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Industrial Hemp Comes to the Hudson Valley Last week, Jacobowitz and Gubits, LLP assisted the parties to a contract for the growing, cultivation, and harvesting of industrial hemp here in Orange County. One of the parties has an Industrial Hemp Research Partner Authorization issued by the New York State Department of Agriculture and Markets, authorizing…

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Delving into the Weeds:  Industrial Hemp Licenses – Grain and Fiber In, CBD on Hold If you’re looking to obtain a license to grow industrial hemp, your budding plans may get put on hold. As of December 2018, New York State Department of Agriculture and Market’s Division of Plant Industry has temporarily paused acceptance of…

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Taxes, Pot and Your Business Taxes, Pot and Your Business. If you run a legal business selling medical marijuana, can you take federal tax deductions for business expenses allowed for any business? Out west, the answer is no and here is the explanation. Let’s start with an important caveat: Selling marijuana for recreational use in…

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Cannabis For Veterans With Chronic Pain or Post Traumatic Stress Disorder H.R. 5520 -The VA Medicinal Cannabis Research Act of 2018 was introduced by Congressional representative Timothy J. Walz on April 16, 2018. The bipartisan bill authorizes the Department of Veterans Affairs (VA) to conduct and support research on the efficacy and safety of certain…

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