Federal Court Shuts Down Covid-Era Tax Credit for Cannabis
In yet another example of Covid-era benefits not applying to cannabis companies, a federal court in Washington ruled the Employee ...
Tag: 280E
5 States Looking to Legalize Adult Use This Year
Midway through February, already five states have filed bills to legalize adult use and one state has legislation to allow ...
If Cannabis is Rescheduled, 280E Tax Savings Could Take Effect Immediately
Assuming that cannabis is moved to Schedule III, attorneys and accountants believe the tax impact on businesses could be immediate. ...
Rescheduling May Not Open Major Exchanges to Cannabis Companies
The potential rescheduling of cannabis may do little immediately to ease the path for cannabis companies to list on U.S. stock ...
Ascend Wellness and TerrAscend Latest to Challenge 280E
TerrAscend (TSNDF) and Ascend Wellness (AAWH) are following in the footsteps of Trulieve (TCNNF) in amending tax returns with the ...
Questions Remain About Trulieve’s Supposed $113M Tax Win
The difference between how the federal government views medical and adult-use cannabis could be at the center of Trulieve’s (TCNFF) ...
Taking Cannabis Down to Schedule III: What Does It Really Mean?
The cannabis industry’s hearts, and investors’ dollars, fluttered at last Wednesday’s news that the U.S. Department of Health and Human ...
More states allow cannabis businesses to deduct expenses as fed bill tries again to stem 280E
One of the biggest financial challenges for cannabis businesses is paying taxes. And even though cannabis remains federally illegal as ...
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