{"id":64761,"date":"2023-05-10T02:14:10","date_gmt":"2023-05-10T10:14:10","guid":{"rendered":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2023\/05\/10\/nj-gov-signs-280e-cannabis-tax-bill-newsletter-may-10-2023\/"},"modified":"2023-05-10T05:46:45","modified_gmt":"2023-05-10T13:46:45","slug":"nj-gov-signs-280e-cannabis-tax-bill-newsletter-may-10-2023","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2023\/05\/10\/nj-gov-signs-280e-cannabis-tax-bill-newsletter-may-10-2023\/","title":{"rendered":"NJ gov signs 280E cannabis tax bill (Newsletter: May 10, 2023)"},"content":{"rendered":"

<\/p>\n

Senators want SBA loans for marijuana biz; CA drug war reparations; Bankers want SAFE; NH legalization vote; NORML psychosis op-ed<\/em><\/p>\n

Subscribe<\/a>\u00a0to receive Marijuana Moment\u2019s newsletter in your inbox every weekday morning. It\u2019s the best way to make sure you know which cannabis stories are shaping the day.<\/p>\n

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Your support makes Marijuana Moment possible\u2026<\/b><\/p>\n

Free to read (but not free to produce)!<\/b> We\u2019re proud of our newsletter and the reporting we publish at Marijuana Moment, and we\u2019re happy to provide it for free. But it takes a lot of work and resources to make this happen. <\/span>
\n<\/span>
\n<\/span>If you value Marijuana Moment, invest in our success on Patreon so we can expand our coverage and more readers can benefit: <\/span>https:\/\/www.patreon.com\/marijuanamoment<\/span><\/a>
\n<\/span>
\n<\/span>\/ TOP THINGS TO KNOW<\/b>
\n<\/span>
\n<\/span>Sen. Jacky Rosen (D-NV) led a group of eight senators<\/span><\/a> in urging Appropriations Committee leaders to take steps to ensure cannabis businesses can access federal Small Business Administration loans and other services.<\/span>
\n<\/span>
\n<\/span>Washington State Gov. Jay Inslee (D)<\/span><\/a> signed a bill\u00a0 to protect job applicants from anti-marijuana discrimination during the hiring process.<\/span>
\n<\/span>
\n<\/span>New Jersey Gov. Phil Murphy (D)<\/span><\/a> signed a bill to decouple state tax policy from the federal 280E provision, thereby allowing marijuana companies to deduct business expenses in their state filings.<\/span>
\n<\/span>
\n<\/span>The California Task Force to Study and Develop Reparation Proposals for African Americans<\/span><\/a> is proposing to compensate about two million Black people with a total of nearly $228 billion for racially disproportionate harms that resulted from the war on drugs.<\/span>
\n<\/span>
\n<\/span>The New Hampshire Senate Judiciary Committee<\/span><\/a> voted to recommend that the body kill House-passed marijuana legalization bills as well as a medical cannabis home cultivation measure\u2014but they will still come up for floor consideration, as soon as Thursday.<\/span>
\n<\/span>
\n<\/span>The American Bankers Association<\/span><\/a> is calling on Congress for \u201cswift passage\u201d of marijuana banking legislation that\u2019s set to get a Senate hearing this week.<\/span>
\n<\/span>
\n<\/span>NORML Deputy Director Paul Armentano<\/span><\/a> argues in a new Marijuana Moment op-ed that an emerging alarmist media narrative about cannabis and psychosis largely ignores the actual science on the topic.<\/span>
\n<\/span>
\n<\/span>\/ FEDERAL<\/b>
\n<\/span>
\n<\/span>The National Institute on Drug Abuse<\/span><\/a> is funding research on safe consumption sites for illegal drugs in New York City and Rhode Island.<\/span>
\n<\/span>
\n<\/span>The Drug Enforcement Administration and Substance Abuse and Mental Health Services Administration<\/span><\/a> issued a temporary rule to extend telemedicine flexibilities.<\/span>
\n<\/span>
\n<\/span>A <\/span>Customs and Border Protection<\/span><\/a> official spoke at a Senate Appropriations Committee <\/span>hearing<\/span><\/a> about drug trafficking organizations\u2019 \u201cability to rapidly respond to changes in the drug environment such as the legalization of marijuana.\u201d<\/span>
\n<\/span>
\n<\/span>Sens. Jeff Merkley (D-OR) and Steve Daines (R-MT)<\/span><\/a> spoke about the prospects for their marijuana banking bill.<\/span>
\n<\/span>
\n<\/span>Rep. Nancy Mace (R-SC)<\/span><\/a> spoke about her deal with House Speaker Kevin McCarthy (R-CA) to get a committee vote on her marijuana legalization bill and advance other issues, saying, \u201cIt\u2019s important that I use my one voice and my one vote, my one voice, to advocate and work on the things that South Carolina cares about and the country cares about.\u201d<\/span>
\n<\/span>
\n<\/span>Rep. Marjorie Taylor Greene (R-GA)<\/span><\/a> retweeted a video of President Joe Biden as a senator advocating for drug interdiction, saying, \u201cJoe Biden used to care about the war on drugs & border security, but the Joe Biden in this video isn\u2019t around anymore.\u201d<\/span>
\n<\/span>
\n<\/span>\/ STATES<\/b>
\n<\/span>
\n<\/span>Illinois<\/span><\/a> Gov. J.B. Pritzker\u2019s (D) office said he supports a proposal to consolidate marijuana oversight under a \u200b\u200bsingle regulatory agency.<\/span>
\n<\/span>
\n<\/span>California<\/span><\/a> regulators are modifying rulemaking for standard cannabinoids test method and standardized operating procedures regulations.<\/span>
\n<\/span>
\n<\/span>A <\/span>New Mexico<\/span><\/a> courts official spoke about efforts to expunge marijuana records.<\/span>
\n<\/span>
\n<\/span>A <\/span>New York<\/span><\/a> regulator discussed steps to combat unlicensed marijuana sales.<\/span>
\n<\/span>
\n<\/span>Vermont<\/span><\/a> regulators will hold a networking event on compliant cannabis packaging on Thursday.<\/span>
\n<\/span>
\n\u2014
\nMarijuana Moment is tracking more than 1,000 cannabis, psychedelics and drug policy bills<\/a> in state legislatures and Congress this year. Patreon supporters<\/a> pledging at least $25\/month get access to our interactive maps, charts and hearing calendar so they don\u2019t miss any developments.<\/strong>
\n\"\"<\/a>
\nLearn more about our marijuana bill tracker<\/a> and become a supporter on Patreon<\/a> to get access.
\n\u2014<\/strong><\/strong><\/span><\/p>\n

