Resources

Resources

IRS Code and Regulation Links

  1. Code Section 280E – Disallowance of expenses for businesses trafficking Schedule 1 or Schedule 2 drugs
  2. Regulation 1.471 – Need for Inventories
  3. Code section 263A (Unicap rules) – Determining types and amounts of costs that must be capitalized as part of inventory

Other Federal-Related Documents

  1. Ogden Memo 10/19/2009
  2. Cole Memo 8/29/2013
  3. Office of Chief Counsel IRS Memo 201504011 12/10/14
  4. State of Michigan Links

    1. Michigan Department of Licensing and Regulatory Affairs (LARA)
    2. LARA Corporations, Securities, and Commercial Licensing Bureau (Links to forms to form an entity, license lookup, etc.)
    3. LARA Bureau of Medical Marihuana Regulation (Advisories, Bulletins, Laws, Rules, and Regulations)
    4. LARA Sign up for email updates
    5. METRC (Marijuana Enforcement Tracking Reporting and Compliance) – Michigan’s State-side monitoring system
    6. Other Useful Links

      1. Internal Revenue Service
      2. Michigan Department of Treasury
      3. Michigan Municipal League (NOT AFFILIATED with the State of Michigan) provides a link to various Michigan municipalities
      4. Marijuana Business Daily
      5. Marijuana Venture Magazine
      6. If you find a link that is particularly useful and feel that others would benefit, please email the URL to harley@etzchaim.biz.