The presence of legalized medical marijuana has not only been increasing throughout New Jersey, but nationwide, and it appears this trend will continue. Currently, medical marijuana is not covered under health insurance plans in the U.S. and it is likely to remain that way if it remains a Schedule I drug.» Read More

Many states have passed laws legalizing medical and/or recreational marijuana use. As a result, manufacturers of marijuana will need a place to conduct their business, and commercial landlords, many of whom were suffering with high vacancy rates, are more than eager to fill the need.» Read More

A “Farm to Flame” cannabis operation in Colorado has asked a U.S. Court of Appeals to preclude the Internal Revenue Service (IRS) from disallowing income tax deductions for certain business expenses incurred by marijuana companies. The IRS had previously concluded that these business expenses were not deductible as they were incurred in business operations that violate federal law.» Read More

As New Jersey’s medicinal marijuana industry expands, and the recreational use legislation continues to be fine-tuned by the state legislators, requirements for the disposal of waste from marijuana operations will play an important part in the regulation of the industry. New Jersey’s proposed recreational use legislation does not require that any specific waste practices be implemented; rather it merely requires cultivation and dispensary applicants to provide a waste disposal plan with the application.» Read More