marijuana

A move by federal authorities to reschedule marijuana is expected to significantly affect medical marijuana businesses, particularly their taxes and day-to-day operations. Rescheduling from Schedule I could allow cannabis companies to deduct normal business expenses under federal tax law, ending restrictions imposed by IRS Code 280E and easing banking and operational hurdles for operators.

The New York Times' briefing examines the aftermath of recent drug laws, focusing on marijuana policy and its legal consequences. The piece explores how changes in drug legislation are reshaping law enforcement, regulation and public attitudes. Readers are discussing the broader implications of these shifts for national drug policy.

Oklahoma is examining the environmental consequences of its large-scale marijuana cultivation sector, including water use, energy consumption and land impacts tied to grow operations. The state has become one of the country's biggest cannabis producers since legalizing medical marijuana, and the industry's rapid expansion has prompted growing scrutiny of its ecological footprint and calls for stronger oversight.

Missouri state officials have asked the Missouri Supreme Court to block the awarding of 13 marijuana licenses, pausing the issuance process amid legal dispute. The request puts the state's highest court at the center of a fight over who gets to enter Missouri's recreational cannabis market, where licenses are highly sought after and competition for them has already produced litigation.