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Taxes and Cannabis Sales   Every tax season you should get down on your knees and thank the god of cannabis for making state coffers so needy for money. Don’t fool yourself, tax revenues are what cannabis legalization is all about. That is precisely why you should pay very close attention to all the many rules regarding taxation for pot growers, weed distributors, and cannabis dispensaries.   If you are in California you should keep 
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Tax attorney - Robert W. Woods, states: "Sales tax isn’t the only issue. As I noted here, the IRS also has issues with medical marijuana. Under federal tax law, Internal Revenue Code Section 280E precludes deductions for any business trafficking in controlled substances. For that reason, some dispensaries have been stuck paying tax on their gross income, not on their net after expenses!
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