Federal tax guidance for cannabis businesses moves onto the Treasury Department’s priority agenda, San Diego County opens a social-equity licensing window, and extreme heat raises operational risks across Los Angeles.
Tag: Section 280E
Alabama Clears Cannabis Shift as TerrAscend Battles Tax Clawback
Alabama removed a state-level obstacle to federal marijuana rescheduling, while TerrAscend challenged the government’s effort to recover an $8.36 million tax refund. In Los Angeles, new restitution laws are being tested through lawsuits involving artworks held by the Norton Simon Museum and the Auschwitz Memorial.
