A tax breakthrough for growers? Cannabis industry scores big win in new Michigan ruling


8.15.23 9:00 AM

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 delivered this pivotal victory to their client, and the implications it could have on the cannabis industry moving forward.

To hear more episodes, be sure to subscribe to Dykema’s YouTube channel, the Cannabis Law Blog, or by searching “A Higher Law” wherever you get your podcasts.