IRS digs in on marijuana rescheduling as MSOs’ 280E bill balloons

Mar 20, 2026 | National

Cannabis companies owe the IRS $1.6 billion and counting in past-due 280E-related bills, and marijuana rescheduling is unlikely to change that, the agency said in recent filings. Major marijuana multistate operators owe more than $1.6 billion in back taxes...

IRS Files First Response to Common Industry 280E Arguments

Mar 20, 2026 | National

The Internal Revenue Service (IRS) recently filed its first written response to arguments used widely by cannabis taxpayers as justification for not paying Section 280E taxes. The closely-watched U.S. Tax Court case, New Mexico Top Organics v. Commissioner, has been...

New Mexico cannabis operators lose federal lawsuit over Border Protection seizures

Feb 18, 2026 | National

Eight licensed New Mexico marijuana companies who sued U.S. Customs and Border Protection after agents seized more than $1 million worth of legal cannabis had their lawsuit dismissed by a federal judge on Monday. Because cannabis remains an illegal Schedule 1...

Industry says kids’ safety not ‘black and white’ as lawmakers weigh new cannabis packaging

Feb 18, 2026 | New Mexico

As a lifelong cannabis user and family man, Pharmers Quality founder Don Romero says he always knew his kids might take an interest in the substance at the center of his business and off-duty downtime. The solution, he said, was to treat cannabis just like he did the...

Texas lawmakers: Cannabis is here to stay. And we will regulate the market in 2027.

Feb 2, 2026 | National

Cannabis is here to stay in Texas, lawmakers and industry leaders said this week, as efforts to ban consumable hemp are losing steam. However, figuring out how to regulate the market remains a glaring problem that lawmakers will likely address in 2027. State...

DOJ has no cannabis rescheduling update as rumors swirl (Newsletter: January 30, 2026)

Jan 30, 2026 | National

The Department of Justice has no “comment or updates” on the cannabis rescheduling process, a spokesperson told Marijuana Moment—more than a month after President Donald Trump signed an executive order directing Attorney General Pam Bondi to complete the process “in...