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Adult Use Cannabis in Pennsylvania: How Close Is It, Really? — Part 1: The Governor Calls for Adult Use
In this 2-part series, we investigate the possible legalization of adult use cannabis in Pennsylvania. Part 1 examines the two bills being…
California Cannabis Excise Tax Burden Increases with Reg 3802: Catalyst Cannabis Company Leads the Fight Against!
On December 15, 2023, California’s Office of Administrative Law (OAL) approved the CDTFA’s Emergency Regulation 3802 significantly increasing the excise tax burden…
California’s Disappearing Benefits: The Golden State’s Support for Cannabis is Evaporating
We recently wrote about the closure of California’s High Road Cannabis Tax Credit. In another example of California’s disregard for the cannabis…
Cannabis Tax Stacking Harms Legal Sellers and Drives Up Prices
Reprinted With The Permission Of Bloomberg Tax ABFinWright’s Rachel Wright, Abraham Finberg, and Simon Menkes say Missouri’s two cases on cannabis “tax…
Courts Shut Down Corporate Transparency Act — For Now
The Corporate Transparency Act has been halted. This injunction poses relief, and uncertainty, for small businesses grappling with compliance costs. As it…
High Road Cannabis Tax Credit Gone After Only 1 Year: All $20 Million Fully Subscribed
California’s cannabis industry faces a significant setback with the High Road Cannabis Tax Credit (HRCTC) reaching its limit far earlier than the…
Hochul’s Cannabis Tax Proposal Will Cut Costs, Aid Legal Sellers
Reprinted With The Permission Of Bloomberg Tax New York Gov. Kathy Hochul’s proposal to replace the state’s cannabis potency tax with an…
Two Cannabis Tax Cases to Watch
Cannabis Companies Challenge 280E and the Controlled Substances Act with Cannabis Tax Cases As the nation’s cannabis industry eyes Washington D.C. in…
South Dakota Cannabis Tax & the Battle to Approve Adult-Use Sales
In South Dakota’s journey towards adult-use sales, 420 CPA explores the future of South Dakota cannabis tax and finance for companies currently…