Articles

Key Takeaways The U.S. Department of the Treasury has previewed forthcoming guidance addressing Section 280E of the Internal Revenue Code in light of federal rescheduling. For cannabis businesses licensed in Oregon and Washington, the anticipated gui...

As 2025 comes to a close, we are taking a moment to look back on the year’s federal developments on cannabis and hemp. Is rescheduling actually going to happen? And is hemp now illegal?! Historical Context of Cannabis Rescheduling Let’s take a step...

For years, one of the most nerve-wracking moments for company founders and early employees has received a crucial, modern upgrade. The Internal Revenue Service (IRS) has finally entered the digital age for a key tax filing, reducing risk and simplify...

On April 30, 2024, the Associated Press announced the U.S. Drug Enforcement Agency (DEA) will move to reclassify cannabis from a Schedule I to Schedule III under the Controlled Substances Act. It is important to note that the move generally requires...

Tax policy is an interesting animal and odd results occur whenever non-tax people get involved in developing tax policy. Oregon Governor Tina Kotek and the Oregon Liquor and Cannabis Commission (OLCC) are jumping into the tax policy waters. Their inv...

For a printable PDF version of this article, please click here. The Washington State Supreme Court recently upheld an excise tax on the privilege of selling capital assets within the State of Washington. The Court upheld the new tax over concerns tha...