Tax Problems Remain Hazy for Marijuana Businesses—Are Weed Shops the Next Casinos?

By | Biz Law Today | March 24, 2015
Tax Problems Remain Hazy for Marijuana Businesses—Are Weed Shops the Next Casinos?

Marijuana businesses are in for quite a trip this tax season. Even though marijuana has been legalized in some form in many states—17 states and Washington, D.C. have decriminalized marijuana (including New York); 23 states and Washington, D.C. have legalized it for medical use (including New York and New Jersey); 4 states and Washington, D.C. have legalized it for personal recreational use—it is still illegal under federal law.