Market Trend & Policy Analysis - Anticipation of President Trump directing agencies to reclassify marijuana as a Schedule three drug, similar to common painkillers, is driving market activity [2] - The potential reclassification would not legalize marijuana but could allow cannabis companies access to banking services and a different tax status [3] - The President's authority to unilaterally reclassify marijuana is limited, and the order is expected to direct the Department of Justice (DOJ) and the DEA to restart the rulemaking change process [5] - Resistance within the DEA remains a concern, potentially hindering the reclassification process [7][8] Investment Opportunities & Risks - Rescheduling is not legalization and doesn't necessarily lead to increased market share for cannabis companies; the primary impact is on the tax code, potentially reducing the tax rate from 40% to around 10-15% [9] - Legalization has a 30% chance, which would prohibit market share growth and organic growth [10] - Retail sentiment is driving some of the current market activity, as seen in the 30% increase in Canadian pot equities, even though the rescheduling primarily applies to US companies [13] - Rescheduling primarily benefits mom and pop farms, but larger companies are expected to consolidate the industry as regulations improve [15][16] Company Financials & Tax Implications - Tax relief from rescheduling is expected to be available for the 2026 tax season in 2027 [17] - The key financial impact of rescheduling is a change in the tax structure, not necessarily organic market share growth [18]

Well, joining me now we have Ohio Congressman Greg Lansman. He is a member of the Energy and Commerce Committee. Congressman, welcome.Good to see you. So, here we go. Um, as you just released the second edition of your great American comeback plan, which lays out a 10 bill agenda for delivering results for everyday Americans whom you say are working harder than ever, but they're falling further behind.So, what are the policy changes that you believe can move the needle on the basic living costs. Yeah. So, y ...

The IRS furled more than 30,000 workers yesterday, which brought many of the AY's operations to a grinding halt. Despite delays, that October 15th deadline for Americans who got extensions on their 2024 taxes, well, that will still apply. >> What Americans can expect is longer wait times, uh, delays and changes to the tax code.The IRS will not be picking up the phone, and we're are we are going to see some backlogs. Now, as you mentioned, one thing that's not impacted is the tax filing deadline of October 1 ...

The U.S. tax code is generous when it comes to passing down money to heirs tax-free. For married couples to obtain the full benefit, there is a strict set of rules. Messing up can be disastrous. https://t.co/GohjxlOeup ...

Tax Planning - The U S tax code offers generous tax-free inheritance opportunities [1] - Married couples must adhere to strict rules to maximize these benefits [1] - Failure to comply with these rules can have severe consequences [1]

The U.S. tax code is generous when it comes to passing down money to heirs tax-free. For married couples to obtain the full benefit, there is a strict set of rules. Messing up can be disastrous. https://t.co/a8Lf6bJMZI ...

Tax Implications - The U.S tax code provides generous tax-free inheritance opportunities [1] - Strict rules apply for married couples to maximize these benefits, and non-compliance can have severe consequences [1]

Estate Planning - The U S tax code offers generous tax-free inheritance opportunities [1] - Married couples must adhere to strict rules to maximize these benefits [1] - Failure to comply with these rules can have severe consequences [1]

The U.S. tax code is generous when it comes to passing down money to heirs tax-free. For married couples to obtain the full benefit, there is a strict set of rules. Messing up can be disastrous. https://t.co/EGtsFBtjnG ...

The U.S. tax code is generous when it comes to passing down money to heirs tax-free. For married couples to obtain the full benefit, there is a strict set of rules. Messing up can be disastrous. https://t.co/PLVsfwoHFn ...