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Cannabis Industry Update

Cannabis Industry Update

Feb 24, 2026 | Business

In December 2025, President Trump signed an Executive Order to accelerate the reclassification of marijuana from Schedule I to Schedule III under the Controlled Substances Act, a move that would lessen restrictions and penalties associated with the drug.  For tax...
Beneficial Ownership Information Reporting

Beneficial Ownership Information Reporting

Dec 13, 2023 | Business, Tax

On September 29, 2022, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCen) issued a final rule implementing the bipartisan Corporate Transparency Act’s beneficial ownership (BOI) reporting provisions.  The new rule will require business...