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BUSINESSThe Dales Report

Why the TerrAscend tax case matters for cannabis rescheduling

The Dales Report explains how the federal effort to recover more than $8 million from TerrAscend reflects the unresolved boundary between current Section 280E enforcement and marijuana's move to Schedule III. Oklahoma operators should not assume retroactive 280E relief and should preserve tax records while waiting for clear federal guidance on prior years.

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