by Margaret Jackson | Feb 24, 2025 | News
The IRS owes Jushi Holdings about $6 million in Employee Retention Credit (ERC) claims, but the cannabis multistate operator didn’t want to wait for it. Instead, Jushi sold its ERC claims to a third party for about $5.1 million in cash. ADVERTISEMENT The ERC is...
by Chris Casacchia | Feb 21, 2025 | News
Missouri marijuana processor Delta Extraction has lost its final appeal, resulting in the termination of its business license after its role in a massive 2023 product recall. According to the Missouri Independent, the state’s Administrative Hearing Commission...
by Chris Roberts | Feb 21, 2025 | News
In the next few months, cannabis testing labs in New Jersey will be subject to new labeling requirements and must obey new action limits under recently approved rules. For the first time, New Jersey now has its own testing standards, after having followed Maryland’s...
by Margaret Jackson | Feb 21, 2025 | News
Marijuana operator Harvest Care Medical closed on a $4 million refinancing deal geared toward supporting its growth in West Virginia. The move is intended “to bolster the company’s operational expansion and streamline its financial obligations by reducing...
by Kate Lavin | Feb 21, 2025 | News
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) 2025 is poised to be a pivotal year for partnerships between the cannabis industry and universities, both in the United States and globally. While...
by Chris Roberts | Feb 20, 2025 | News
The Trump administration is refusing to return more than $1 million of marijuana seized from state-licensed New Mexico cannabis companies at interior Border Patrol checkpoints over the past year. That’s the claim made in a lawsuit recently refiled in the U.S....
by Kate Lavin | Feb 20, 2025 | News
The Denver-based Cannabis Marketing Association (CMA), which operated the Cannabis Marketing Summit, is closing after more than nine years. ADVERTISEMENT In a letter sent to association members and shared on social media, founder and CEO Lisa Buffo said the...
by Chris Casacchia | Feb 20, 2025 | News
Two companion bills introduced in Wisconsin and included in Democratic Gov. Tony Evers’ budget proposal would legalize adult-use marijuana retail and personal home grows. Assembly Bill 50 and Senate Bill 45, introduced Tuesday, would regulate marijuana like...
by Kate Lavin | Feb 20, 2025 | News
By the time interior designer Kim Myles visited cannabis retail stores for her reality TV show “High Design,” many of the owners were in dire straits. From high fees and taxes to challenges building clientele, Myles said her clients’ No. 1 concern was competing,...
by Chris Casacchia | Feb 19, 2025 | News
An effort by a Republican lawmaker in South Dakota to overturn a 2020 voter-approved medical cannabis legalization law was killed in committee. According to South Dakota Public Broadcasting, state Rep. Travis Ismay’s attempt to overturn the state’s MMJ...
by Chris Roberts | Feb 19, 2025 | News
Dissatisfied with what they claim is an opaque and biased process that violates federal law, a group of pro-marijuana rescheduling doctors and researchers is asking a federal court to intervene and compel the U.S. Drug Enforcement Administration to redo key steps in...
by Chris Roberts | Feb 19, 2025 | News
New York regulators have approved another 74 licenses for adult-use cannabis businesses. But there’s even better news for anyone who submitted an application in November 2023: The state’s Office of Cannabis Management (OCM) reported that only “about 150...