MJBizDaily

Latest Posts

Close-up view of U.S. tax return

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.

News July 1
Image of rolling farm fields in Balltown, Iowa.

Iowa hemp law now in force despite court challenges

Iowa's new hemp law went into effect Monday, only days after a lawsuit against the statute was denied and another challenge was filed.

News July 1
Image of colorful gingerbread houses on Martha's Vineyard

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.

News July 1
Image of flower being tested at state-regulated cannabis lab

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…

News July 1
Retail shelves displaying hemp-derived products that do not contain THC

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.

News June 28
, Home

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.

News June 28
Image of lady justice

Verano raises ante in suit against marijuana operator 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 $861 million…

News June 28
Image of a hemp field

Draft Farm Bill amendment puts hemp industry at risk

Some in Congress are threatening to dismantle the hemp industry, which was built by small businesses and American farmers.

News June 28
Image of Louisville, Kentucky, skyline

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.

News June 27
MJBizCon Logo