Tax Relief Under Trump’s Rescheduling Move
Two Republican lawmakers sent a letter to the Trump administration's Treasury Secretary expressing concern that marijuana businesses will become eligible for federal tax relief following cannabis rescheduling from Schedule I to Schedule III under the Controlled Substances Act.
Filed under Federal Action in THC Minnesota's coverage of Minnesota's cannabis and hemp market.
Mentioned
Source Attribution
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.
View Original Source →Related Updates
Lawmakers Push IRS To Issue ‘Prompt’ Tax Guidance For Marijuana Businesses Now That Rescheduling Is Happening
Trump Signs Order to Expand Access to Marijuana, Lower Taxes on Cannabis Businesses
Trump pushes Congress for hemp & CBD reforms (Newsletter: April 27, 2026)
Minnesota lawmakers vowed to save the hemp-derived THC industry. Their push has stalled in Congress.
U.S. Senators developing new laws for THC and the Hemp industry
Reclassifying Cannabis to Schedule III Substance
Stay current on Minnesota cannabis
Browse more federal action updates, the full news feed, or the Minnesota cannabis timeline. Compare products across licensed dispensaries and read our consumer guides.