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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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New Connecticut law restricts THC beverage sales to liquor, cannabis stores

Sales of THC-infused beverages in Connecticut now will be allowed only at state-licensed liquor stores and cannabis retailers.

News July 3
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Some parts of California unaffected by cannabis sales slump

While overall cannabis sales have been falling in California since early 2021, some areas of the state are…

News July 3
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California recalls 5 West Coast Cure marijuana products, cites pesticides

California regulators on Tuesday announced five more marijuana product recalls related to banned pesticides in a scandal that…

News July 2
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Marijuana operators vow to take federal prohibition challenge to Supreme Court

The cannabis multistate operator behind a constitutional challenge to federal marijuana prohibition that was dismissed by a lower…

News July 2
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Nominations open for Emjays cannabis awards during MJBizCon Week

The Emjays International Cannabis Awards, first introduced during MJBizCon Week in 2023, are returning Dec. 5 to the…

News July 2
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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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Martha’s Vineyard marijuana retailer reopens after waterway deliveries OK’d

Adult-use and medical marijuana retailer Island Time in Martha’s Vineyard, Massachusetts, reopened for business Saturday after being closed…

News July 1
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Pesticide scandal shakes confidence in California cannabis market

California cannabis brands, retailers and testing labs are scrambling to regain the confidence of consumers in the wake…

News July 1
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Louisiana bans THCA flower, sale of hemp products at gas stations

Smokable hemp flower, including so-called THCA flower, is now banned in Louisiana under a new law restricting hemp-derived…

News June 28
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