Possible repeal of 280E for marijuana businesses: Q&A with Rep. Carlos Curbelo

John Schroyer  | October 5, 2017

By John Schroyer

The 280E section of the federal tax code has been the bane of law-abiding cannabis businesses for years because it typically results in plant-touching companies paying enormous tax bills to the IRS.

But that could change, perhaps even this year, if Congress were to pass the Small Business Tax Equity Act.

Alberta’s rec cannabis blueprint leaves door open to private retailers, MJ clubs and lounges

Matt Lamers  | October 5, 2017

By Matt Lamers

Alberta’s proposed framework to regulate marijuana leaves open the possibility private companies could sell adult-use products, a move that would be a boon for businesses wanting to participate in the province's retail sector.

The provincial government also signaled it is open to marijuana cafes and lounges, which would provide more opportunities for entrepreneurs.

Out-of-state companies making a run for Ohio’s medical marijuana licenses

Bart Schaneman  | October 4, 2017

By Bart Schaneman

Out-of-state medical cannabis companies are jumping into the nascent Ohio market because the state lacks a residency requirement for business owners.

While a majority of the applicants are listed as Ohio-based companies, at least a dozen either have an out-of-state business address or are connected to companies based elsewhere.

Pennsylvania medical marijuana program on track, but legal issues loom

Bart Schaneman  | October 3, 2017

By Bart Schaneman

Pennsylvania’s developing medical marijuana market appears to be progressing on schedule.

Industry watchers expect seeds to be in the ground ahead of the Dec. 20 deadline, six months after 12 grower/processor licenses and 27 dispensary permits were issued. But a pair of legal issues could gum up the works.

Week in Review: CBD trademark suit, Vermont’s fifth MMJ licensee & DEA chief quitting

John Schroyer  | September 29, 2017

By Kristen Nichols, Bart Schaneman and John Schroyer 

Actress Jessica Alba files a trademark infringement lawsuit against a CBD supplements company, Vermont awards its fifth medical marijuana business license, and DEA chief Chuck Rosenberg is leaving his post.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

Truth in advertising: Marijuana sector still struggling to gain foothold in mainstream

Omar Sacirbey  | September 28, 2017

By Omar Sacirbey

The marijuana industry has scored several advertising coups in recent weeks, with cannabis-related businesses landing ads on major television networks and in mainstream magazines.

Cannabis industry insiders welcomed the breakthroughs and accompanying hope, but they also cautioned that the MJ sector has far to go to win over mainstream media platforms.

L.A. marijuana businesses unhappy with draft rules, but talks continue

John Schroyer  | September 27, 2017

By John Schroyer

Newly released draft regulations that would govern Los Angeles' licensed marijuana industry starting next year immediately created a firestorm among stakeholders, with some fearing they could force many companies to set up shop in other parts of the state

But according to industry insiders, negotiations with city officials are ongoing.

Colorado marijuana edibles makers bracing for new standards

Kristen Nichols  | September 26, 2017

By Kristen Nichols

Colorado’s ban on edible marijuana products shaped like animals, humans or fruits takes effect Oct. 1 – but manufacturers say they’re prepared for the change.

The 2016 law, which bans certain shapes of edibles, was spurred by concerns children may be attracted to gummies or hard lozenges in forms associated with common candies.

Chart: Medical marijuana patient counts keep rising in Canada

Eli McVey  | September 25, 2017

By Eli McVey

Canada’s medical marijuana program continues to surge, with 30,000-plus patients enrolling last quarter to boost the total count over 200,000.

That marks three straight years of quarter-over-quarter patient growth for the program and a 168% increase from just one year ago.