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Section 280E and The Taxation of Cannabis Businesses

Cannabis Law Report

6] Deductions under Section 162, however, are, as the adage goes, “matters of legislative grace” and “Congress [may generally] condition, limit, or deny deductions from gross income in arriving at the net which is to be taxed.” [7] 15] Thus, the purchase and sale of cannabis constitutes trafficking even when permitted by state law. [16]

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Pot in the can: Why can’t inmates get medical marijuana?

The Cannigma

At the state level the problems are more generally bureaucratic inertia,” Eric E. Executive Director of the Criminal Justice Policy Foundation told The Cannigma during a Zoom call this week. “A Sterling, of the Criminal Justice Policy Foundation, said. (Rebekah Zemansky/Shutterstock). “At Sterling, J.D.,

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

Cannabis Law Report

Instead, adult-use dispensaries in the state are proving the system works by checking IDs as required by state law. One of the most successful alcohol control policies in the United States was the establishment of the minimum legal drinking age of 21 (MLDA-21). 2007, Shults et al., 1988, Jones et al.,

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International and Cross-Border Tax Issues in the Cannabis Industry

Greenspoon Marder Cannabis Law Group Blog

The courts have consistently held that marijuana dispensaries operating in compliance with state law are trafficking in controlled substances and are subject to Section 280E.[11] 173,178 (2007) (government concession that section 280Edoes not prohibit a taxpayer from claiming COGS). [8] 173, 182 (2007). [11] 97-494 (Vol.

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Further Consideration of the STATES Act

Cannabis Law Report

Both paths are complex processes in which scientific, medical, policy and political forces have influence. There are other avenues Congress can take besides rescheduling marijuana to ameliorate the seeming breakdown in federalism brought about by federal marijuana policy. It was not a policy priority of the Obama administration.

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