A federal law that prohibits tax deductions or credits on a trade or business relating to the trafficking of substances on Schedule I or Schedule II of the Controlled Substances Act. Judicial decisions have allowed deductions only for the cost of goods sold, or deductions tied to a “separate trade or business.”

A process for extracting or distilling a single, pure cannabinoid from cannabis plants. 

Material extracted from cannabis plants in its in-process or intermediate form.

Jurisdiction a court has over property as opposed to a person or entity. Civil forfeiture actions are brought in rem against seized property. 

A new law or constitutional amendment proposed and voted by the people. States may have “direct initiatives”, which qualify for ballot placement upon attainment of a certain number of signatures, or “indirect initiatives” which undergo legislative review after attainment of a certain number of signatures, but prior to ballot placement. Some states allow for both

Products containing cannabis concentrates, such as edible cannabis products or infused pre-rolls.

Type of hemp grown for the purpose of harvesting stalks and seeds, not for harvesting flowering buds commonly used as source material for cannabinoid derivative products.

Federal law that governs immigration and citizenship in the United States.

(Female) cannabis plant that has not flowered.