Ascend Wellness and TerrAscend Latest to Challenge 280E
TerrAscend (TSNDF) and Ascend Wellness (AAWH) are following in the footsteps of Trulieve (TCNNF) in amending tax returns with the argument that IRS tax code 280E... Read more.
Maryland Conducts Most of Its Social Equity License Lotteries
The Maryland Cannabis Administration finally conducted its social equity adult-use lottery on March 14, completing 40 out of a previously planned 44 drawings. ... Read more.
MA Starts Scrutinizing Host Community Agreements Under New Regs
The Massachusetts Cannabis Control Commission has begun reviewing existing host community agreements (HCA) after approving new requirements intended to prevent municipalities... Read more.
Questions Remain About Trulieve’s Supposed $113M Tax Win
The difference between how the federal government views medical and adult-use cannabis could be at the center of Trulieve’s (TCNFF) tax strategy, but the Florida-based... Read more.
Appellate Court Rules CA District Court Must Weigh In on Commerce Clause and Cannabis
The Eastern U.S. District Court of California wanted to avoid ruling on whether Sacramento’s requirement that all cannabis storefront owners be city residents... Read more.
Commerce Clause Bid to Block Maryland Licensing Lottery Fails
A lawsuit challenging the criteria for Maryland’s social equity standard failed to block the state’s upcoming licensing lottery in federal court Feb. 27. The... Read more.
Georgia Resident Files RICO Suit Over Cannabis Sold as Hemp-Derived
A Georgia resident, with the help of an attorney who was involved in other lawsuits concerning alleged lab testing fraud, is suing Cookies, Stiiizy and an assortment... Read more.
New York is Finally Back to Issuing Licenses
New York is finally back to approving new cannabis licenses after an abrupt halt following a handful of legal challenges in 2023. The Empire State’s nascent adult-use... Read more.
Massachusetts Cannabis Regulators Plan to Address Growing Vendor Debt
The Massachusetts cannabis market is struggling under an avalanche of unpaid vendor debts, which could simply reflect the growing pains of a maturing market. “I’ve... Read more.
$17M Eaze Penalty Casts Dark Shadow on Cannabis Credit Card Payments
A federal court recently hit a defendant in the Eaze fraud case with an adjusted $17 million fine for his role in a scheme to trick credit card companies into processing... Read more.
