Missouri marijuana companies can now deduct business expenses on state income taxes

Marijuana companies will be able to deduct business expenses on their state taxes for the first time this year, a Missouri Department of Revenue spokeswoman confirmed to The Independent.  Missourians voted to legalize medical marijuana in 2018. But under federal law, growing, transporting or selling marijuana remains a crime. Because of this dynamic, marijuana companies … Continue reading Missouri marijuana companies can now deduct business expenses on state income taxes