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Tag: 280e
Florida Still Attracts Cannabis Investors
Nearly every election over the past decade has changed the landscape for the cannabis industry, and 2024’s was no exception. Whether a second Trump...
Don’t Bet Your Future on a Political Mirage
Donald Trump’s reelection has left the cannabis industry facing familiar questions about its future under a federal landscape that repeatedly has dangled reform without...
Embracing Employee Stock Ownership Plans
Successful cannabis businesses are strategic, savvy, and clever. They have to be, don’t they? With harsh regulations like Internal Revenue Code (IRC) Section 280E,...
The Scarlet Ledger
The legal cannabis industry in the United States is expected to generate between $31 billion and $34 billion in revenue during 2024 and $87...
IRS Attorney: There Is No End Run Around 280E
DENVER – Cannabis companies underpaying or withholding taxes based on presumed nullification of Internal Revenue Code Section 280E after rescheduling are setting themselves up...
The Financial Impact of Cannabis Rescheduling
Ever since August 2023, when the Department of Health and Human Services (HHS) recommended moving marijuana to a less-restrictive schedule under the federal Controlled...
It’s Official: DOJ Proposes Rescheduling Cannabis
WASHINGTON – It’s official: On Thursday, the Department of Justice (DOJ) proposed moving cannabis from Schedule I to Schedule III under the Controlled Substances...
Is Rescheduling Imminent?
WASHINGTON – Rumors of an imminent drug policy announcement swept through the industry Tuesday morning after the Associated Press reported the Drug Enforcement Administration...
The Snowball Effect of Unpaid Bills
“The check is in the mail” appears to be the new mantra of the United States cannabis industry. While delinquent payments sadly have been...
240 Logistics Launches FlyWheel Platform
CHICAGO -- 240 Logistics (240L) has launched a groundbreaking technology solution for cannabis retailers that will synchronize the supply chain from seed to sale using data...















