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GOP senators target cannabis industry tax cuts (Newsletter: February 10, 2025)

Trump budget director: marijuana a “gateway drug”; HI legalization stalls; Rescheduling hearing participant withdraws; IL gov touts $2B cannabis sales

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/ TOP THINGS TO KNOW

Newly confirmed White House Office of Management and Budget Director Russell Vought said marijuana is a “gateway drug” and has pushed to roll back state legalization laws. His office would play a key role in vetting any cannabis rescheduling rule under the Trump administration.

Sens. James Lankford (R-OK) and Pete Ricketts (R-NE) filed a bill to continue blocking marijuana businesses from taking federal tax deductions

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