Timelines

18

At the time of this edition, 33 States and the District of Columbia have legalized medical marijuana. Please keep in mind though, that the possession of marijuana whether for medical or recreational use is still a crime under federal law.

1996

  • California (8 oz. usable; 6 mature or 12 immature plants)

1998

  • Alaska (1 oz. usable; 6 plants with 3 mature and 3 immature)
  • Oregon (24 oz. usable; 24 plants with 6 mature and 18 immature)
  • Washington (8 oz. usable; 6 plants)

1999

  • Maine (2.5 ounces usable; 6 plants)

2000

  • Colorado 2 oz. usable; 6 plants with 3 mature and 3 immature)
  • Hawaii (4 oz. usable; 10 plants)
  • Nevada (2.5 oz usable; 12 plants)

2004

  • Montana (1 oz. usable; 4 mature plants and 12 seedlings)
  • Vermont (2 oz. usable; 9 plants with 2 mature and 7 immature)

2006

  • Rhode Island (2.5 oz. usable; 12 plants)

2007

  • New Mexico (6 oz. usable; 16 plants with 4 mature and 12 immature)

2008

  • Michigan (2.5 usable; 12 plants)

2010

  • Arizona (2.5 oz usable per 14-day period; 12 plants)
  • New Jersey (2 oz. usable)
  • District of Columbia (2 oz. dried)

2011

  • Delaware (6 oz. usable)

2012

  • Connecticut (2.5 oz. usable)
  • Massachusetts (60-day supply for personal medical use)

2013

  • Illinois (2.5 oz. of usable cannabis during a period of 14 days)
  • New Hampshire (2 oz. of usable cannabis during a 10-day period)

2014

  • Maryland (30-day supply; determined by physician)
  • Minnesota (30-day supply of non-smokable marijuana)
  • New York (30-day supply of non-smokable marijuana)

2016

  • Arkansas (2.5 oz usable per 14-day period)
  • Florida (35-day supply)
  • Louisiana (One-month supply; amount to be determined)
  • North Dakota (3 oz. per 14-day period)
  • Ohio (Maximum of 90-day supply, amount to be determined)
  • Pennsylvania (30-day supply)

2017

  • West Virginia (30-day supply with amount to be determined)

2018

  • Missouri (60-day supply; 6 plants)
  • Oklahoma (3 oz. usable; 12 plants with 6 mature and 6 immature)
  • Utah (113 grams of unprocessed cannabis)

License

QuickStart Guide to Accounting for Cost of Goods Sold Copyright © 2019 by reecejr1 and Reece B. Morrel, Jr. JD MBA CPA CGMA AEP®. All Rights Reserved.

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