D.C. Cannabis Operators Say a New Tax Could Push a Fragile Market Over the Edge
Dispensary owners say razor-thin margins and an oversaturated market leave little room to absorb proposed 70 percent sales tax increase.
The feds have embraced medical marijuana. Now what?
The DOJ reclassified medical marijuana from Schedule I to Schedule III, opening tax and research benefits. But recreational cannabis remains Schedule I, leaving states awaiting DEA and IRS guidance.
Feds have embraced medical marijuana. Now what?
The federal government has effectively created different legal frameworks for the same substance, he added. Medical cannabis is now federally recognized, while recreational marijuana and its consumers …
Three States Seek To Reverse Trump Administration’s Medical Cannabis Rescheduling
Three Republican attorneys general are asking a federal appeals court to block the Trump administration’s push to reschedule certain medical cannabis products.
Five Broome County businesses sealed for alleged illicit cannabis sales
Since May 19, the New York State Office of Cannabis Management has closed five shops in Broome County, including four in Binghamton.
CBD Stocks Creating Opportunities – Established (BCCI), (STG), (WEED), (ACRGF), (RLTR), (CBMJ), and Newcomer (VAPR) Lead the Charge
You would have to be living in isolation to have not picked up on the hottest marijuana derivative consumable and therapeutic center isolate CBD. CBD “Cannabidiol” is the non-psychoactive full spectrum derivative of the hemp and marijuana plant largely credited for the majority of the medical beneficial attributes associated with marijuana.
Aurora Cannabis Sees 2027 Revenue Decline on Investment Shift to Europe — Update
Aurora Cannabis said it expects revenue to fall in fiscal 2027 as the company pivots away from low-margin Canadian consumer operations and doubles down on its global medical cannabis business. The …
Aurora Cannabis dips after projecting a revenue decline for FY27
Aurora Cannabis (ACB) stock slips after the company projected a revenue decline for fiscal 2027 with its Q4 FY26 results. Read more here.
Cannabis operator Cresco down 28.5% YTD: How to play the stock?
Cresco Labs CRLBF remains one of the leading vertically integrated multistate cannabis operators in the United States, though it continues to face a challenging operating environment. While the …
Hotel tax increase failing as city voters back cannabis and travel tax measures, latest counts show
ELECTIONS – Voters appeared to deliver City Hall a split decision on taxes – backing new collection rules for unlicensed cannabis businesses and online travel companies, but rejecting a broader hotel …
Lawmakers Push IRS To Issue ‘Prompt’ Tax Guidance For Marijuana Businesses Now That Rescheduling Is Happening
A group of congressional lawmakers are pressing federal officials to issue “prompt guidance” on tax issues for marijuana businesses in light of the Trump administration’s move to federally reschedule …
Cannabis MSO sells off Massachusetts retail permit ‘on the low side’ for $1 million
MSO Mint Cannabis’ sale of a Massachusetts cannabis retail permit gives a limited picture on valuations for marijuana stores.
Multimillion-dollar Queenbury cannabis project prepares to break ground
A multimillion-dollar indoor cannabis growing facility is getting ready to break ground in Queensbury after five years of development — a sign of both demand for the product and the sometimes long …
Mass. Cannabis Control Commission’s new leader wants to be ‘the most boring agency in state government’
A week and change after a new batch of commissioners were appointed to lead the Cannabis Control Commission in a sweeping legislative overhaul, new leadership see their onboarding as an opportunity to …
How small cannabis operators are preparing for interstate commerce
Operators in states that have both medical and adult-use would have to separate the licenses to register their companies with the DEA.
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