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Week in Review: Cannabis banking confusion, medical marijuana vs. opioids in NY & MMJ defeat in US Tax Court

Landmark news comes from Canada this week as it becomes the first G-20 nation to legalize recreational cannabis. Read more about that here.

In the United States, cannabis banking reform advocates get mixed signals, New York plans to allow the use of medical marijuana in lieu of opioids, and U.S. Tax Court denies a Colorado MMJ company’s business deductions.

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MJ Freeway cannabis software system hits new glitch in Washington state; contract up for renewal

Marijuana business owners in Washington state continue to grapple with problems in the state-selected traceability program, with some industry officials concerned the situation could trigger errors tied to tax reporting and regulatory compliance. The state has used MJ Freeway’s Leaf Data Systems for its traceability software platform since December. The kinks plaguing the system come […]

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Key advocacy group Marijuana Policy Project confronts leadership, funding challenges

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 future, including a leadership vacuum and a funding crunch. It recently cut its full-time staff by a […]

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Week in Review: Colorado’s flat marijuana sales, Nevada’s new MJ opportunities & Alaska’s cannabis tax ideas

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 closer look at some notable developments in the cannabis industry over the […]

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Oregon to inspect outdoor cannabis harvests in response to federal law enforcement pressure

Oregon regulators’ plan to observe and inspect the coming outdoor cannabis harvest will inconvenience many growers, but some industry watchers conclude it shouldn’t be much of an added financial burden. Here are the basics surrounding the issue: The federal government – in particular,  the U.S. attorney for Oregon – is scrutinizing Oregon’s MJ industry due […]

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