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Massachusetts: cannabis bill sails through committee

Cannabis Law Report

There’s universal agreement about the problems: high costs of entry and lack of access to capital create a near-impossible barrier for many talented entrepreneurs. And all 14 committee members who registered an opinion on a bill (S 73) relative to the expungement of convictions for marijuana possession voted to advance it favorably.

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Taxation Of A Medical Marijuana Business – How Will The Ninth Circuit Hold?

Cannabis Law Report

Under Federal law, cannabis is a “Schedule I” controlled substance; thus, the manufacture, distribution, dispensation, or possession of marijuana – even medical marijuana recommended by a physician – is prohibited as a matter of Federal law. [ix]. Deductions. COGS is the costs of acquiring inventory, through either purchase or production.

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Minorities in cannabis, with Steven Philpott Jr.

The Cannigma

Listen & Subscribe: In light of Black History Month, we feel it is important and relevant to talk about how minorities in the United States and around the world have been disproportionately affected by drug policy and the war on drugs. Tuning in, you’ll hear more about what these trichomes are and why they’re important. CP: It’s a celebration.

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Cannabis Group Weekly Alert – November 2019 #2

Cannabis Law Report

California’s Attorney General announced that the state’s Campaign Against Marijuana Planting program eradicated 953,459 cannabis plants from 345 raided grow sites across the state over the past year. In this week’s edition: Federal e-cigarette ban on flavored products may be in the offing.

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Psychedelic Invest’s 100 Most Influential People in Psychedelics List

Cannabis Law Report

They write… As the global COVID-19 pandemic drags on around the world, the damaging effects to mental health are becoming more and more apparent. With a 25% increase in suicide rates in young adults and over 50% of all adults reporting some type of mental health issue (depression, anxiety, stress, etc.), Source: [link].

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California: Which Set of Books?

Cannabis Law Report

of Tax and Fee Administration [“CDTFA”] is the administrative agency for business entities that are subject both to Sales Tax, and to Cannabis Cultivation TAX [“CCT”] and Cannabis Excise Tax [“CET”]. The predecessor to CDTFA, the Board of Equalization [“BOE”] was the agency that administered Sales Tax before CCT and CET.

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Marijuana regulation sparks debate

Cannabis Chronicles

When Washington voters passed a ballot initiative in 2012 legalizing recreational cannabis, they did so with the understanding it would be tightly regulated. But Ty Camp, who runs a Sifton-based cannabis farm, wonders if the scrutiny he’s facing from regulators is what the voters had in mind. There’s no due process here,” said Camp.

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