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Tax Reform Marijuana

Troutman Pepper

The Enemy of the Good: Comparing Administrative v. Legislative Approaches to Cannabis Reform

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Only one day after reports surfaced that the Drug Enforcement Administration (DEA) will proceed with rescheduling cannabis from Schedule I to Schedule III of the Controlled Substances Act (CSA), Senators Charles Schumer...more

McDermott Will & Emery

IRC Section 280E Will No Longer Apply if Marijuana Is Rescheduled

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On May 16, 2024, the US Department of Justice submitted a Notice of Proposed Rulemaking (NPRM) to reschedule marijuana from Schedule I to Schedule III within the Controlled Substances Act....more

Burns & Levinson LLP

State Solutions to the “280E Problem”

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Does anyone else feel immense frustration when considering the inequitable treatment that cannabis businesses receive under Section 280E of the Internal Revenue Code (26 U.S.C. s. 280E)? It grinds my gears that our clients,...more

Stikeman Elliott LLP

Canada’s 2022 Federal Budget: Commodity Tax Measures

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On April 7, 2022, the Government of Canada unveiled its 2022 federal budget (“Budget 2022”) and announced certain important commodity tax measures. Budget 2022 includes proposed amendments to past proposals, as well as some...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report – Legislative Day 28 2022 (Crossover Day)

Work continues under the Gold Dome as this Report went live on Tuesday evening, with legislators in the House and Senate jockeying to get their bills and resolutions across the hall before the gavel falls on Crossover Day...more

Akerman LLP

Are We There Yet? Schumer Unveils Long-Awaited, Sweeping Marijuana Reform Bill

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On Wednesday, July 14, 2021, Senate Majority Leader Chuck Schumer (D-NY) – at long last – revealed the first draft of a comprehensive reform bill in an effort to remove marijuana from the Controlled Substances Act. Only time...more

Clark Hill PLC

Window On Washington - Vol. 3, Issue 44

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Outlook for This Week in the Nation’s Capital - Recess. Congress is in recess until December 2 for the Thanksgiving holiday. Clark Hill wishes our readers a Happy Thanksgiving....more

Clark Hill PLC

Window On Washington - Vol. 3, Issue 8

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Outlook for This Week in the Nation's Capital - Congress: Having finally passed a FY19 appropriations spending package acceptable to President Trump, who signed the measure last Friday, the House and Senate take a much...more

Clark Hill PLC

Window On Washington - Vol. 2, Issue 23

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Outlook for This Week in the Nation's Capital - August Recess. Senate Majority Leader McConnell announced last week that the Senate would be cancelling all but the first week of August recess. ...more

Clark Hill PLC

Window on Washington - Vol. 2, Issue 6

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Outlook for This Week in the Nation's Capital - FY18 Appropriations Work Already Underway. Since the passage of the bipartisan budget deal this past Friday, House and Senate Appropriations Committees have already begun...more

Clark Hill PLC

Window on Washington - Vol. 2, Issue 1

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Another short-term continuing resolution is all but guaranteed as the current continuing resolution will expire later this month and budget talks last week did not result in a deal or hint at one in the near future. As the...more

Cozen O'Connor

II-25 – Top 10 New Year’s Resolutions for Employers in 2018

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From federal agency changes to anticipated developments in sexual harassment, paid leave, overtime, and marijuana use, this episode of Employment Law Now provides ten issues that employers should resolve to understand in the...more

Pierce Atwood LLP

Under the Dome: Inside the Maine State House

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Under the Dome: Inside the Maine State House provides a high-level overview of recent activity at the Maine State House. Double Whammy in Maine’s Paper Industry - This past week, two northern Maine paper mills...more

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