Federal Court Shuts Down Covid-Era Tax Credit for Cannabis
In yet another example of Covid-era benefits not applying to cannabis companies, a federal court in Washington ruled the Employee Retention Credit (ERC) is not available... Read more.
Minnesota Lottery Chooses 249 Prospective Operators
Minnesota selected 249 prospective adult-use cannabis license winners during its first license lottery on June 5, despite what any email from the state’s Office... Read more.
A Possible Crypto Solution for Cannabis Sales
PDX, a cryptocurrency processor company, is banking on more cannabis consumers and retailers turning toward crypto to get around e-payment barriers. “The cannabis... Read more.
4Front to Enter Voluntary Receivership
4Front Ventures Corp. (FFNTF), whose cannabis businesses once spanned nine states, is now planning to hand the company over to a court-appointed receiver to sell... Read more.
Market Saturation May Narrow NY Retail Pipeline
The Office of Cannabis Management (OCM) said it will likely have to limit possible approvals for applicants who have already been waiting about a year-and-a-half... Read more.
Maryland Approves Cannabis Business Employee Ownership
As Maryland’s adult-use cannabis market approaches its two-year anniversary, dispensary owners now have a way out of a business without having to wait five years... Read more.
PA Senate Committee Rejects State-Run Dispensaries
Pennsylvania Republican senators firmly oppose state-run dispensaries, and they are not the first lawmakers to reject the idea. The latest attempt to legalize adult-use... Read more.
Cannabis Inversion Is a Problem Not Just in NY
States choosing to legalize cannabis have always had to deal with legally grown products spreading into communities where it might still be illegal. But as a greater... Read more.
Alabama Judges Voids Third Attempt at Medical Licensing
Sixteen months after issuing a restraining order that an appellate court recently overturned, a Montgomery County judge officially ended the Alabama Medical Cannabis... Read more.
Missouri Regulators Revoke Another 25 Licenses
Missouri has once again eliminated a portion of the social equity microbusiness licenses it selected during last summer’s lottery due to ownership concerns. The... Read more.
