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280E 280E marijuana taxes cannabis rescheduling dea dea marijuana rescheduling federal rescheduling internal revenue code section 280E James Lankford Pete Ricketts U.S. Drug Enforcement Administration
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GOP senators’ bill would keep 280E for cannabis operators permanently intact

Two Republican U.S. senators have introduced a bill that would continue to ban federal tax deductions for the…

News February 10
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MediPharm cancels $5.5 million sale of Ontario cannabis facility to Kensana

Canadian cannabinoid company MediPharm Labs is halting the previously announced sale of its Napanee, Ontario, facility to Kensana…

News February 10
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MSO iAnthus selling cannabis stores, cultivation facility in Arizona

Cannabis multistate operator iAnthus Capital Holdings is selling two Arizona marijuana stores and a cultivation facility to Sonoran…

News February 7
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Illinois posts record $2 billion in cannabis sales in 2024

Total sales of adult-use and medical marijuana in Illinois topped a record $2 billion in 2024.

News February 6
Cannabis industry finance company SHF Holdings doing business as Safe Harbor Financial on Monday announced a plan to modify its financial agreement with Partner Colorado Credit Union. Partner Colorado Credit Union promissory note Safe Harbor Financial Sundie Seefried Terry Mendez
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Marijuana finance company Safe Harbor pauses promissory note payments

Marijuana industry finance company SHF Holdings, doing business as Safe Harbor Financial, is seeking to modify its financial…

News February 3
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Cannabis MSO Tilt Holdings selling Massachusetts store, closing another

Multistate operator Tilt Holdings is divesting itself of two cannabis stores in Massachusetts.

News February 3
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Marijuana cultivator Bright Green to file for bankruptcy protection

Marijuana cultivator Bright Green Corp. plans to file for Chapter 11 bankruptcy reorganization after reaching an agreement with…

News January 31
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Scotts Miracle-Gro to spin off marijuana arm Hawthorne into separate business

The Scotts Miracle-Gro Co. plans to spin off its marijuana unit, Hawthorne Gardening Co., into a stand-alone operation…

News January 30
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Sundie Seefried, CEO of Safe Harbor cannabis financial services firm, is retiring

Business transformation expert Terry Mendez will become CEO of Safe Harbor Financial after Sundie Seefried retires from the…

News January 29
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Why 2025 could be a banner year for cannabis investors

Today’s cannabis market environment presents an unparalleled opportunity for investors, thanks to unique deal structures and compelling valuations.

News January 28
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