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Greenway – Article: Income Taxes and the Cannabis Business: The Impact of §280E

Cannabis Law Report

173 (2007)). There will be different rules for different types of companies: Dispensaries: Dispensaries can deduct the net expense of the cannabis products they buy for resale, plus the cost of transportation, repackaging (labeling or making pre-rolled joints, etc.) The production or sale of marijuana is still illegal under U.S.

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CDC study finds teen pot treatment admissions plummeted

SpeedWeed

The CDC report found “a precipitous national decline in adolescent treatment admissions, particularly in states legalizing recreational marijuana use,” states study author Jeremy Mennis, Ph.D. “7 As legalization throttled up from 2008 to 2017, teens going to the hospital for pot treatment plummeted from about 60 cases per 100,000 to 31.

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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. The California treatment of pension income is generally the same as federal treatment. Taxable Year 2007 – California Conformity to Federal Law. See below for the Summary of Federal Income Tax Changes.