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Taxation Of A Medical Marijuana Business – How Will The Ninth Circuit Hold?

Cannabis Law Report

These laws led to the formation of the first marijuana dispensaries – which brings us to our next contestant. Taxpayer hails from California, where they operate a medical marijuana dispensary out of a space that has a reception area, healing room, purchasing office, processing room, clone room, and multipurpose room.

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California: Which Set of Books?

Cannabis Law Report

5037 [10] , track-and-trace records [11] , and track-and-trace reporting requirements [12] for Retail Dispensaries. 5037 [10] , track-and-trace records [11] , and track-and-trace reporting requirements [12] for Retail Dispensaries. BCC has provided guidance with respect to the retention of required accounting records in Sec.