The New Federalism Fund is a non-partisan 501(c)4. Its board members and contributors are those interested in state-first regulation of state-based commerce and creating a common sense regulatory system for those who are in or serve the state-based cannabis industry.
Fair and Equal Taxation
All legal businesses should be taxed fairly. Right now, legal cannabis businesses are not allowed to make standard business deductions from their federal tax returns. We are working to change federal tax law to create an equitable tax system for legal cannabis businesses.
A New Federalism
State economies are best regulated at the local level. The New Federalism Fund is dedicated to working with Congress and the administration to protect local regulatory systems for the legal cannabis industry. In the spirit of federalism, we must support a state-based regulatory framework for goods traded within state borders.