06/03/2026
๐ฑโ๏ธ Cannabis and h**p are the same plant under two different bodies of law โ ๐ and in 2026, both sides are shifting at once, โ๏ธ in opposite directions.
๐๏ธ Federal rescheduling eased the ยง 280E tax penalty for medical ma*****na, ๐ฟ while a new ๐ November 2026 redefinition narrows what counts as "h**p." โ๏ธ I break down what it means for how California operators ๐ข structure, ๐ฅ disclose ownership, and โ
stay compliant.
๐ Read the full analysis ๐
https://shaygilmorelaw.com/california-cannabis-h**p-280e-entity-choice/
**pLaw ๐ฑโ๏ธ
How ma*****na rescheduling and Section 280E reshape entity choice, ownership, and compliance for California cannabis and h**p businesses.