Bloomberg Law
July 21, 2021, 8:27 PM

Marijuana Dispensary Asks for High Court Review Again

Jeffery Leon
Jeffery Leon

A Colorado marijuana dispensary that was denied Supreme Court review in June has renewed its request for the court to review their tax dispute.

Denver-based Standing Akimbo, LLC filed a new petition to the high court Wednesday. The dispute stems from tax code Section 280E, which bars businesses trafficking Schedule I or II controlled substances from tax breaks. Standing Akimbo is fighting an IRS summons investigating whether the company took advantage of the tax breaks.

In its petition, the dispensary pointed to comments Justice Clarence Thomas made accompanying the court’s June cert denial. Thomas noted that ...