2015 Collective Dispensary State Laws 
Cannabis Law Report
NOVEMBER 4, 2019
280E to cannabis dispensaries. The Court stated: “Our precedent is unambiguous. We are constrained by the law, and Congress has not carved out an exception in IRC Sec.280E 280E for businesses that operate lawfully under State law. 471 should be used by a cannabis dispensary to determine COGS.
The Blunt Truth
JULY 25, 2023
STATE OF PLAY The United States Trustee Program (“USTP”), as the bankruptcy system watchdog, has long taken the position that the system may not be used as in instrument in committing a crime, and that trustees and estate fiduciaries may not administer assets in violation of federal criminal law. [1] 3] In re Arenas , 535 B.R.
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Cannabis Law Report
MAY 26, 2022
The perpetual myth that dispensaries are selling weed to minors refuses to die, but evidence shows this isn’t the case in California. Instead, adult-use dispensaries in the state are proving the system works by checking IDs as required by state law. MRR writes. Introduction. 2012, Calabria et al., 2001, Voas et al.,
Cannabis Law Report
OCTOBER 24, 2019
Tax Court has issued a final decision under Tax Court Rule 155 on the income tax deficiency for Patients Mutual Assistance Collective Corporation (“PMACC”), the Company’s 100% owned subsidiary and owner of the iconic Harborside Oakland cannabis dispensary. million for the fiscal years 2007 through 2012. .
Cannabis Law Report
FEBRUARY 19, 2022
The law created the Alabama Medical Cannabis Commission (AMCC) , which is generally responsible for regulating the medical cannabis program, including licensing facilities that process, transport, test, or dispense medical cannabis. The state has close to 400 dispensaries total. There is no excise tax on medical cannabis.
Canna Law Blog
NOVEMBER 13, 2021
215 opened the door for a collective model (i.e., a “closed loop system”) for enterprising patients and caregivers to essentially commercialize medical cannabis through large scale grows and dispensaries (with no government oversight or regulation). At the same time, Prop. 64 and MAUCRSA. Then in November 2016, Prop.
Cannabis Law Report
DECEMBER 1, 2019
This conflict between federal and state law has raised concerns among CPAs providing services to the marijuana industry. States Legalizing Marijuana. Barr also noted that Congress needs to make a decision as to whether federal law should be changed or followed. 15, 2019, [link] ).
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