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Can I take a profit/loss deduction?

Can I take a profit/loss deduction?

I started up a Medical marijuana farm and was busted. Besides the jail time and large fine, the gov. estimated value at 400K. Between grow equipment and crop loss I estimate the loss to be that amount also. While doing taxes I found the schedule f farm loss sheet and wondered if I am entitled to make a claim? I own a business and have a tax #. I tried to get tax stamps and permits before the grow but I needed to produce the product before I got the permit. I was also told I would be in violation if I produced the product prior to receiving the permit. So I would have to break the law to get the permit and stamp and that is where I was at when I was busted. Can I take the loss as a deduction?

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