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A new bill would provide federal tax relief for cannabis businesses

117th CONGRESS

A new bill would provide federal tax relief for cannabis businesses

State-legal cannabis industry operators could be able to take federal tax deductions that are available to any other business if a new bill is passed, writes Marijuana Moment

They would be able to do this under a congressional bill that was filed on Friday, seeking to amend an Internal Revenue Service (IRS) code known as 280E. 

Marijuana Moment highlights that the legislation was introduced by Rep. Nancy Mace (R-SC) with days left in session in the 117th Congress. However, as new Congress started on Tuesday, the bill as filed will not be advancing and would need to be reintroduced in the new year


Cannabis education is now a feature of Massachusetts driver’s ed

Driver’s education in Massachusetts will now include a module on cognitive and physical impairments caused by cannabis use, reports The Washington Examiner

The state’s Department of Transportation has said the change will come into effect from January 2023. 

Gov. Charlie Baker stated: “Adding information about cannabis to the Massachusetts’s Registry’s driver education class is important for the safety and wellbeing of teens that are just learning to drive. The new cannabis instruction will help individuals make informed decisions and I am pleased that Massachusetts is leading in including it in driver education.”


NEW YEAR, NEW TRENDS

The trends to watch in cannabis for 2023

MJ Biz Daily writes that the new year brings renewed optimism and hope for the cannabis industry, which could see a raft of impactful trends for cannabis business executives. 

While 2022 was not the easiest year for the industry, MJ Biz Daily highlights just some of the positive developments the industry can expect to see in 2023, including: 

– A prolonged slowdown of mergers and acquisitions. 

– Calls for moratoriums in mature markets struggling with too much supply. – Product segmentation at the retail level as consumers become increasingly sophisticated in buying habits. 

– Major consolidation in key markets 

– Legalization efforts redouble after mixed success of 2022


EU TRENDS

What’s in store for the European cannabis industry in 2023? (Part 1)

In this article, BusinessCann explores the coming year for the European cannabis industry. 

The publication highlights that, 2022 saw this wave of excitement about the cannabis industry break sooner than many expected, 2023 is expected to bring yet more change as European countries such as Germany, Czechia and Switzerland push the boundaries of reform across the continent, and European regulators look to be placing more of a focus on harm reduction and human rights. 

Nicholas Morland, CEO of Tenacious Labs, told the publication: “2023 looks set to be another significant year for the UK and European cannabis markets. We are expecting there to be envious looks from European legislators with Germany at the latter stages of legalizing recreational cannabis, which is set to go live in 2024.”

CANNABIS GUIDANCE

Cannabis education is now a feature of Massachusetts driver’s ed

Driver’s education in Massachusetts will now include a module on cognitive and physical impairments caused by cannabis use, reports The Washington Examiner

The state’s Department of Transportation has said the change will come into effect from January 2023. 

Gov. Charlie Baker stated: “Adding information about cannabis to the Massachusetts’s Registry’s driver education class is important for the safety and wellbeing of teens that are just learning to drive. The new cannabis instruction will help individuals make informed decisions and I am pleased that Massachusetts is leading in including it in driver education.”


NEW YEAR, NEW TRENDS

The trends to watch in cannabis for 2023

MJ Biz Daily writes that the new year brings renewed optimism and hope for the cannabis industry, which could see a raft of impactful trends for cannabis business executives. 

While 2022 was not the easiest year for the industry, MJ Biz Daily highlights just some of the positive developments the industry can expect to see in 2023, including: 

– A prolonged slowdown of mergers and acquisitions. 

– Calls for moratoriums in mature markets struggling with too much supply. – Product segmentation at the retail level as consumers become increasingly sophisticated in buying habits. 

– Major consolidation in key markets 

– Legalization efforts redouble after mixed success of 2022


EU TRENDS

What’s in store for the European cannabis industry in 2023? (Part 1)

In this article, BusinessCann explores the coming year for the European cannabis industry. 

The publication highlights that, 2022 saw this wave of excitement about the cannabis industry break sooner than many expected, 2023 is expected to bring yet more change as European countries such as Germany, Czechia and Switzerland push the boundaries of reform across the continent, and European regulators look to be placing more of a focus on harm reduction and human rights. 

