Cannabis Tag

In contrast to the federal perspective on marijuana businesses, popular vote has legalized recreational marijuana in four states and the District of Columbia. In addition, medical marijuana is legal in 25 states. States that legalize marijuana often levy heavy excise taxes on marijuana products. These...

California has turned a corner when it comes to marijuana. In 1996, California voters voted in favor of Proposition 215, the Medical Marijuana Initiative. The initiative became the Compassionate Use Act of 1996. Then, in October 2015, Governor Brown signed the Medical Marijuana Regulation and...

With the legal marijuana industry experiencing rapid growth (up roughly 26% from 2015), many companies engaged in marijuana related business ventures, of both the medicinal and recreational varieties, understand the importance of brand growth through trademark registration and protection. There are currently 25 U.S. states that...

Harborside Health Center, one of the nation’s biggest cannabis dispensaries located in Oakland, CA, is challenging the IRS's efforts to collect a $2.4 million tax bill resulting from an audit of its returns from 2008 and 2009. The IRS claims that Harborside was not allowed...

State-legal marijuana businesses operate in a twilight zone: Legal for state purposes, but illegal for federal. In this gray zone, many tax traps hide, waiting for the unwary. This article will help make you a little more wary. Let’s begin by looking at marijuana businesses from...

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