Bullboard - Stock Discussion Forum Curaleaf Holdings Inc CURLF

Primary Symbol: T.CURA

Healthcare Cannabis

Curaleaf Holdings, Inc. is an international provider of consumer cannabis products. The Company and its brands, including Curaleaf, Select, Grassroots, JAMS, Find and Zero Proof provide selection and accessibility across the medical and adult use markets. It operates in approximately 17 states and owns and operates 147 dispensaries and 21 cultivation sites with a focus on states, including... see more

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Curaleaf Holdings Inc > HUGE NEWS Chevron’s End Can Help Cannabis Firms

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Post by blackspade799 on Aug 11, 2024 3:03pm

HUGE NEWS Chevron’s End Can Help Cannabis Firms

Chevron’s End Can Help Cannabis Firms Use Tax Code Favorably

The US Supreme Court’s June decision in Loper Bright Enterprises v. Raimondo offers immediate support for cannabis companies and their advisers to challenge IRS interpretations of Section 471(c) of the Internal Revenue Code. With the elimination of Chevron deference to agencies when laws are ambiguous, cannabis companies may be in a stronger position to use this tax code section to mitigate the onerous tax consequences of Section 280E.

https://news.bloombergtax.com/tax-insights-and-commentary/chevrons-end-can-help-cannabis-firms-use-tax-code-favorably

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