Browsing: Northern Lights

Medical
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Marijuana, even of the medical variety, remains illegal at the federal level -- meaning that dispensary owners can't take business deductions on tax returns they submit to the feds. But since MMJ is legal in Colorado, shouldn't they be able to deduct legitimate business expenses on state forms? Mitch Woolhiser, co-owner of Northern Lights Natural Rx, thought so. But he was wrong.