Browsing Tag
Section 280E
3 posts
New Cannabis Lawsuit Filed Against Federal Government
After a Massachusetts-based cannabis lawsuit was dismissed in January, the companies decided to introduce a new court filing.
New Illinois Budget Includes Provisions for Cannabis Businesses
Illinois is the next state to allow licensed cannabis businesses to take tax deductions under Section 280E.
New Jersey Governor Signs Bill Extending Tax Deductions to Cannabis Companies
New Jersey Gov. Phil Murphy has signed legislation to separate state tax law from federal regulations that deny standard tax deductions for cannabis businesses.