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Tax bill that could have boosted California marijuana businesses fails to advance
A proposal to temporarily lower taxes on marijuana products in California likely will not pass the state Legislature this year. The bill was designed to help licensed marijuana retailers compete…
News May 16
Delaware lawmakers take another stab at creating recreational cannabis industry
Democratic legislators are again proposing to legalize adult-use marijuana in Delaware, an idea still opposed by Democratic Gov. John Carney. Sponsors introduced a bill they said is aimed at eliminating…
News May 16
Senate filibuster hobbles Nebraska medical marijuana legalization measure
A bill aimed at legalizing medical marijuana in Nebraska did not move forward in the state Senate after backers reported they couldn’t get enough votes to end a filibuster by…
News May 16
Treasury Secretary Mnuchin opposes federal tax breaks for cannabis businesses
Treasury Secretary Steven Mnuchin may be open to a bipartisan solution to marijuana firms’ banking woes, but he doesn’t believe cannabis businesses should have the ability to receive federal “opportunity…
News May 16
Oregon bill to allow marijuana social use lounges hits dead end
A measure to legalize cannabis social consumption lounges in Oregon will not move forward, according to an industry advocate. The last major legislative action taken on Senate Bill 639 was…
News May 16
Cannabis Trade Federation forms group to tackle industry’s diversity dilemma
The Cannabis Trade Federation (CTF), a national coalition of marijuana-related businesses, formed a high-powered task force aimed at developing a practical strategy to increase diversity in the MJ industry. Current…
News May 16
British Columbia trails Ontario micro cannabis applications; first license issued
A relatively new class of federal cannabis licenses for small businesses in Canada is proving to be more appealing to entrepreneurs in Ontario than in British Columbia - home to…
News May 16
AR marijuana dispensaries could offer edibles, concentrates next week
Cannabis-infused edibles, concentrates and vape cartridges are expected to hit dispensaries in Arkansas sometime in the next several days, and the rules for the products are similar to those in…
News May 16
Profit-maker or profiteer? Cannabis industry conflicted on HdL’s influence, impact
More than one industry source contacted by Marijuana Business Daily referred to HdL Cos. as “hypocritical” latecomers to the marijuana industry, a sentiment that stems from many legacy operators being…
News May 16
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