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ABA (American Bankers Assoc) & CUNA (Credit Union National Association) Team Up On Cannabis

Cannabis Law Report

In a joint op-ed in Fox Business today, American Bankers Association President and CEO Rob Nichols and Credit Union National Association President and CEO Jim Nussle called on lawmakers to resolve the existing conflict between federal and state law with respect to proceeds from cannabis-related businesses. Published July 18, 2019.

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Growing Pains with Medical Marijuana Taxation – Cannabis Industry News Alert

Cannabis Law Report

More and more states across the South are adopting medical marijuana regimes. One such pain for marijuana businesses is the tension between following state laws on a product that is still illegal at the federal level. Assistance Collective Corp. With this growth comes growing pains. Keep careful records. Patients Mut.

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Federal Legalization – Then What?

Cannabis Law Report

[Note: while we don’t believe that anyone in Congress has proposed it yet, the Federal government could legalize cannabis for medical use [and perhaps for recreational use] and preempt many of the state laws. See The Murky Part of the STATES Act: Tribal Rights ].

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CPA Journal Article: “Providing Services to the Marijuana Industry”

Cannabis Law Report

This conflict between federal and state law has raised concerns among CPAs providing services to the marijuana industry. States Legalizing Marijuana. Barr also noted that Congress needs to make a decision as to whether federal law should be changed or followed. 15, 2019, [link] ).

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Can medical cannabis survive adult-use legalization?

The Cannigma

MSO: You wrote a book called The Medical Cannabis Primer , which is aimed at sort of educating and giving the tools to people entering the medical cannabis world. So, he’s like, “We really got to put all this information together in a book and make it available to other people.” How did you get into this?

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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] The Tax Court in Patients Mutual [15] Assistance Collective Coop. shareholders who are not C corporations. 2) Dividends paid by the U.S.

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Lighting Up Florida Medical Marijuana People: Rear Battalion, Part 10

Cannabis Law Report

Social network’s internal policy team elects to keep global ban on promoting pot sales or selling marijuana outright, after months of debate ,” according to Max Cheney at MarketWatch. and state legislators and policymakers are mobilizing to make a sweeping shift in monetary transactions and our collective cannabis context.

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