The Associated Press is reporting that Harborside Health Center, which has been called California’s largest non-profit medical marijuana dispensary, is being targeted by federal prosecutors in California. According to Harborside spokesperson Gaynell Rogers, U.S. Attorney Melinda Haag’s office has threatened to seize the property on which Harborside’s two locations operate: one in Oakland and the other in San Jose.
Meanwhile, the ranking Democrat in the House of Representatives and congresswoman…
As part of the federal government’s escalating efforts to shut down the medical marijuana industry, the IRS is claiming that Harborside Health Center, an Oakland dispensary that is thought by many to represent the best practices in the industry, owes them roughly $2.5 million in back taxes. The reason for this is that during the audit, the IRS would not let Harborside deduct many of its business expenses.
Most of these expenses were for things that all other legitimate businesses are allowed to deduct,…
From today's press release:
The National Cannabis Industry Association, the first national organization dedicated to advancing the interests of cannabis-related businesses, today discussed the federal legislative needs of the industry at an event at National Press Club. Prominent leaders in the industry joined Congressman Jared Polis (D-CO), as well as the manager of See Change Strategy, an independent firm that, on March 23, released the first-ever financial analysis of the legal medical cannabis…