However, there is a cumbersome issue that bothers every cannabis entrepreneur in the country, regardless of their state’s laws. This issue revolves around Section 280E, Tax code. This tax law has made running a canna business very hard for people who have no idea how to navigate around it. The IRS claims that all canna-businesses are illegitimate at the federal level, even though some states have legitimized it. Hence these businesses are unable to subtract most incurred expenses when filing their taxes except the cost of the products sold.
High Times sent Ethan Zohn across the country during the World Cup to find where…
When most people think about the FIFA World Cup, they think about moments. The winning…
As younger consumers rethink their relationship with alcohol, retailers like SWADE Cannabis are betting cannabis…
Pepper’s drummer reflects on Point Break Festival, reggae-rock’s traveling family, growing up around Hawaiian cannabis,…
The hearing that could decide weed’s federal future starts June 29. The DEA invited seven…
Robinhood is a popular US-based investment app that allows everyday individuals to buy and sell…