State shuts down New Scotland shop for illegal cannabis sales
selling cannabis products at low prices without the burden of taxes and drawing business away from the relatively few licensed retailers. Businesses that break the rules face fines of up to $20,000 …
IRS leaves no wiggle room on higher taxes for legal cannabis companies
”The law with respect to the schedule or classification of marijuana has not changed,” the IRS said in a news release on Friday. “Taxpayers seeking a refund of taxes paid related to Internal Revenue …
Judge dismisses lawsuit over federal law on marijuana
Powerhouse law firm Boies Schiller Flexner had argued that the landscape of marijuana regulations has changed so drastically in the past two decades that businesses in states that have legalized the …
Rescheduling and recreational marijuana: Possible step toward national legalization?
Gonnell and Michael Lafleur of Troutman Pepper discuss questions following the Notice of Proposed Rulemaking related to the transfer of marijuana from schedule I of the Controlled Substances Act to …
Black- and gay-owned cannabis businesses opening and expanding in Illinois
The new dispensary is a collaboration between cannabis equity advocate Edie Moore, center, and LGBTQ civil rights and local business leaders José “Pepe” Peña, left, and Art Johnston, as seen on April …
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.
No Banks? No Problem: How One Company Is Fixing The Cannabis Industry’s Capital Bottleneck
FundCanna is redefining cannabis financing with flexible loans, fueling 61% average growth for operators, and solving industry cash flow gaps.
Retired Lancaster city cop finds new career in medical marijuana field
In his early days with the Lancaster city police force, it wouldn’t have been unusual for Todd Umstead to bring confiscated marijuana into the old downtown police station.
Is This Company’s Monster 11% Dividend Yield Safe?
The company’s forward yield of about 11% looks attractive, but is it sustainable? Innovative Industrial Properties (IIP) buys properties from cannabis growers and leases them back to those same …
Ohio Republican Lawmakers Seek More Marijuana Taxes And Home Grow Limits
Ohio Republican lawmakers have introduced a bill to reform their state’s marijuana laws, increasing taxes on the substance and limiting personal cultivation.
Cannabis shop proposal could force debate over Richland pot ban. Here’s where it stands
Richland residents won’t get a city-sponsored forum to debate the longstanding ban on cannabis sales in the near future. A January request to authorize a cannabis store at Horn Rapid s would have …
Applications now open for Kentucky cannabis business licenses
Kentuckians can now begin applying for a cannabis business license, and medical providers can apply to Kentucky’s Board of Medical Licensure and Board of Nursing for permission to write cannabis …
‘Early mover advantage’: How Minnesota’s new social equity rules for cannabis businesses are playing out so far
Jessica Jackson looked out over a crowd of could-be recreational cannabis entrepreneurs gathered at Sabathani Community Center in Minneapolis and asked for a show of hands.
Cannabis helps women achieve more and better orgasms: study
Female participants who consumed cannabis before sexual activity with a partner were able to reach climax more frequently and with greater ease, and felt overall more satisfied with their orgasms …
The Rise And Fall Of Pioneering Weed Markets: RIP California And Colorado Cannabis Industries
According to a recent Politico article, statewide marijuana sales have plunged from a high of $2.2 billion in 2020 to just $1.5 billion in 2023 – a jaw-dropping decline of over 30% in just three years …
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