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Massachusetts cannabis regulators catch THC potency inflation in recent sting
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Turmoil abounds over Los Angeles’ latest marijuana business licensing and its social equity program
Los Angeles’ latest marijuana business licensing round – which opened last month and has yet to award any retail permits – has many hopeful applicants outraged and threatening to take…
News October 25
Acreage Holdings inks $72 million cannabis real estate deal
Acreage Holdings, a multistate marijuana operator, signed a sale-leaseback deal valued at more than $72 million for cannabis facilities in several states with GreenAcreage Real Estate.
News October 25
North Macedonia’s medical cannabis overhaul would allow flower exports – but also create entry hurdles
Medical cannabis regulations in North Macedonia – a small but promising market – are likely to undergo significant changes before the end of 2019, allowing the export of flower for…
News October 25
Cannabis farmers in western states report large crop yields, only minor challenges
Cannabis growers in California, Oregon and Washington state say they are enjoying a robust outdoor harvest, with strong crop yields, high-quality flower and market prices well above last year’s depressed…
News October 25
Gibraltar expands medical cannabis market beyond just CBD
Two years after Gibraltar legalized CBD, the tiny British Overseas Territory located on Spain’s south coast widened the range of cannabinoids available in the local market. The move could create limited…
News October 25
Week in Review: Mexico moves toward recreational cannabis legalization, vape firm Pax cuts jobs, Northeast govs huddle & more
Mexico prepares to become the most populous nation in the world to legalize adult-use marijuana, vape company Pax cuts 25% of its workforce, governors of Northeast states consider working together…
News October 25
Marijuana smuggling charges to be dropped against ex-Vireo employees
Felony charges will be dropped against two former Vireo Health executives accused of smuggling medical marijuana across state lines after they perform 80 hours of community service and serve a…
News October 24
US Tax Court rules cannabis deductions are not allowed
The U.S. Tax Court again ruled that Section 280E of the Internal Revenue Service tax code is constitutional and cannabis companies aren’t entitled to common business deductions. The ruling centered on…
News October 24
Chicago wants to charge maximum 3% tax on recreational marijuana sales
Chicago Mayor Lori Lightfoot proposed in her 2020 budget that the city impose the maximum local tax of 3% on recreational marijuana sales, a levy that would come on top…
News October 24
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