Cannabis Reclassification
Reclassifying cannabis can facilitate scientific research and reduce tax burdens for legal businesses, potentially easing federal penalties for cannabis-related offenses.
For more details, see The Guardian.
Banking and Financial Services
The reclassification may encourage banks to offer financial services to cannabis businesses, reducing cash-only operations and enhancing security.
Tax Considerations
The reclassification could lead to lowered tax burdens for cannabis firms, accelerating research and enabling standardized drug development.
Research Opportunities
The reclassification will make it easier to conduct marijuana-related medical research, allowing us to study benefits and potential risks effectively.
Social Equity Initiatives
Programs in California and Washington aim to provide opportunities for marginalized communities affected by the War on Drugs.
Learn more at California Cannabis Equity Program.