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3 articles tagged with "taxation"

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IRS to Issue Tax Guidance as Schedule III Takes Effect for Medical CannabisLegislation

IRS to Issue Tax Guidance as Schedule III Takes Effect for Medical Cannabis

Treasury officials will issue new tax guidance following the Trump administration's order moving state-licensed medical marijuana to Schedule III, potentially ending 280E tax penalties for qualifying businesses.

Apr 24, 2026
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High Times Rebuts NYT Editorial Board's Cannabis Policy StanceIndustry News

High Times Rebuts NYT Editorial Board's Cannabis Policy Stance

High Times published a point-by-point rebuttal to The New York Times Editorial Board's call for stricter cannabis regulations, challenging the newspaper's positions on taxes, THC caps, and youth use with data from legal markets.

Feb 17, 2026
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California Seizes Record Illicit Cannabis Despite Tax CutsLegislation

California Seizes Record Illicit Cannabis Despite Tax Cuts

California seized record illicit cannabis in 2025 despite cultivation tax cuts, exposing ongoing challenges for legal operators competing with black market prices.

Jan 29, 2026
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