AGP Executive Report
Last update: 16 hours agoFederal cannabis tax shift: The DOJ/DEA rescheduling that moves many state-licensed medical marijuana categories to Schedule III is now reshaping the math for operators—280E limits may fall away for qualifying businesses, but the IRS “interpretation” phase is where audits and disputes could start. Courtroom pressure on privacy: Verano is pushing an Illinois federal judge to toss or arbitrate a proposed class action claiming it leaks consumers’ medical info via receipts. State policy momentum: Georgia Gov. Brian Kemp signed a package including a hemp THC limit bill (SB 33) and other measures as states keep tightening product rules. Product compliance scramble: Texas rule changes around smokable hemp/THCA are driving new compliance-first e-commerce plans from brands like Vertex Exotics. On-the-ground risk: A Stillwater man faces felony DUI-drug charges after a crash tied to THC and other substances, underscoring how mixed-drug driving cases keep landing in court.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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