Cannabis Law Report

APRIL 24, 2019

[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 ]. What agencies will have oversight at the Federal level ?

Legalization 58

Legalization Collective DEA Banking 58

Connor & Connor PLLC

NOVEMBER 27, 2019

In Nevada, the Nevada Administrative Code (NAC) explicitly states that the Department of Taxation may not compel the “production of books or papers that contain individually identifiable health information.” [2] All in all, a lawyer will make sure that you are in full compliance with all city, county, state, and federal regulations.

Dispensary 69

Dispensary Retail Recreational Business 69

Connor & Connor PLLC

AUGUST 30, 2018

280E does not apply to costs of goods sold, a concession that is consistent with the caselaw on that subject and the legislative history underlying sec. Footnote 4 of the opinion provides as follows: “respondent [the IRS] concedes that the disallowance of sec.

Business 49

Business Marijuana Banking Collective 49

Greenspoon Marder Cannabis Law Group Blog

JUNE 25, 2021

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] Separate books and records should be maintained for each separate “trade or business.”. 2) Dividends paid by the U.S. 5% withholding tax. (3)

Business 72

Business Cannabis Seed-To-Sale Law 72

Cannabis Law Report

OCTOBER 17, 2019

States may have made it legal or decriminalized it, but federal law trumps state law, and for both medical and recreational use cannabis remains illegal.”. But lawyers should check their own state’s ethics opinions first. Medical Legalization Continues Around the World. With 600 million people, it is a big market.

Law 40

Law Seed-To-Sale Hemp Recreational 40