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29 May

Floweret MD

Illinois Lawmakers Approve Bill Allowing Marijuana Businesses To Claim State Tax Deductions As Partial IRS 280E Fix

May 29, 2023
By FloweretMD
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Illinois lawmakers have approved a budget bill that includes provisions that would allow licensed marijuana businesses to take state tax deductions...

03 Jan

Floweret MD

Hundreds Of New York Municipalities Will Allow Marijuana Businesses As Opt-Out Deadline Passes

November 3, 2022
By FloweretMD
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With the passage of Friday’s deadline for New York municipalities to opt out of allowing marijuana retailers and consumption sites in their jurisd...

28 Sep

Floweret MD

IRS Official Offers Tax Advice To Marijuana Businesses And Says Feds Expect Industry To Keep Growing

November 3, 2022
By FloweretMD
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Massachusetts lawmakers on Monday heard testimony on separate proposals to decriminalize drug possession and establish a pilot program for safe in...

07 Sep

Floweret MD

Firm Led By Formerly Anti-Drug GOP Senator Will Lobby For Marijuana Businesses In New York

November 3, 2022
By FloweretMD
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Adult-use marijuana sales in Illinois exceeded $120 million in August, state officials reported on Thursday. It’s the second highest sales record ...

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