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NJ Senate Passes Bill to Address Legal Cannabis Company Tax Issues

The New Jersey State Senate passed a bill allowing legal cannabis companies to keep separate state tax provisions from the federal prohibition on deductions to help alleviate legal cannabis tax issues companies are facing. Currently, legal cannabis companies cannot deduct their business expenses from their taxes, a common business practice since cannabis remains a Schedule […]

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PayPal Freezes Sativa Cross Account Likely Due to Cannabis Prohibition Stigma

The cannabis activist group Sativa Cross had their PayPal account frozen likely due to the stigma and issues remaining with federal prohibition despite state legalization. Sativa Cross is a 501(C)3 non-profit that advocates for medical cannabis patients and adult-use legalization. They have been especially vocal on the need for cannabis homegrow legalization for years. Sativa […]

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