Welcome back to the buzz, our monthly cannabis news and policy update. Your at-a-glance source for regulatory developments, agency announcements, and trends impacting the cannabis industry.
In this edition of the buzz, highlights include:
Federal Rescheduling hearings underway in late January -
Attorneys make oral arguments in the Cannaprovisions case, challenging federal prohibition -
With a nationwide injunction, CTA compliance is on hold, but the 1/1/25 reporting deadline may be revived -
IRS warns cannabis companies about the improper use of disclosure Form 8275 for refund claims and “no-280E” return positions -
A proposed federal bill would redefine hemp. Texas pursues a ban on all consumable hemp products -
Kentucky approves first medical use licenses and Florida increases MMTC licenses, other states update their cannabis policies
Please see full publication below for more information.
