A medical marijuana dispensary can’t deduct ordinary and necessary business expenses from its Michigan corporate income taxes as retail pot sellers are allowed to do, a state appeals court ruled in an opinion released Wednesday.
A medical marijuana dispensary can’t deduct ordinary and necessary business expenses from its Michigan corporate income taxes as retail pot sellers are allowed to do, a state appeals court ruled in an opinion released Wednesday.
Cannarbor Inc. challe… [423 chars]
Source: Bloomberg Tax News | Published: 2025-12-17T15:04:27Z
Credit: Bloomberg Tax News
