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The IRS Offers Some Clarity on Tax Deductions in the Cannabis Industry

Veriheal

When it comes to the burgeoning cannabis industry in the United States, one subject that comes up over and over is taxes. For many states, tax revenue is a motivating factor when it comes to legalizing cannabis. First of all, customers purchasing cannabis, whether for recreational or medical use, pay taxes when they purchase legally.

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Is Growing and Dispensing Cannabis a Sin?

Dykema (Cannabis Law Blog)

In mid-May, Treasury Secretary Mnuchin told the Subcommittee on Financial Services and General Government of the Senate Appropriations Committee that cannabis businesses would not be eligible for Opportunity Zone (“OZ”) tax benefits. Read More › Tags: