Deductions

New Jersey Governor Signs Bill Extending Tax Deductions to Cannabis Companies

New Jersey Governor Phil Murphy signed into law this week giving licensed cannabis businesses a standard business tax credit, aimed at making the state’s regulated marijuana industry more viable. The…

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Connecticut Bill Would Allow State Tax Deductions for Cannabis Businesses

A bill pending in the Connecticut legislature would allow companies in the state’s nascent cannabis industry to receive tax credits commonly enjoyed by companies in other industries. If passed, the…

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