Signed as Law: Illinois Eliminates State Conformity with IRS Section 280E for Marijuana Businesses
SPRINGFIELD, Ill. (June 13, 2023) โ Last week, Illinois Governor ย J.B. Pritzker signed a bill that includes provisions eliminating the stateโs 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...
To the Governor: Connecticut Bill Would Eliminate State Conformity with IRS Section 280E for Marijuana Businesses
HARTFORD, Conn. (June 8, 2023) – On Tuesday, the Connecticut Senate gave final approval to a bill that includes provisions that would eliminate the stateโs conformity with Internal Revenue Code (IRC) Section 280E. The enactment of this provision would represent...