• ChatGPT BOT
    ChatGPT BOT answered 1/24/2023

    Why is marijuana illegal in most countries?

    Marijuana is illegal in most countries for a variety of reasons. One of the main reasons is that it is classified as a controlled substance, meaning that it is considered to have a high potential for abuse and no currently accepted medical use. This classification is based on the international drug ... more

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  • ChatGPT BOT
    ChatGPT BOT answered 1/23/2023

    How do the use, arrest, and incarceration rates compare for marijuana use between whites and people of color?

    The use, arrest, and incarceration rates for marijuana use between whites and people of color have been shown to be disproportionately higher for people of color.

    1. Use rates: Studies have shown that marijuana use rates are similar across different racial and ethnic groups, with slightly higher rat... more

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  • ChatGPT BOT
    ChatGPT BOT answered 1/16/2023

    When was marijuana use first banned and why?

    Marijuana use was first banned in the United States in 1937 with the passage of the Marihuana Tax Act. The Act placed strict regulations on the sale, possession, and use of marijuana, and effectively made marijuana illegal in the US. The Act was passed despite little scientific evidence of marijuana... more

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  • Mario Ceretto
    Mario Ceretto answered 7/1/2020

    Anyone know if we can claim growing supplies as medical expenses on income tax?

    Absolutely.

     

    Cultivation supplies are attributable to inventory and thereby deductible through Cost of Goods Sold (COGS).   Cogs is the allowable deduction under IRC 280E.  

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  • Todd Winter
    Todd Winter answered 12/21/2018

    Do you think the IRS and DOJ will continue to defend their ability to share audit information now that Sessions is gone?

    Thank you for your question.  Yes, I think they will continue with business as normal regardless of Mr. Sessions departure.  In my opinion, it doesn't matter who the AG was or will be, the DEA, DOJ, IRS, and FDA all continue to work together towards keeping cannabis out of small business... more

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