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New Mexico: State Court of Appeals ruling that medical marijuana producers can claim a tax deduction for prescription medication

Cannabis Law Report

SANTA FE – A state Court of Appeals ruling that New Mexico medical marijuana producers can claim a tax deduction for prescription medication could affect prices for 80,000 or so enrolled patients statewide – and the state budget. I think it’s good news, because we should never tax food or medicine,” Rodriguez said in an interview.

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The IRS Offers Some Clarity on Tax Deductions in the Cannabis Industry

Veriheal

For many states, tax revenue is a motivating factor when it comes to legalizing cannabis. For example, Illinois created the R3 program that uses cannabis tax revenue to help communities impacted by the War on Drugs. . The New Plan For Cannabis Businesses . And it’s easy to understand the reason why.

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New York: Cuomo Appoints Cannabis Director

Cannabis Law Report

– In today’s Cannabis news out of the ever so crooked Rhode Island, we have what seems to be a rogue regulator running a very unchecked dictatorship over the medical cannabis program as well as the newly legal hemp production and distribution industry. Providence, R.I. Where is the testing for pesticides and mold?

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Proven Ways to Segment Your Email List and Boost Results

SpeedWeed

Be the first to know when new content like this is available! Subscribe to our newsletter to get alerts about new posts, local news, and industry insights. In fact, marketers have experienced an increase of 760% in email marketing revenue from the segmented campaigns they send to targeted audiences.

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Social Media Sales Tactics for B2B Audiences in the Cannabis Industry

SpeedWeed

Be the first to know when new content like this is available! Subscribe to our newsletter to get alerts about new posts, local news, and industry insights. You can also tag people in your posts in most social media platforms, so they’re notified when you mention them. Your submission has been received!

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Op-Ed: Gov. Kristi Noem: ‘Legalizing industrial hemp legalizes marijuana by default’

Cannabis Law Report

As a farmer and rancher, I would be thrilled to get a new crop into the hands of our producers, especially as our ag markets struggle. A new source of revenue for farmers would be great. In Ohio, a law enforcement official said this to WBNS, a local news station: “We have to be able to distinguish between hemp and marijuana.

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Article: At Least We Now Know Why Weedmaps Didn’t Want to Get Rid of the Illegal Listings on Their Website

Cannabis Law Report

Weedmaps, or now known as WM Technology on Wall Street, had a horrendous stretch of bad news and dismal financial reporting over the past few weeks. Arden Lee, CFO of WM Technology said: California, which is our largest market at just over 60% of revenue have lower end market retail sales in Q3 versus Q2 of this year.