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California cannabis regulators’ fraud case against testing lab unravels
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Uber could get into cannabis delivery business, CEO says
Uber could branch into cannabis deliveries if the federal government repeals its national marijuana prohibition, the CEO of the ride-sharing pioneer said Monday. “When the road is clear for cannabis,…
News April 12
NM medical marijuana processor cited for additional violations after explosion
Medical marijuana regulators in New Mexico reportedly found numerous violations when they inspected New MexiCann Natural Medicine’s operation after an October explosion that critically injured two employees. Inspectors noted untagged…
News April 12
Aphria loses CA$361 million as cannabis revenue plunges 24%
Leamington, Ontario-based cannabis producer Aphria reported a net loss of 361 million Canadian dollars ($287 million) for the three months ended Feb. 28, 2021, after its marijuana revenue plunged almost…
News April 12
Documents reveal how IRS became more adept at evaluating marijuana company taxes
The Internal Revenue Service has been scrutinizing the books and records of marijuana companies for more than a decade, ordering business owners to hand over tens of millions of dollars…
News April 12
Massachusetts marijuana retailer challenges community impact fees
A marijuana retailer in Haverhill, Massachusetts, is alleging in a lawsuit that officials in the store’s host city are violating state law by not justifying the need for so-called community…
News April 12
Newly released IRS documents detail efforts to collect taxes from marijuana companies under 280E
The IRS has been fixated on the state-legal marijuana industry for more than a decade, largely because it's been extremely lucrative for the federal agency to audit cannabis companies.
News April 12
A primer on marijuana-related IRS terminology
Here are explanations of terminology the IRS uses in relation to marijuana-related tax issues.
News April 12
Best practices for purchasing a secondary cannabis business license
Cannabis business owners seeking to sell their operations on the secondary market are sitting in the catbird seat, experts say. Multistate operators wishing to expand their footprints are fueling demand,…
News April 11
Judge stops Detroit adult-use cannabis licensing over residency dispute
A federal judge has temporarily halted Detroit regulators from processing adult-use cannabis license applications in response to a suit challenging the constitutionality of a city ordinance giving preference to longtime…
News April 9
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