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Illinois adult-use cannabis retailers can apply for medical permits, with DEA and tax benefits possible
Holding a medical license changes an operator’s regulatory status and makes them eligible to register with the DEA.
News August 13California county cuts cannabis taxes after short-lived automatic increase
San Luis Obispo County supervisors agreed to cut a cannabis tax, imposed on operators' gross receipts, back down…
News August 13The founders who reacquired their beverage brand from a cannabis MSO
LEVIA's founders sold their cannabis beverage brand to Ayr Wellness, then spent two years buying it back.
News August 13Michigan lawmaker pushing repeal of ‘deceitful’ new cannabis tax that’s closing stores
In response to a new 24% Michigan cannabis tax that's depressing sales and closing stores, a state lawmaker…
News August 12European acquisition leads to record revenue for Canadian cannabis LP Organigram Global
Organigram's Q3 revenue rose 49% to CA$105.8 million after its Sanity Group acquisition, lifting international sales to 35%…
News August 12How federal marijuana rescheduling rewrites the rules for cannabis business leases
Schedule 3 lets medical cannabis operators deduct rent for the first time.
News August 12Will Congress save hemp THC beverages from the looming federal ban?
Hemp THC beverage operators are hopeful a bipartisan proposal to legalize and tax the sale of low-dose drinks…
News August 11How federal marijuana rescheduling changes the game for cannabis trademarks and IP protections
Federal marijuana rescheduling means more than tax relief. Operators should review what new steps they can take to…
News August 11US marijuana MSO Curaleaf plots $272 million hostile takeover of Aurora Cannabis
The company intends to launch a takeover bid for all outstanding Aurora shares, offering $4 per share in…
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