Remove cannabis-business-blog 11
article thumbnail

Steve DeAngelo Writes Op-Ed For LA Times “How the U.S. tax code keeps the illegal market for marijuana alive and well”

Cannabis Law Report

Commissioner: Implications for the Cannabis Industry and Their Tax Advisors. Greenspoon Marder Publish Blog Post On Harborside 280E Ruling. UNITED STATES TAX COURT PATIENTS MUTUAL ASSISTANCE COLLECTIVE CORPORATION d.b.a. Background and Further Thoughts on the Tax Court Decision in Harborside 151 TC 11.

article thumbnail

CBD Oracle Lab Study Shows Some Delta-8 Products Are 7700% Over the Legal Delta-9 THC Limit

Cannabis Law Report

Delta-8 THC is making big waves in the cannabis industry at the minute, but with warnings from the FDA and CDC , not to mention harrowing accounts from users , it’s clear there’s more going on with the novel cannabinoid than meets the eye. limit set by the 2018 Farm Bill, making them indisputably federally illegal.

THC 96
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Are Sky-High Cannabis Valuations Reined in by Federal Tax Law?

Cannabis Law Report

Players in the cannabis space already understand that federal tax law as currently structured extracts a far greater tax bite from marijuana businesses than corresponding companies, as cannabis companies are prohibited from deducting their business expenses from gross income. Of course, with U.S.

Law 52
article thumbnail

Everything You Need to Know About Running a Cannabis Dispensary in Nevada

Connor & Connor PLLC

The cannabis industry is growing rapidly – literally! However, despite the federal prohibition roadblock, 33 states have legalized medical marijuana and 11 have voted to legalize marijuana for recreational use as well. Eleven states, as well as the District of Columbia, now allow for recreational or adult-use possession as well.

article thumbnail

Forget About the Courts, What About My Personal Cannabis Rights?

Cannabis Law Report

PUBLISHER: CANNABIS LAW REPORT. Although cannabis remains federally illegal, as a medical or recreational user of cannabis, you still have rights when it comes to your personal healthcare, law enforcement encounters, your employment, your housing, transportation, and your individual privacy. PERSONAL RIGHTS.