Sara Gullickson was recently recently quoted in AZ Big Media’s article on What cannabis rescheduling means for Arizona.
The Article Reads:
The industry anticipates that once rescheduling is complete, it will change how regulators, lenders and investors view the industry. For Arizona operators, that shift could unlock financing and deal activity that has been largely frozen.
The most immediate impact of rescheduling would be the effective end of 280E, part of the tax code that effectively bans cannabis businesses from taking common tax deductions enjoyed by other regulated industries. According to Sara Gullickson, CEO of The Cannabis Business Advisors, that will significantly improve cash flow and financial stability for compliant operators.
“That said, state licensing frameworks remain fully intact, and operators should expect heightened expectations around compliance, governance, and operational discipline,” Gullickson says. “This move rewards well-run businesses with strong regulatory foundations and positions cannabis closer to a normalized, highly regulated industry—while exposing those that are unprepared for increased scrutiny.”
