Latest In: 280E

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Finance experts mixed on prospects of marijuana capital infusion post-rescheduling

Finance experts disagree over the validity of rumors about a "wall of capital" entering the cannabis sector if…

News January 7
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DEA picks 25 to participate in marijuana rescheduling hearing

The U.S. Drug Enforcement Administration has contacted 25 “designated participants” to testify at a Dec. 2 hearing about…

News October 31
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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
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December marijuana rescheduling hearing prompts anger, stock sell-off

For the second year running, the $32.1 billion U.S. cannabis industry will head into the Labor Day holiday…

News August 28
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Marijuana MSOs set up high-risk fight with IRS over 280E of tax code

Tens of millions of dollars in tax savings and a quick increase in available cash are some of…

News August 15
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Leading Democratic senators call for marijuana to be ‘entirely’ descheduled

Marijuana should be removed from the Controlled Substances Act altogether, not just moved to a lower, lesser-policed classification,…

News August 5
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What tax deductions will be available to marijuana companies if 280E disappears?

Marijuana rescheduling would liberate plant-touching companies from 280E, which prohibits businesses from deducting ordinary expenses.

News July 5
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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
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Biden drug czar hints at interstate commerce if marijuana is rescheduled

Marijuana rescheduling could allow for “legitimate interstate commerce within the federal system,” the Biden administration’s drug czar said…

News May 28
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