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Uncategorized · page 19
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New York’s Unlicensed Cannabis Store Crackdown Ruled Unconstitutional in Major Blow for Legal Operators
In a major setback for New York’s legal cannabis businesses, a state judge has ruled that recently supercharged efforts to close illicit stores are ‘unconstitutional’.
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New York’s Legal Cannabis Market Now ‘Ready to Hit Its Stride’
New York’s legal cannabis market is now ‘ready to hit its stride’ as initially intended following a turbulent entrance into the US adult-use market.
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Hemp Business Owners Sue Texas Authorities, Claim Violations in Allen Store Raids
The Hemp Industry Leaders of Texas (HILT), alongside business owner Sabihe Kahn, have filed a federal lawsuit challenging the constitutionality of a series of police raids on hemp businesses in Allen, Texas.
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Calls for Treasury to Update Tax Guidelines for Cannabis Businesses as Rescheduling Decision Looms
Ahead of the upcoming public hearing on cannabis rescheduling in the US, the American Institute of Certified Public Accountants (AICPA) has called on the Treasury Department to update tax guidelines for cannabis businesses.
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Managers of New York’s Troubled Cannabis Social Equity Loan Scheme to Pocket Millions Despite Failures
New York’s Cannabis Social Equity Investment Fund has so far failed to achieve its intended goal of raising $200m from a combination of public and private investment and helping 150 businesses open up across the state.
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South Dakota Voters Face Historic Choice: Legalize Cannabis Without a Regulated Market
South Dakota voters have a unique opportunity on Election Day. Already the country’s first electorate to see adult-use cannabis legalization measures in three straight election cycles, state voters could become the first to legalize recreational marijuana possession and cultivation without setting up a market for regulated sales.
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New York Fines Illegal Cannabis Store Operator Nearly $10m in Warning to Illicit Market
An unlicensed cannabis store in New York has been fined nearly $10m under the state’s ongoing campaign to quash its rampant illicit market.
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Legal Campaign to Overturn Federal Cannabis Prohibition Gets Oral Arguments Date in ‘Great News’ for Plaintiffs
Ongoing legal efforts to overturn the federal prohibition of cannabis received a welcome boon this week, as the appeals court scheduled a date for oral arguments to take place.
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Arkansas Supreme Court Cancels Upcoming Vote on Medical Cannabis Expansion
The Arkansas State Supreme Court has voted to dismiss an upcoming vote on the expansion of the state’s medical cannabis program, just weeks before the vote was due.
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Young US Women Overtake Men in Cannabis Consumption for the First Time, and Retailers Are Rethinking Their Strategies
Young US women are consuming more cannabis than men for the first time, according to recently published data from the US National Institute on Drug Abuse (NIDA).
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Safer Banking Act ‘Is Not the Beginning of Easy Banking for Cannabis’ Expert States
Sundie Seefried burst onto the cannabis industry scene 10 years ago as the CEO of Partner Colorado Credit Union, where she launched Safe Harbor Financial, a program to service the new marijuana businesses popping up across the state after voters legalized adult use.
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3 out of 4 US Cannabis Reform Bills Expected to Pass This November
November is set to be a critical month for cannabis legalization efforts in the US, with four states placing key cannabis reforms on the ballot.
