National Medical Cannabis Business & Marijuana Legal News

Shake-up at National Cannabis Industry Association

A longtime board member has resigned and a newly hired chief of staff has been let go. That’s all happened in the past week at the Denver-based National Cannabis Industry Association. Kayvan Khalatbari, a co-founder of Denver Relief Consulting, told Marijuana Business Daily that he submitted his resignation as an NCIA board member Monday. Genifer […]

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Tax court ruling on 280E case could come this month

A ruling from the U.S. Tax Court on whether the 280E provision should not apply to state-licensed marijuana businesses could come before the end of the year. The case – which was tried in mid-2016 by San Francisco attorney Henry Wykowski – has the potential to reshape the U.S. cannabis industry by making law-abiding MJ companies […]

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Key federal medical cannabis protection gets stay of execution – again

The only current federal statute protecting medical marijuana businesses from U.S. law enforcement agencies has been extended again, this time until Dec. 22. The Rohrabacher-Blumenauer Amendment – previously known as Rohrabacher-Farr – will remain in federal law for at least another two weeks under a budget deal passed by Congress Thursday afternoon. The budget bill, […]

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280E fix in Congress still possible with tax bill, senator says

U.S. Sen. Cory Gardner tried but ultimately failed a week ago in his bid to include an exemption from 280E for state-compliant marijuana businesses in the landmark tax reform package passed by the Senate. But the Republican from Colorado told Marijuana Business Daily on Thursday he’s still hopeful his amendment can make it into the final […]

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Will federal marijuana safeguard be extended again?

With the current federal budget set to expire Friday, speculation has swirled in Washington DC over whether Congress will once again reach a deal to keep the old budget in place temporarily and prevent the U.S. government from shutting down. Medical marijuana businesses have good reason to pay attention: If the previous budget is not extended – […]

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Surgeon general: Cannabis deserves further medical research

The marijuana industry – at least the medical sector – apparently has another ally within the Trump administration: U.S. Surgeon General Jerome Adams. During a speech to the National Black Caucus of State Legislators’ annual conference in Indianapolis, Adams voiced clear support for further research into the medical benefits of cannabis, according to the CHNI […]

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Cannabis industry tax fix not included in final Senate reform bill

A repeal of the 280E section of the federal tax code for law-abiding marijuana companies was not included in the final version of the landmark tax bill that the U.S. Senate passed early Saturday, despite a last-minute amendment attempt by Colorado Republican Sen. Cory Gardner. An amendment that would have exempted state-compliant marijuana companies from 280E […]

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280E repeal possible as part of GOP tax package

The Republican tax reform bill currently being debated in the U.S. Senate may end up including a repeal of 280E for state-licensed marijuana companies if a last-minute bipartisan amendment makes it into the legislation. The amendment – offered by Republican U.S. Sen. Cory Gardner of Colorado – would essentially exempt cannabis companies from 280E as long […]

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Sessions: Justice Department still discussing marijuana enforcement

Attorney General Jeff Sessions and his Department of Justice have yet to make up their minds about how to approach federal marijuana policy. That’s the latest from Sessions when it comes to the Trump administration’s murky cannabis policy. During a Wednesday press conference, he said that DOJ officials had been discussing marijuana enforcement “at some […]

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AG Sessions confirms status quo on cannabis policy

Despite Attorney General Jeff Sessions’ decidedly anti-marijuana statements since he took over the U.S. Department of Justice, it appears cannabis businesses are safe from his agency for the time being. According to The Cannabist, when asked Tuesday during a congressional committee hearing regarding the DOJ’s policy on the marijuana industry, Sessions replied: “Our policy is […]

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