legal marijuana

Many Doctors Don’t Feel Comfortable Recommending Medical Marijuana

Many doctors are avoiding recommending medical marijuana to their patients, according to Boston.com. Some feel they don’t know enough about its effectiveness, or are worried about liability and lawsuits. In Massachusetts, most doctors are not approved to certify residents as medical marijuana patients, the article notes. Patients must be certified…

Tax Laws Prevent Legal Marijuana Businesses From Taking Deductions

Legal marijuana businesses face tremendous tax bills because they cannot take deductions on rent, employee salaries or utility bills, The New York Times reports. The ban on marijuana deductions comes from a federal law aimed at drug dealers. The law, passed in 1982, was designed to prevent drug dealers from…

Experts Suggest Strategies to Keep Legalized Marijuana Out of Kids’ Hands

Using lessons learned from alcohol and tobacco regulation can help keep legalized marijuana out of children’s hands, according to experts at the Bloomberg School of Public Health at Johns Hopkins University. Laws legalizing recreational marijuana have been passed in Colorado, Washington, Oregon, Alaska* and Washington, D.C. While all of the…

Banks Receive Federal Guidelines on Business Transactions from Legal Marijuana

The Obama administration has provided banks with federal guidelines for conducting banking transactions with legal marijuana sellers, enabling a legalized marijuana industry to operate in states that approve it. Guidance issued last Friday by the Justice and Treasury departments is the latest step by the federal government to make banks…