BILLS & BALLOTS

Vermont May Become Next State to Legalize Recreational Marijuana

Should Vermont establish a regulated retail market for recreational marijuana? Hearings were held in November and the Legislature will discuss the issue when it reconvenes…

. . . read more

BILLS & BALLOTS

2015 Could Be the Year for Medical Marijuana in Pennsylvania

After coming oh so close last year, lawmakers may actually pass a medical marijuana bill in 2015. The new bill is expected to be patterned after Senate Bill 1182, the one that narrowly failed…

. . . read more

TAXES

Cities Seek Power to Impose Local Taxes on Recreational Marijuana

Less than 2 weeks after Measure 91 passed, The League of Oregon Cities said it will ask state lawmakers to revise the measure to expressly allow municipalities to impose local…

. . . read more

LAWSCAPE
 

How Much Money Could Your State Make by Legalizing Cannabis?

How does $3,098,866,907 sound? That’s how much tax revenue could be collected if all 50 states legalized and imposed their normal state sales tax plus a modest…

 

 

 

. . . read more

MEDICAL MARIJUANA PROGRAM

Medical Marijuana Advocates Ask for Changes to Program Rules

The Coalition for Medical Marijuana for New Jersey submitted a formal petition asking the Department of Health to make the following changes to medical marijuana program rules…

. . . read more

BUSINESS OPERATION

7 Protections to Include in Your Marijuana Dispensary Lease

Finding a landlord willing to lease property for your dispensary, growing or other legal marijuana business is a big accomplishment. Just be careful about the lease. Your landlord will probably offer to you the same lease form it gives to…

 
 
 

. . . read more

WASHINGTON
 

Plan to Create Single Regulatory System for Recreational and Medical Marijuana

After Washington legalized recreational marijuana in 2012, lawmakers had a choice to make about how to regulate it: build on the current medical marijuana scheme or start a new system from scratch. They chose…

 
 
 

. . . read more

BUSINESS STRATEGIES

Using the “2 business strategy” to get around 280E bar on tax deductions

If you operate a medical marijuana dispensary, you can’t deduct ordinary and necessary business expenses from taxable revenues the way any other business can—even if your business is 100% legitimate under your state’s laws. We all know it’s unfair. But there are ways around the problem. One possibility: Allocate your costs between medical marijuana dispensing activities, which aren’t deductible, and unrelated caregiving activities, which are. This “2-business” strategy isn’t a new invention; but it’s tricky. Here’s what dispensaries need to know to use…

. . . read more

BILLS & BALLOTS

Washington Votes against Cannabis Tax Breaks

A measure to ensure equal tax treatment of cannabis businesses lost. The controversy began earlier this year when the Washington state Legislature voted not to let…

. . . read more

BILLS & BALLOTS

Vermont Considers Legalizing Recreational Cannabis

In November, the state was to hold televised public hearings. The issue: Should Vermont adopt a Colorado-style system to regulate and tax recreational cannabis? The state has also hired…

. . . read more


()