EPISODE · Aug 15, 2023 · 22 MIN
A tax breakthrough for growers? Cannabis industry scores big win in new Michigan ruling
from A Higher Law · host Dykema's Cannabis Industry Group
In a first-of-its-kind decision, a Michigan-based cannabis business was recognized as an agricultural operation. A potential milestone for the industry, this ruling sheds light on the legal classification of cannabis cultivation and its eligibility for agricultural tax-related benefits. Dykema’s Carl Rashid, Jr. and Mark Magyar discuss how they brought this pivotal victory to their client, and the implications it could have on the cannabis industry moving forward.Find more on Carl here.Find more on Mark here.To hear more episodes, visit DykemaPodcast.com, our YouTube page, or search “A Higher Law” wherever you get your podcasts.Subscribe to Dykema’s Cannabis Law BlogLearn more about Dykema’s cannabis groupFollow Dykema on LinkedIn
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What this episode covers
In a first-of-its-kind decision, a Michigan-based cannabis business was recognized as an agricultural operation. A potential milestone for the industry, this ruling sheds light on the legal classification of cannabis cultivation and its eligibility for agricultural tax-related benefits. Dykema’s Carl Rashid, Jr. and Mark Magyar discuss how they brought this pivotal victory to their client, and the implications it could have on the cannabis industry moving forward. Find more on Carl here. Fi...
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A tax breakthrough for growers? Cannabis industry scores big win in new Michigan ruling
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