The 280E section bars any company from claiming standard business tax deductions if it traffics in Schedule I or Schedule II controlled substances. Marijuana has been a Schedule I narcotic since the ...

Trump publicly supported Elon Musk after a report about the billionaire adviser's alleged drug use, saying he'd survived ...

“For us, it's millions. For the industry, it's billions in terms of cash flow,” said Mario Pinho, CFO of Massachusetts-based ...

Regulators are looking into whether several cannabis companies are making illegal products for sale in New York. The products may be worth more than $10 million. By Ashley Southall New York State ...

A new business strategy has entered the legal cannabis trade: claiming exemption from a burdensome federal tax provision that ...

Here's what we know about a forthcoming bill that would once again attempt to legalize recreational marijuana in PA: ...

“For us, it's millions. For the industry, it's billions in terms of cash flow,” said Mario Pinho, CFO of Massachusetts-based ...

Chris Alexander, the embattled head of New York’s Office of Cannabis Management, is stepping down, Spectrum News NY1 has learned. The executive director of the Office of Cannabis Management ...

Earlier this year, the White House and Congress agreed on significant ... According to the Office of Cannabis Management (OCM), New York is building a regulated market where tax revenue will ...

Earlier this week the State Office of Cannabis Management reported that over the first two years of the program there were over $1 billion in licensed marijuana sales in New York State.

The Justice Department has opened a criminal investigation into former New York Gov. Andrew Cuomo after Republicans ...