Law 360 Article: 5 Things Cannabis Biz Attorneys Should Know About Tax Law
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After a year in which four states legalized recreational use of cannabis, what states can be […] After years of debate, Mexico is expected to join Canada and Uruguay as the only countries in the […]
by Dispensaries Editor on January 20, 2021 at 12:20 pm
by Dispensaries Editor on January 18, 2021 at 12:20 pm
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Texas May Be the Next State to Legalize Marijuana
Sure, Texas has a reputation as a conservative bastion, but changing demographics and politics may […]
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This Is Why Cannabis Will Lead America's Economic Recovery
The industry can help bridge the economic gaps.
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The Hoban Minute – 133 | Lorena Beltran & Luis Armendariz | An Update on Mexico’s Cannabis Reform
The Hoban Minute - 133 | Lorena Beltran & Luis Armendariz | An Update on Mexico’s Cannabis […]
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Federal Regulatory Agencies Crackdown On CBD Marketing Claims
It’s common knowledge that CBD manufacturers cannot make medical claims, especially those not […]
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USDA Announces Final Rule Regulating Hemp Production
The U.S. Department of Agriculture (“USDA”) announced today its Final Rule regulating the […]
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Pure Extracts Closes Upsized $8.5 Million Offering With Strong Retail Demand
VANCOUVER, British Columbia, Jan. 21, 2021 (GLOBE NEWSWIRE) — Pure Extracts Technologies […]
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FluroTech Announces Closing of Oversubscribed $2.5 Million Private Placement Financing and Announces Communications Engagement for Investor Relations Services
CALGARY, Alberta, Jan. 21, 2021 (GLOBE NEWSWIRE) — FluroTech Ltd. (TSXV: TEST) […]
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MINDCURE Included in First Psychedelic ETF & North American Psychedelics Index
Mind Cure Health Inc. (CSE: MCUR) (OTCQB: MCURF) (FRA: 6MH) (“MINDCURE” or the “Company”) […]
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Revive Therapeutics Raises $20 Million For Psychedelic Research
No sooner had Revive Therapeutics Ltd. (OTC: RVVTF) announce it had raised $10, then it stopped […]
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Auxly Cannabis Raises $15 Million
Auxly Cannabis Group Inc. (OTCQX: CBWTF) has raised $15 million with a deal in which ATB Capital […]
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The Daily Hit: January 20, 2021
It’s time for your Daily Hit of financial news for January 20, 2021. On the Site Valens The […]
Bust(s) of the Day
Bored of Reading Cannabis Industry News? Take A Lighter Turn At Wake & Bake Daily.
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15 pounds of ‘high grade marijuana’ confiscated by BCSO
Baldwin County Sheriff’s officials say on Wednesday, January 13, a deputy with the special […]
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Norwalk PD: Men tried to ship weed hidden in karaoke machine
Connecticut…. Two men were caught trying to ship more than two pounds of marijuana hidden in a […]
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UK: Two cannabis factories dismantled in latest crackdown
Bedfordshire Police press release More than 90 cannabis plants have been seized as part of the […]
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UK: Officers ‘school’ Facebook users on cannabis criminality after haul of plants found in town centre
The Lancs Times reports On Friday, officers in Rossendale uncovered the plants at a property in […]
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UK: Albanian cannabis farmers caught hiding in loft with £60,000 of weed
Two Albanian cannabis farmers were found hiding in the loft of a Derbyshire property where they […]
Latest Cannabis Tax News
Michigan: Report calls for new cannabis taxes to help promote minority ownership
The Detroit Free Press reports LANSING — An advisory group is recommending new taxes on marijuana sales to raise millions of dollars that would be used to improve diversity and help disadvantaged…
Oregon: Procedural errors to delay cannabis tax in Grant County
The Blue Mountain Eagle reports….Grant County will have to wait before collecting marijuana tax revenue. Although county voters approved a 3% tax on marijuana products in the November election, Grant…
USA: Tax Foundation – Several States Considering Legal Recreational Marijuana
This article contains a chart Potential Recreational Marijuana Excise Tax Revenue by State Based on Average Taxes Paid per Marijuana User in States with a Market for a Minimum Three…
U.S. Census Bureau Intends To Collect Cannabis Tax Revenue Data From States
Marijuana Moment reports… The U.S. Census Bureau has announced that it plans to begin collecting data on marijuana tax revenue generated by state governments around the country. The federal agency…
Jersey City eyes 2% tax on medical cannabis sales
NJ.com reports Jersey City doesn’t have any cannabis dispensaries yet, but the City Council will review an ordinance this week creating a 2% tax on medicinal marijuana sales. While legislation…
Oregon’s cannabis sales by county in 2020
Statewide, combined adult-use and medical sales increased nearly 40% and topped $1.1 billion. KGW8 reports The Business Journal’s annual analysis of data from the Oregon Liquor Control Commission showed that…
Oregon marijuana sales reach record $1 billion-plus in 2020
MJ Biz report Marijuana sales exceeded $1 billion in Oregon last year, with the vast majority of transactions coming from the state’s recreational cannabis retailers, coinciding with the coronavirus pandemic and mirroring…
Illinois nets more than $582M in revenue from recreational marijuana sales in 2020
Illinois brought in more than $582 million in revenue in the first year of legalized marijuana. From January through November, the state reported a total of $582,226,511.45 of revenue from…
SOCAL: Oceanside sets tax rates for cannabis businesses
The San Diego Times reports… Oceanside has approved its first tax rates for medical cannabis businesses, setting the numbers low to help start-ups get going against illegal operators and legal…
California’s marijuana tax money used to combat impaired driving
Visalia Times Delta reports.. Nearly $27 million in grant funds will go toward helping local communities combat impaired driving, according to The California Highway Patrol (CHP). The grant money comes from Proposition…