Remove Collective Remove Compliance Remove Legalization Remove Marijuana
article thumbnail

Oregon Marijuana: OLCC Announces Changes to Certificate of Tax Compliance Rule

Canna Law Blog

The OLCC announced several changes to the tax compliance rule this weekend at the Cannabis & Psychedelic Section of the Oregon Bar Association’s annual conference (where I was pleased to moderate a panel on the failures of legalization). We’ve written about the tax compliance rule on several occasions: e.g. here , here and here.

article thumbnail

Oregon Marijuana: OLCC Announces Changes to Certificate of Tax Compliance Rule

Canna Law Blog

The OLCC announced several changes to the tax compliance rule this weekend at the Cannabis & Psychedelic Section of the Oregon Bar Association’s annual conference (where I was pleased to moderate a panel on the failures of legalization). We’ve written about the tax compliance rule on several occasions: e.g. here , here and here.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

MJ Biz : Oakland sends social equity marijuana licensees to collections over unpaid loans

Cannabis Law Report

Marijuana regulators in Oakland, California, have begun referring a handful of social equity licensees to the city’s collections department after they defaulted on loans intended to help get their companies started. About 60% are “in compliance” with the terms of the loan, according to the report. MJ Biz report.

article thumbnail

IRS Launches Cannabis Industry-Focused Compliance Initiative

Cannabis Law Report

And, if you have employees helping you produce and sell federal Schedule I or II controlled substances (as many state-legal cannabis businesses do), you owe federal employment taxes as well. Ensuring a coordinated and consistent approach by the IRS to the cannabis/marijuana industry. Finding ways to identify noncompliant taxpayers.

article thumbnail

It is Time to Acknowledge Reality and End Federal Marijuana Prohibition

NORML

Today, we stood with Representatives Tulsi Gabbard and Don Young as they introduced the Ending Federal Prohibition Act and Marijuana Data Collection Act. While these two bills are overtly about addressing the failures of marijuana prohibition, what they are truly about is accepting reality.

Marijuana 203
article thumbnail

Connecticut Legalizes Recreational Marijuana

Cannabis Law Report

Connecticut has become the 19 th state to legalize recreational marijuana use by adults. Employers also should review existing policies to ensure compliance and to maximize flexibility afforded to employers. Connecticut will permit individuals 21 years of age and older to possess and use recreational cannabis.

article thumbnail

Marijuana Legalization Rundown: New Legislation Across Several States

Cannabis Law Report

There has been a recent flurry of movement – both in the courts and in state legislatures – on the marijuana law front across several states. As we have also reported , on March 31, 2021, New York Governor Andrew Cuomo signed a bill legalizing recreational cannabis in the state of New York, effective immediately.