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Keywords: "Controlled Substances Act"

Senate Majority Leader Schumer poised to unveil marijuana reform bill

July 13, 2021

Senate Majority Leader Chuck Schumer reportedly on Wednesday will release a “discussion draft” of a long-awaited marijuana reform bill. The measure is expected to: Remove the plant from the federal Controlled Substances Act. Impose a federal tax. Benefit individuals and communities affected by the war on drugs. Largely leave states in control of deciding how to […]

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Coalition pushes for federal marijuana legalization as chagrin with Biden grows

July 9, 2021

A bipartisan coalition of business and advocacy groups, including the powerful billionaire Koch family, issued a white paper this week with recommendations for federally legalizing marijuana like alcohol or tobacco. The 14-page white paper by the recently formed Cannabis Freedom Alliance came at the same time legalization advocates expressed increasing frustration with President Joe Biden’s […]

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Amazon endorses federal marijuana legalization, softens drug-testing policy

June 2, 2021

U.S. cannabis industry and federal lawmakers take notice: The nation’s second-largest company is embracing nationwide marijuana legalization. Online retail giant Amazon on Wednesday endorsed the U.S. House of Representatives’ federal marijuana reform bill and said it would no longer include cannabis in its drug screening process except for positions regulated by the U.S. Department of […]

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Key US House lawmaker reintroduces federal marijuana legalization bill

May 28, 2021

U.S. House Judiciary Chair Jerry Nadler on Friday reintroduced a social justice-focused marijuana legalization bill known as the MORE Act amid hopes that a newly elected Democratic president and Congress will result in the legislation’s passage. During the previous Congress, the House passed a similar version of the bill. But the measure went nowhere in […]

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DOJ official reiterates stance against marijuana firms in 280E fight

May 25, 2021

A Biden administration official has weighed in against marijuana companies a second time to the U.S. Supreme Court in cases involving Section 280E of the tax code. A brief filed Monday by acting Solicitor General Elizabeth Prelogar argues again that lower courts have been correct in ruling that state-legal marijuana businesses can be investigated by […]

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Two US House Republicans pitch federal marijuana legalization bill

May 13, 2021

Two Republican congressmen in the U.S. House of Representatives have introduced a bill that would legalize marijuana federally in a manner similar to alcohol. The bill, “Common Sense Cannabis Reform for Veterans, Small Businesses, and Medical Professionals Act,” is sponsored by Reps. David Joyce of Ohio and Don Young of Alaska. The two congressmen are […]

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Key Democrat: US Senate will consider comprehensive marijuana reform

April 5, 2021

Senate Majority Leader Chuck Schumer said Democrats will move forward with comprehensive marijuana reform regardless of whether President Joe Biden embraces the idea. “He said he’s studying the issue, so (I) obviously want to give him a little time to study it,” Schumer said in an interview with Politico. “I want to make my arguments […]

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California medical cannabis dispensary owes $4.2 million, US Tax Court rules

February 18, 2021 · Updated March 23, 2021

A subsidiary of California-based cannabis retailer Harborside must pay nearly $4.2 million in back taxes and penalties after losing a case in U.S. Tax Court. The Tax Court determined in a decision issued Wednesday that San Jose Wellness, the Harborside subsidiary, can’t claim tax deductions for depreciation or charitable contributions under Section 280E of the […]

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Biden’s DOJ lawyers take IRS side in marijuana firm’s 280E fight

February 17, 2021

The Biden administration has weighed in on a U.S. Supreme Court marijuana petition, arguing that state-legal cannabis businesses can be investigated by the Internal Revenue Service for potential violations of Section 280E of the tax code. It is believed to be one of the first times the U.S. Department of Justice under the new administration […]

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