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More states reduce 280E tax burden on cannabis industry
The U.S. cannabis industry is benefiting from long-desired tax relief now that an increasing number of states - 20 so far - have approved laws that exempt, or “decouple,” businesses…
News June 21Big California marijuana distributor Herbl collapses, brands left unpaid, sources say
Herbl, a major licensed California marijuana distribution company, is in receivership after falling behind on a key loan, a source close to the situation confirmed to MJBizDaily on Tuesday.
News June 20Alabama halts medical cannabis licensing process over scoring concerns
The Alabama Medical Cannabis Commission s delaying handing out its initial round of medical marijuana cultivation and retail licenses as it reviews the consistency of its evaluation process.
News June 20New Rhode Island law allows marijuana retail advertisements
Rhode Island is now allowing some advertisements by retail licensees who sell both medical and recreational marijuana.
News June 20Cannabis MSO Ascend Wellness raising $7 million in private placement
Ascend Wellness is planning to raise $7 million in a private placement offering, the New York-based marijuana multistate operator announced Friday.
News June 20Marijuana MSO footprints mapped out in new feature
MJBizDaily mapped a series of visuals illustrating where each marijuana multistate operator is operational.
News June 20Cannabis MSO Acreage streamlines board ahead of Canopy acquisition
New York-based cannabis multistate operator Acreage Holdings streamlined its board of directors to prepare for the company's acquisition by Canopy USA, the American arm of Canadian producer Canopy Growth Corp.
News June 16New York awards adult-use marijuana licenses to Finger Lakes retailers
New York regulators granted the first adult-use marijuana retail licenses in the state’s Finger Lakes region.
News June 16Cannabis retail chain Fire & Flower to be cut from Toronto Stock Exchange
Financially distressed Canadian cannabis retail company Fire & Flower Holdings is being delisted from the Toronto Stock Exchange after filing for creditor protection earlier this month.
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