Marijuana banking reform still needed if rescheduling occurs, report says
Rescheduling marijuana "is unlikely by itself" to solve the cannabis industry’s longstanding banking woes, according to a new…
News August 28
Latest In: 280e marijuana tax issue
IRS warns cannabis operators that 280E taxes still must be paid
The IRS is reminding marijuana companies that taxes under Section 280E of the Internal Revenue Code still must…
News July 1
IRS: Marijuana cash transactions aren’t automatically suspicious
Large cash transactions by marijuana businesses should not automatically be reported as suspicious, according to new IRS guidance.
News March 19
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June 22
Michigan marijuana store owner convicted of federal tax evasion
The former owner of a Michigan marijuana store could serve up to nine years in prison after he…
News September 13
Maine latest state to offer marijuana businesses some 280E tax relief
Maine will allow legal marijuana businesses to take some tax deductions on their state returns to make up…
News August 7
More states reduce 280E tax burden on cannabis industry
The U.S. cannabis industry is benefiting from long-desired tax relief now that an increasing number of states -…
News June 21
Marijuana firms could face higher taxes via Biden spending plan and state rules
Marijuana businesses have paid higher taxes than mainstream companies for years thanks to Section 280E of the Internal…
News April 20
Medical Marijuana Pros, Cannabis Business Leaders Focus on Crucial MMJ Industry Tax Issue
Several prominent medical cannabis professionals have banded together to form a new group that will focus on one…
News February 23Featured
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