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New York Medical Marijuana Guide

Cannabis Law Report

Even though 47 states have legalized cannabis for some forms of medical use , New York significantly falls behind its neighbors in terms of marijuana legislation. This guide will uncover key facts about recreational and medical marijuana use and the history of its laws in the state of New York. . for decades.

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Section 280E and The Taxation of Cannabis Businesses

Cannabis Law Report

The marijuana industry has grown substantially in recent years and is projected to take in more than $25 billion annually by 2025. This revenue growth has been driven by an increasing number of states opting to legalize marijuana. 801–971 (1970), (“Controlled Substances Act” or “CSA”), raising the specter of section 280E.

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Village Farms International Acquires 70% of Québec-Based ROSE LifeScience, a Leading Vertically Integrated Branded and Third-Party Supplier to the Québec Cannabis Market

Cannabis Law Report

In conjunction with the acquisition, Village Farms and the Management Shareholders have entered into an agreement providing Village Farms with a pathway to acquire the Retained Interest upon the occurrence of certain triggering events prior to March 31, 2025. Based on data as at August 31, 2021. About Rose LifeScience. 16 ( Canada )?for

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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] United States , 313 F.2d For years that begin after 2025, the deduction will be reduced to 37.5% 1971-83; Peterson Produce Co. 2d 609 (8th Cir.

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Meritas Law Firms Worldwide Article: Global Cannabis Industry: The Essential Primer

Cannabis Law Report

As more countries legalize or decriminalize the cultivation, manufacture, sale, and use of cannabis, companies across a variety of industries are looking for opportunities to capitalize on this emerging market. Colorado has legalized both recreational and medical use of cannabis.

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