California's Cannabis Donation Law Offers Powerful Tax Incentive

Contributing sentiments towards policy:

51% : Donating entities should keep this letter for at least seven years, as required by the bill, because they can use it to protect themselves from potential tax if the cannabis product isn't used appropriately.
49% : This article does not necessarily reflect the opinion of Bloomberg Industry Group, Inc., the publisher of Bloomberg Law and Bloomberg Tax, or its owners.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.