Marijuana Business

Illinois Lawmakers Approve Bill Allowing Marijuana Businesses To Claim State Tax Deductions As Partial IRS 280E Fix.

Kyle Jaeger  | May 29, 2023 | Marijuana Moment Keywords: Funding | State Tax Deductions | Irs | Language | Internal Revenue Service Summary Illinois lawmakers have approved a budget with provisions allowing licensed marijuana businesses to take state tax deductions. They’re currently prohibited from utilizing those deductions at the federal level due to an Internal Revenue […]

FDA Orders Elf Bar and Esco Bar Imports Detained

Elf Bar & Esco Bar, Chinese Imports Detained By The FDA

The FDA ordered Import inspectors to detain shipments of Elf Bar and Esco Bar disposable vapes from China and Korea, adding the products to the “Import Red List.” An “import red list” authorizes U.S. ports of entry to detain the merchandise without physical inspection. “May detain without physical examination.” Elf Bar and Esco Bar packages […]

Connecticut Marijuana Prisoner Release Bill

Marijuana Prisoner Release Bill Approved By Connecticut House

Marijuana Prisoner Release Bill Passed A bill requiring courts to reduce sentences or dismiss charges for a broader range of cannabis-related convictions and, consequently, to release individuals who are currently behind bars on those charges was approved by the Connecticut House of Representatives. This legislation would build on the state’s marijuana legalization and expungement law. […]

Minnesota Cannabis Legalization

Minnesota’s Governor To Sign Marijuana Legalization Bill Into Law

See Also https://smokeopedia.com/minnesota-governor-signs-marijuana-legalization-bill-into-law/ Governor Tim Walz of Minnesota says he plans to sign the recently passed Marijuana legalization bill into law. The new law will be effective from August 1, 2023, making Minnesota the 23rd US state to legalize the adult use of cannabis. Minnesota residents aged 21 years or older could possess up to […]

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