One of the most well-known and longest-operating cannabis dispensary owners in the nation, California-based Harborside, announced Monday that its CEO has stepped down and a new interim chief executive officer was appointed. Andrew Berman, who has served as CEO,...
Los Angeles' latest marijuana business licensing round - which opened last month and has yet to award any retail permits - has many hopeful applicants outraged and threatening to take drastic action if major changes aren't made. Hundreds reportedly appeared Thursday...
The U.S. Tax Court again ruled that Section 280E of the Internal Revenue Service tax code is constitutional and cannabis companies aren't entitled to common business deductions. The ruling centered on a plea from Northern California Small...
A class action lawsuit filed against cannabis tech platform Eaze - a major player in the California marijuana delivery world -Â was dismissed by a federal judge, who ordered the plaintiff to enter into arbitration with the company. U.S. District Court Judge James...
“We’re in the happy place,” Terra Carver, executive director of the Humboldt County Growers Alliance, says of the ongoing fall cannabis harvest in California’s Emerald Triangle.
After a lengthy legal fight with the Internal Revenue Service over the applicability of 280E business deductions to state-legal marijuana companies, Harborside on Monday got its final tax bill from the case: $11 million in back taxes from 2007 to 2012. The case dates...
A tax expert who spent six years as an IRS trial lawyer is sounding a new 280E alarm bell that many cannabis businesses might need to answer soon.
California’s cannabis testing industry was stressed to the brink in 2018, with newly required testing thresholds going into effect first in July 2018 and then in January 2019.
The result at the time was long waits for test results, a temporary increase in product testing failures and various industry stakeholders arguing the state needed far more labs.
Ultra Health has been serving New Mexico’s medical cannabis patients since 2015. While there is arguably more money to be made by serving customers in states with recreational cannabis—and there’s a chance New Mexico’s legislature may legalize adult use before long—the company remains optimistic that the medical market will find a way to evolve and survive.
It appears one of the longest-standing controversies in the California marijuana industry will come to a close by New Year’s Eve. It involves online cannabis advertising giant Weedmaps’ policy to allow unlicensed cannabis shops and delivery services to appear on its website.
A yearlong ban on all cannabis vaping sales introduced this week by a Los Angeles City Council member has many in the industry fretting over the future and scrambling to head the motion off before it becomes law. If the city does enact the proposed ban, that could...
A Los Angeles City Council member is moving to temporarily ban the sale of all marijuana vaping products in response to the recent vaping illness epidemic. Whether the measure will become law remains unclear. But, if successful, it could prove to be a major blow to...
