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IRS Tax Guidance Could Boost Cannabis Profits | TDR Cannabis in 5
In the latest TDR Cannabis in Five presented by Flowhub, host Shadd Dales breaks down a story first reported by Marijuana Moment that could have a meaningful impact on cannabis company earnings over the next several quarters.A bipartisan group of lawmakers is now urging the IRS and U.S. Treasury Department to provide clarity on how cannabis businesses will be treated under the tax code following the Trump administration’s federal rescheduling action.It may sound like a tax story, but for cannabis investors, this is really a profitability story.For years, legal cannabis operators have been…
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