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Here is the uncomfortable truth: your P&L can be accurate and still give you a dangerously incomplete picture of your business.
If you're new to the cannabis industry, here's something most people learn the hard way: regulators don't just watch what you sell, they watch every dollar you handle.
On April 23, 2026, the DOJ issued a final order moving state-licensed medical marijuana — along with FDA-approved cannabis products — from Schedule I to Schedule III. Effective April 22, 2026, qualifying medical cannabis operations are no longer subject to IRC §280E.
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September 11, 2026
