Section 280e

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Aug 23, 2026

Oklahoma AG's Cannabis Bank Ties Raise Compliance Questions Before Runoff

Oklahoma Attorney General Gentner Drummond wants voters to make him governor Tuesday. He also chairs the holding company behind Blue Sky Bank, an Osage County institution that has grown from roughly

• Gentner Drummond

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Jun 08, 2026

DOJ Rescheduling Gives Medical Cannabis Operators a Tax Opening - With Limits

The U.S. Department of Justice's move to downgrade cannabis from Schedule I to Schedule III under the Controlled Substances Act represents the most significant federal policy shift for the cannabis

• DOJ rescheduling

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May 03, 2026

Section 280E Still Hammers Cannabis Businesses While Reclassification Stalls

State-licensed cannabis operators remain fully subject to one of the most punishing tax regimes applied to any legal industry in the United States - and they will stay there until federal law

• Section 280E

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May 03, 2026

Cannabis Rescheduling Brings Immediate Tax Relief to Medical Marijuana Businesses

The Trump administration moved on Thursday to reclassify medical marijuana from Schedule I to Schedule III under the Controlled Substances Act - and within hours, the Treasury Department and IRS

• Cannabis Rescheduling