So my head is running with all of the potential complications here......
Assume that Medical MJ is tax deductible.
If I have a prescription and I am licensed to grow my own, can I write off the street value of said medication on my taxes? Ya know, like the cops do when they raid you and gather evidence. Weigh the pots, soil, vegetative plants, trim and shade leaves, etc.......Then write the whole lot off at say $15/ gram ??
(Just being facetious)
In my opinion, we just got permission (ha) to smoke pot in certain states.
Let's not start pushing the envelope just yet in trying to get The People to pay for our herbs. A tax deduction comes from somewhere - no government has any money to grant - it all comes ultimately from the pockets of The People (of which, you are one).
All other potential states are watching the current policies and adaptations. If Medical MJ turns into a quagmire, many states may choose to remain "dry".
Treat it like we always have. Don't ask. Don't tell. At least until we can get a majority of states to legalize.......then, by all means, have at it.
Edited by Myc, 23 February 2017 - 11:01 AM.