New York City has more than 1,200 unlicensed weed stores, and one legal one
New York City officials estimate the city hosts over 1,200 illicit stores selling cannabis, compared to the sole licensed dispensary open as of now. The post New York City has more than 1,200 unlicensed weed stores, and one legal one appeared first on Leafly. Read More: New YorkContinue Reading
House Republicans get early jump on marijuana bills for gun owners and veterans
With Republicans now running the House, weed reform focuses on narrower issues for medical marijuana patients. The post House Republicans get early jump on marijuana bills for gun owners and veterans appeared first on Leafly. Read More: House Republicans get early jump on marijuana bills for gun ownersContinue Reading
New York’s First Recreational Marijuana Store Owned By A Person Harmed By Drug War Will Open Next Week, Governor Announces
The governor of New York announced on Thursday that the state’s second adult-use marijuana retailer—which will also be the first to be owned by a person previously criminalized over cannabis—will open next week. The new dispensary, which like the first currently operating one will also be located in Manhattan, isContinue Reading
New Jersey Senate Committee Approves Bills To Let Marijuana Businesses Claim State Tax Deductions As Partial 280E Workaround
A New Jersey Senate committee approved a pair of bills on Thursday that would allow licensed marijuana businesses to deduct certain expenses on their state tax returns, a partial remedy as the industry continues to be blocked from making federal deductions under Internal Revenue Service (IRS) code known as 280E.Continue Reading
Virginia Lawmakers Reject Bill To Allow Psilocybin Access For Medical Use
Virginia lawmakers have rejected a bill that would have allow people with serious mental health conditions to possess and use psilocybin mushrooms with a doctor’s recommendation. The legislation from Del. Dawn Adams (D) wouldn’t have legalized the psychedelic per se, but it would have provided an affirmative defense for thoseContinue Reading
New Jersey Regulators Release New Rules For Marijuana On-Site Consumption Areas, Open Public Comment Period
New Jersey marijuana regulators have filed proposed rules to allow for cannabis consumption areas where adults 21 and older could use marijuana on-site. The New Jersey Cannabis Regulatory Commission (NJ-CRC) says it “expects the new cannabis consumption area rules to have a beneficial social impact by advancing social equity, whileContinue Reading
Minnesota Marijuana Legalization Bill Clears Second House Committee
Another Minnesota House committee approved a bill to legalize marijuana on Thursday, with about a dozen more panels left to go before it reaches the floor. The House Judiciary Finance and Civil Law Committee passed the measure in a voice vote, with amendments. It now moves to the House EnvironmentContinue Reading
Understanding HHC, the Latest Contentious Cannabinoid
The cannabis plant naturally produces more than 100 cannabinoids, and the 2018 Farm Bill legalized all but one of them. The ruling paved the way for the dawn of the CBD age and opened the floodgates to hemp farms from coast to coast. The surge in hemp production subsequently createdContinue Reading
Recreational Marijuana sales in Connecticut top $2 million in first week
Recreational Marijuana sales in Connecticut top $2 million in first week Image Cannabis News January 19, 2023 The average purchase is about $44. HARTFORD – Sales of recreational marijuana went over the $2 million mark since retail locations in Connecticut opened their doors last Tuesday. The Department of Consumer ProtectionContinue Reading
County supervisors will vote on another tax break for cannabis growers – who say it’s still not enough.
County supervisors will vote on another tax break for cannabis growers – who say it’s still not enough. Image Cannabis News January 19, 2023 The Board of Supervisors is scheduled to vote on another tax break for Monterey County cannabis cultivators, who are struggling amid challenging market conditions that haveContinue Reading