Arkansas Cannabis Industry Association’s Post

🌟 Explore the potential game-changing impact of reclassifying cannabis with our expert insights! 🌿 Tyler Beuerlein, Chief Strategic Business Development Officer at Safe Harbor Financial, discusses how cannabis has become a polarizing topic with the potential to sway voter bases. The Department of Health and Human Services has recommended reclassifying cannabis from Schedule I to possibly Schedule III, which could have profound effects on the industry. For instance, it could alleviate the burden of Section 280E of the tax code, allowing cannabis businesses to access normal business write-offs and significantly improve profitability. Moreover, expanding lending prospects become feasible as cash flow from the industry becomes eligible for underwriting. Discover more about this pivotal moment in the cannabis industry in our latest episode of Integro Talks. Listen now on Spotify https://lnkd.in/d5cYuXQT or watch on YouTube for valuable insights! https://lnkd.in/duMuadj3   Alberto de la Portilla #CannabisReclassification #IndustryImpact #IntegroTalks #Integroadvisers

Election season is underway, and now both candidates are fully on the side of cannabis investors. Here are the four reforms that make cannabis a strong buy now. #cannabisstocks Read the full article here: https://hubs.ly/Q02PyTD00

CANNABIS RESCHEDULING FAQ: WHAT NOW? A lot of really important info to know about what happens next in this Q&A by Cannabis Business Times Editor-in-Chief Michelle Simakis, with insights from Jonathan Havens 🟦 at Saul Ewing LLP and Sander Zagzebski at Clark Hill Law ... including: ⚫ How long might it take for the rulemaking process to be finalized? (I did not love the long estimate here to say the least -- hopefully not, but possibly years) ⚫ What happens if DEA doesn’t issue the final rule in 2024/early 2025? Could rescheduling be overturned if the administration changes after the 2024 election? ⚫ What does this mean for state-legal cannabis businesses? ⚫ Any impact on the prospects for the SAFER Banking Act to pass? ... and more. Read it here: https://lnkd.in/e65rmMQ6

Republican control of the US government may significantly impact the cannabis industry. Here are the key takeaways: Shift from state to federal focus for reform efforts Potential hurdles for SAFE Banking and other legislation Industry unity crucial for progress in a divided government What are your thoughts on the future of cannabis reform? MJBiz https://lnkd.in/eEgGHbjs

We are excited to share a new blog post from our Chief of Staff Nicole Ziegler: A New Chapter: Insights into Cannabis Reclassification and Legislative Reform. As we all know, the landscape of cannabis regulation is shifting dramatically. With the DEA's proposal to reclassify cannabis from a Schedule I to a Schedule III controlled substance, we find ourselves at a pivotal juncture. This blog post delves into what these changes mean for the industry, beyond the common knowledge—highlighting the deeper implications for business operations and legislative momentum. In the article, Nicole explores the potential financial benefits for plant-touching businesses, such as tax deductions and improved access to banking services. She also discusses pivotal legislative bills like The MORE Act, The SAFER Banking Act, The Veterans Equal Access Act, and The STATES Act, which could transform the federal stance on cannabis. Read more to understand how these changes could shape the future of our industry. https://lnkd.in/gtFA5H-7

The 2024 election will undoubtedly influence the future of cannabis banking and payments, but regardless of the outcome, dispensaries need immediate, reliable solutions to their financial challenges https://lnkd.in/g4pWUaW4

Discover the latest insights on potential federal policy changes in the cannabis industry from Aaron Smith, CEO of the NCIA, on our CannaBiz Success Show. From rescheduling benefits to tax challenges, learn about the crucial role of FDA guidance and advocating for retroactive tax relief. Watch the full episode 👇 #CannabisIndustry #PolicyChanges #NCIA #280E

In Case You Missed It: The Impact of Rescheduling Cannabis—Things to Prepare for Now Our Stuck on Compliance blog for June explores the key impacts of this potential rescheduling on the cannabis industry, which holds profound implications for everything from research and taxation to banking and market dynamics. ➡️ Read more about six areas of impact: https://ow.ly/9Rhk50Snmet

Discover the latest insights on potential federal policy changes in the cannabis industry from Aaron Smith, CEO of the NCIA, on our CannaBiz Success Show. From rescheduling benefits to tax challenges, learn about the crucial role of FDA guidance and advocating for retroactive tax relief. Watch the full episode 👇 #CannabisIndustry #PolicyChanges #NCIA #280E

Discover the latest insights on potential federal policy changes in the cannabis industry from Aaron Smith, CEO of the NCIA, on our CannaBiz Success Show. From rescheduling benefits to tax challenges, learn about the crucial role of FDA guidance and advocating for retroactive tax relief. Watch the full episode 👇 #CannabisIndustry #PolicyChanges #NCIA #280E