Cannabis rescheduling

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30/05/2026

Congress Pushes Treasury to Clarify Tax Rules for Cannabis Businesses After Rescheduling

Two Democratic lawmakers are pressing the Treasury Department and IRS to issue formal, actionable guidance on federal income tax treatment for state-legal cannabis businesses - a direct consequence

• Steven Horsford

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28/05/2026

Three States Challenge Federal Medical Cannabis Rescheduling Order in Court

Nebraska, Indiana, and Louisiana have taken direct legal aim at the Trump administration's rapid reclassification of medical cannabis, filing a formal petition for review in the U.S. Court of Appeals

• Cannabis Rescheduling

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07/05/2026

Cannabis Rescheduling Cracks Open 280E Relief, But Treasury Holds the Key

The Trump administration's April 23 order reclassifying state-licensed medical cannabis as a Schedule 3 controlled substance does something no congressional vote has managed in decades: it removes

• Cannabis Rescheduling