Nicholas Morland, CEO of Tenacious Labs, told the publication: “2023 looks set to be another significant year for the UK and European cannabis markets. We are expecting there to be envious looks from European legislators with Germany at the latter stages of legalizing recreational cannabis, which is set to go live in 2024.”

CANNABIS GUIDANCE

Cannabis education is now a feature of Massachusetts driver’s ed

Driver’s education in Massachusetts will now include a module on cognitive and physical impairments caused by cannabis use, reports The Washington Examiner

The state’s Department of Transportation has said the change will come into effect from January 2023. 

Gov. Charlie Baker stated: “Adding information about cannabis to the Massachusetts’s Registry’s driver education class is important for the safety and wellbeing of teens that are just learning to drive. The new cannabis instruction will help individuals make informed decisions and I am pleased that Massachusetts is leading in including it in driver education.”


NEW YEAR, NEW TRENDS

The trends to watch in cannabis for 2023

MJ Biz Daily writes that the new year brings renewed optimism and hope for the cannabis industry, which could see a raft of impactful trends for cannabis business executives. 

While 2022 was not the easiest year for the industry, MJ Biz Daily highlights just some of the positive developments the industry can expect to see in 2023, including: 

– A prolonged slowdown of mergers and acquisitions. 

– Calls for moratoriums in mature markets struggling with too much supply. – Product segmentation at the retail level as consumers become increasingly sophisticated in buying habits. 

– Major consolidation in key markets 

– Legalization efforts redouble after mixed success of 2022


EU TRENDS

What’s in store for the European cannabis industry in 2023? (Part 1)

In this article, BusinessCann explores the coming year for the European cannabis industry. 

The publication highlights that, 2022 saw this wave of excitement about the cannabis industry break sooner than many expected, 2023 is expected to bring yet more change as European countries such as Germany, Czechia and Switzerland push the boundaries of reform across the continent, and European regulators look to be placing more of a focus on harm reduction and human rights. 

Nicholas Morland, CEO of Tenacious Labs, told the publication: “2023 looks set to be another significant year for the UK and European cannabis markets. We are expecting there to be envious looks from European legislators with Germany at the latter stages of legalizing recreational cannabis, which is set to go live in 2024.”

CANNABIS GUIDANCE

Cannabis education is now a feature of Massachusetts driver’s ed

Driver’s education in Massachusetts will now include a module on cognitive and physical impairments caused by cannabis use, reports The Washington Examiner

The state’s Department of Transportation has said the change will come into effect from January 2023. 

Gov. Charlie Baker stated: “Adding information about cannabis to the Massachusetts’s Registry’s driver education class is important for the safety and wellbeing of teens that are just learning to drive. The new cannabis instruction will help individuals make informed decisions and I am pleased that Massachusetts is leading in including it in driver education.”


NEW YEAR, NEW TRENDS

The trends to watch in cannabis for 2023

MJ Biz Daily writes that the new year brings renewed optimism and hope for the cannabis industry, which could see a raft of impactful trends for cannabis business executives. 

While 2022 was not the easiest year for the industry, MJ Biz Daily highlights just some of the positive developments the industry can expect to see in 2023, including: 

– A prolonged slowdown of mergers and acquisitions. 

– Calls for moratoriums in mature markets struggling with too much supply. – Product segmentation at the retail level as consumers become increasingly sophisticated in buying habits. 

– Major consolidation in key markets 

– Legalization efforts redouble after mixed success of 2022


EU TRENDS

What’s in store for the European cannabis industry in 2023? (Part 1)

In this article, BusinessCann explores the coming year for the European cannabis industry. 

The publication highlights that, 2022 saw this wave of excitement about the cannabis industry break sooner than many expected, 2023 is expected to bring yet more change as European countries such as Germany, Czechia and Switzerland push the boundaries of reform across the continent, and European regulators look to be placing more of a focus on harm reduction and human rights. 

Nicholas Morland, CEO of Tenacious Labs, told the publication: “2023 looks set to be another significant year for the UK and European cannabis markets. We are expecting there to be envious looks from European legislators with Germany at the latter stages of legalizing recreational cannabis, which is set to go live in 2024.”

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