The Corporate Transparency Act, aimed at imposing 'beneficial ownership information' reporting requirements on U.S. business owners, remains in effect despite a federal court ruling that Congress lacked the constitutional authority for such mandates. The deadline for compliance is set for next January 1. This legislation has sparked concerns across various sectors, including the cannabis industry, questioning its potential impact. Additionally, discussions around self-authentication of beneficial ownership information under this act have emerged, highlighting the complexities and challenges faced by corporations in states like Nevada and Delaware.