Download NCIA’s new white paper and join the movement to protect the future of the cannabis industry.

For decades, cannabis operators have shouldered an impossible burden: paying taxes on terms no other industry faces. Section 280E strips away the ability to deduct ordinary business expenses, forcing compliant operators to pay effective tax rates that can exceed 70%. This inequity doesn’t just stifle growth—it threatens the very survival of the businesses that built the legal market.

NCIA’s latest white paper breaks down the urgency of reform and the path forward. Inside, you’ll find:

• The origins of §280E and why today’s licensed operators were never its intended target

• The economic impact of inflated tax burdens on growth, investment, and competition with the illicit market

• Why retroactive relief is essential to keep early operators, equity licensees, and small businesses alive

• NCIA’s solution: a straightforward fix that delivers fairness, stability, and opportunity to the industry

This is more than a policy paper—it’s a blueprint for survival and growth. By understanding the issue, you’re better positioned to protect your business and strengthen the regulated market.

Download your copy today and be part of the collective push to end 280E’s stranglehold on our industry.