Cannabis businesses using employee stock ownership plans to skirt 280E
Employee stock ownership plans are a financial tool that cannabis businesses in some states have been taking advantage of since about 2023.
US Supreme Court rejects challenge to Mississippi’s marijuana advertising ban
Advertisements by state-licensed medical marijuana businesses in Mississippi don’t enjoy First Amendment free-speech protections.
Cannabis operator Red White & Bloom restructures debt
Canada-based cannabis multistate operator Red White & Bloom Brands has restructured about 145 million Canadian dollars ($105 million) of issued outstanding debt as part of a larger debt-renewal program.
California tax agency confirms it will raise cannabis excise rate to 19% on July 1
Despite the concerns of California’s regulated marijuana industry and lawmakers, the state’s tax agency says it will carry through on plans to increase the cannabis excise tax rate from 15% to 19% on July 1.
Marijuana delivery company Eaze Technologies files bankruptcy
Marijuana delivery company Eaze Technologies filed for Chapter 7 bankruptcy in March after selling and transferring its assets to creditors.
Marijuana rescheduling will be among DEA nominee’s ‘priorities’ but …
President Donald Trump’s nominee to head the U.S. Drug Enforcement Administration told a Senate committee that reviewing the agency’s administrative process to reclassify marijuana will be “one of my first priorities” if he is confirmed.
The great cannabis cultivation debate: hand- or machine-trim?
Choosing whether to trim cannabis by hand or machine is a decision that impacts both the final aesthetic and the perceived quality of marijuana buds as well as a cultivator’s operational efficiency and the bottom line.
