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marijuana industry
Trends
- 1Federal marijuana rescheduling set to reshape medical cannabis businesses▼Federal rescheduling to impact taxes, operations of medical marijuana businesses
Medical marijuana businesses are bracing for major changes as the federal government moves to reschedule cannabis. The shift would alter how these companies are taxed, easing the current burden that bars standard business deductions, and could change day-to-day operations across the industry. Operators and analysts are watching closely to gauge how tax rules, banking access and compliance requirements will be affected.
- 2Oklahoma confronts environmental toll of marijuana industry▼Oklahoma reckons with environmental costs of marijuana industry
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.
- 3National cannabis brand puts Maryland assets up for sale●National cannabis brand's Maryland assets go up for sale
A national cannabis company has placed its Maryland assets on the market, signaling a possible exit or restructuring of its operations in the state's regulated marijuana market. The sale could reshape the company's footprint in one of the newer East Coast cannabis markets, and industry watchers are watching who might buy in.