The move to reclassify marijuana as a less dangerous drug by the U.S. Drug Enforcement Agency could shake up the cannabis industry.
SAN FRANCISCO — Blake Wilkins, assistant manager at Solful dispensary in San Francisco, believes that the proposed shift in federal marijuana policy could be a game changer for the industry. 'What this relaxation is going to do, this rescheduling is going to do is going to allow people to actually tax their business operations,' Wilkins explained. 'A lot of people don't know is that salaries, supplies are not taxable for cannabis businesses.
David Goldman, president of the Brownie Mary Democratic Club, emphasized the medical benefits of cannabis. 'That means it's been established that cannabis has medical value,' Goldman stated. 'In fact, in the AP report it mentioned that the government has mentioned that there are at least fifteen medical conditions for which cannabis is extremely helpful medically.
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