Nominations open for Emjays cannabis awards during MJBizCon Week
The Emjays International Cannabis Awards, first introduced during MJBizCon Week in 2023, are returning Dec. 5 to the Pearl Theater inside The Palms Casino Resort in Las Vegas. Nominations are open for 23 awards categories in the cannabis industry. ADVERTISEMENT...
How will Supreme Court ruling affect marijuana rescheduling?
The U.S. Supreme Court’s landmark decision to significantly curtail federal regulatory agencies’ power has triggered a fresh round of uncertainty about the status of marijuana rescheduling. But none of this uncertainty is expected to disrupt the Biden...
IRS warns cannabis operators that 280E taxes still must be paid
The IRS is reminding marijuana companies that taxes under Section 280E of the Internal Revenue Code still must be paid because of the drug’s Schedule 1 status. “Taxpayers seeking a refund of taxes paid related to Internal Revenue Code Section 280E by filing...
Iowa hemp law now in force despite court challenges
Iowa’s new hemp law went into effect Monday, only days after a lawsuit contesting the statute was denied and another challenge was filed. A U.S. district judge for the Southern District of Iowa on Friday rejected a request by two THC drink makers to limit...
Martha’s Vineyard marijuana retailer reopens after waterway deliveries OK’d
Adult-use and medical marijuana retailer Island Time in Martha’s Vineyard, Massachusetts, reopened for business Saturday after being closed for more than six weeks because of a lack of inventory, according to the Martha’s Vineyard Times. Geoff Rose, owner of Island...
Pesticide scandal shakes confidence in California cannabis market
California cannabis brands, retailers and testing labs are scrambling to regain the confidence of consumers in the wake of a pesticide scandal that has poisoned good will in the state’s regulated industry. Some retailers, such as Long Beach-based Catalyst...
Louisiana bans THCA flower, sale of hemp products at gas stations
Smokable hemp flower, including so-called THCA flower, is now banned in Louisiana under a new law restricting hemp-derived cannabinoids. ADVERTISEMENT Among the changes contained in House Bill 952, which Republican Gov. Jeff Landry recently signed into law, are:...
Receiver overseeing asset sale of cannabis brand High Times is terminated
The receiver appointed to handle the asset sale of cash-strapped cannabis brand and iconic publication High Times is no longer working with the business. Stephen Kunkle, the receiver for High Times’ lender, ExWorks, terminated the receiver agreement with Kevin Singer,...
Verano raises ante in suit against marijuana operator Goodness Growth
(This story has been updated with comments from Goodness Growth.) Verano Holdings Corp. is firing back against fellow marijuana multistate operator Goodness Growth, which recently filed an application seeking a summary trial in Vancouver, British Columbia, and nearly...
Draft Farm Bill amendment puts hemp industry at risk
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) Since the passage of the 2018 Farm Bill, individual states have taken the lead on regulating the industrial hemp market and hemp-derived consumer...
Kentucky medical marijuana business licensing begins July 1
Kentucky’s application process for medical marijuana business licenses begins July 1, more than a year after the governor signed off on MMJ legislation. The state has set an MMJ market launch date of Jan. 1, according to Louisville TV station WDRB. ADVERTISEMENT...Featured
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