Posts Tagged ‘Marijuana Law’
2018 Farm Bill Passes – Now What?
A hot topic of discussion this year has been the 2018 Farm Bill, more formally, the Agricultural Improvement Act of 2018, and what it means for the burgeoning hemp industry. Attorneys in the space get calls regularly on the issue, with clients asking some form of the question: “Is hemp now fully legal?” If you…
Read MoreCannabis Industry – Understanding and Planning for Tax Consequences on the Federal Level
The cannabis industry laws are extremely volatile, which is mainly a result of it being a new industry, creating a trial and error type of lawmaking process. However, the ever-changing laws of the industry are also driven by the many competing interests on the legality of cannabis both at the federal and state level. As…
Read MoreJudge Instructs Department of Health to Begin Accepting MMTC Registrations Per Constitutional Amendment
On Wednesday, October 3, 2018, from the bench during a status conference Judge Dodson stated: “Another two months has passed, and I do believe now we’re at the point where Florigrown will suffer irreparable harm absent the entry of a temporary injunction and that, given the public interest that can’t be more clearly stated than…
Read MoreLosing Applicants from 2015 Still Going After MMTC Licenses
In 2014, the Compassionate Medical Cannabis Act passed, creating section 381.986, F.S. Under this law the Department of Health (“DOH”) was required to grant 5 nurseries licenses to dispense medical marijuana, 1 for each region in the state.1 The Department then promulgated rules under which a nursery could apply for a DO license, now referred…
Read MoreThe Current Status of Marijuana on the Federal Side
Although more than 50% of states have legalized marijuana either on the medical or recreational level, on the federal side marijuana still remains illegal. Additionally, marijuana is still a Schedule I drug, which means it is considered to be highly addictive, have no recognized benefits, and remains illegal. On June 27, 2018, Senator Chuck Schumer,…
Read MoreARE MARIJUNA TAXES GOING UP IN SMOKE?
Over the past few years, several states have begun legalizing marijuana. Normally, the citizens of these states vote on a ballot measure, notably to add the legalization of marijuana as a state constitutional amendment. For instance, Colorado has legalized recreational and medical marijuana. Based on this legalization, Colorado has various sales taxes and excise taxes…
Read MoreALASKA REJECTS PROPOSED INCREASE ON ALCOHOL, TOBACCO, AND MARIJUANA SALES TAX
Proposition 1 was turned down on the October ballot for the city of Unalaska, Alaska. Voter’s had to decide whether to increase the sales tax on marijuana, alcohol, and tobacco by three percent, effectively doubling the tax. There are several other cities in Alaska that had a sales tax increase on alcohol, tobacco, and marijuana…
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