This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
A cannabis company has appealed its case against the IRS at the Ninth Circuit in an effort to soften the blow of a policy that can push state-legal marijuana businesses’ tax rates to upwards of 70%. Tax Court’s 2018 ruling in Patients Mutual Assistance Collective Corp. The case is Patients Mutual Assistance Collective Corp.
Some in the industry have estimated that the state has collected between $25 million and $30 million in gross receipts taxes from medical marijuana producers. New Mexico established its medical marijuana program in 2007 and growth in recent years has been significant, with more than 130,340 patients enrolled as of January.
One of the most successful alcohol control policies in the United States was the establishment of the minimum legal drinking age of 21 (MLDA-21). All states have a version of MLDA-21, with Congress passing legislation in 1984 pressuring all states to enact the policy if they had not already done so. 2007, Shults et al.,
Women-focused educational platforms like Chicks vs. Estigma and Mujer Cannábica are helping in this respect, as is Mexican television show Tiempo de Cannabis , hosted by intrepid drug policy expert Zara Snapp. In November 2007, Elsa Conde, the Chamber of Deputies legislator, introduced the first federal bill to regulate medicinal cannabis.
Tax Court has issued a final decision under Tax Court Rule 155 on the income tax deficiency for Patients Mutual Assistance Collective Corporation (“PMACC”), the Company’s 100% owned subsidiary and owner of the iconic Harborside Oakland cannabis dispensary. million for the fiscal years 2007 through 2012.
In March 2011, the IRS audited Sosa and Mid City for tax years 2007 to 2009. On January 27, 2012, the IRS issued an Income Tax Discrepancy Adjustment to Sosa, stating that he owed approximately $35,000 for tax years 2007 to 2009 (January 2012 Demand Letter). Chimienti was business counsel for Sosa and Mid City.
From 2007 to the present—and emanating out of the San Francisco Bay Area—Cookies’ hard-hitting, hybrid indica power, and its complex, sweet- scrumptious aroma has made fans of elite pot snobs, medical marijuana patients with PTSD, all-star rappers, and now almost everyone who partakes. You can unsubscribe from Leafly email messages anytime.
Isa Perez (Head of Business Development at Meadow) moderates the Update from Local Regulators Panel with Joe Devlin (Sacramento Cannabis Policy and Enforcement), Cat Packer (Los Angeles Department of Cannabis Regulation), and Nicole Elliot ( San Francisco Office of Cannabis). Photo Credit: Kandid Kush.
CP: These are collectives and grow operations that are growing — a pretty significant amount of cannabis for the community, right? So I did, I open up a dispensary in Eagle Rock in 2006 with a couple of partners called Cornerstone Research Collective. We started out trying to be more Evidence-Based. CP: What year is this? I love that.
A new commission for the United Kingdom (UK), the Hodges Review of UK Public Policy and Regulatory Stewardship of the Legal Cannabis Industry, will analyze its current legal cannabis industry and make recommendations on how to best maximize its growth, consumer satisfaction, and competitive potential on a global scale. All we’d say is.
These publications offer valuable indicators for current debates and disputes, political contestations, demands for reform or policy change, reactions to research activities and evidence, as well as attitudes from the medical profession towards new treatments and therapies like medicinal cannabis. Data collection.
During these travels, I was frequently meeting other young lawyers (although we also had many non-lawyers representing NORML around the country), many of whom were also active in the anti-Vietnam War efforts, who shared the NORML position regarding marijuana policy. I was never quite sure why Trudeau had made that statement.
The Super Silver Haze went for a three-peat at the High Times Cannabis Cup in 1997, 1998, and 1999, and the Super Lemon Haze took home the title in 2007 and 2008. 2007: Super Lemon Haze wins HT Cannabis Cup. A ’90s Cannabis Cup dynasty begins. What can I say? Haze crosses place in early High Times Cannabis Cups. Got a favorite Haze?
The Tax Court in Patients Mutual [15] Assistance Collective Coop. However, in light of the history of disallowances under section 280E, the assertion by the IRS of such a disallowance would likely be viewed by a court as an overreach given the policy behind section 280E. 173, 182 (2007). [11] 4] IRC § 280E (emphasis added). [5]
Both paths are complex processes in which scientific, medical, policy and political forces have influence. There are other avenues Congress can take besides rescheduling marijuana to ameliorate the seeming breakdown in federalism brought about by federal marijuana policy. It was not a policy priority of the Obama administration.
Carl Ruck, “Since the wine of Dionysus is a mediation between the god’s wild herbal ancestors and the civilized phenomenon of his cultivated and manufactured manifestation in the product fermented from the juice of the grape, it is most probable that this was the way in which the Greeks incorporated hemp into their pharmacopoeia” (Ruck, 2007).
We organize all of the trending information in your field so you don't have to. Join 14,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content