Accounting group pushes for clarity as questions around cannabis tax rules mount Image Cannabis News October 24, 2024 The Supreme Court’s Chevron decision introduces a fresh aspect to demands for a definitive transition framework. The IRS is under growing pressure to clarify cannabis tax regulations, as a significant Supreme CourtContinue Reading
Upstate New York shop fined $9.5 million for unlicensed marijuana sales Image Cannabis News October 24, 2024 The penalty consists of “a mix of disgorgement, administrative fines, daily penalties, and revenue-based penalties.” A small store in upstate New York near Rochester has been slapped with a $9.5 million fine afterContinue Reading
NJBAC kicks off cannabis workforce development program Image Cannabis News October 24, 2024 The New Jersey Business Action Center introduced a free, online training program designed to assist diverse entrepreneurs in establishing themselves in the state’s cannabis sector. After its October 16 launch, the Cannabis Training Academy provides technical support,Continue Reading
DeSantis Stirs Pot Again With More Anti-Marijuana Ads Funded By Taxpayers, Including One Linking Cannabis To Domestic Violence Image Cannabis News October 24, 2024 Florida Governor Ron DeSantis (R) is under new scrutiny for allegedly using state agencies and taxpayer-funded advertisements to bolster his campaign against a marijuana legalization initiativeContinue Reading
A federal appellate court has set the date for oral arguments in a case aimed at ending the U.S. government’s prohibition on marijuana, scheduling the matter for December 5—three days after a separate hearing on the Biden administration’s proposed rescheduling of marijuana. The U.S. Court of Appeals for the FirstContinue Reading
One of the sharpest differences between the two major candidates for New Hampshire governor is their differing stances on marijuana legalization: Republican Kelly Ayotte, who has a narrow lead in the polls, says she would oppose the policy change, while Democrat Joyce Craig has pledged to support it. During aContinue Reading
The retailer Urban Outfitters has teamed up with a cannabis company to sell joint rollers and pre-roll papers at its shops across the country—one of the latest examples of how the marijuana industry is entering into mainstream commerce. DaySavers’s “Perfect Pack” machine and 10-pack of cones are available in-person andContinue Reading
Delaware officials have announced the state’s first cannabis licensing lottery to select over 700 businesses that will serve the adult-use market that’s set to launch next year. The Office of the Marijuana Commissioner (OMC) said in a notice that the lottery will be held on Thursday. Of the more thanContinue Reading
As Florida Gov. Ron DeSantis (R) marches forward in his campaign to oppose a marijuana legalization ballot initiative ahead of Election Day, the state Department of Health and surgeon general are promoting new warnings about the potential impact of cannabis on youth. DeSantis has faced criticism in recent weeks overContinue Reading
Newly released polling results out of Nebraska suggest that nearly 6 in 10 registered voters favor legalizing medical marijuana through a pair of initiatives on the ballot next month. Another third say they’re opposed to the policy change, while fewer than 1 in 10 remain undecided. The release of theContinue Reading
