Business
Could an Obscure Tax Loophole Have “Dire Consequences” for Cannabis Businesses?
By
Dan Mitchell
Jul 30, 2020
Jul 30, 2020
In March, the U.S. Treasury Inspector General for Tax Administration (TIGTA) issued a report with the scintillating title, “The Growth of the Marijuana Industry Warrants Increased Tax Compliance Efforts and Additional Guidance.” The report’s contents are as dry you'd expect....
This content is FREE for registered users.
To view this content you need to register as a Weedweek member.
If you are already a member please login below.
pro
EXCLUSIVE: What’s next for Eaze?
On January 1, the parent company of California delivery app Eaze and the Colorado and Florida dispensary chain Green Dragon opened with a new corporate structure. The move had been widely anticipated since tech billionaire Jim Clark, an Eaze investor,...
california
Calif. pesticides mess has no easy fix
Until a few years ago, buying cannabis in California, and pretty much everywhere else, meant accepting the risk that it contained potentially dangerous pesticides and other contaminants. With legalization, California consumers agree to pay taxes on weed in part because...
sponsored
Introducing: Anytime Low Dose THC Seltzers with 0 Calories and 0 Sugar
Anytime's new, nationally-available microdose THC seltzers won seven awards at America’s Best Spirits Competition, including Best in State.Key Takeaways (TLDR)TLDR provided byAnytime Seltzer wins seven awards, including Best in State and regional recognition, showcasing its success in the competitive hemp...
sponsored
Introducing the Environmental & Consumer Compliance Organization (ECCO)
Los Angeles, California (Newsworthy.ai) Monday Dec 16, 2024 @ 6:00 AM Pacific —The Environmental & Consumer Compliance Organization (ECCO) is a new nonprofit, voluntary brand certification for California cannabis products. Committed to ensuring consumer confidence in product safety and quality,...
sponsored
Announcing: Ricki Lake & Bake by Stone Road Farms
Legendary television host, actress and documentarian Ricki Lake has teamed up with leading California-based cannabis company Stone Road Farms to create "Ricki Lake & Bake", a limited edition product celebrating her love for cannabis.Key Takeaways (TLDR)TLDR provided byLimited edition product...
pro
EXCLUSIVE: Stiiizy’s prices anger competitors
In early October, a writer who identified themself as a San Francisco dispensary owner sent an email, "To all cannabis retailers, cultivators and manufacturers." Their shop, and others they had spoken to, had seen a "noticeable drop" in sales, up...
