With a stroke of his pen on Wednesday, Governor McKee signed the bill that dramatically changes the landscape for marijuana cultivation, possession, sale and use in Rhode Island. Many of the changes are effective immediately....more
Two recent unanimous decisions from the Massachusetts Supreme Judicial Court confirm the supremacy of the state’s marijuana laws over local zoning restrictions. The decisions also indicate a tendency of the Supreme Judicial...more
Massachusetts consumers finally have a new way to obtain recreational marijuana. In recent weeks, marijuana delivery services have started to operate in the Bay State. But customers are quickly learning that the process is...more
A few weeks ago, we wrote that “political support for legalizing recreational cannabis in Rhode Island may finally be reaching a critical mass.” It seems our prediction was premature and it is becoming more likely that the...more
Should medical marijuana be given to animals? A bill is pending in the Rhode Island General Assembly that would make Rhode Island the first state in the country to permit veterinarians to prescribe medical marijuana to a...more
All signs look favorable for the legalization of adult-use marijuana in Rhode Island in 2021. For many years, the legislative session in January started out with the same optimism, but then hope would fade out as other...more
Last month, the Massachusetts Cannabis Control Commission (CCC) approved the creation of two types of delivery licenses for adult-use marijuana: delivery operator and courier. The licenses will initially be available only to...more
The Internal Revenue Service (IRS) issued guidance on Thursday, September 10, 2020, to marijuana businesses. The new guidance does not change existing IRS rules, but briefly explains the rules for reporting income, paying...more
10/15/2020
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Dispensaries ,
Financial Records ,
Income Taxes ,
Internal Revenue Code (IRC) ,
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Marijuana ,
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Tax Credits ,
Tax Deductions ,
Tax Liability ,
Tax Planning
BluHawaii. Purple Kush. Willie’s Reserve. Kiva. California Finest. Altai. Are these the names of new beverages? To the contrary, these are some brand names for competing strains of marijuana.
Legalized marijuana sales in...more