Cannabis companies have benefited significantly from the legislative policy advocacy work of the Marijuana Policy Project. But the organization, which has been at the forefront of marijuana legalization across the United States, now faces challenges that cloud its...
The acting head of the Drug Enforcement Administration is stepping down, less than nine months into the position, raising fresh uncertainties about the Trump administration's marijuana policy. Robert Patterson told employees in an email Monday that the ability to...
Banking trade groups are stepping up their support for proposed legislation and seeking better clarity from the federal government about how financial institutions might serve cannabis-related businesses in states where marijuana is legal.
A U.S. Tax Court judge asserted in a recently released decision that the owner of a Colorado medical marijuana business wasn’t entitled to take business deductions for her expenses in selling non-cannabis accessory merchandise such as pipes and papers. The decision...
Monthly cannabis sales in Colorado are flat for the first time since the state launched adult use, Nevada offers a select group additional opportunities in its recreational market, and Alaska weighs the idea of a new excise tax tier for marijuana cultivators. Here’s a...
Nearly a year after giving its recreational marijuana program an early start, Nevada is making additional licenses available, but only for businesses that already have permanent or provisional medical marijuana certificates. The program expansion comes at a time when...
What’s in a name? A lot - at least in the case of Michigan. What you call your medical marijuana establishment is important to regulators. The state's rules are spelled out in an advisory bulletin issued Monday by the Michigan Department of Licensing and Regulatory...
Total marijuana sales in Colorado were flat in April on a year-over-year basis for the first time since the state launched its recreational market in 2014, reflecting a continued decline in medical cannabis sales. The data is compiled by the Colorado Department of...
A group of mayors has formed a coalition to push for marijuana reform at the national level, including provisions that would allow banks to work with state-legal MJ businesses. The mayors, from six cities so far, also want to allow cannabis business owners to take tax...
President Donald Trump told reporters Friday he “probably” would support legislation that would allow states to decide for themselves whether marijuana should be legal.
Democratic Sen. Elizabeth Warren and Republican Sen. Cory Gardner unveiled legislation Thursday that would fully protect state-legal marijuana programs as well as resolve banking and taxation issues dogging the MJ industry.
The measure – which faces uphill odds before November’s midterm elections – also would legalize industrial hemp nationwide.
The Marijuana Policy Project may be a victim of its own success. The policy advocacy organization has cut its full-time staff by 30%, from 20 employees to 14, because of “budget constraints,” interim Executive Director Matt Schweich confirmed this week. He said...
