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Florida GOP State Senator Proposes Tax Relief For Medical Marijuana Businesses, Bucking Party Line
Wednesday, December 20, 2023 - 12:46am | 437Florida State Senator Ana Maria Rodriguez (R) is seeking to ease the financial burden on medical marijuana businesses by allowing them to claim state tax deductions currently denied by the federal government under an IRS code known as 280E, which prevents legal cannabis...
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Maine Gov's Bill Allows Cannabis Operators To Declare Deductions, Otherwise Prohibited By IRS Code 280E
Monday, August 7, 2023 - 8:33am | 524Governor Janet Mills (D) signed cannabis-related legislation last week enabling licensed operators to take state tax deductions. What Happened: By signing the legislation LD 1036 sponsored by Democratic Senator Teresa Pierce, the governor gave a green light to a workaround to...