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IRS Official Addresses Marijuana Industry’s Financial Challenges And Congressional Solutions

IRS Official Addresses Marijuana Industry’s Financial Challenges And Congressional Solutions

by InfluencER | May 11, 2022 | Politics and Law

The Internal Revenue Service’s (IRS) Taxpayer Advocate is reminding people of the unique financial challenges that state-legal marijuana businesses face under federal prohibition. In a blog post published on Tuesday, the independent agency under IRS explained that...
Another Financial Association Pushes Senate To Pass Marijuana Banking Reform

Another Financial Association Pushes Senate To Pass Marijuana Banking Reform

by InfluencER | May 10, 2022 | Investors

Another financial association is imploring Senate leadership to pass a bipartisan bill to safeguard banks that work with state-legal marijuana businesses. The Independent Community Bankers of America (ICBA), which represents about 50,000 community banks throughout the...
Working In Canada’s Marijuana Industry Does Not Make People Inadmissible To U.S., Border Patrol Document Confirms

Working In Canada’s Marijuana Industry Does Not Make People Inadmissible To U.S., Border Patrol Document Confirms

by InfluencER | May 10, 2022 | Politics and Law

Simply working in Canada’s marijuana industry does not automatically render a person ineligible for admission to the U.S., a recently disclosed document from Customs and Border Protection (CBP) says. That directly contradicts what top officials with the agency told...
Marijuana measures on the ballot across Montana

Marijuana measures on the ballot across Montana

by InfluencER | May 10, 2022 | Politics and Law

One in four Montana counties will vote on some form of a marijuana-related ballot measure in next month’s primary election as the industry continues to take root across the state. Most of those 14 counties are looking to cash in on the new industry. Twelve counties,...
Austin, Texas Votes to Decriminalize Cannabis

Austin, Texas Votes to Decriminalize Cannabis

by InfluencER | May 10, 2022 | Politics and Law

Voters in Austin, Texas approved a measure on May 7 that outlaws the enforcement of low-level cannabis possession crimes, as well as no-knock warrants, according to a local KVUE report. The ballot initiative, put forth by Ground Game Texas, read: “Shall an...
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