Overview: This article examines how IRS 280E and the cannabis industry became deeply intertwined following legalization, shaping who could survive and who could not in the regulated marketplace. While state-level legalization brought legitimacy and opportunity, federal tax enforcement, banking exclusion, and compliance burdens created an uneven playing field that favored well-capitalized operators. The piece traces … Continue reading The Hidden Cost of Cannabis Legalization: How 280E Shaped an Uneven Industry