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This site is your go-to resource for the latest news about Arizona's medical marijuana laws, the laws of other states that have legalized marijuana and federal marijuana laws. Content is contained in our blog.
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Members Of Congress Seek To Help Cannabis Businesses With Tax Reforms

April 1st, 2017|0 Comments

Forbes.com:  "Members of Congress on Thursday tried to throw the cannabis industry a legislative lifeline on taxes. The Small Business Tax Equity Act of 2017, introduced in the House by Rep. Carlos Curbelo (R-FL) and [...]

Cannabis Taxes: Introduction to Marijuana Taxation

April 1st, 2017|0 Comments

Craig W. Smalley, who has a Masters in Taxation, wrote a three part article on how Internal Revenue Code Section 280E affects the federal income taxation of businesses that grow or sell marijuana.  The first [...]

SEC Says Medbox Made Up Bogus Revenue & Mehdizadeh to Pay SEC $12 Million

March 11th, 2017|0 Comments

On March 9, 2017, the U.S. Securities & Exchange Commission issued the following press release: Securities and Exchange Commission v. Notis Global, Inc. (f/k/a Medbox, Inc.), et al., Civil Action No. 2:17-cv-01905 (C.D. Cal. filed [...]

Republican Congressman Introduces Bill to Legalize Marijuana

March 11th, 2017|0 Comments

Republican Congressman Justin Amash, three other Republicans and three Democrats introduced House bill H.R.1227, Ending Federal Marijuana Prohibition Act of 2017.  The bill states: "Prohibition On Certain Shipping Or Transportation.—This Act shall not apply to [...]