Tag Archives: Internal Revenue Code

US HOUSE

Curbelo, Blumenauer Introduce Bill to Treat Legal Marijuana Businesses Fairly Under Tax Code

Curbelo, Blumenauer Introduce Bill to Treat Legal Marijuana Businesses Fairly Under Tax Code

WASHINGTON, April 5, 2017 /Weed Wire/ — Today, Representatives Carlos Curbelo (FL–26) and Earl Blumenauer (OR–3) introduced the Small Business Tax Equity Act of 2017, H.R. 1810.

Wyden, Blumenauer Announce Bipartisan Path to Marijuana Reform

WASHINGTON, March 30, 2017 /Weed Wire/ — Senate Finance Committee Ranking Member Ron Wyden, D-Ore., along with senior member of the House Ways and Means Committee Representative Earl Blumenauer, D-Ore., today introduced three pieces of legislation to preserve the integrity of state marijuana laws and provide a path for responsible federal legalization and regulation of the marijuana industry.

bankruptcy

No Bankruptcy Relief For Marijuana Businesses

Starting over in the world of legal marijuana can be very difficult because, as the Tenth Circuit Court of Appeals recently confirmed, there is no bankruptcy relief for marijuana businesses. Without that option, a business failure can mean permanent financial ruin for the cannabis entrepreneur.


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