Federal Cannabis Tax — 2025
Complaining about the cannabis tax penalty under 26 U.S.C. § 280E is just another way of saying cannabis does not belong in Schedule 1 of the Controlled Substances Act, 21 U.S.C. § 812. New Mexico Top Organics Inc. v. Commissioner, Docket No. 19661–24 in the U.S. Tax Court, involves a New Mexico medical cannabis company, … Federal Cannabis Tax — 2025