News on Ancillary Products & Services
Colorado recently passed rules intended to expand competition for cannabis seed-to-sale tracking contracts when the state’s current deal with traceability software provider Metrc expires in October 2026.
After a long career in journalism and almost eight years with MJBizDaily, Roger Fillion will retire as editorial director and will be succeeded by the publishing platform’s magazine editor Kate Lavin, MJBiz announced Wednesday.
After a tough year for most cannabis operators, attendees at MJBizCon 2023 said they aren’t banking on sweeping legislative reform such as the rescheduling of marijuana to grow their businesses in the coming year.
Industry stakeholders speaking at MJBizCon on Wednesday expressed optimism that the Biden administration will reschedule marijuana as a less dangerous drug in the months ahead, a move that would allow cannabis businesses to escape the steep taxes levied under Section 280E of the federal tax code.
MJBizCon, the world’s biggest event in the cannabis sector, kicks off Wednesday in Las Vegas as industry leaders wrap up a tough year and hope for positive change in 2024 – particularly, the potential reclassification of marijuana as a less dangerous drug by the U.S. government.
The THC potency of marijuana flower sold in legal stores in four states is routinely and systematically inflated, sometimes by as much as 25% or more, according to an independent analysis of licensed cannabis testing-laboratory data obtained by MJBizDaily.
Moving marijuana from Schedule 1 to Schedule 3 under the Controlled Substances Act could influence whether and how doctors recommend medical cannabis.
