Pat Oglesby
@oglesby.bsky.social
Tax lawyer turned marijuana law reformer
Isn't this right?
If Congress “bans” intoxicating hemp by putting it back into schedule I, 280E will apply to hemp sellers. And with North Carolina’s automatic federal tax conformity, state returns will bear the burden, too.
If Congress “bans” intoxicating hemp by putting it back into schedule I, 280E will apply to hemp sellers. And with North Carolina’s automatic federal tax conformity, state returns will bear the burden, too.
November 8, 2025 at 12:37 PM
Isn't this right?
If Congress “bans” intoxicating hemp by putting it back into schedule I, 280E will apply to hemp sellers. And with North Carolina’s automatic federal tax conformity, state returns will bear the burden, too.
If Congress “bans” intoxicating hemp by putting it back into schedule I, 280E will apply to hemp sellers. And with North Carolina’s automatic federal tax conformity, state returns will bear the burden, too.
No new taxes?
Hemp THC drug "bans" put them schedule III of the CSA, treating them like marijuana, so the 280E selling expense tax will apply.
What about Grover Norquist’s "No Tax Pledge"?
How many billions in tax revenue will be raised?
Hemp THC drug "bans" put them schedule III of the CSA, treating them like marijuana, so the 280E selling expense tax will apply.
What about Grover Norquist’s "No Tax Pledge"?
How many billions in tax revenue will be raised?
November 5, 2025 at 3:56 PM
No new taxes?
Hemp THC drug "bans" put them schedule III of the CSA, treating them like marijuana, so the 280E selling expense tax will apply.
What about Grover Norquist’s "No Tax Pledge"?
How many billions in tax revenue will be raised?
Hemp THC drug "bans" put them schedule III of the CSA, treating them like marijuana, so the 280E selling expense tax will apply.
What about Grover Norquist’s "No Tax Pledge"?
How many billions in tax revenue will be raised?
The North Carolina Cannabis Advisory Council meets 2 to 5 p.m. EDT today. Live stream:
www.youtube.com/watch?v=fFuc...
www.youtube.com/watch?v=fFuc...
NC Advisory Council on Cannabis Meeting 9/30/2025
YouTube video by North Carolina Department of Health and Human Services
www.youtube.com
September 30, 2025 at 12:42 PM
The North Carolina Cannabis Advisory Council meets 2 to 5 p.m. EDT today. Live stream:
www.youtube.com/watch?v=fFuc...
www.youtube.com/watch?v=fFuc...
A Congressional bill on Farm Bill “Hemp” THC Drugs will:
- classify them as “marijuana,”
- put them into Schedule I of the CSA (for now), and
- subject them to the 280E selling expense tax.
newrevenue.org/2025/09/23/f...
- classify them as “marijuana,”
- put them into Schedule I of the CSA (for now), and
- subject them to the 280E selling expense tax.
newrevenue.org/2025/09/23/f...
Farm Bill THC Drugs and Taxes
Pending Congressional restriction of Farm Bill Hemp THC Drugs will tax them. Proposals before Congress would classify these drugs as “marijuana,” and put them into Schedule I of the Controlled Su…
newrevenue.org
September 24, 2025 at 3:33 PM
A Congressional bill on Farm Bill “Hemp” THC Drugs will:
- classify them as “marijuana,”
- put them into Schedule I of the CSA (for now), and
- subject them to the 280E selling expense tax.
newrevenue.org/2025/09/23/f...
- classify them as “marijuana,”
- put them into Schedule I of the CSA (for now), and
- subject them to the 280E selling expense tax.
newrevenue.org/2025/09/23/f...
Reposted by Pat Oglesby
How do venture capitalists respond to startups in the adult, alcohol, gambling, cannabis, weapons, and other sin industries?
My article "Vice Capital" (w/ @kimkrawiec.bsky.social) is now published in UC Irvine Law Review! scholarlycommons.law.emory.edu/faculty-arti... 1/2
My article "Vice Capital" (w/ @kimkrawiec.bsky.social) is now published in UC Irvine Law Review! scholarlycommons.law.emory.edu/faculty-arti... 1/2
September 15, 2025 at 2:27 PM
How do venture capitalists respond to startups in the adult, alcohol, gambling, cannabis, weapons, and other sin industries?
