January 6, 2025  l  Sign Me Up

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Cannabis industry progress was slow in 2024. Yet very big changes loom on the horizon.

Sometime in 2025, the IRS could stop taxing state-regulated marijuana companies like cocaine kingpins.

Relief from the tax burden of Section 280E is closer than ever, and President-elect Donald Trump will soon become the first POTUS to have endorsed an adult-use marijuana legalization measure.

As a bonus, licensed marijuana operators might no longer compete with mainstream retailers selling intoxicating THC products that meet the federal definition of hemp.

Tax reform and some resolution to the civil war between marijuana and hemp are modest asks.

But a future where these longstanding problems are finally resolved would represent a dream scenario for many operators in the $32 billion state-regulated marijuana industry.

Here are our cannabis industry predictions for 2025: Read story >

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