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 […]

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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