Tag Archives: Medical Marijuana

Federal Income Tax Rate for Marijuana Entrepreneurs Can Go as High as 75%

Entrepreneurs in the medical marijuana industry can be hit with a federal income tax rate as high as 75 percent, CNN reports. The high tax rate is due to a 1982 tax code provision aimed at drug runners. …

Massachusetts Weighs State and Federal Marijuana Laws for Health Professionals

Massachusetts officials are struggling to figure out how the state’s new medical marijuana law will impact health care professionals. Because marijuana is still illegal under federal law, health workers who use medical marijuana may endanger their licenses, according to WBUR. …

Bond Grows Between Medical Marijuana Industry and Labor Unions

A bond is growing between the fledging medical marijuana industry and labor unions, Reuters reports. …

Expert Marijuana Growers in Demand in States With Dispensaries

Expert marijuana growers are in demand in states that have legalized the drug for medical use, The Arizona Republic reports. These consultants work for dispensaries or “grow centers,” giving tips on how to manipulate the plants with lights, nutrients and air to grow high-grade marijuana. …

California Court to Decide if Local Governments Can Ban Marijuana Dispensaries

The California Supreme Court will soon decide whether local governments can ban marijuana dispensaries, according to the Los Angeles Times. The court will hear arguments on February 5, following years of contradictory decisions by lower courts. …

U.S. Appeals Court Refuses to Overrule DEA on Marijuana

A U.S. Appeals Court this week refused to overrule the Drug Enforcement Administration’s classification of marijuana as a dangerous drug with no accepted medical uses, the Los Angeles Times reports. …

Federal Judge Rules California Medical Marijuana Dispensary Can Remain Open

A federal judge has ruled that a medical marijuana dispensary in northern California can remain open, despite efforts by federal prosecutors to close it. …

Los Angeles Voters to Decide on Two Competing Medical Marijuana Initiatives

Advocates for two competing medical marijuana measures in Los Angeles have gathered enough signatures to have the initiatives appear on the May ballot. Both measures aim to manage growth of medical marijuana shops, according to NBC News. …

Insurers Not Likely to Change Policies on Medical Marijuana

Health insurers are unlikely to start covering the cost of medical marijuana, even as more states approve its use, The Washington Post reports. Earlier this month, Massachusetts joined 17 other states and the District of Columbia in allowing the use of marijuana for medical purposes. …

Supporters of Arkansas Medical Marijuana Law Say They Will Try Again

Although Arkansas voters rejected a medical marijuana initiative on Tuesday, supporters of the measure say they will modify it and try again. If the measure had passed, it would have been the first medical marijuana law to be approved in a southern state, according to the Associated Press. …