Treasury Department Says Tax Guidance Is Forthcoming for State-Licensed Medical Cannabis Businesses

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A cannabis leaf placed on top of a $100 bill, representing the financial aspects of marijuana policy and salesA cannabis leaf placed on top of a $100 bill, representing the financial aspects of marijuana policy and salesIn a joint press release, the Treasury Department and the IRS said that they "expect DOJ's action to have significant positive tax consequences for businesses in the medical marijuana industry."

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