Tag Archives: Tax Code

280E

Time to Repeal Section 280E

Time to Repeal Section 280E

Legal is good. Legal and prosperous is better, as far as investors are concerned. Now that five jurisdictions have opened the door to a recreational marijuana industry, it is time to re-examine the legal structure it takes to support a healthy business climate.

Tax Wrench

Tax Burden for Canna-businesses

The IRS problems faced by marijuana businesses can really only be solved one way: by changing the classification of marijuana as a Schedule I drug under federal law. Doing so will unbind the hands of the IRS to relax their penalties, and it may make it easier for businesses to work with banks.


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