Reclassification Eases Taxes and Banking for Medical Cannabis, but Leaves State with Questions

Reclassification eases taxes and banking for medical cannabis, but leaves state with questions

PIERRE — A federal change in medical marijuana’s legal classification should help South Dakota’s medical cannabis industry claim business tax deductions and gain access to banking, officials told state lawmakers

Bipartisan Lawmakers Press Trump For Marijuana Rescheduling Guidance—Including Whether Medicare Will Cover Medical Cannabis

A bipartisan coalition of members of Congress are pressing President Donald Trump and key members of his Cabinet for additional guidance on how the partial rescheduling of marijuana will affect cannabis businesses and consumers. Among other things, they want to know whether there are plans for Medicare to cover medical cannabis. The administration’s marijuana rescheduling move “marks a significant step in establishing a federal framework for cer…

Congress seeks clarity on key cannabis rescheduling questions

There have been many questions raised since state-legal medical cannabis was moved to Schedule III. Operators and patients alike wonder what, if anything, will change. Members of Congress are curious as well and have sent a letter to the Trump administration requesting clarity. RELATED: Marijuana in the mail? This state says it could happen Reps. Dina Titus, D-Nev., Ilhan Omar, D-Minn., David Joyce, R-Ohio, and Greg Steube, R-Fla., are seeking a…

Bipartisan House Lawmakers Press Trump Administration for Answers on Schedule III Marijuana Rollout

The Marijuana Herald - Marijuana news and information A bipartisan group of House lawmakers is asking the Trump administration to clarify how the federal government will implement its new Schedule III framework for certain medical marijuana products, including how the change will affect patients, businesses, taxes, healthcare coverage and federal enforcement. In an August 18 letter, Representatives Dina Titus (D-NV), David Joyce (R-OH), Ilhan Om…