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IRS Releases Tax Guidance For Marijuana Industry

On Thursday, the Internal Revenue Service (IRS) released updated guidance on tax policy for the marijuana industry, including instructions on how cannabis businesses that don’t have access to bank accounts can pay their tax bills using large amounts of cash. Due to...

Philippines firm ventures into medical marijuana

Greenergy Holdings Inc. has acquired a majority stake in an Australian firm, expanding the listed company’s portfolio to include biotechnology. Greenergy in a stock exchange filing said it acquired 51 percent of Yakuru Group Pty. Ltd. (YGPL), which recently introduced...

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