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Bermuda is moving forward with plans to legalize adult-use and medical cannabis, good news for […] Amid a worldwide pandemic, Illinois sold $1 billion in cannabis in the first year of legalization […]
by Dispensaries Editor on January 25, 2021 at 12:20 pm
by Dispensaries Editor on January 22, 2021 at 12:20 pm
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Want to Start A CBD Company? Follow These Steps to Improve Your Quality
A compound pharmacist and CBD CEO gives her advice.
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What Is Delta-8 THC?
The milder form of THC is gaining popularity among cannabis consumers, but some legal kinks may […]
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Your Guide to the USDA’s Final Rule on Hemp
On Jan. 15, the U.S. Department of Agriculture’s (USDA’s) Agricultural Marketing Service […]
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USDA domestic hemp production rule released
USDA has issued its final rule for the domestic production of hemp in the waning days of the Trump […]
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New York State Department of Health Launches the Cannabinoid Hemp Retail License Application and Distributor Permit Application
While applications had not been made available on January 1, 2021, as originally planned, the New […]
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Hollister Biosciences Inc. Commends the State of Arizona for starting Adult-Use Cannabis Sales ahead of schedule, Venom Extracts it’s 100% owned subsidiary is a category leader with over 4 million grams sold throughout the state in 2020
VANCOUVER, BC, Jan. 25, 2021 /PRNewswire/ – Hollister Biosciences Inc. (CSE: HOLL) (OTC: […]
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Psyched Wellness Included in First Psychedelic Exchange Traded Fund
Psyched Wellness Ltd. (CSE: PSYC) (OTCQB: PSYCF) (FSE: 5U9) (“Psyched“) a life sciences company […]
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Field Trip Health Ltd. Announces Opening of Field Trip Health Center in Atlanta, GA, as it Continues Expansion in the US
Field Trip Health Ltd. (CSE: FTRP, OTCBB: FTRPF) (“Field Trip”), a global leader in the […]
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The Daily Hit: January 26, 2021
It’s time for your Daily Hit of cannabis financial news for January 26, 2021. On The Site iAnthus […]
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Delta 8 THC: Benefits, How It Works & Scientific Evidence
Editors Note: This is a guest post. Delta 8 THC has caught the attention of many in recent years. […]
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Did iAnthus Bankers Conspire To ‘Wipe Out’ Shareholders?
It’s a bombshell recording between former iAnthus Capital Holdings Inc. (OTC: ITHUF) Hadley Ford […]
Bust(s) of the Day
Bored of Reading Cannabis Industry News? Take A Lighter Turn At Wake & Bake Daily.
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Ireland: Two held as gardaí seize cannabis worth €1.2m in raids against organised crime
The Irish Times reports A man and a woman arrested in raids by gardaí targeting people involved in […]
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NY Officials Seize 2,500 Pounds of Marijuana In Large Same-Day Drug Busts at Border
U.S. Customs and Border Protection officers in northern New York discovered more than 1,545 pounds […]
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Australia: POLICE ALLEGEDLY FIND 36 KILOS OF CANNABIS IN MAN’S CAR
NBN News reports A Northern Rivers man has appeared in court today after police allegedly found 36 […]
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Northern Ireland: 72-year-old one of three men accused of producing over 260 cannabis plants
Three men who are accused of producing over 260 cannabis plants will face Crown Court proceedings […]
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Ireland: Cash and cannabis seized in Arklow
One man was arrested following the discovery of cash and cannabis in Arklow on Saturday. €3,360 […]
Latest Cannabis Tax News
State Auditor Kathy McGuiness: Delaware Could See $43 Million Annually from Regulating, Taxing Marijuana for Adult Use
DOVER, DELAWARE – State Auditor Kathy McGuiness released a report today showing that Delaware could realize more than $43 million in annual tax revenue from the regulation and taxation of legal…
Article: 7 Reasons Accounting Firms Should Embrace Cannabis Clients in a Post-COVID World
It’s time for accounting professionals to embrace the cannabis industry. As accountants, we have the opportunity to be at the forefront of this exciting industry growth and have the ability…
Cannabis taxes fund $31.4 million in state grants to groups helping poor communities
The Chicago Sun Times reports The grants, which go to 81 community organizations, result from the law legalizing adult-use marijuana in Illinois. It requires 25% of pot tax revenues help…
Tax Foundation: New York Governor Proposes THC-based Tax on Recreational Marijuana
Lots of reports on the issue. This is the one with the most insight The Tax Foundation reports In his fiscal year 2022 budget proposal unveiled this week, New York…
Hemp Banking, CBD Banking, and Cannabis Banking: What’s The Difference?
Hemp and cannabis are technically the same plant, but in the eyes of the law, they couldn’t be more different. Legally, hemp is defined as Cannabis sativa L. containing 0.3% or less…
CBD Banking: Three Trends and Predictions for 2021
The world of banking Cannabidiol (CBD) businesses is a chaotic one. Despite the legalization of hemp and hemp-derived products under the 2018 Farm Bill, CBD products for both human and…
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…