S64 in the News: Medical marijuana rescheduled by Feds, could open up research and tax breaks
Strategies 64 leaders hit the airwaves to discuss the Justice Department’s announcement that Acting Attorney General Todd Blanche issued a final order reclassifying medical marijuana from Schedule I to Schedule III of the Controlled Substances Act.
S64’s Christian Sederberg was interviewed for a story on Colorado Public Radio, where he discussed the road ahead for implementation of rescheduling medical marijuana and for upcoming hearings on the prospect of expanding rescheduling to include marijuana regulated for adult use.
While legalization advocates welcomed the move, there’s concern of legal challenges to the medical rescheduling and potential recreational rescheduling.
“So a lot of advocacy work to be done,” said Christian Sederberg, an attorney who helped draft marijuana legalization in Colorado. “It’s going to be a rapid and furious a couple months here for the folks that have been working on this.”
Meanwhile, S64’s Mason Tvert represented Colorado’s cannabis industry trade association, Colorado Leads, in a story on KOAA NBC Colorado Springs and an interview on KOA 850 news radio.
Strategies 64 leaders to speak at AICPA & CIMA Cannabis Industry Conference
Join Strategies 64 partners Christian Sederberg and Jordan Wellington at the AICPA & CIMA Cannabis Industry Conference August 12–14 in Denver and Aurora, Colorado (along with the option to participate online). Christian and Jordan will be featured on a panel titled, “High Stakes: Accounting for the Shifting Cannabis Landscape,” where they will discuss regulatory issues in states with emerging and mature cannabis markets.
The conference will address a variety of issues with implications for accounting professionals serving legal cannabis businesses, including 280E litigation and the potential impact of DEA rescheduling. Senior IRS Counsel will also be on hand to discuss tax challenges for cannabis businesses.
The Association for International Certified Professional Accountants (AICPA) and the Chartered Institute of Management Accountants (CIMA) have helped shape the accounting profession for over a century. They came together as AICPA & CIMA to forge a powerful international alliance that promotes accounting and finance in every corner of the world, according to their website.
Registration for the conference is now open online.
