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NM judge rules patient cannabis purchase limits consistent with state law

Cannabis Law Report

The new law also limits personal possession to two ounces, but there is no limit on the amount of cannabis stored at a person’s home. In comparison, non-patients could hypothetically purchase that amount in less than eight trips to a dispensary once recreational-use sales begin.

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Institute for Justice – “Kansas and California Cops Used Civil Forfeiture to Stage Armored Car Heists, Stealing Money Earned by Licensed Marijuana Businesses”

Cannabis Law Report

The Institute for Justice argues that the seizures violated state law, federal law, and the U.S. It includes cops who use federal civil forfeiture laws to steal money earned by state-legal marijuana businesses. Constitution. Reports Reason. Here’s the introduction to the must-read Reason story.

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Rep. Tulsi Gabbard: I just introduced legislation to end the federal marijuana prohibition

NORML

Drug Enforcement Administration and Congress still erroneously classify marijuana as a Schedule 1 drug, ignoring the fact that 33 states, including my home state of Hawai‘i, have already accepted the medical use of marijuana under state law.

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Section 280E and The Taxation of Cannabis Businesses

Cannabis Law Report

Section 280E of the Internal Revenue Code prohibits taxpayers who are engaged in the business of trafficking certain controlled substances (including, most notably, marijuana) from deducting typical business expenses associated those activities. Controlled Substance.

Business 105
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Goodness Growth Holdings Signs Definitive Agreement to Acquire Charm City Medicus Dispensary in Baltimore, Maryland

Cannabis Law Report

“We are very pleased to be expanding our retail market share in Maryland’s medical cannabis market and look forward to introducing our Green Goods dispensary brand to the Baltimore area,” said Chairman and Chief Executive Officer, Kyle Kingsley , M.D. million , including $4.0 million in cash, $2.0

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Weekly Legislative Roundup 1/18/20

NORML

The bill would prohibit employers terminating an employee for the employee’s lawful off-duty activities that are lawful under state law even if those activities are not lawful under federal law, such as consuming cannabis. CO resident? FL resident? IN resident? NJ resident? New Mexico.

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Hypocritical U.S. Tax Law Stifling Legal Marijuana Businesses

WeedAdvisor

Owning a business is never easy. businesses enjoy is the ability to deduct certain expenses, providing a notable tax break once the IRS comes to collect its due. Thanks to an antiquated law that the IRS is all-too-happy to enforce, taxes on legal marijuana dispensaries are astronomical. But one thing U.S. Section 280E.