Some Cannabis Dispensaries Could Be Shut Out of Schedule III benefits
Representatives for the Department of Justice and In-Dispensary did not immediately respond
When acting Attorney General Todd Blanche ordered state-legal medical cannabis to be moved from Schedule I to Schedule III, licensed operators across the country scrambled to be among the first to take advantage. Over 7,000 applications were submitted for Drug Enforcement Administration (DEA) registration, which cannabis companies need to access Schedule III benefits, including relief from the federal tax provision known as 280E. But applicants in some states may not be able to secure registration because of how their lawmakers have structured the markets.
Minnesota-based In-Dispensary received a notice from the DEA proposing to deny its federal registration, citing the state’s ‘dual-purpose’ cannabis licensing as one reason. As first reported by the Minnesota Star Tribune, the agency argued that the state’s licensing framework fails to meet federal requirements because it allows businesses to sell both medical and adult-use cannabis
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