Cannabis Banking Schedule III: 8 Critical Files Your Bank Actually Wants

Cannabis Banking Schedule III

Part of The Schedule III Cannabis Hub Cannabis banking has had two facts driving it since 2014. Fact one: federal law treats marijuana proceeds as proceeds of a Schedule I controlled substance, which makes anyone touching them potentially exposed under the BSA, money-laundering statutes, and the entire AML edifice. Fact two: FinCEN issued FIN-2014-G001 that […]

280E Retrospective Relief: 7 Critical Steps for State Medical Cannabis Licensees

280E Retrospective Relief:

Part of The Schedule III Cannabis Hub If you are a cannabis CFO or CPA, the most expensive sentence in the IRS code reads: “No deduction or credit shall be allowed for any amount paid or incurred… in carrying on any trade or business if such trade or business consists of trafficking in controlled substances… […]

Schedule III Cannabis: 16 Critical Things Every Operator Needs

Schedule III

Schedule III Cannabis: The Complete Operator, Lawyer & Investor Hub On April 22, 2026, the Department of Justice did something the cannabis industry had been promised for thirty years and warned about for fifteen. It rescheduled marijuana — partially. Not all of it. Not even most of it. Just the slice handled under a state […]

Impacts and Benefits of Schedule III Cannabis

Schedule III Cannabis

In October of 2022, President Joe Biden directed the Attorney General and Health and Human Services (HHS) to evaluate the current Schedule I status of cannabis, called marijuana under the Federal Controlled Substances Act. This directive aimed to reevaluate the classification of cannabis and potentially move it from Schedule I to Schedule III. What Does […]

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