Month: May 2024 (Page 7)

Cannabis shops back up for debate at Centre Wellington council Image Cannabis News May 28, 2024 The future of cannabis stores in Centre Wellington is once again up for debate. Last December, council deferred a decision on whether pot shops could legally open in the township. The questions were thenContinue Reading

What impact would Reclassifying Marijuana federally have on Minnesota Cannabis businesses? Image Cannabis News May 28, 2024 DOJ Proposes Marijuana Reclassification to Schedule III, Offering Major Tax Relief for Cannabis Businesses. The U.S. Department of Justice recently proposed a rule that would shift marijuana from a Schedule I to aContinue Reading

Hemp regulation law advances, craft brewers warn of small business harm Image Cannabis News May 28, 2024 Illinois Senate Passes Controversial Bill to Regulate Hemp-Derived Cannabinoids, Sparking Industry Backlash. House Bill 4293, which originally dealt with penalties for sex offenders in the massage therapy industry, was gutted and replaced withContinue Reading

More than one-third of adults may qualify for social equity Cannabis licenses Image Cannabis News May 28, 2024 Minnesota’s New Cannabis Equity Rules Could Benefit Up to 40% of Adults. Between 30% and 40% of Minnesota adults could plausibly qualify as “social equity” applicants for cannabis business licenses, according toContinue Reading

Jelly Roll Says Cannabis Keeps Him “Sober” From Harder Drugs Image Cannabis News May 28, 2024 Jelly Roll Credits Marijuana for Sobriety and Anxiety Relief Amid Battle with Addiction. In a recent interview with Taste of Country, singer Jelly Roll admitted that marijuana has helped stop him from using harderContinue Reading

Let’s shift from explaining NY’s Cannabis problems to solving them Image Cannabis News May 28, 2024 Navigating the Pitfalls: New York’s Cannabis Regulation Struggles. New York’s implementation of the Marijuana Regulation & Taxation Act (MRTA) has been plagued by many of the same challenges states that have gone before themContinue Reading

Cannabis businesses can pay up to 80% in taxes. Could easing federal restrictions provide relief? Image Cannabis News May 28, 2024 Struggling to Thrive: How Federal Tax Code Penalizes Legal Cannabis Businesses. The changes could help smaller independent businesses that are struggling to stay afloat A few years ago, PaytonContinue Reading

DEA Clarifies Hemp Rules: Impact on Cannabis Industry Image Cannabis News May 28, 2024 DEA’s THCA Ruling Sparks Alarm in Hemp Industry, Influences Farm Bill Debate. DEA’s THCA ruling could drastically impact the hemp and cannabis industry. DEA’s stance influences the Farm Bill’s discussions on hemp regulations. Stakeholders advocate forContinue Reading