On Tuesday, April 30, 2024, U.S. Congressmen Drew Ferguson (R-GA) and Wiley Nickel (D-NC) introduced a bill, the Providing Tax Clarity for Digital Assets Act, to codify the U.S. federal income tax treatment of the acquisition by a taxpayer of a reward of a digital asset pursuant to a consensus mechanism

The US Drug Enforcement Administration (DEA) will reschedule cannabis from Schedule I to Schedule III under the Controlled Substances Act, according to the Associated Press. The rescheduling would ease some federal restrictions on cannabis and herald significant changes in the legal, regulatory, and business landscapes…

The United States federal government, through two federal agencies, is officially recognizing that cannabis “has a currently accepted medical use in treatment” and has a “potential for abuse less than drugs or other substances in Schedules I and II.”

With 2024 well underway, this article highlights some of the pressing legal issues impacting the long term care and senior housing industry this year, including trends affecting the industry and emerging issues industry participants likely will face throughout the rest of 2024 and beyond.