Marijuana Law

How Puerto Rico Became Legalized Marijuana's Boomtown

, The Legal Intelligencer

   | 1 Comments

Providing a dazzling array of federal and state tax exemptions and credits, a hugely untapped market serving all other states' card holders, and relief from profitability's greatest obstacle, IRC Section 280E, Puerto Rico is swiftly ­becoming the nation's most attractive ­jurisdiction to grow and dispense marijuana.

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What's being said

  • Miriam J. Ramirez MD

    I want to congratulate Steven M. Schain‘s for this article on Marijuana and Puerto Rico. It is incredible. It ties the marijuana business and Puerto Rico‘s IRS Tax evasion paradise. If you add Puerto Rico‘s dire economic condition and the almost inhuman conditions and salaries paid here, along with all the taxes poor puertoricans have to pay... Without realizing it, Shain has tied the drug industry (including CFC‘s Pharmaceuticals who do not pay taxes..) to the tax evasion industry that has destroyed Puerto Rico and and puertoricans. Thank you for describing it so well and all the data that is included.

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