What the federal government’s shift on marijuana means for Illinois
The Drug Enforcement Agency is expected to reclassify marijuana as a drug with medicinal value with a lower potential for abuse.
Consumers in states where medical and recreational marijuana are legal may not notice changes, but weed businesses will be allowed greater tax deductions for expenses. The change would also make it easier for those companies to take out loans.
Reset learns more.
GUEST: Bob McCoppin, reporter, Chicago Tribune
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What the federal government’s shift on marijuana means for Illinois
The Drug Enforcement Agency is expected to reclassify marijuana as a drug with medicinal value with a lower potential for abuse.
Consumers in states where medical and recreational marijuana are legal may not notice changes, but weed businesses will be allowed greater tax deductions for expenses. The change would also make it easier for those companies to take out loans.
Reset learns more.
GUEST: Bob McCoppin, reporter, Chicago Tribune