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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
Georgia lawmakers pass bill to open 30 medical marijuana oil dispensaries
Legislators in Georgia passed a bill that could pave the way for up to 30 medical marijuana oil dispensaries to open in the state, although the law is still awaiting…
News April 9
Cannabis retailer High Tide files CA$100 million shelf prospectus
Canadian cannabis retail chain High Tide filed a preliminary short form base shelf prospectus in order to raise up to 100 million Canadian dollars ($80 million) over a 25-month period.
News April 9
Health Canada to cease monthly cannabis industry data releases
Canada’s federal health department will no longer be releasing cannabis industry data on a monthly basis, a spokesperson for Health Canada told Marijuana Business Daily, citing priorities related to the…
News April 9
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