Earl Blumenauer (D-OR) has introduced HR 1855
, a bill that would amend the Internal Revenue Code of 1986 to allow deductions and credits relating to expenditures in connection with marijuana sales conducted in compliance with State law. This would make it much easier for cannabis businesses to conduct their banking and prevent them from operating on a cash-only basis.
Help chalk up another victory for the legal cannabis industry by urging your representative to support this sensible legislation!
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