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Tag: STATES Act
Potential Municipal, State Bankruptcy Crisis Could Help End Prohibition
Financial institutions in the United States, including state-chartered banks, are inextricably intertwined with the federal banking system and federal law. Since cannabis is considered...
Forecast 2021: Cannabis Industry Experts Look Ahead
By most accounts, 2019 was a tough year for the cannabis industry, what with Canadian stocks in freefall, investment capital drying up, and little...
Treasury Inspector General Recommends More Tax Audits for Cannabis
WASHINGTON, D.C. – The Treasury Inspector General for Tax Administration (TIGTA) issued a report on March 30, which made recommendations to the Internal Revenue...
The Messy State of Cannabis Financial Regulation
Because state-legal cannabis businesses operate in violation of the federal Controlled Substances Act (CSA), they face several significant challenges other legal businesses do not....
Trump Signals Support for Bill to Protect State Cannabis Laws
District of Columbia- An effort to prevent federal officials from prosecuting cannabis businesses and consumers in compliance with state laws received support from President Trump...