CBD as a tax aid?
Friday, July 09, 2021
It's been one of those weeks. That's why when I woke up late this morning – OK, early afternoon — I thought (was hoping) it was Saturday.
Once the caffeine kicked in, I discovered that maybe I should be using another energy booster. Cannabidiol, or CBD as it's commonly called.
CBD is the second most prevalent of the active ingredients in the Cannabis sativa plant, also known as marijuana or hemp. As recreational and/or medical marijuana use has expanded across the United States, so has the associated cannabidiol industry.
The many forms of CBD — oils, edibles, beverages, creams, vaping — are touted by its supporters and sellers as a remedy for a variety of ailments. And while many of us of a certain age are more familiar with the relaxing properties of tetrahydrocannabinol or THC, cannabis' main chemical, CBD fans say the secondary product can have the opposite effect.
Filing taxes with CBD help: I discovered CBD's purported energy potential today when I ran across a tax item suggesting that it could be a part of making tax filing a bit more enjoyable. Hmmm.
Admittedly, the tax prep piece that showed up in my inbox is more of an advertorial than a straight news article. But I was hooked. (CBD as a gateway to tax, perhaps?) It suggests, as the excerpt below shows, that the first tax preparation step is to "get yourself in the best mindset."
"Taxes are important, of course, so you must file them properly. To do so, you may need a bit of help, especially if you’re not particularly looking forward to tax day. Make sure your energy levels will keep you going through each form with an energy drink, cup of coffee, or CBD for energy.
For many, CBD might be a preferred option for staying alert throughout your tax return, as it offers mental clarity without the jitters all too often associated with caffeine—just be sure to talk to your doctor before adding a CBD product to your routine."
OK. Okay. Oh. Kay.
I'm generally for whatever legally gets you through the day (even why you don't know what day it is!) and your taxes. But …
Personally, I'm sticking with coffee. Regular. Hold the hemp.
You also might find these items of interest:
- Celebrating marijuana and its taxes on 420 Day
- NY legalizes marijuana use; taxes, regs in the works
- Sin taxes are lone revenue bright spot for many states
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