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State-by-State COVID-19 Tax Relief Available for Cannabis Companies

By Fox Rothschild LLP on April 13, 2020
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Cannabis companies have been locked out from most of the COVID-19 relief loan and grant programs due to their legal status at the federal level. Those companies, however, are not prohibited from some tax relief provided in the CARES Act and provided by most states. Here, we have compiled a list of the tax relief offered by each state with a legal cannabis program. The tax relief provided by the CARES Act and the states will most likely not help as much as it would having access to the other relief programs, but hopefully they can offer some breathing room while navigating this pandemic.

  • Posted in:
    Cannabis
  • Blog:
    In The Weeds
  • Organization:
    Fox Rothschild LLP
  • Article: View Original Source

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