Still, all is not well in the state’s legal cannabis industry. Despite the recent high, both adult use and medical cannabis dispensaries will feel the pinch of federal regulations on April 18, the deadline for filing income tax returns.
territories and Washington, D.C., have legalized the sale of medical cannabis, according to the National Conference on State Legislators.
Besides cannabis, Schedule 1 drugs also include heroin, LSD, ecstasy, quaaludes and peyote.
She advises dispensaries to do everything they can to substantiate the cost of goods sold, which for dispensaries is basically what they pay for the cannabis they purchase from growers within their home states.