Signed as Law: Connecticut Eliminates State Conformity with IRS Section 280E for Marijuana Businesses
HARTFORD, Conn. (June 14, 2023) – On Monday, Connecticut Governor Ned Lamont signed a bill that includes provisions eliminating the state’s conformity with Internal Revenue Code (IRC) Section 280E. The enactment of this provision provides limited but important state...
Signed as Law: Illinois Eliminates State Conformity with IRS Section 280E for Marijuana Businesses
SPRINGFIELD, Ill. (June 13, 2023) – Last week, Illinois Governor J.B. Pritzker signed a bill that includes provisions eliminating the state’s conformity with Internal Revenue Code (IRC) Section 280E. The enactment of this provision provides limited but important...
Signed as Law: Colorado Allows Online Payments for Marijuana Despite Federal Prohibition
DENVER, Colo. June 12, 2023 – Earlier this month, Colorado Gov. Jared Polis signed a bill legalizing online payments for marijuana in the state despite ongoing federal cannabis prohibition. Rep. William Lindstedt, Rep. Said Sharbini and Rep. Robert Rodriguez...