280E Litigation and What It Means for State-Licensed Psychedelic Businesses
A summary of 280E litigation and their relevance for psychedelics businesses. Why Cannabis Case Law Is the Starting Point for Psychedelics Any business owner should pay attention to their books and maintain financial hygiene. This not only helps you understand your own business, but also keeps you prepared for compliance work like taxes. However, people […]
What the CHAMP Case Means for 280E and State-Licensed Psychedelic Healing Centers
Californians Helping to Alleviate Medical Problems, Inc. v. Commissioner (CHAMP) is one of the most, if not the most important, precedent cases upon which 280E’s application turns. Thus it is important to the state-regulated psychedelics sector. For cannabis, CHAMP determined a number of industry standards for structuring one’s business to manage tax liability, and many […]