Robinson, Rep. Jewell Jones (D-Inkster) and a former cocaine kingpin, “Freeway” Rick Ross, teamed up Monday to rally for inclusion and equality in the cannabis industry.
“When I found out that cocaine was destroying my community, I feel that I had made a mistake. But now here with marijuana it’s a totally different,” Ross said. “Not only do I want to make sure that I’m able to win but I want to make sure that other people who look like me, who think like me, that we’re allowed to keep up with this process."
“Our bill, House Bill 5120, will streamline the expungement process for over 235,000 marijuana convictions within 60 days of someone filling out an application,” Robinson said. “People who suffered from the war on drugs are going make millions, too. It’s all about everybody in and nobody out.”
The death toll from opioid overdoses over the past 10 years has triggered a national public health emergency and shocked addiction experts. The “war on drugs” rhetoric of the last 50 years finally ended amid all those deaths, which brought the realization that we can’t arrest away the disease of drug addiction.
We get this question a lot! Here is our firm's response:
🌿We do advise the need to file 1099s. This is the stance our firm has taken, for these reasons:
1) The payment is to an individual (assumingely greater than $600/year), not an entity.
2) By definition in the MMMA (law Caregivers are following), Caregivers are not "producing inventory"- they provide cultivation services on behalf of their patients. Overages are not "inventory" they are selling, in accordance with the MMMA.
3) MMFL facilities need adequate records of their COGS deductions. Would the IRS allow payments to individuals to be considered deductible COGS without 1099 reporting in place?
Typically we find that facilities who question needing to file 1099s do so because a Caregiver(s) does not want to be "on record" in that manner and have the income reported, not because the MMFL facility itself is against filing the 1099s. If the facility succumbs to not filing for this reason, is this aiding in tax evasion on behalf of the Caregiver?
Additionally, there is a need to keep in mind that any non taxable inventory product purchase relationships should have MI 3372 forms on file, essentially requiring the same information disclosures on a W9 form.
These are all points for consideration in determining what is the best decision for the MMFL facility. Our firm has chosen to take a conservative approach in all "gray" areas such as this. We believe it is better to err on the side of caution, as these businesses are already under a magnifying glass. 🔎
In a report released Friday, the U.S. Centers for Disease Control and Prevention listed the products most often cited by patients, noting that some of them said they vaped more than one.
Dank Vapes was the brand used by 56% of the hospitalized patients nationwide.
Dank is not a licensed product coming from one business, it is empty packaging that can be ordered from Chinese internet sites. Illicit vaping cartridge makers can buy the empty packages and then fill them with whatever they choose.