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280E Tax Fight: IRS Pushes Back on Cannabis Refunds | TDR Cannabis in 5
Can cannabis companies really go back and reclaim millions of dollars paid under Section 280E? That question is becoming one of the biggest tax battles the industry has ever faced.In the latest TDR Cannabis in Five, host Shadd Dales breaks down why the IRS is pushing back against amended tax returns filed by several of the industry’s largest multi-state operators following the move of medical cannabis to Schedule III.The episode looks at how companies including Trulieve (NYSE: TRLV), Verano (Cboe Canada: VRNO | OTCQX: VRNOF), Curaleaf (TSX: CURA | OTCQX: CURLF), TerrAscend (TSX: TSND | OTCQX…
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