A Higher Law
A Higher Law is your guide to the latest legal developments in the cannabis world, brought to you by Dykema’s award-winning cannabis attorneys. From employment to real estate to emerging trends, A Higher Law features interviews with industry insiders to discuss everything you need to know to navigate this complex legal space.
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A Higher Law
What happens if cannabis moves to a lower-risk drug tier?
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A recent recommendation from U.S. health officials could move marijuana from a Schedule I substance to a Schedule III substance before the end of the year. Perhaps the biggest impact of this move would be on the way cannabis businesses are taxed, as they’d no longer be subject to Internal Revenue Code 280E (IRC 280E). Lance Boldrey (leader of Dykema’s Cannabis group) and John Fraser (Michigan Team Leader of Dykema’s Cannabis group) are joined by Scott Kociensk of Dykema’s Federal Tax group to discuss the implications this could unlock for the industry.
Find more on Lance here.
Find more on John here.
Find more on Scott here.
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