Skip to content

Villa-Dalaji

Menu
  • Home
  • Fashion
  • Health
  • Lifestyle
  • Sports Sports
  • Technology
  • Travel
Menu

What Is The Medical Marijuana Industry Supposed To Do At Tax Time Since Their Crop Is Illegal?

Posted on October 14, 2022 by admin

Running a business is not easy, but men and women in the state-legal medical marijuana industry have it worse than everyone else because of outdated federal laws. The way current laws are written, even though these people run a state-legal business they are not allowed to deduct all of their expenses the way other business owners get to do at tax time. And for some, that means they could end up owing more taxes than the entire year’s profit.

This leaves dispensary owners, growers, medible makers and everyone else in the 23 states with a state-legal medical marijuana industry confused about exactly what they’re supposed to do at tax time. And, since the laws are the problem, even a good accountant can’t provide the answers they want to hear.

Most of these small business owners have never run a store or business before, and now they’re discovering that they can’t compete using the same rules as everyone else. These men and women are already paying state business fees and taxes that are horrendously bigger than those charged to every other business owner, including the cigarette, alcohol and adult industries.

And, to make matters worse, our Federal Tax Court has already denied deductions on everything from store rent to medical marijuana legally purchased for sale to patients in this state-sanctioned industry. The IRS does this by combining the Controlled Substances Act of 1970 classifying marijuana as a Schedule I drug together with IRS Code Section 280E disallowing the deduction of controlled substance expenses. This allows them to grab any profit made by these small business owners and drive them out of business. Because of this, everyone in the medical marijuana industry who turns in an honest tax return becomes a sitting duck for anti-marijuana auditors.

Before these legitimate businessmen and women can compete fairly both federal laws must be repealed. Until they are, the state-legal medical marijuana industry will be forced to compete in the current tax world, a place where the IRS can wipe out all of their profits at any time and the black market is actually safer.

Because the U.S. Department of Health & Human Services owns patent #6630507 for the anti-oxidant properties in marijuana, and the U.S. patent office has granted marijuana patents to big pharmaceutical companies, it’s obvious that marijuana has medicinal value. Combined with the documentation of successful medical use in Israel and other countries, it appears to be time for the 1970 Schedule I drug label’s repeal. But, that’s not going to happen any time soon unless the medical marijuana industry unites and demands that change.

If growers, dispensary owners, medible makers and patients don’t speak up for this industry today, they can expect continued problems for years to come. Medical marijuana patients and business owners only have two choices; they can continue to accept discrimination for their choice of a natural medicine or they can come together as a group and get those federal laws changed. If they choose the first option they might as well close their doors now because taxes are going to cannabis kaufen online drive them out of business pretty quick anyway; but if they push for the equal rights that they deserve as an industry it will open the door for legitimate business success and real profits.

Since every politician takes an oath to represent the voters in his or her state, and your state has repealed prohibition, it is the politician’s job to get those federal laws changed. Medical marijuana business owners need to schedule meetings with their state senators and representatives to discuss this problem today. And, they should expect results. It is every voter’s right to demand accountability, and state-authorized medical marijuana businessmen and women have the right to know what their elected officials have done to end this tax discrimination.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Gmail Accounts Seller

  • Buy Google Play Accounts

Facebook Marketing

  • Buy Facebook Female Custom Comments
สล็อตเว็บตรง
https://sdyresult.com/
Slot
건마 추천
tiger138
Slot
slot terbaru
close protection companies London
스포츠토토
togel online
akun demo slot
hk hari ini
data sdy
slot demo pragmatic
카지노 솔루션
bocoran sgp
Kudapoker
สล็อตเว็บใหญ่
akun demo slot
akun demo slot
live draw hk
rtp live hari ini
Result hk
Keluaran HK
Madhur Matka
alexistogel
live sgp
slot online

