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

Cannabis Law Report

Also during those years, California allowed the collective or cooperative cultivation of marijuana for medicinal purposes. These laws led to the formation of the first marijuana dispensaries – which brings us to our next contestant. Deductions. But what is the distinction between a business expense deduction and an adjustment for COGS?

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California: Which Set of Books?

Cannabis Law Report

of Tax and Fee Administration [“CDTFA”] is the administrative agency for business entities that are subject both to Sales Tax, and to Cannabis Cultivation TAX [“CCT”] and Cannabis Excise Tax [“CET”]. The predecessor to CDTFA, the Board of Equalization [“BOE”] was the agency that administered Sales Tax before CCT and CET.

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A Hidden Origin Story of the CBD Craze

SMPL

In addition to convincing marijuana dispensaries to widely carry CBD, they wanted to educate the public about its promising benefits. In addition to convincing marijuana dispensaries to widely carry CBD, they wanted to educate the public about its promising benefits. Ringo said he would sell his seeds for as little as $5.).

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