Limeaid Advisors

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Senate Majority Leader Provides Timeline for Introduction of Long-Awaited Ma*****na Descheduling Legislation - NORML 02/11/2022

Should this legislation pass once formally introduced, it would be a complete game changer for the cannabis industry. Overnight all cannabis businesses would be treated no differently from any other legally operating business in America and IRC 280E would no longer apply as it relates to federal business income tax.

Senate Majority Leader Provides Timeline for Introduction of Long-Awaited Ma*****na Descheduling Legislation - NORML "Our goal is to do it in April. Then we begin the nationwide push, spearheaded by New York, to get the federal law done,” Senator Schumer said.

01/05/2022

Be aware OMMA’s licensing platform is changing and new/renewal applications must be submitted by this Friday. Otherwise you’ll have to wait an additional 11 days before you can submit licensing applications, patient and commercial.

Quick update (5 p.m. Jan. 6): The current licensing system (Complia) will be in a maintenance mode and unavailable from Jan. 10-13th. A view-only function will be available beginning Jan. 14.

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Heads up! Our new licensing portal launches Jan. 18. We won’t be able to process applications during the transition period (Jan. 10-17).

THIS FRIDAY (Jan. 7) is the last business day to submit a patient or business license application until Jan. 18, when we will begin accepting applications in the new system. Details here: oklahoma.gov/omma/thentia

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