Tag: Taxes

New Bipartisan Bill In Congress Would Keep Hemp THC Products Legal, With New Taxes And Regulations

Bipartisan congressional lawmakers have filed a new bill that would allow continued sales of certain hemp-derived THC products, partially scaling back a broad ban that is scheduled to take effect later this year. The new Lawful Hemp Protection Act, introduced by Reps. Andy Barr (R-KY) and Angie Craig (D-MN) on Wednesday, would again change the […]

Why Are Republicans Fighting To Raise Taxes On Cannabis Businesses? (Op-Ed)

“These Republican members of Congress appear to be hoping to undermine President Donald Trump’s position…by preserving punitive tax treatment for licensed cannabis businesses, regardless of their classification under federal law.” By Michael Cooper, National Cannabis Industry Association Sometimes you have to wonder what some congressional opponents of cannabis reform are smoking. The continued march of […]

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