Eisner Amper: IRS Says Cannabis Business Owners May Be Eligible for Qualified Business Income Deduction
FEBRUARY 23, 2023 By Eric Altstadter and Thomas Cardinale According to the IRS, cannabis business owners operating as a pass-through entity will likely be able to claim a qualified business deduction on their taxes this year without challenge. The decision was...
Bradley: THC-Oh No! The DEA Classifies Delta-8 and Delta-9 THCO as Controlled Substances
By Rachel M. LaBruyere on February 23, 2023 In the summer of August 2022, and again in February 2023, a North Carolina attorney wrote to the Drug Enforcement Administration (DEA) to ask about the status of certain cannabinoids under the Controlled Substances Act...
McDermott Will & Emery: Doctor-Patient Relationships And Medical Marijuana: Where Are We Now?
21 February 2023 by Brian J. Malkin (London) McDermott Will & Emery Recently, President Joe Biden signed the Medical Marijuana and Cannabidiol Research Expansion Act, which provides a mechanism for industry and academia to access and research cannabis (including...
Kaufman & Canoles: DEA Determines THC-O Illegal Under Federal Law
Kaufman & Canoles The 2018 Farm Bill, officially known as the Agriculture Improvement Act of 2018, is a comprehensive piece of legislation that governs agricultural and food policy in the United States. One of the key provisions of the 2018 Farm Bill is the...
Prince Lobel’s “To-Do” List for CAURD Licensees Prior to Commencing Operation
On January 24, 2023, Prince Lobel client Smacked Village, New York’s first Justice-Involved Conditional Adult-Use Retail Dispensary (CAURD) licensee, successfully opened the state’s first for-profit recreational cannabis dispensary at 144 Bleecker Street in New York...Top 200 Cannabis Lawyers
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