By Delia Ann Deschaine and Megan Robertson U.S. cannabis businesses operate in an increasingly complex legal and regulatory environment. Many, if not most, of those complexities stem from marijuana’s classification in Schedule I of the federal Controlled Substances Act. That classification hinges on the determination that marijuana lacks a currently accepted medical use in treatment […]
Controlled Substance Act's Schedule 1 substances
How Puerto Rico Became Legalized Marijuana’s Boomtown
By Steven Schain Providing a dazzling array of federal and state tax exemptions and credits, a hugely untapped market serving all other states’ card holders, and relief from profitability’s greatest obstacle, IRC Section 280E, Puerto Rico is swiftly becoming the nation’s most attractive jurisdiction to grow and dispense marijuana. Puerto Rico’s Medical Marijuana Industry To […]