Marijuana Legalization and Regulatory News for Cannabis Businesses

Uruguay selects three new commercial growers of recreational marijuana to meet consumer demand

The Uruguayan government announced the three winning companies chosen to grow recreational marijuana for commercial purposes under an application process that began in February. To meet a shortfall of adult-use cannabis, the Uruguayan Institute for the Regulation and Control of Cannabis (IRCCA) selected: Uruguay Biopharmaceutical Research Co., based in the United States and conditioned to register a company in […]

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Dozens may apply as Utah opens medical marijuana dispensary licensing round

Utah officials expect “dozens” of individuals and businesses to apply to serve the state’s relatively small market with a total of 14 medical cannabis dispensaries. The application process remains open until Dec. 2, with state officials aiming to announce winners in time to launch the first phase of the program on March 1. Rich Oborn, […]

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Mexico to miss deadline to legalize marijuana, including recreational use

Citing “unprecedented” pressure from companies trying to influence Mexico’s cannabis legislation, voting on a bill to completely legalize marijuana – including its recreational use – will be delayed, according to media reports. Ricardo Monreal, president of the Senate’s Political Coordination Board (Jucopo) – a governing body of the chamber – told Milenio the bill “won’t be voted on this […]

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Michigan adult-use cannabis market likely won’t launch until spring

Michigan regulators will start taking recreational marijuana business applications on Nov. 1, but sales aren’t expected to begin until March or April at the earliest. There are a number of factors delaying the launch, according to the Detroit Free Press, including: The state is concerned about a medical cannabis shortage and hasn’t yet decided if […]

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Massachusetts keeps ban on marijuana vape products but allows use of crushed flower

Massachusetts Gov. Charlie Baker on Friday maintained the statewide retail ban on the sale of all vaping products after securing approval from the Public Health Council for an emergency regulation, but at the same time a local judge allowed medical cannabis patients to purchase crushed flower for use in vaporizers. The emergency regulation, to be […]

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Week in Review: Mexico moves toward recreational cannabis legalization, vape firm Pax cuts jobs, Northeast govs huddle & more

Mexico prepares to become the most populous nation in the world to legalize adult-use marijuana, vape company Pax cuts 25% of its workforce, governors of Northeast states consider working together to legalize recreational MJ – and more of the week’s top cannabis business news. Mexico prepares to legalize recreational cannabis Mexico’s Senate is ready to receive a […]

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Marijuana smuggling charges to be dropped against ex-Vireo employees

Felony charges will be dropped against two former Vireo Health executives accused of smuggling medical marijuana across state lines after they perform 80 hours of community service and serve a one-year probation. The closely watched case led to court rulings and reform in Minnesota that establishes the activity as a criminal act, putting MMJ operators […]

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US Tax Court rules cannabis deductions are not allowed

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 Business Assistants, which received a tax bill and penalty from the IRS for $1.5 million for the 2012 tax […]

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Chicago wants to charge maximum 3% tax on recreational marijuana sales

Chicago Mayor Lori Lightfoot proposed in her 2020 budget that the city impose the maximum local tax of 3% on recreational marijuana sales, a levy that would come on top of a state sales tax and a retail tax based on product potency and type. Marijuana Policy Project has calculated that the total retail marijuana […]

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Antitrust cloud lifting on cannabis M&A deals, but will some be renegotiated – or even abandoned?

The antitrust cloud hanging over several large mergers and acquisitions in the U.S. marijuana industry appears to be lifting, but its effects continue to linger and could remain a factor if the deals ultimately are renegotiated or even scrapped in a difficult funding environment. In recent weeks, a number of marijuana companies have announced that […]

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Judge throws out class action lawsuit against cannabis delivery giant Eaze

A class action lawsuit filed against cannabis tech platform Eaze – a major player in the California marijuana delivery world – was dismissed by a federal judge, who ordered the plaintiff to enter into arbitration with the company. U.S. District Court Judge James Donato dismissed the lawsuit brought by former Eaze customer Farrah Williams, after ruling […]

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