article thumbnail

NORML: New Mexico: Supreme Court Rules Against Imposition of Certain Excise Taxes on Medical Cannabis Products

Cannabis Law Report

Monica Zamora had stated in the opinion at the time that New Mexico’s Compassionate Use Act was intended to make medical marijuana accessible to those with debilitating conditions. “It Some in the industry have estimated that the state has collected between $25 million and $30 million in gross receipts taxes from medical marijuana producers.

Access 52
article thumbnail

New Mexico State Supreme Court Rules….”medical cannabis purchases in the state are not subject to the state’s gross receipts tax”

Cannabis Law Report

“It is reasonably self-evident that the deduction from gross receipts for prescription drugs was similarly intended to make medical treatment more accessible, by lessening the expense to those who require it. These statutes should be read harmoniously, to give effect to their commonality of purpose.” – Zamora, in her 2020 opinion, via the AP.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Press Release: “StateHouse Holdings Inc., Formerly Harborside Inc., Announces Agreement with IRS to Resolve and Reduce Legacy 280E Federal Tax Obligations Related to Harborside

Cannabis Law Report

We believe the case for this reform is very strong, as it would create tax fairness for legal cannabis businesses and significantly weaken the illicit market, which would result in stronger tax collections for the federal government over the long term.” million –. At issue were federal taxes owed of approximately $22.1

article thumbnail

Benefits Of Marijuana Vaporizers

Otherside Farms

Like pen vaporizers, you have advanced options to change your temperature settings for most devices, as well as possible access from your smartphone. A marijuana vaping enthusiasts will most likely have a collection of all the types of vaporizers mentioned. Some even feature dual use and their chambers can be used with concentrates.

Vaping 40
article thumbnail

Perfecting cannabis with Michael Backes

The Cannigma

We’ve got our regular segment with our Co-produces on this podcast with Americans for Safe Access. CP: These are collectives and grow operations that are growing — a pretty significant amount of cannabis for the community, right? They bought it from your dispensary in Eagle Rock in 2007, and it’s still in their nightstand.

article thumbnail

New Study Says. Not One California Dispensary Caught Selling to Minors

Cannabis Law Report

The objective of the current study was to assess the ease of access to marijuana by underage patrons at recreational marijuana outlets in California, where recreational marijuana was legalized in 2016. 2007, Shults et al., Marijuana use at any level can impair driving performance. 2012, Calabria et al., 2001, Voas et al.,

article thumbnail

Paper: The transition of cannabis into the mainstream of Australian healthcare: framings in professional medical publications

Cannabis Law Report

However, the nature of the government regulations and the subsequent complexity of prescribing, as well as doctors’ safety uncertainties and the stigma of the plant, remain contributing barriers to patient access. Patients can legally access medicinal cannabis through a doctor, via the TGA’s Authorised Prescribers and Special Access schemes.