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Controlled Substances Act Regulatory Agenda Internal Revenue Code (IRC)

McDermott Will & Emery

IRC Section 280E Will No Longer Apply if Marijuana Is Rescheduled

McDermott Will & Emery on

On May 16, 2024, the US Department of Justice submitted a Notice of Proposed Rulemaking (NPRM) to reschedule marijuana from Schedule I to Schedule III within the Controlled Substances Act....more

Holland & Hart LLP

If You Want a Natural Medicine Company, Start Tax Planning Now

Holland & Hart LLP on

A recent bill passed by Colorado voters allows for the establishment of a regulated market for plant-derived psychoactive substances. Potential owners of natural medicine companies should understand how Section 280E of the...more

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