Prohibitionists, 2 American Senators Work to Block 280E Relief for Marijuana Companies
Two U.S. Senators have teamed up with prohibitionists to work on legislation that would block marijuana firms from receiving potential tax relief under Schedule III of the Controlled Substances Act. Senators Pete Ricketts and James Lankford are working with Smart Approaches to Marijuana to block 280E relief for state-sanctioned cannabis companies in the U.S. As marijuana remains a Schedule I controlled substance at the federal level, cannabis firms cannot function as effectively as businesses in other industries. For instance, they lack access to most banking services and cannot receive any kind of financial relief from the federal government even though…

















