IRS wants cannabis biz to access banks (Newsletter: February 26, 2021)

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KS gov medical marijuana bill filed; CT gov touts legalization plan before hearing; VA deadline; MO psychedelics bill; MT weighs cannabis restrictions Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. (function() { window.mc4wp = window.mc4wp || { listeners: [], forms: { on: function(evt, cb) { window.mc4wp.listeners.push( { event : evt, callback: cb } ); } } } })(); Email address: Leave this field empty if you’re human: Your support makes Marijuana Moment possible… BREAKING: Journalism is often consumed for free, but costs money to produce! While this newsletter is proudly sent without cost to you, our ability to send it each day depends on the financial support of readers who can afford to give it. So if you’ve got a few dollars to spare each month and believe in the work we do, please consider joining us on Patreon today. Lara L. DeCaro of Leland, Parachini, Steinberg, Matzger & Melnick LLP: “I was excited to see the opportunity to support Marijuana Moment in a meaningful way and look forward to using the legislative tracking tool you created. I have personally known Tom’s work to be an honest, fair analysis of important industry developments for many years, and I feel it is vital that we support those journalists who continue to provide such reporting in our current environment.” / TOP THINGS TO KNOW Internal Revenue Service Commissioner Charles Rettig said he’d “prefer” if marijuana businesses were able to pay their taxes in direct deposits instead of having to use cash because they can’t get bank accounts. “It’s a security issue for our employees in our taxpayer assistance centers.” Kansas Gov. Laura Kelly’s (D) bill to legalize medical marijuana and use revenue…

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Source : IRS wants cannabis biz to access banks (Newsletter: February 26, 2021)

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