Unpacking Rescheduling Facts and Myths
Rumors of cannabis rescheduling sparked market swings and widespread misinformation. Holon Law unpacks the key myths—and the legal realities—behind rescheduling under federal law.
Cannabis taxation
Tax Court’s Section 199A Ruling Deals Another Blow to Cannabis Operators
The U.S. Tax Court recently ruled that cannabis businesses cannot claim the Section 199A qualified business income deduction for wages, citing the restrictions of IRC Section 280E. This decision increases tax burdens and limits relief for operators, highlighting ongoing federal challenges for the industry.