The once-high-flying co-founders of MedMen Enterprises, Adam Bierman and Andrew Modlin, are back in the spotlight – this time for a new court battle. Or two.
John Schroyer
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Cole Memo author joins National Cannabis Roundtable as adviser
The National Cannabis Roundtable announced the formation of a new advisory board this week, and its members include former Deputy U.S. Attorney General James Cole, the author of several influential U.S. Department of Justice memos that paved the road for the modern U.S. marijuana market nearly a decade ago.
Another massive bust of illegal marijuana grows in California
California law enforcement officials this week announced two days worth of raids at several locations that produced the largest illegal marijuana grow operation in the history of the San Francisco Bay Area.
CBD labeling mix-up leads to Oregon recall, lawsuit over THC in tinctures
A labeling snafu by an Oregon subsidiary of Massachusetts-based Curaleaf initially led to a recall of cannabis tinctures and now has spawned a lawsuit by a consumer who unintentionally got high from THC from one of the tinctures, which was supposed to contain only CBD.
California adopts updated rules for cannabis industry
The California Department of Cannabis Control (DCC) said Wednesday it formally adopted an updated set of regulations for the state’s marijuana market, effective immediately.
Tumblr to allow marijuana businesses to advertise in CA, CO
Social media company Tumblr is throwing open its doors for marijuana companies to advertise products on its platform – but only in California and Colorado for now – and for CBD businesses to publicize their goods nationwide.Â
IRS debuts initiative to help cannabis companies pay taxes properly
The IRS launched a program aimed at helping businesses in state-legal cannabis markets pay their federal taxes properly under 280E, the onerous section of the U.S. tax code that disallows standard deductions for such businesses. The program,...
Minority Cannabis Business Association launches in Maryland
In anticipation of the Maryland Legislature legalizing adult-use cannabis in the near future, two ex-politicians turned lobbyists formed a new trade organization dedicated to ensuring that people of color get a solid stake in the upcoming industry.
Massachusetts regulator criticizes local ‘impact fees’ for cannabis firms
The practice of Massachusetts municipalities levying “impact fees” on cannabis companies that operate within their jurisdictions is drawing increasing criticism, including from a top state marijuana regulator.
3 more businesses sue Illinois over unsuccessful marijuana license bids
Three companies seeking marijuana business licenses are the latest to file suit against Illinois regulators, alleging their applications for cultivation and transportation permits were wrongly rejected or that they weren't given an opportunity to rectify errors....
Hall of Flowers: Optimism mixed with realism at return of in-person marijuana events
Cannabis retailers, growers and businesspeople of varying stripes reported an upbeat outlook at this week’s Hall of Flowers conference in California, saying they’re bullish on prospects for expansion and increased sales coming off a year of pandemic shutdown that tilted many consumers toward legal marijuana.
Massachusetts mayor gets 6 years in prison for marijuana bribery scheme
The former mayor of a small Massachusetts town received a six-year prison term after his conviction earlier this year on charges including fraud and extortion tied to the licensing of local marijuana business.
