Florida's Cannabis News Podcast

Florida's Cannabis News Podcast Tuesday November 17, 2020 Cannabis Taxation—Part III—Why 280E is Outdated and How 280E Cripples Today's Cannabis Industry. This week, David continues Florida’s Cannabis News Podcast’s five part series on Section 280E. In this episode (Part III), we give a short history on the United States legal cannabis markets, explain why 280E is outdated, and why 280E does not satisfy any of its War on Drugs policy goals. Here are the highlights: The Nixon and Regan administrations set the stage for such low support for cannabis reform going into Bill Clinton’s presidency in 1992. Vilifying and marketing cannabis to the American public as a threat successfully maintained the status quo ‘no tolerance’ drug policies, but support for legalization began to increase. The traditional War on Drugs advertisements started to evoke humor, rather than fear, and the generation that led the counterculture movement started to have children. The cannabis industry is similar to any other traditional agricu