My article "Vice Capital" (w/ @kimkrawiec.bsky.social) is now published in UC Irvine Law Review! scholarlycommons.law.emory.edu/faculty-arti... 1/2
My article "Vice Capital" (w/ @kimkrawiec.bsky.social) is now published in UC Irvine Law Review! scholarlycommons.law.emory.edu/faculty-arti... 1/2
Schedule III for ONLY medical marijuana, in line with President Trump's hearing "great things" about medical, "bad things having to do with . . . everything else"?
Why that would be chaotic: newrevenue.org/2025/08/29/s...
Why that would be chaotic: newrevenue.org/2025/08/29/s...
Schedule III for only medical cannabis?
There’s speculation that the Trump Administration might reschedule cannabis into Schedule II rather than the predicted Schedule I. That sounds doubtful. To exhaust the possibi…
newrevenue.org
August 30, 2025 at 12:31 PM
Schedule III for ONLY medical marijuana, in line with President Trump's hearing "great things" about medical, "bad things having to do with . . . everything else"?
Why that would be chaotic: newrevenue.org/2025/08/29/s...
Why that would be chaotic: newrevenue.org/2025/08/29/s...
Reposted by Pat Oglesby
🇨🇦 In Canada, where marijuana is legal nationwide, nearly 8 in 10 consumers say they obtain cannabis products exclusively from the legal market. #NORML #cannabis #marijuana #Canada #legalization
Most Consumers Obtain Cannabis Exclusively From Legal Market
78% said "all their cannabis came from legal sources in the past year"
norml.org
August 19, 2025 at 5:31 PM
🇨🇦 In Canada, where marijuana is legal nationwide, nearly 8 in 10 consumers say they obtain cannabis products exclusively from the legal market. #NORML #cannabis #marijuana #Canada #legalization
For cannabis, "additional taxation without either the appetite or the funding for a crackdown on a freshly incentivized illicit market might backfire."
mjbizdaily.com/3-states-inc...
@_chrisroberts
@MJBizDaily
#marijuana
mjbizdaily.com/3-states-inc...
mjbizdaily.com/3-states-inc...
@_chrisroberts
@MJBizDaily
#marijuana
mjbizdaily.com/3-states-inc...
3 states increase cannabis levies as ideal tax rate remains elusive
Three states are raising cannabis taxes this year in response to budget deficits, with more predicted shortfalls looming in 2026.
mjbizdaily.com
July 9, 2025 at 1:19 PM
For cannabis, "additional taxation without either the appetite or the funding for a crackdown on a freshly incentivized illicit market might backfire."
mjbizdaily.com/3-states-inc...
@_chrisroberts
@MJBizDaily
#marijuana
mjbizdaily.com/3-states-inc...
mjbizdaily.com/3-states-inc...
@_chrisroberts
@MJBizDaily
#marijuana
mjbizdaily.com/3-states-inc...
No surprise: THC testing is more accurate for concentrates than for flower.
So Canada's bifurcated marijuana tax system, taxing raw plant material by weight and processed products by THC content, makes sense.
#marijuana #cannabis #hemp #tax
www.nature.com/articles/s41...
So Canada's bifurcated marijuana tax system, taxing raw plant material by weight and processed products by THC content, makes sense.
#marijuana #cannabis #hemp #tax
www.nature.com/articles/s41...
Accuracy of labeled THC potency across flower and concentrate cannabis products - Scientific Reports
Scientific Reports - Accuracy of labeled THC potency across flower and concentrate cannabis products
www.nature.com
July 9, 2025 at 1:14 PM
No surprise: THC testing is more accurate for concentrates than for flower.
So Canada's bifurcated marijuana tax system, taxing raw plant material by weight and processed products by THC content, makes sense.
#marijuana #cannabis #hemp #tax
www.nature.com/articles/s41...
So Canada's bifurcated marijuana tax system, taxing raw plant material by weight and processed products by THC content, makes sense.
