LEDFORD & ASSOCIATES

MICHIGAN LAW IN THE NEWS

Rules murky on Opportunity Zones for cannabis businesses

Generally speaking, legal experts agree that Opportunity Zone funding cannot directly fund a marijuana operation because cannabis is still an illegal Schedule I narcotic.

That has left the legal community to date trying to determine how precisely the new federal tax incentive program can be deployed now that both recreational and medical marijuana are legal in Michigan.
Read more at Crains Detroit Business
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