MEMORIAL DAY SHOCK: The Federal War on Cannabis Just Started (DEA Raids, $8.3M Tax Clawbacks)
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Here’s what we cover in this educational episode on cannabis law, policy, and business:
The 280E Tax Clawback: The DOJ files the first-ever lawsuit to claw back an $8.3 million 280E refund from MSO TerrAscend, sending a clear warning shot to all operators who have filed for refunds.1
DEA’s “Operation Weed Out”: Federal task forces are turning hard toward the unlicensed market, with DEA-led raids shutting down illegal dispensaries in New York. The throughline: the line between who gets a buildout and who gets a raid is a state license.1
The DEA’s Rescheduling Showdown: The comment window for the expedited Schedule III hearing closes this week, and we discuss the urgency for industry participation and what a full plant reschedule means for 280E and research.1
Virginia’s Legalization Stalls: Governor Spanberger vetoes the adult-use market bill again, five years after possession was legalized, leaving the illicit market to thrive and eat up potential state revenue.1
The TSA Policy Change: The Transportation Security Administration quietly updates its ‘What Can I Bring?’ page regarding medical marijuana, reflecting the DEA’s Schedule III reclassification and the ripple effect on everyday life.1
Cannabis Safety for Seniors: Stanford Medicine experts lay out 5 crucial risks older adults must consider, especially as a federal judge clears the path for Medicare’s hemp/CBD coverage pilot.1
The Rogue Crime Lab: In Illinois, a flawed THC testing method at a crime lab led to a marijuana DUI case being dropped, tainting over 2,000 cases nationally and challenging the reliability of per se THC DUI limits.1
Final Thought: The contrast between the federal “gas pedal” and the state “brake” is the whole show. Rescheduling is prospective and uneven, rewarding the operators who built on compliance instead of loopholes. The winners in 2026 are the ones reading the fine print.1
LINKS & RESOURCES
Newsletter (free, spicy, actually useful): bit.ly/3VEn9vu1
Sponsor — Collateral Base: bit.ly/m/collateral-base1
Sponsor — Howard Law Group (Cannabis Industry Lawyer): [cannabis industry lawyer dot com](http://cannabis industry lawyer dot com)1
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