How Section 280E is Still Hindering the Cannabis Industry

Jay Jerose, Principal at the Bonadio Group, dives into Section 280E and shares its implications on businesses and the cannabis industry. Not only is it difficult for cannabis companies to avail themselves of alternative banking solutions, but there are also obstacles in place preventing these companies from taking advantage of notable tax deductions, with the primary obstacle being Internal Revenue Code (IRC) Section 280E.

The post How Section 280E is Still Hindering the Cannabis Industry appeared first on Cannabis Industry Journal.

Current Trends in Banking for Cannabis-Related Businesses

CRBs are still in a holding pattern when it comes to any new developments for traditional banking and lending access. However, there are more banks than ever doing business with the industry and political shifts in Washington offer a hopeful outlook for future legislative changes.

The post Current Trends in Banking for Cannabis-Related Businesses appeared first on Cannabis Industry Journal.

Could 2021 Be the Year of Federal Cannabis Legalization?

Probably not, but we’re getting close. In this piece, Johnson discusses some upcoming legislation that could be key in the path towards federal legalization in the United States.

The post Could 2021 Be the Year of Federal Cannabis Legalization? appeared first on Cannabis Industry Journal.

GMPs & Cannabis Manufacturing

Kathleen May, Founder of Triskele Quality Solutions, provides a roadmap to Good Manufacturing Practices (GMPs) compliance for manufacturers in the cannabis industry.

The post GMPs & Cannabis Manufacturing appeared first on Cannabis Industry Journal.