Manufacturing & Distribution Blog

A look at some of the issues driving the cannabis sector in 2021, including federal and state legislation, taxation, and industry consolidation.

President Biden has signed an executive order that closes federal “buy American” loopholes, thus helping boost activity and investment in U.S. manufacturing.

This post takes a brief look at how the Cannabis Regulation and Taxation Act establishes a two-tier tax structure for adult-use cannabis: one based on THC content to be applied at the wholesale level, and the second a 10.25% surcharge tax on sales fr…

New York State Governor Andrew Cuomo has discussed legalizing and decriminalizing adult-use recreational cannabis as one means of economic recovery in light of the coronavirus pandemic.

The United Nations Commission on Narcotic Drugs recently voted to remove cannabis from Schedule IV of the 1961 Single Convention on Narcotic Drugs.

This article takes a look at the question: Are cannabis companies that are considered ‘small businesses’ eligible to make a tax election to immediately expense their inventory under IRC Sec. 471(c)?

On November 3, New Jersey voted in favor of legalizing adult use recreational cannabis. Now to establish rules, regulations and implementation details regarding the industry.

On November 3, New Jersey’s ballots will contain a measure regarding the legalization of recreational use of cannabis. This article takes a brief look at what that may mean for New Jersey as well as the surrounding states.

In response to a recent report issued by the Treasury Inspector General for Tax Administration, the IRS recently released a cannabis industry landing web page complete with GAQs related to tax and cash receipt reporting requirements.