keluaran hk
Daftar Slot
demo slot pragmatic
สล็อต
สมัครบาคาร่า
slot demo
Matka 420
slot gacor
แทงบอล
Agentoto88
hotel cerca de mi
ssyoutube
Keluaran HK
slot demo
togel
situs slot
slot88
slot
slot88
togel
dewagg
dewapoker
akun demo slot
poker88
dewapoker
slot gacor
slot gacor hari ini
togel hari ini
dewapoker
poker88
dewabet
poker88
ambiancehomecomforts.com
danaqq
situs judi slot online
dewapoker
surgawin88
dewa poker
https://jagoan777.com/
poker88
juragan koin 99
slot gacor
Nexus Slot Engine
freebet
MoneyAmped
網上賭場
Teen Patti Master Apk
ankara escort
สล็อต
poker88
poker88
dewapoker
dewapoker
เว็บสล็อต
Sons of anarchy vest
Optical Transceiver
pg slot เว็บตรง
slot88
link slot gacor
Slot Online
slot online
rebahin
naijauncut
online casino philippines
สล็อตเว็บตรง
เว็บตรง
Joker Slot
เว็บสล็อต
pg slot
레플리카
Slot303
PGSLOT
slot
agen bola sbobet
พีจีสล็อต
deposit pulsa tanpa potongan
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022

Categories

  • Automobiles
  • business
  • CASINO
  • Fashion
  • Health
  • Sports Sports
  • Uncategorized

Leather Jackets
remote work burnout statistics
Sexy teens
pest control for food business
slot online terpercaya
home depot health check
qq

สล็อต
slot thailand
สล็อตเว็บตรง
สล็อตpg
สล็อต
สล็อต
สล็อตเว็บตรง100%
เว็บสล็อตเว็บตรง
สล็อต pg
體驗金娛樂城
pg slot
สล็อตเว็บตรง
娛樂城
สล็อต pg
เว็บตรง
สล็อต
สล็อตเว็บตรง
สล็อตเว็บตรง
สล็อตเว็บตรง
pg slot
สล็อตเว็บตรง
สมัครสล็อตเว็บตรง
สล็อต
เว็บตรง
pin up casino
https://www.myfence.com/
สล็อต
สล็อต
slot gacor
สล็อต
slot gacor
สล็อตเว็บตรง
방콕물집
สล็อต
slot online
JOKER123
togel online
jogos PG Soft
Infini88 Slot
togel sdy
kakek zeus
ufo777
slot garansi kekalahan
jogos de cassino
Situs Judi Slot Gacor
สล็อตโจ็กเกอร์
娛樂城推薦
Slot Gacor
slot server luar
Mobile App Development Houston
เว็บแทงบอล ufabet
สล็อตเว็บตรง ฝาก-ถอน true wallet ไม่มี ขั้น ต่ํา
situs bandar togel
สล็อตเว็บตรง
situs togel resmi
สมัครสมาชิก สล็อตเว็บตรง
slot deposit 5rb
สล็อตpgเว็บตรง
slot idn
สล็อต
สล็อตเว็บตรง
slot deposit 5rb
สล็อต
rtp live slot terlengkap
mataslot77
HGH LG 4IU - Growth Hormone Online Store
สล็อต เว็บตรง ไม่ผ่านเอเย่นต์
สล็อตทรูวอเลท
Purchase Dianabol - Alphabol AU
สล็อต
สล็อตเว็บตรง
สมัครซื้อหวยออนไลน์
แทงหวยออนไลน์
สมัครเว็บสล็อต
ufabet
slot
togel hari ini
melati188
Deposit Pulsa Tanpa Potongan
slot gacor
treasures of aztec
deluna4d
situs slot

Matka

slot Indonesia

สล็อตทรูวอเลท

Slot Rumah

Mawartoto

login togelup

sbobet ca

สล็อตเว็บตรง

บาคาร่าออนไลน์

สล็อตเว็บตรง

trusted online casino malaysia

Mahkotaslot

slot maxwin

เว็บสล็อต

Ktvslot

custom chocolate boxes packaging

api88 online

winbox apk

© 2023 Villa-Dalaji | Powered by Superbs Personal Blog theme