The Mudcat Café TM
Thread #140747   Message #3235692
Posted By: JohnInKansas
08-Oct-11 - 04:13 AM
Thread Name: BS: US Prosecutors Threaten Legal Marijuana
Subject: BS: US Prosecutors Threaten Legal Marijuana
Calif. pot dispensaries told by feds to shut down

"U.S. prosecutors send letters even though state law allows production and sales."

And a followup article:

US: California pot crackdown targets large dispensaries

"Those near children also targeted in state, which allows medical marijuana "

The real impact of the letters sent out by the US Prosecuters is unclear, but appears to be a "reversal of policies" previously announced.

References are made in the articles to:

1. In Colorado, which also allowed medical marijuana, the Treasury Department is requiring that banks close accounts of legal medical marijuana businesses.

2. The IRS says dispensaries may not deduct standard business expenses such as payroll, security or rent. "The result will be closure of the most well regulated dispensaries and loss of millions of dollars in tax revenue for local governments," the group stated.

3. The Bureau of Alcohol, Tobacco, Firearms and Explosives last month ruled that medical marijuana patients sanctioned by states cannot legally possess firearms. (or concealed carry licenses)

Too much to post the entire content of both articles, and too little real content to form much of an opinion. Read 'em for yourselves if concerned or curious.

John