Continue Reading... City Council greenlights 24% reduction in Durango marijuana business licensing fees
Posted in Cannabis Buisness

City Council greenlights 24% reduction in Durango marijuana business licensing fees

Durango City Council approved reduced licensing fees for retail and medical marijuana businesses on Tuesday after members of the marijuana…

Continue Reading... New Jersey Cities Must Explain Marijuana Business Denials, Court Says
Posted in Cannabis Buisness

New Jersey Cities Must Explain Marijuana Business Denials, Court Says

While the City Council was permitted to consider all relevant evidence and has wide discretion…we hold that the City Council…

Continue Reading... Cannabis stock VRNO rises 40% in a year: Time to buy, sell or hold?
Posted in Cannabis Stocks

Cannabis stock VRNO rises 40% in a year: Time to buy, sell or hold?

Shares of Verano Holdings Corporation VRNO have staged a strong recovery over the past year. The U.S.-based cannabis operator’s stock…

Continue Reading... Are ASX Cannabis Stocks a Long-Term Investment or a Speculative Trade?
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Are ASX Cannabis Stocks a Long-Term Investment or a Speculative Trade?

The Australian cannabis industry has followed a turbulent trajectory over the past decade. Initially promoted as a breakthrough growth opportunity,…

Continue Reading... $2.5 Million Rift Pits Cannabis Pioneer Against Group That Backed Her
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$2.5 Million Rift Pits Cannabis Pioneer Against Group That Backed Her

A dispute between the nonprofit Housing Works and the owner of a cannabis dispensary shows the risks for businesses in…

Continue Reading... North Haven man accused of embezzling $1M through false cannabis business venture
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North Haven man accused of embezzling $1M through false cannabis business venture

A North Haven man has been arrested for his alleged involvement in the embezzlement of about $1.1 million. According to…

Continue Reading... Baker grain elevator cannabis plan rejected by Clay County Commission
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Baker grain elevator cannabis plan rejected by Clay County Commission

Board members said their decision was rooted in existing zoning rules and the feedback they received from neighbors, rather than…

Continue Reading... Michigan finalizing how to collect 24% marijuana tax as bipartisan senators seek repeal
Posted in Cannabis Buisness

Michigan finalizing how to collect 24% marijuana tax as bipartisan senators seek repeal

It’s been more than 60 days since a 24% wholesale tax on marijuana went into effect in Michigan, but state…

Continue Reading... L.A. cannabis businesses owe $400 million. The city may get only $30 million
Posted in Cannabis Buisness

L.A. cannabis businesses owe $400 million. The city may get only $30 million

Based on a projection that about half of eligible cannabis businesses would take part in the program, the city would…

Continue Reading... Michigan lawmakers seek to repeal 24% cannabis wholesale tax as sales slump, businesses close
Posted in Cannabis Buisness

Michigan lawmakers seek to repeal 24% cannabis wholesale tax as sales slump, businesses close

A bipartisan group of state senators is trying to repeal Michigan’s controversial 24% wholesale marijuana tax, arguing the new levy…