News & Analysis as of

Taxation Agribusiness

Vorys, Sater, Seymour and Pease LLP

Ohio Supreme Court Doubles Down on Applying a Plain and Ordinary Meaning to Sales Tax Exemptions

On August 13, 2025, the Ohio Supreme Court overturned the Ohio Board of Tax Appeals (BTA) and the Ohio Tax Commissioner in Claugus Fam. Farm, L.P. v. Harris, 2025-Ohio-2807, Slip Opinion No. 2025-Ohio-2807, thereby allowing...more

Husch Blackwell LLP

ESOPs for Cannabis Companies

Husch Blackwell LLP on

Employee stock ownership plans (ESOPs) have been used as a business succession strategy by employers across many industries. In the cannabis industry, ESOPs have come and gone and come again as a trendy topic promising to fix...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 18 - February 2025

The Georgia General Assembly returned in a frenzy on Tuesday with lawmakers and lobbyists rushing between back-to-back committee meetings in the morning and afternoon on a legislative day bifurcated by a 1 p.m. convening....more

Mayer Brown

Europe Daily News, 26 February 2024

Mayer Brown on

COMPETITION - Appeal brought on 4 January 2024 by Teva Pharmaceutical Industries Ltd and Cephalon Inc. against the judgment of the General Court of 18 October 2023 in Case T-74/21, Teva Pharmaceutical Industries and...more

Mayer Brown

Europe Daily News, 21 February 2024

Mayer Brown on

COMPETITION - Prior notification of a concentration (Case M.11395 - Mytilineos / Volterra) - Prior notification of a concentration (Case M.11440 - Clearlake / Insight / Alteryx)...more

Warner Norcross + Judd

CRA Social Equity Program Incentives and Opportunities for Community Reinvestment

Warner Norcross + Judd on

The Cannabis Regulatory Agency’s (CRA) Social Equity Program arises from a provision of the Michigan Regulation and Taxation of Marihuana Act (MRTMA) designed to promote and encourage participation in the cannabis industry by...more

Vicente LLP

Navigating Minnesota’s New Rules for Manufacturers and Sellers of Lower Potency Hemp-Derived Edible Products

Vicente LLP on

Unlike so many other state cannabis laws that impose separate and distinct regulatory frameworks for hemp and cannabis, Minnesota’s newly enacted recreational cannabis law (“Adult-Use Act”) incorporates hemp-derived...more

Akerman LLP

“CAOA” - A Federal Decriminalization of Cannabis Bill Addressing Banking, Taxes, Criminal Law, and More - Introduced in U.S....

Akerman LLP on

A long-awaited bill to federally legalize cannabis was finally introduced last week after a year of negotiation following the release of a draft last year. On Thursday, July 21, 2022, U.S. Senators Cory Booker, Chuck Schumer,...more

Sheppard Mullin Richter & Hampton LLP

California Cannabis Farmers May Finally Get Some Relief

Residents of California often complain about high taxes, but no one pays higher taxes than the cannabis industry. In addition to the Federal 280E penalties, the cannabis industry in California is subject to a 15% state-wide...more

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