Experts say DOJ’s marijuana reclassification may cut cannabis business taxes in Arkansas

LITTLE ROCK, Ark. — Just last month, the Justice Department announced it would move medical marijuana to a lower drug classification, recommending a shift from Schedule I to Schedule III.

Since then, there have been some concerns over how that would impact people here in Arkansas.

“Moving it to a Schedule III still says there is potential for abuse, but it does have known medical benefits,” explained Matt Perrin, who is a CPA with Flatland Financial…

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