REUTERS/Lucy Nicholson - A volunteer displays cannabis buds at the La Brea Collective medical marijuana dispensary in Los Angeles, California, March 18, 2014. The dispensary is on a list released by the city of over 100 stores that meet some of the requirements of a voter-approved measure. Picture taken March 18, 2014.
Another taxing problem for the marijuana industry
July 14, 2015,
In the recent case Olive v. Commissioner of Internal Revenue [CIR], the issue of tax deductions for marijuana enterprises had its day in court. In this post, John Hudak argues the opinion is a good one that puts a spotlight on the inconsistencies in federal law and the challenges that they present for marijuana users, enterprises, and even regulators.