Minority marijuana companies need federal relief, advocate tells Congress

Small and minority-owned marijuana companies likely won’t survive without some help from Congress, an industry insider testified before a subcommittee hearing.

What cannabis companies should know about using mailers as a marketing tool

Kentucky-based Cornbread Hemp has included mailers in its marketing strategy for at least two years.

But a recent tweak to the company’s messaging on a promotional postcard brought more attention than it bargained for – so much so, it’s been flooded with orders and incited some worry among Cornbread Hemp’s customer base.

Maine fights to keep medical cannabis residency rule

A top regulator and industry group are fighting to keep Maine’s residency requirement for medical cannabis business owners.

SPAC raises $200 million to target cannabis-related companies

A California-based special purpose acquisition company (SPAC) raised $200 million in an initial public offering to target companies involved in the growing medical cannabis or cannabinoid industry.

How accounting practices can impact cannabis industry deals

As the cannabis industry has begun to mature, there has been a surge in mergers and acquisitions, joint ventures, partnerships and other combinations.

SAFE Banking status: Q&A with marijuana industry ally US Rep. Ed Perlmutter

U.S. Rep. Ed Perlmutter’s political crystal ball proves correct.

The Colorado Democrat is confident the SAFE Banking Act – which Perlmutter has sponsored every congressional cycle since first introducing it in 2013 – will be signed into law by President Joe Biden either this year or in 2022.

US senators ask Justice Department to deschedule marijuana

U.S. Sens. Cory Booker and Elizabeth Warren last week sent a letter to U.S. Attorney General Merrick Garland urging that the Department of Justice remove marijuana from the federal Controlled Substances list.

Key US House panel approves marijuana legalization – again

The U.S. House Judiciary Committee on Thursday advanced the sweeping social justice-focused marijuana legalization bill known as the MORE Act in a first step toward passage in the full House.

How to ensure your cannabis business can clear wage-compliance hurdles

As the cannabis industry continues to grow, it is important to stay on top of wage and hour issues that could upend a growing company.

Marijuana trade groups offer comments on Schumer’s federal legalization bill

Several national marijuana trade organizations and activist groups submitted written comments about a draft of the most recent federal marijuana reform measure, highlighting the need for lower taxes and interstate commerce.