ACN Business

Rescheduling marijuana would be a big tax break for legal cannabis businesses – and a quiet form of deregulation

Written by Sloan Speck, Associate Professor of Law, University of Colorado Boulder

In December 2025, the Trump administration accelerated the process of reclassifying marijuana from Schedule I to Schedule III under the Controlled Substances Act – a shift that would reduce restrictions and penalties associated with the drug.

Under the move, medical and recreational marijuana would still remain illegal at the federal level....

Advantages of Cloud Accounting Software for Australian Businesses
Is your business still relying on desktop accounting programs or complex spreadsheets? Cloud based accounting software offe…
What the ‘mother of all deals’ between India and the EU means for global trade
The “mother of all deals”: that’s how European Commission President Ursula von der Leyen described the new …
‘Bold’. ‘Elegant’. ‘Introverted’? How words describing wine get lost in translation
karelnoppe/GettyI recently watched a participant at a wine tasting freeze when asked for their opinion. “It’s &he…
Australian inflation jumps, adding to chances of an RBA interest rate hike
Inflation has risen further above the Reserve Bank of Australia’s 2–3% target. There is now a very real prospect …
A new company tax mix has been proposed. We need to be careful how we assess it
Steven Wei/UnsplashAustralia has a problem. Across the economy, business investment has been sluggish for the past decade, le…
Back to school: what are the money lessons to teach your kids at every age?
Atlantic Ambience/PexelsAs parents prepare for another school year, there’s one subject that often gets overlooked: mon…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property
In the dynamic world of real estate, commercial properties hold a pivotal position. They represent not only a significant financial asset but also a crucial business investment. When contemplating the…

Confiscate their super. If it works for sports stars, it could work for bankers
The interim report of the Financial Services Royal Commission pulled no punches, reminding us all of just how aghast the public is over (among other things) the non-provision of paid…
How 'bad credit' lender Cigno has dodged ASIC's grasp
ShutterstockCigno is exactly the sort of business the Australian Securities and Investments Commission had in mind when it asked for stronger powers to ban the sale of harmful financial products.Cigno…
Are Mobile Outdoor Pizza Ovens a Great Idea for Camping?
The motorhome lifestyle gives its owners complete independence, but how they choose to live it will determine how they find it. Some people prefer cooking their meals in their automobiles…

Australian retailers are turning to artificial intelligence to simplify and automate returns and exchanges, while strengthening loyalty programs a...

I’ve been in customer service for years now. As my team has grown, the number one piece of advice I give is to be your...

Richard Valente, VP of Customer Experience Strategy at TP in Australia, explores how IT-BPM outsourcing is revolutionising the travel sector throu...

Online shoppers with HealthPost’s Flora & Fauna have made 11,000 contributions towards climate and biodiversity projects when ordering parcel ...

Aussie SMEs warn RBA not to ignore global trends, with the current sledgehammer approach threatening business viability and increasing inflation ...

Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, has been awarded the Employer of ...