\/ LOCAL<\/b>
\n<\/span>
\n<\/span>Denver, Colorado<\/span><\/a> officials posted information about the process for marijuana business applications.<\/span>
\n<\/span>
\n<\/span>\/ INTERNATIONAL<\/b>
\n<\/span>
\n<\/span>Ugandan<\/span><\/a> judiciary officials are pushing back against claims that a recent court ruling invalidating a drug law has resulted in the legalization of marijuana.<\/span>
\n<\/span>
\n<\/span>\/ SCIENCE & HEALTH<\/b>
\n<\/span>
\n<\/span>A review highlighted \u201cCBD\u2019s promising biological features for <\/span>dentistry<\/span><\/a> application.\u201d<\/span>
\n<\/span>
\n<\/span>A case study of medical cannabis, melatonin and oxygen\u2013ozone therapy to treat <\/span>glioblastoma multiforme<\/span><\/a> showed \u201ca complete and durable remission of the disease and long survival.\u201d<\/span>
\n<\/span>
\n<\/span>\/ BUSINESS<\/b>
\n<\/span>
\n<\/span>Ascend Wellness Holdings, Inc.<\/span><\/a> reported quarterly net revenue of $114.2 million and a net loss of $18.5 million.<\/span>
\n<\/span>
\n<\/span>WM Technology, Inc.<\/span><\/a> reported quarterly revenue of $48 million and a net loss of $4 million.<\/span>
\n<\/span>
\n<\/span>MariMed Inc.<\/span><\/a> reported quarterly revenue of $34.4 million and a net loss of $664,000.<\/span>
\n<\/span>
\n<\/span>Cronos Group Inc.<\/span><\/a> reported quarterly net revenue of $20.1 million and a net loss of $19.3 million.<\/span>
\n<\/span>
\n<\/span>Innovative Industrial Properties, Inc.<\/span><\/a> reported quarterly revenue of $76.1 million.<\/span>
\n<\/span>
\n<\/span>Emerge Law Group<\/span><\/a> was ordered to pay $7 million in a legal malpractice case brought by Tidewater Investments, LLC over a failure to identify zoning restrictions.<\/span><\/p>\n

Make sure to\u00a0subscribe<\/a> to get Marijuana Moment\u2019s daily dispatch in your inbox.<\/strong><\/p>\n

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The post NJ gov signs 280E cannabis tax bill (Newsletter: May 10, 2023)<\/a> appeared first on Marijuana Moment<\/a>.<\/p>\n


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\nRead More: NJ gov signs 280E cannabis tax bill (Newsletter: May 10, 2023)<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Senators want SBA loans for marijuana biz; CA drug war reparations; Bankers want SAFE; NH legalization vote; NORML psychosis op-ed Subscribe\u00a0to receive Marijuana Moment\u2019s newsletter in your inbox every weekday morning. It\u2019s the best way to make sure you know which cannabis stories are shaping the day. (function() { window.mc4wpContinue Reading<\/a><\/span><\/p>\n","protected":false},"author":459,"featured_media":64762,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[15451],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/64761"}],"collection":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/users\/459"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=64761"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/64761\/revisions"}],"predecessor-version":[{"id":64763,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/64761\/revisions\/64763"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media\/64762"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=64761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=64761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=64761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}