Newsbrief: IRS hits MSO TerrAscend with 280E clapback

WeedWeek
By Week_adminMay 21, 2026, 1:25 am77 pts
The IRS wants MSO TerrAscend to return an $8.3M (plus interest) refund it received related to industry-hated tax rule 280E. In recent years, several large MSOs have become more aggressive in claiming tax deductions related to 280E based on their own interpretations of the tax code. The refund TerrAscend…

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