The IRS’s Office of Chief Counsel recently published a memorandum providing information for cannabis companies struggling to comply with the completion of Form 8300, which must be filed every time
Continue Reading IRS Issues New Guidance for Cannabis Companies That Receive Over $10K in CashOn March 23, the federal Small Business Administration (SBA) stated that cannabis businesses will not be eligible for loans under its Economic Injury Disaster Loan (EIDL) Program, despite expanding the
Continue Reading SBA Announces that Cannabis Businesses Will Not be Eligible for Economic Injury Disaster Loans
In December 2018, Congress passed the 2018 Farm Bill. While Congressional passage of the “Farm Bill” is a relatively regular occurrence, the latest iteration had big implications for the
Continue Reading USDA Releases Interim Hemp Production Regulations
On January 15, 2019, Fox Rothschild attorneys Josh Horn and Joseph McNelis will present Employment Compliance in the Age of Legalized Marijuana to the Greater Valley Forge HR Association in
Continue Reading Fox Attorneys Present: Employment Compliance in the Age of Legalized Marijuana
In the latest Tax Court opinion addressing the application of Section 280E to cannabis businesses there is no good news. However, there is some new guidance. In Patients Mutual Assistance
Continue Reading Section 280E Litigation Update: Harsh Results for Resellers
It is not often when an employer defends a FLSA lawsuit by asserting that it is in an illegal business and therefore immune to suit. Sound funny? Well, that is
Continue Reading One Toke Over the Line: Employer of Marijuana Workers Seeking FLSA Overtime Defends By Asserting Its Business Is Illegal
The National Law Journal has recognized
Continue Reading Fox Trio Named to List of ‘Trailblazers’ in Cannabis Law
All employers face challenges in navigating issues surrounding legalized marijuana. For construction industry employers, the challenges are particularly difficult given the necessary emphasis on safety.
Last week, my colleague Jeff
Continue Reading Webinar: How Does Legalized Marijuana Affect the Construction Work Site?
For the latest analysis of the implications of IRC 280E, check out this blog from Jennifer Benda.
Continue Reading So Why Should You Care About 280E
The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has released updated quarterly statistics showing a continuing increase in the number of depository institutions that actively bank U.S. marijuana businesses. As
Continue Reading Treasury Department Data Shows Continuing Increase in Availability of Marijuana Banking