In the United States, tax revenue is the major source filing both federal and local budgets. It is a quite common thing for an entrepreneur to think they pay too much taxes. But when it comes to a marijuana-related business, it is more likely to be true. Not only did certain states impose excise taxes on cannabis businesses, but also federal marijuana tax laws are not exactly business-friendly. So the question is, what can you do to pay less taxes without breaking the law?
When it comes to improving the cannabis policy, Canada does not hesitate. Medical marijuana is already legal across the country, and it looks like the legalization of recreational weed is just around the corner.
Some British have no wish to wait any longer and are beginning to cultivate marijuana just next door to the Queen Mother herself. Is it a cry of despair that means cannabis should be finally legal in Great Britain? Maybe, the country is finally ready to reap all the benefits of marijuana, and there are five reasons why that might be true.
The Liberal government has set a preliminary timeline of Canada's legalization of recreational weed. The new law that is to be adopted next month will ensure marijuana legalization in the country by July 1, 2018, according to CBC News.
State authorities are taking a deeper look at the usage and etymology of the word “marijuana.” The word “cannabis” is now considered to be a more appropriate term for using in the industry than its synonym “marijuana.” That is the main reason why Hawaii Senator decided to remove the word “marijuana” from the state’s vocabulary.
New Mexico still has one of the nation's strictest policies concerning the use of cannabis for recreational purposes. However, the state’s authorities have been making steps forward in developing an extended New Mexico medical marijuana program.
The famous ISU lawsuit is finally over. The decision of the Iowa State University administrators to block the distribution of T-shirts with cannabis images on them turned out to be a failure. On Monday, Feb. 13, a federal appeals court supported the marijuana law reform advocacy group and claimed that Iowa State violated the First Amendment by banning the T-shirts.
On Thursday, four House members announced the formation of a new caucus—the Cannabis Caucus. One of the main goals of the newly created caucus is to defend states' rights to establish their local marijuana policies.
Last week, the Senate voted 52 to 47 to confirm Alabama Republican Senator Jeff Sessions as the new U.S. Attorney General. Since Jeff Sessions has always been vocal opponent of cannabis, it comes as no surprise that people in the cannabis industry feel threatened by his appointment. But is Jeff Sessions really that dangerous to the legal weed industry and thousands of medical marijuana patients?
Though marijuana use is legalized in 28 American states, legal pot users still face a lot of limitations of their human rights if they decide to openly consume weed. Unfortunately, even those states that try to develop a pot-friendly environment can do little with federal limitations.
In 2016, voters in four states supported the legalization of recreational marijuana. Following their example, more and more states across the U.S. are considering the possibility of changing their cannabis policies. Here is the list of four states that may make a decisive move towards fully legalizing weed in the next twelve months.
Virginia State Senate has recently received two bills that would significantly reduce penalties for those who commit the offense of cannabis possession. The new initiatives signal a positive shift in how marijuana is viewed by the state’s authorities.
After Donald Trump became the new President of the United States last week, the pot community started wondering what arguments against marijuana President Trump had and what they should expect from the new administration. Here are five possible scenarios of how Trump's presidency will affect the marijuana industry
The Indiana Senate has recently received Senate Bill No. 15 submitted by Republican Senators Blake Doriot and James Tomes. The initiative contains a request to create a hemp oil registry. This pilot registry will allow caregivers, physicians, and individuals to possess and use hemp oil for use in research and treatment of intractable epileptic seizures.
Puerto Rico has officially opened two medical cannabis dispensaries. Hundreds of patients suffering from a variety of conditions will now have access to new effective treatment options that include medical marijuana. Although the territory’s policy on cannabis still has much more restrictions than some American states, Puerto Rico is on the right way to creating a successful and versatile cannabis market.
The issue of cannabis use in the workplace has increased in importance after six more states legalized marijuana last November. Despite the obvious benefits of marijuana legally improving the health of a greater amount of people, employers are raising concerns over the possible negative impact of weed use on workplace safety and productivity. There is a list of the major issues employers have with marijuana use in the workplace.