Will Rescheduling Cannabis Entice More Banks?
National cannabis reform may be on the horizon, but what would that mean for banks working with an industry that’s already expected to surpass $35 billion... Read more.
4th Circuit Upholds Maryland’s Social Equity Program
The Fourth Circuit Court of Appeals ruled in favor of Maryland’s social equity licensing rules, affirming the denial of a preliminary injunction against a series... Read more.
Metrc and BioTrack Form Partnership
Metrc and BioTrack, the two dominant providers of seed-to-sale (STS) digital platforms for legal cannabis markets, have joined forces. But the companies say they... Read more.
Michigan Shuts Down Two Labs, Bans Owners
The wave of state enforcement actions against cannabis testing labs hit Michigan this week with the Cannabis Regulatory Agency ordering the shutdown of Viridis Laboratories.... Read more.
2nd Circuit Rules Dormant Commerce Clause Applies to Cannabis
The Second Circuit Court of Appeals ruled, in a 2-1 decision, that the dormant commerce clause of the U.S. Constitution applies to cannabis, despite the plant’s... Read more.
NY Will Allow Outdoor Growers to Come Inside
New York’s Cannabis Control Board approved a new rule that would allow legacy growers who launched the adult-use market to convert to mixed-light or indoor grows... Read more.
D.C. Operator Pleads Guilty to $1.2M Tax Evasion
Herbal Alternatives II appears to be no more, after its owner pleaded guilty to tax evasion and transferred their license to another entity before fending off a... Read more.
Missouri Revokes Manufacturer’s License After Massive Recall
Regulators in Missouri stripped C&C Manufacturing of its cannabis manufacturer’s license on July 17, following a massive product recall last summer. The revocation... Read more.
Kentucky Launches Medical Cultivation Amid Legal Challenge
Kentucky’s first licensed medical cannabis cultivator is open for business, despite continued pushback over how the state conducted its licensing lotteries last... Read more.
Payroll, Benefits Plans Cause Regulatory Headaches
The cannabis banking dilemma extends much further than simply needing a place to deposit sales revenue. Payroll and benefits plans also need bank accounts, which... Read more.
