Welcome to Higher Law, our weekly briefing on all things cannabis. I’m Cheryl Miller, reporting for Law.com from Sacramento, where I am unindicted and only conspiring to bring you the best and latest in marijuana law news.
This week we look at two issues that continue to bedevil companies—and the vendors that serve those companies—trying to thrive in state-regulated marijuana markets: the Internal Revenue Service and pot-wary banks. Advocates like to say marijuana prohibition is in its final days, but tell that to the licensed dispensary that still can’t open a checking account or is considered a drug-trafficker by the federal Tax Man.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]