#marijuana #cannabis #hemp #tax
www.nature.com/articles/s41...
Reasons for California’s marijuana woes: taxes, regulations, and lack of enforcement. #Cannabis
"Washington state, by contrast, maintained law enforcement pressure on illegal marijuana."
taxnotes.com/tax-notes-st...
@taxnotes.com
($paywall, free trial)
"Washington state, by contrast, maintained law enforcement pressure on illegal marijuana."
taxnotes.com/tax-notes-st...
@taxnotes.com
($paywall, free trial)
The Many Perils of California’s Legal Cannabis Market | Tax Notes
Tax Notes is the first source of essential daily news, analysis, and commentary for tax professionals whose success depends on being trusted for their expertise.
taxnotes.com
June 28, 2025 at 5:20 PM
Reasons for California’s marijuana woes: taxes, regulations, and lack of enforcement. #Cannabis
"Washington state, by contrast, maintained law enforcement pressure on illegal marijuana."
taxnotes.com/tax-notes-st...
@taxnotes.com
($paywall, free trial)
"Washington state, by contrast, maintained law enforcement pressure on illegal marijuana."
taxnotes.com/tax-notes-st...
@taxnotes.com
($paywall, free trial)
My conservative Christian friend Mark Creech writes that regulating hemp drugs "inadvertently legalizes . . . intoxicating substances for adults over 21 – substances still illegal under federal and state law.”
But hemp THC is legal and widespread in NC.
revmarkcreech.org/the-good-the...
But hemp THC is legal and widespread in NC.
revmarkcreech.org/the-good-the...
June 28, 2025 at 4:08 PM
My conservative Christian friend Mark Creech writes that regulating hemp drugs "inadvertently legalizes . . . intoxicating substances for adults over 21 – substances still illegal under federal and state law.”
But hemp THC is legal and widespread in NC.
revmarkcreech.org/the-good-the...
But hemp THC is legal and widespread in NC.
revmarkcreech.org/the-good-the...
Why I started studying marijuana taxation in 2009 -- before people called it cannabis.
newrevenue.org/2025/02/20/w...
newrevenue.org/2025/02/20/w...
June 27, 2025 at 12:18 PM
Why I started studying marijuana taxation in 2009 -- before people called it cannabis.
newrevenue.org/2025/02/20/w...
newrevenue.org/2025/02/20/w...
Congress won't deschedule THC in this decade.
Unintended consequences of the 2018 Farm Bill -- opening the door to Delta-8 , THCA, and more -- show even the dullest legislators that cannabis issues are a can of worms.
They can hardly pass banking. #marijuana
Unintended consequences of the 2018 Farm Bill -- opening the door to Delta-8 , THCA, and more -- show even the dullest legislators that cannabis issues are a can of worms.
They can hardly pass banking. #marijuana
November 21, 2023 at 3:07 PM
Congress won't deschedule THC in this decade.
Unintended consequences of the 2018 Farm Bill -- opening the door to Delta-8 , THCA, and more -- show even the dullest legislators that cannabis issues are a can of worms.
They can hardly pass banking. #marijuana
Unintended consequences of the 2018 Farm Bill -- opening the door to Delta-8 , THCA, and more -- show even the dullest legislators that cannabis issues are a can of worms.
They can hardly pass banking. #marijuana
Jon Caulkins on social equity in marijuana:
Although most discussion focuses on access to cannabis LICENSES, "that is a mistake." Here's his full presentation to the Pennsylvania Legislature:
wordpress.com/post/newreve...
Although most discussion focuses on access to cannabis LICENSES, "that is a mistake." Here's his full presentation to the Pennsylvania Legislature:
wordpress.com/post/newreve...
November 19, 2023 at 9:32 PM
Jon Caulkins on social equity in marijuana:
Although most discussion focuses on access to cannabis LICENSES, "that is a mistake." Here's his full presentation to the Pennsylvania Legislature:
wordpress.com/post/newreve...
Although most discussion focuses on access to cannabis LICENSES, "that is a mistake." Here's his full presentation to the Pennsylvania Legislature:
wordpress.com/post/newreve...