Latest In: recreational marijuana

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CPAs offer 280E guidance to Treasury, IRS ahead of marijuana rescheduling

In a letter to the U.S. Department of Treasury and the IRS, the American Institute of CPAs is…

News October 25
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Delaware awards first adult-use permits for marijuana cultivation, manufacturing

Delaware on Thursday awarded the state’s first adult-use marijuana licenses to cultivators and manufacturers via a lottery.

News October 24
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Minnesota recreational marijuana market on target for 2025 launch, regulator says

Minnesota’s recreational marijuana market is on track to launch in 2025, even as some potential businesses say they’re…

News October 22
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Cannabis operator Canopy Growth reduces loan term by $100 million

Canadian cannabis operator Canopy Growth Corp. made an early payment to reduce a loan term by $100 million…

News October 21
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Illinois adult-use marijuana sales drop 2% in September to $136.5 million

Adult-use marijuana sales in Illinois were down a little more than 2% in September compared to the same…

News October 18
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Connecticut’s cannabis sales decline 12% in September

Total cannabis sales in Connecticut dropped 12% in September, according to recently released data.

News October 15
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Facing receivership, marijuana operator StateHouse Holdings enters bankruptcy

San Diego-based marijuana operator StateHouse Holdings has entered bankruptcy in Canada after its main lender asked that the…

News October 11
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Florida cannabis businesses shut down, halt delivery as Hurricane Milton nears

Florida cannabis businesses began shutting down this week in anticipation of Hurricane Milton, which was expected to make…

News October 9
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Marijuana operator TerrAscend withdraws $26 million from senior secured loan

TerrAscend Corp., a Canadian-headquartered marijuana multistate operator with U.S. assets, said it withdrew $26 million from its $140…

News October 7
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