IRS: Oakland's Largest Pot Dispensary Owes Millions - The Bay Citizen: "Oakland’s Harborside Health Center — the largest medical marijuana dispensary on the West Coast — lost the first round in a high-stakes battle with the Internal Revenue Service that could spell trouble for the booming pot industry.
In a letter to Harborside late last week, the IRS ruled that the dispensary cannot deduct standard business expenses such as payroll and rent, because it is involved in what the agency terms "the trafficking of controlled substances," said Luigi Zamarra, Harborside’s chief financial officer. "
'via Blog this'
I am an activist for marijuana law reform. Some think automatically that this makes me a criminal by association. That is just one of many warped views out there today. My goal is to educate the public on a grass roots level and to hopefully get a conversation going in the right direction with South Carolina legislature about reforming the marijuana laws for SC. This is step one. Disclaimer: In no way does this blog or myself advocate breaking the law.
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