Does CAOC address the following? IRS 280E tax law? Ability to do business with FDIC insured banks? Thank you. Reply
Removal of marijuana from the CSA will moot the 280E tax issue and will allow financial institutions to service marijuana derived monies under the Bank Secrecy Act. Reply
I don’t see anything about 280E either, but it might be a de facto kind of thing where it just goes away. Prohibiting flavors is another misguided policy as well. FFS, just implement and actually enforce age restrictions. Kids and adults all like flavors, but that’s not why they want to use the product. No amount of rules will stop underage use and flavorings’ presence or absence aren’t going to affect usage. Reply