Marijuana growing indoors
Copyright: mrorange002 / 123RF Stock Photo

When the Regulation and Taxation of Marijuana Act (the “Act”) was passed last November, the Act gave priority to wholesale liquor distributors with respect to applications for marijuana distribution licenses. That is, the Act provides that for a period of eighteen months after applications

Last month, I posted about one Florida House proposal to implement Amendment 2 (which legalized medical marijuana).

Thereafter, several other bills have been put forward and one in the House, HB 1397, has now passed the House Health Quality Subcommittee.  HB 1397, written by House Majority Leader Ray Rodrigues, is quite restrictive.  Specifically it

In November 2016, Florida voters overwhelmingly approved, with more than 70% voting yes, expanded medical marijuana by passing Amendment 2.

Now comes the tough work of implementing Amendment 2.  One bill, Florida Senate Bill 614, proposes to throw out the current medical marijuana system (created in 2015 to grow, process and distribute low-THC

The beautiful casinos, lavish nightclubs, and lax alcohol laws provide the 40 million annual tourists with plenty of reasons to visit Las Vegas. In some polls conducted of both tourists and locals who were asked to describe Las Vegas in one word, the words “paradise” and “sin” came up frequently.  The introduction of Senate Bill

On our Physician Law blog, Fox associate Ed Cyran discussed physician investment in medical marijuana businesses in Pennsylvania, in light of the January announcement that the PA Department of Health would accept permit applications for growers/processors and dispensers of medical marijuana in the commonwealth. The applications, which are being accepted until March 20, require

The Maryland House of Delegates this past week censured one of its members for using his legislative position to influence the medical cannabis regulators in favor of his client for who he was a paid consultant. The 138-0 resolution was the result of Joint Committee on Legislative Ethics finding that the actions violated the spirit

Tax and accounting issues you should not ignore when setting up your marijuana business:

  • The Trouble with Cash Based Businesses
    • Internal Controls – any cash based business is closely scrutinized by the IRS and other taxing authorities; having strict internal control procedures, in writing, which are strictly enforced, will go a long way in establishing