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Is Cannabis legal in Mexico? The short answer is that it depends on the use. Mexico is in the process of cannabis legalization. As of today, the harvesting, growing, transporting, and sale of adult use cannabis is expressly prohibited by law and sanctioned by the Federal Criminal Code. However, there are specific rules in place for medical use allowing such activities. Cannabis is expressly treated as a pharmacological product and excludes regulation of dietary or food supplements and herbal remedies (i.e. CBD oils and extracts). Also, adult use is allowed provided you have a judicial resolution known as an “amparo”, similar to an injunction in the U.S. ....
Cannabis M&A surges in hot Pennsylvania market with $400 million in deals mjbizdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mjbizdaily.com Daily Mail and Mail on Sunday newspapers.
Legal Cannabis Companies Pay Insane Tax Rates Thanks To A Minnesota Speed Dealer Share to Linkedin Tax Burden: state legal cannabis companies pay under a tax code created to discourage illegal drug trafficking. getty In 1975, Jeffrey Edmondson, a drug dealer based in Minneapolis, filed his taxes. As a self-employed man in the illicit drug trade, he had a good year he sold 1.1 million amphetamine pills, five ounces of cocaine, and 100 pounds of marijuana. And like any other God-fearing, tax-paying American business owner, he wanted to deduct standard business expenses. On his tax return, Edmondson recorded $105,300 in costs related to selling speed, weed, and coke during the taxable year of 1974. He also itemized two-thirds of the 29,000 miles he put on his car that year, $250 for a flight to San Diego, and $200 for food and entertainment expenses during a business trip. There was also $50 for a scale, $200 for packaging supplies, and $180 in long distance pho ....
Trulieve Cannabis buys Keystone Shops for $60 million, latest deal in Pa. land rush for weed retailers Updated 9:36 AM; By Erin Arvedlund, of The Philadelphia Inquirer Trulieve Cannabis Corp. became the latest out-of-state marijuana company to snap up weed retailers in Pennsylvania, with the $60 million purchase of Keystone Shops. The move signals a bet from an increasing number of companies in the marijuana sector that Pennsylvania will follow in the footsteps of neighboring New York and New Jersey and legalize recreational use. “Stand-alone dispensaries have become the belle of the ball,” said Steve Schain, senior counsel at cannabis law firm Hoban Law Group. Amid New Jersey and New York’s legalization of adult-use marijuana, “the writing is on the wall” in Pennsylvania, Schain said. “The land grab is underway.” ....