Marijuana Businesses Can’t Force Court To Do ‘Imaginary’ Rescheduling Review To Exempt Them From 280E Tax, IRS Says

Marijuana Moment
By Kyle JaegerMar 11, 2026, 12:54 pm161 ptsTrendingTop
While marijuana may soon be rescheduled under federal law, that doesn’t currently exempt state-legal cannabis businesses from an Internal Revenue Service (IRS) code known as 280E that bars them from taking federal tax deductions, the agency argues in a new filing with the U.S. Tax Court. In response to a…

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