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IRS: Marijuana cash transactions aren’t automatically suspicious

Large cash transactions by marijuana businesses should not automatically be reported as suspicious, according to new IRS guidance.

News March 19
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Florida bill aims to award medical cannabis licenses to 3 Black farmers

Florida lawmakers are again trying to expand the number of medical cannabis licenses reserved for Black farmers in the state - a contentious issue that has been under debate for…

News March 19
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Amyris to pay cannabinoid manufacturer Lavvan $15.1 million in settlement

Biotech company Amyris will pay its former business partner, cannabinoid manufacturer Lavvan, $15.1 million as part of a settlement agreement that ends years of litigation.

News March 19
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Massachusetts marijuana stores sue town over host community fees

Three state-regulated marijuana retailers in western Massachusetts are suing a town government for almost $6 million over "community impact fees" levied as part of their host community agreements.

News March 19
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Curaleaf buying Canadian cannabis operator with eye on global markets

Curaleaf Holdings is continuing its international expansion by signing a deal to acquire Northern Green Canada, a licensed cannabis producer focused primarily on meeting demand in the import-export market.

News March 19
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THCA meets legal definition of hemp, operators say – but not everyone agrees

Intoxicating cannabis is being sold in accordance with state laws. But it’s not sold as marijuana - it's labeled THCA, which is psychoactive when heated.

News March 19
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New York governor orders exam of cannabis regulator, adult-use licensing

New York's governor has ordered examiners to assess the state’s cannabis regulator and processes related to adult-use licensing.

News March 18
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DEA is working ‘quickly’ on marijuana rescheduling, Vice President Harris says

The U.S. Drug Enforcement Administration is "working as quickly as possible" on potentially rescheduling marijuana, according to Vice President Kamala Harris.

News March 18
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Retailer High Tide acquires premium cannabis brand Queen of Bud for CA$1M

Canadian cannabis retailer High Tide has entered into a definitive agreement to acquire high-end brand Queen of Bud, including all intellectual property, trademarks and other assets.

News March 18
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