The Cannigma

MAY 3, 2022

You can also cultivate four plants per person and trade bud, plants, and seeds. A 2007 self-reported study 1 found that cannabis was the most commonly used illicit substance, and between 5 – 10% of adolescents and 2% of adults reported consuming. Penalties for cannabis in South Africa. But cannabis is still popular.

Legalization

Cannabis Law Report

MARCH 21, 2020

1981-623) that had allowed deductions incurred in carrying on the production, distribution, and sale of controlled substances. 173 (2007)). The production or sale of marijuana is still illegal under U.S. In 1982, Congress enacted Sec. 280E, which reversed a Tax Court decision ( Edmondson , T.C. 280E, still apply.

Business

Greenspoon Marder Cannabis Law Group Blog

JUNE 25, 2021

Because of the interest in the North American market, we can expect continued interest in the United States which should lead to further inbound investment. Additionally, the growing experience of U.S. cannabis entrepreneurs along with the desire for investment on the part of U.S. This article will discuss the U.S. Income” tax.[5]

Business

Cannabis Law Report

JANUARY 7, 2020

During the years at issue, California law provided an exemption from California laws penalizing the possession and cultivation of marijuana for patients and their primary caregivers when the possession or cultivation was for the patient’s personal medical purposes and was recommended or approved by a physician. Deductions. Deduction v.

Business

Cannabis Law Report

JANUARY 21, 2019

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.

Seed-To-Sale