
R. Lance Boldrey
Member
Expertise
- Hospitality
- Gaming & Indian Law
- Government Policy & Practice
- Cannabis Law
Dykema
Michigan, U.S.A.
WSG Leadership
ABA GroupIRS Allows Reduction of Gross Receipts For State-Legal Cannabis Businesses
Dykema, September 2020
On Saturday, September 12, 2020, the Internal Revenue Service (“IRS”) updated a marijuana industry frequently asked questions (“FAQ”) page that provides relief to state-legal cannabis businesses. The FAQ announces that state-legal cannabis businesses can reduce their gross receipts by using an alternative accounting method under Section 471 of the Internal Revenue Code (the “Code”)...
Unlicensed Michigan Medical Marihuana Facilities Must Close December 31
Dykema, December 2018
CLOSE OR BE DENIED! In a major year-end development, the Michigan Court of Claims today dismissed the last of the cases that allowed unlicensed Michigan medical marihuana facilities to operate...
Michigan Gets Recommendations for Medical Marijuana Rules, New Advisory Panel Members
Dykema, October 2017
Earlier this year, Michigan’s Department of Licensing and Regulatory Affairs (LARA) announced the formation of “work groups” to provide input as LARA adopts emergency rules to govern activities under the State’s new Medical Marihuana Facilities Licensing Act (MMFLA). Organized around the MMFLA’s five license types, those work groups met last month...
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