The Colorado Department of Revenue, tasked with providing the guidelines of how legal marijuana would be distributed, issued its “Emergency Rules Related to the Marijuana Code,” which outlines the rules for the distribution and retail of Marijuana. This is huge, and is the equivalent of an amoeba crawling out of the water. When referring to how his Administration would treat states such as Colorado, which passed legislation legalizing marijuana for recreational use, President Obama said, “We have bigger fish to fry.” It will be interesting to see if that statement still stands. To view what the Department of Revenue came up with, click the PDF below.
Colorado Retail Marijuana Code (effective July 1, 2013)
Biden DOJ takes IRS side in marijuana 280E tax argument
The Biden DOJ took the side of the IRS in the marijuana 280E tax arguement that state-legal cannabis businesses CAN be investigated by the IRS for probable violations of...