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How The DEA's New Marijuana Classification Could Affect California's Cannabis Industry

https://laist.com/news/new-marijuana-classification-californias-cannabis-industry

As the Drug Enforcement Administration takes steps to move marijuana from a Schedule I drug to Schedule III, we examine how California's cannabis industry could be affected.

How The DEA's New Marijuana Classification Could Affect California's Cannabis Industry

A bigger “tax break” (in the form of allowing these businesses to actually deduct expenses like other legitimate businesses) for these dispensaries should mean cheaper products, less struggling businesses and also less black market marijuana.

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