Business State Laws Treatment 
Cannabis Law Report
MARCH 23, 2022
Section 280E of the Internal Revenue Code prohibits cannabis businesses from taking any ordinary business deductions in preparing federal income tax returns. This is extremely important to understand, because 280E in many cases can result in an extremely high effective federal tax rate on the actual net profits of the business.
NORML
JANUARY 19, 2020
The bill would prohibit employers terminating an employee for the employee’s lawful off-duty activities that are lawful under state law even if those activities are not lawful under federal law, such as consuming cannabis. CO resident? FL resident? NH resident? New Jersey. NJ resident? New Mexico.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Cannabis Law Report
AUGUST 23, 2021
A 10% tax on marijuana sales would go to funding jobs, addiction treatment and community support for areas with marijuana businesses. Ohio’s medical marijuana businesses, several of which are backing the plan, could automatically get recreational marijuana licenses.
Cannabis Law Report
FEBRUARY 14, 2020
Consumer products law blog. Class actions against CBD companies proliferate under federal and state law. Unless and until the regulatory status of CBD as a therapy or dietary supplement is settled, everyone in the CBD-infused product business is at risk of a run in with a consumer class action as well as FDA enforcement.
Cannabis Law Report
APRIL 17, 2023
. – Today, Congressman Earl Blumenauer, founder and co-chair of the Congressional Cannabis Caucus, introduced the Small Business Tax Equity Act which creates an exception to Internal Revenue Code Section 280E to allow marijuana businesses operating in compliance with state law to take deductions associated with the sale of marijuana like any […] (..)
Cannabis Chronicles
JUNE 27, 2019
A month later, it held another work session on changes to the county’s land-use and planning code that would make way for legal cannabis and specify where pot businesses can be located. They also reflect updates to state law, such as eliminating “collective gardens,” which were previously used for medical marijuana.
Canna Law Blog
MARCH 4, 2020
People are increasingly using ketamine for ailments that resist treatment through traditional pharmaceutical drugs. There are questions about the logistics of opening and running one of these types of businesses, given the complex interplay of laws and regulations promulgated by bodies from the U.S.
Expert insights. Personalized for you.
52 
Let's personalize your content