PSN Briefings

Plain-English cannabis industry updates — what changed, what didn’t, and why it matters.

Episode 1 • Federal Rescheduling — What Actually Changed

Latest PSN Briefs

Short, plain-English updates from the PSN desk

  • What federal rescheduling did NOT change 2 min read • Federal
  • Why state cannabis boards still control outcomes 3 min read • States
  • What operators should not assume in 2026 2 min read • Operators

[#item_full_content] While marijuana may soon be rescheduled under federal law, that doesn’t currently exempt state-legal cannabis businesses from an Internal Revenue Service (IRS) code known as 280E that bars them from taking federal tax deductions, the agency argues in a new filing with the U.S. Tax Court. In response to a petition to the court filed  Read More