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International Cannabis Brand Cookies Opens Its First U.S.-Based Consumption Lounge on West Coast

Cannabis Law Report

Consumers can expect a curated, seed-to-table-like experience. City ordinance allows any products sold in the Cookies Coalinga dispensary, including flower, concentrates and edibles, to be consumed in the lounge. Customers can also purchase cannabis-infused beverages and have them poured over ice. Durian Ave. with Berner in attendance.

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

Cannabis Law Report

Under Federal law, cannabis is a “Schedule I” controlled substance; thus, the manufacture, distribution, dispensation, or possession of marijuana – even medical marijuana recommended by a physician – is prohibited as a matter of Federal law. [ix]. Deductions. COGS is the costs of acquiring inventory, through either purchase or production.