Heroin Dealers Can Deduct Samples On Their Taxes, But Medical Marijuana Dispensaries Can't Deduct Rent?

FRANCE:  A convicted heroin dealer has a tax problem. He’s still in prison, mind you, but he also owes taxes. In fact, he owes 80,000 euros, although the French authorities did ease up on how they computed the tax bill. After all, every business has expenses, including illegitimate ones.

Florida Economists Debate Potential Economic Impact of Medical Marijuana

FLORIDA: State economists are trying to determine the potential economic impact of medical marijuana in Florida. That’s because there’s currently a petition drive to put an amendment on the 2014 ballot that would allow for some forms of legalized weed.

Debate at the state capital Monday focused on how medical marijuana would be taxed, if at all. Currently prescription drugs aren’t taxed in Florida, but some over-the-counter treatments are. [Read more…]

Florida Economists Debate Potential Economic Impact of Medical Marijuana

FLORIDA: State economists are trying to determine the potential economic impact of medical marijuana in Florida. That’s because there’s currently a petition drive to put an amendment on the 2014 ballot that would allow for some forms of legalized weed.

Debate at the state capital Monday focused on how medical marijuana would be taxed, if at all. Currently prescription drugs aren’t taxed in Florida, but some over-the-counter treatments are. [Read more…]

Washington Proposes Medical Marijuana Registry, Tax Exemption

WASHINGTON: Medical marijuana patients in Washington would have to register with the state if they don’t want to pay pot taxes.

That’s just one recommendation issued Monday for sweeping changes to the state’s largely unregulated medical pot industry. [Read more…]

Regulate medical and recreational marjuana separately

By JAY BERNEBURG

Currently, access to medical marijuana in Washington is, for the most part, unregulated. If the recreational marijuana program in Washington is going to be successful, the Legislature must pass legislation regulating access to medical marijuana.

However, this legislation must regulate medical marijuana separately from recreational marijuana to protect patient access to medical marijuana.

As the Liquor Control Board moves forward in setting up a system to serve recreational marijuana users, it has become increasingly fearful that the state-licensed stores might not succeed because many of their customers are already being served by medical marijuana providers. If medical marijuana outcompetes recreational marijuana, the state-licensed stores will fail.

[Read more…]