IRS Slams 280E, Virginia Moves to Sell, and Texas Targets THCA

IRS Slams 280E, Virginia Moves to Sell, and Texas Targets THCA

March 15, 2026 · 45 min · Season 7 · Episode 684

About this episode

The hosts discuss cannabis legalization frustrations and preview stories related to tax court cases and state legislation.

Send us Fan Mail The hosts discuss cannabis legalization frustrations and preview stories for the week ending March 15, 2026, led by a tax court case tied to roughly $1.6B in MSO 280E-related liability, where the U.S. argues cannabis businesses fall “within the meaning” of Schedule I/II for 2016–2017 tax years, despite the ongoing rescheduling push. They note a Ninth Circuit decision that the dormant Commerce Clause does not apply to cannabis, contrasting with East Coast rulings and a continu...

Mentioned in this episode

Organizations: IRS, U.S., Ninth Circuit

Products: MSO 280E

Places: Virginia, Texas

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