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Tax Reform Cannabis-Related Businesses (CRBs)

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (6/9)

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Ethics legislation stalls in Springfield as Senate president tries ‘brazen’ move that would have helped his election case - “In the closing hours of the Illinois General Assembly’s spring session, Senate President Don Harmon...more

Miles & Stockbridge P.C.

For Whom the Tax Tolls: Maryland’s Budget Bill and Its Fiscal Effects

Maryland Gov. Wes Moore recently signed the $67 billion state budget for 2026 (HB 352) that will make significant changes to the state’s tax system. Among other changes, the budget bill notably establishes a new tax on IT...more

Holland & Hart LLP

the buzz: Cannabis News & Policy Update | February 2025

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Welcome back to the buzz, our monthly cannabis news and policy update. Your at-a-glance source for regulatory developments, agency announcements, and trends impacting the cannabis industry. In this edition of the buzz,...more

Bradley Arant Boult Cummings LLP

Not Cool, Man: Senate Proposal to Expand 280E Taxes on Cannabis Businesses Even if Rescheduled

Anyone who thought that the momentum towards federal liberalization of marijuana would be a straight line found themselves with a cold dash of water to the face. Late last week Republican senators filed a bill, entitled the...more

Falcon Rappaport & Berkman LLP

Hochul Signs Law to Revive Cannabis Farmers’ Markets (Growers’ Showcases) via New Event Permit

Heading into 2025 New York Governor Kathy Hochul signed two new cannabis related bills, one of which would bring back the previously discontinued Cannabis Growers’ Showcase program, effectively allowing adult-use cannabis...more

Winthrop & Weinstine, P.A.

Legislative Top 5 - May 2023 #2

An Early End to Session? In recent years, the legislature has used up more than its fair share of session days to complete its work, but change may be coming this session. While legislators are not required to adjourn...more

Winthrop & Weinstine, P.A.

Legislative Top 5 - April 2023 #3

CANNABIS TAKES A BIG STEP FORWARD - Whew! This week has been a marathon for Capitol watchers. We decided to send today’s update a bit later than usual to accommodate the Senate’s vote on legislation to legalize adult-use...more

Foley Hoag LLP

Massachusetts May “Decouple” From Section 280E

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Section 280E of the Internal Revenue Code provides that no deduction or credit shall be allowed for any amount paid or incurred in carrying on any trade or business if such trade or business consists of trafficking in...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report – Legislative Day 18 2022

Today’s work, as lawmakers close on the sixth week since the session’s opening, focused on local legislative initiatives in the House while there was more variety of subjects taken up by the Senate. There was also a pause of...more

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