<div id="readability-page-1"><div> <h2>Key Points</h2><ul><li>Medical-only cannabis operators like True Leaf could see faster margin and cash-flow improvements.</li><li>Multi-state cannabis companies may face new tax-allocation hurdles that pressure near-term earnings. </li><li>These 10 stocks could mint the next wave of millionaires ›</li></ul>A controversial federal shift is reshaping cannabis taxes, boosting some medical-only operators while complicating life for multistate players. Discover how this split scheduling could reshape margins, cash flows, and valuations by watching the discussion in the video below.*This video was published on April 24, 2026.Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an &#34;Indispensable Monopoly&#34; providing the critical technology Nvidia and Intel both need. Continue »<h2>Where to invest $1,000 right now</h2> When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor’s total average return is 979%* — a market-crushing outperformance compared to 200% for the S&amp;P 500. They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you join Stock Advisor. See the stocks » *Stock Advisor returns as of April 30, 2026. Emily Flippen, CFA has positions in Trulieve Cannabis. Sanmeet Deo, CFA has no position in any of the stocks mentioned. Thomas King, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. </div></div>

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New cannabis regulations are creating disparities between medical-only operators and multistate companies. Medical operators like True Leaf may benefit from improved margins and cash flow, while multistate firms face new tax challenges that could impact earnings. This federal shift in cannabis tax policy is reshaping the industry landscape, influencing valuations and financial performance for various players.

nasdaq

Trulieve Cannabis Corp.

Cresco Labs Inc.

The Cannabist Company Holdings Inc.

Curaleaf Holdings, Inc.

Tilray Brands

Green Thumb Industries Inc.

IM Cannabis

AdvisorShares Pure US Cannabis ETF

Amplify Alternative Harvest ETF

NVIDIA

Intel

S&P 500

Nasdaq

NVIDIA Corporation

New Cannabis Rules Just Created Winners and Losers: What the Split Schedule Means for Medical Operators and MSOs