Cannabis vaporizer company Pax Labs cuts 25% of workers after missing revenue projections
California-based Pax Labs, one of the leading vape pen companies in the cannabis industry, disclosed Monday it laid…
News October 21
Latest In: Recreational
Cannabis firm Harborside owes $11 million under 280E, US Tax Court rules
After a lengthy legal fight with the Internal Revenue Service over the applicability of 280E business deductions to…
News October 21
Buying cannabis licenses on secondary market more of a sure bet than applying for state business permits
As the marijuana industry matures and companies expand, many smaller, original growers and retailers are putting their licenses…
News October 17
Colorado’s largest cannabis grower loses millions of dollars in early freeze; supply disruption expected
The largest marijuana grower in Colorado – Pueblo-based Los Sueños Farms – disclosed it lost millions of dollars…
News October 16
Former IRS attorney warns of upcoming ‘tsunami’ of marijuana-related 280E audits
A tax expert who spent six years as an IRS trial lawyer is sounding a new 280E alarm…
News October 16
Colorado proposes rules to ban additives in cannabis vape products
Colorado regulators are finalizing rules to ban certain ingredients from marijuana vaping products, following the lead of other…
News October 15
New California laws allow some marijuana firms to deduct expenses on state returns, help normalize MJ as ag commodity
Cannabis-related bills signed into law by California Gov. Gavin Newsom are significant steps in both providing marijuana businesses…
News October 15
Washington state temporarily bans flavored marijuana vaping products, targeting a third of top-selling MJ vapes
Washington state health regulators voted overwhelmingly on Wednesday to impose a temporary halt on the sale of flavored…
News October 9
CA vape maker Kushy Punch in spotlight amid allegations of illegal cannabis products; firm says goods not for sale
Questions are swirling around a well-known California marijuana vaporizer manufacturer after its facility was raided by state authorities…
News October 9
Life has stabilized for California marijuana testing labs since 2018, but hurdles remain
California's cannabis testing industry was stressed to the brink in 2018, with newly required testing thresholds going into…
News October 7
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