The voters clearly have spoken, and soon rec-reational marijuana will be widely sold here in Massachusetts, following a slow and on-going rollout of medicinal dispensaries. As it has in other states, the budding new industry will come with many regulatory complexities, and along with them, the lingering issue of the federal government standing at odds with state law. CPAs potentially engaging clients in the marijuana industry have more assurances that they are legally safe but should be aware that the ground could suddenly shift. Already the Massachusetts legislature has greeted the prospect of marijuana legaliza-tion with some caution, delaying the full im-plementation of the law while also consider-ing amending the voter referendum in other ways, including increasing the marijuana ex-cise tax. Thus the law itself remains a work in progress as a legislative committee convenes to propose amendments.
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