Trying to Hold On Until Schedule 3? – Why So Many Cannabis Companies are Struggling to Stay Open Right Now!

The closure of licensed cannabis retailers and the shrinking regulated market, with consumers reverting to the illicit market, is distressing. There’s hope that reclassifying cannabis to Schedule III will bring tax equity, bolstering the sustainability of these businesses. However, delays in tax relief could push the regulated market past a critical threshold. This transition to Schedule III is crucial to prevent irreversible damage to the regulated market.