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India: Hemp- A ‘Wonder Crop’: Development And Historical Analysis

Cannabis Law Report

Hemp , scientifically defined as Cannabis sativa , is a plant, each part of which can be put to use: the stalk, seeds, and flowers. It is also called industrial hemp , plant of the family Cannabaceae cultivated for its bast fibre or its edible seeds 1. As published via the Mondaq Platform. 20 December 2021. by Chitwandeep Kaur.

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Greenway – Article: Income Taxes and the Cannabis Business: The Impact of §280E

Cannabis Law Report

1981-623) that had allowed deductions incurred in carrying on the production, distribution, and sale of controlled substances. The production or sale of marijuana is still illegal under U.S. In 1982, Congress enacted Sec. 280E, which reversed a Tax Court decision ( Edmondson , T.C. 173 (2007)). 280E, still apply.

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Could Industrial Hemp Lessen the Burden of I.R.C. Section 280E for Colorado’s Cannabis Retailers?

Greenspoon Marder Cannabis Law Group Blog

Thus, for MMCs, sales of industrial hemp and hemp CBD products were not a significant portion of their overall sales. Having represented dozens of marijuana businesses throughout audits, I know that the IRS will still accept—within reason – CHAMP allocations based on non-marijuana sales vs. marijuana sales. 19, 42 (2012).

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Searching for the origin of Blue Dream marijuana strain

SpeedWeed

It was one of the first strains to be extracted by the major California brand AbsoluteXtracts, said James Rowan, director of major brands. Marine fog casts a gray haze and fills the air with palpable moisture on the coastal bluff overlooking the vast blue expanse of the Pacific Ocean. A stone-cold fan favorite. They’ll always sell it. “It

Strains 52
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Just desserts: The Cookies and Cakes family genealogy

SpeedWeed

Now for the headliner: Cookies and Cakes! Why do people wait two hours in line to spend $70 on an eighth-ounce of weed—in the middle of a pandemic? Easy: the Cookies strain of cannabis transcends mere genetics—it’s a lifestyle. In less than 90 minutes, guys in crisp, white sneakers and basketball shorts bought up all the pricey, designer weed.

Strains 52
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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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Judge Allows Out-of-State Businesses to Operate Medical Cannabis Dispensaries in Maine

SpeedWeed

On July 21, 2021, NFL superstar wide receiver Julio Jones was named as the lead defendant in a 12-count civil fraud, conversion of assets, breach of contract, and breach of fiduciary duty lawsuit filed in Los Angeles Superior Court relating to a cannabis cultivation operation he co-owns. The case is titled Genetixs, LLC v.