Lawmakers Push IRS To Issue ‘Prompt’ Tax Guidance For Marijuana Businesses Now That Rescheduling Is Happening
A group of congressional lawmakers are pressing federal officials to issue “prompt guidance” on tax issues for marijuana businesses in light of the Trump administration’s move to federally reschedule cannabis. A new letter, led by Reps. Steven Horsford (D-NV and Steve Cohen (D-TN), notes that “state-legal cannabis businesses have been denied ordinary business tax deductions […]
State AGs file lawsuit to block cannabis rescheduling (Newsletter: May 28, 2026)
Senator: Saving hemp “uphill path”; VA gov family “displeased” w marijuana veto; Poll: US backs legal cannabis; Codifying Trump’s psychedelic move Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment possible… Your […]
State Attorneys General File Lawsuit To Block Trump Administration’s Marijuana Rescheduling Move
Three Republican state attorneys general have filed a lawsuit challenging the federal cannabis rescheduling action announced by President Donald Trump’s Department of Justice last month. The filing from the attorneys general of Indiana, Nebraska and Louisiana claims that they will “show that this agency action fails to comport with the requirements” of federal law, “was […]
Marijuana Legalization Supporters And Opponents File Notices To Participate In DEA Hearing On Rescheduling Next Month
Advocacy organizations on both sides of the marijuana legalization debate have filed notices of intent to participate in a hearing on broad federal rescheduling of cannabis that the Drug Enforcement Administration (DEA) is set to begin next month. Acting Attorney General Todd Blanche last month issued an order that immediately reclassified state-licensed medical cannabis, as […]
GOP Lawmakers And Anti-Marijuana Groups Want Rescheduling ‘Carve-Out’ To Codify THC Testing Rules For Safety-Sensitive Workers
Two GOP congressional lawmakers are joining prohibitionist organizations in their call for a “carve-out” to the Trump administration’s medical marijuana rescheduling action by affirming that safety-sensitive transportation workers could still be penalized for testing positive for THC. At a press conference outside the Capitol on Thursday, anti-cannabis Reps. Andy Harris (R-MD) and Pete Sessions (R-TX)—along […]
Democratic Lawmakers Push Trump To Release Federal Marijuana Prisoners As A Follow-Up To Rescheduling
A coalition of Democratic members of the U.S. House of Representatives and Senate are pushing President Donald Trump to commute the sentences of people who are still serving time in federal prison for marijuana. The move, they say, is a logical next step now that his administration is moving to reschedule cannabis. “The inclusion of […]
Alabama Officials Move To Delay Automatic Rescheduling Of Marijuana Under State Law Following Trump’s Federal Move
“We’re not saying Alabama’s not going to do this. We certainly are going to do this, but if you receive it without objection, it’s scheduled immediately.” By Anna Barrett, Alabama Reflector The governing body of the Alabama Department of Public Health (ADPH) Thursday voted to object to a federal rescheduling of marijuana after state health […]
DEA Should ‘Promptly Move Forward’ With Psilocybin Rescheduling In Light Of Trump’s Psychedelics Order, Attorney For Doctor Behind Petition Says
The Drug Enforcement Administration (DEA) is being put on notice—again—over prolonged delays in processing a petition to reschedule psilocybin from a doctor who wants to use it to treat terminally ill patients, with an updated reminder that President Donald Trump has now made clear his administration’s intent to streamline psychedelic medicine access. In a letter […]
Tariffs’ Impact On Some Cannabis Businesses May Erase Any Benefits They See From 280E Tax Relief Under Rescheduling (Op-Ed)
“Rescheduling removes a major structural penalty, but tariffs will reshape who captures the gains. All else equal, dispensary-heavy companies may emerge as the primary beneficiaries.” By Justin Leiby, Cannabis Research Institute With federal cannabis rescheduling partially underway and the potential end of the 280E tax penalty approaching, how much relief the cannabis industry will experience […]
Cannabis Advocacy Groups Push Congress For Legalization And Other Reforms Following Trump’s Rescheduling Move
“Cannabis reform is the most popular issue in American politics, and…it’s on Congress to pass a comprehensive legalization bill that centers the release of cannabis prisoners.” By Jack Gorsline, Filter A national coalition of 41 advocacy groups converged on Capitol Hill for the Cannabis Week of Unity, when a coordinated lobbying blitz pressed a gridlocked […]