Categories: aggregated

$5.7 Billion in Tax Revenue in the Last 18 Months and Anti-Pot Groups Worry the Weed Biz Would Get Too Big with Rescheduling?

The letter suggests that rescheduling marijuana to Schedule III could “supersize” the industry through tax relief and market normalization. It also argues that rescheduling would reduce penalties for marijuana trafficking, potentially hindering cartel prosecution. Legal experts, however, challenge this claim, highlighting that penalties for drug trafficking are not directly linked to the drug’s scheduling under the Controlled Substances Act.

Jason

Share
Published by
Jason

Recent Posts

If You Can Keep a Cannabis Mother Plant Alive, You Can Bake Sourdough

Cannabis grower and edibles pioneer Maya Elisabeth makes the case that your sourdough starter is…

7 hours ago

You’ve Got Mail: Are Berlin Drug Dealers Really Leaving Free Samples in Mailboxes?

Berlin police are warning residents after receiving reports that suspected drug samples were being left…

7 hours ago

Cannabis Culture Needs Collaboration, Not Fragmentation

Cannabis culture survived through decentralized human connection. Its future depends on whether the people building…

7 hours ago

The Entourage Effect Isn’t One Thing: What a New Receptor Study Actually Found

For years, the cannabis world has treated "the entourage effect" like settled science, a comforting…

7 hours ago

Five Years and $100,000 Later, New York Finally Let Me Sell Weed

After five years, two applications, six figures in expenses, and a maze of shifting rules,…

2 days ago