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IRS looks to destroy the entire medical marijuana industry, Calif. seller warns

Tax lawsuit could force reclassification of cannabis to Schedule III The founder of one marijuana dispensary in California is taking action to prevent the IRS from destroying the entire medical marijuana industry. Lynette Shaw, the owner and founder of Marin Alliance for Medical Marijuana (MAMM) in Fairfax, California, was stunned…

CA/Fed clash over medical marijuana clubs

It may be the IRS and not the DEA that puts the Marin Alliance for Medical Marijuana out of business. Alliance founder Lynette Shaw was stunned when the IRS audited her 2008 and 2009 tax returns and disallowed the foundation’s business deductions, then demanded millions of dollars in back taxes.…