You are here
Home 🌿 Marijuana Business News 🌿 Marijuana May Be Legal, but Good Luck Filing the Paperwork 🌿Marijuana May Be Legal, but Good Luck Filing the Paperwork
Marijuana is legal to buy in several states, but no law says that selling it will be free from cumbersome expense and paperwork, especially when it comes to taxation.
Sales of the drug are permitted for recreational use in just four states — Colorado, Oregon, Washington and Alaska — and the District of Columbia; 18 other states allow sales for medicinal use. But marijuana is still illegal under federal law, and that helps explain why production and sale are tightly controlled.
A record of each plant must be maintained, beginning before the seed even sprouts, and it must be updated with every significant movement or activity involving the plant, business owners and their advocates within the industry say. Once a plant is processed for consumption and reaches a store, the authorities want to get their cut.
City, county and state governments tax marijuana sales, often at rates that differ from...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
420 Intel is Your Source for Marijuana News
420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.
420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.
Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.
Follow us on Instagram
Connect with us on Linkedin