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Stop taxing Marijuana companies as illegal dealers
Business & Finance
Stop taxing Marijuana companies as illegal dealers Image Cannabis NewsAugust 25, 2023 Marijuana retailers end up paying corporate taxes that are much higher than those paid by retail businesses. Congress should change the 280E tax law that puts them at a disadvantage. Theory Wellness operates like any other Massachusetts business. It abides by stat
Do Cannabis farms count as agriculture? The answer could cost Michigan Schools
Business & Finance
Do Cannabis farms count as agriculture? The answer could cost Michigan Schools Image Cannabis NewsAugust 25, 2023 Cannabis cultivators take great care. Transferring a seedling from its mother plant to new pots. It joins its siblings in a highly-controlled room. Twelve hours of light, 12 hours of darkness. Its vegetative state is critical to its mat
Stratford approves Cannabis production facility, snack-maker in boost to adult-use industry
Business & Finance
Stratford approves Cannabis production facility, snack-maker in boost to adult-use industry Image Cannabis NewsAugust 25, 2023 In a boost to the local adult-use cannabis industry, town officials have approved plans from two companies to open separate facilities to grow the product and make THC-infused snacks and drinks. The Stratford Zoning Commiss
Santa Barbara County to add fee on Cannabis operators to pay for data access
Business & Finance
Santa Barbara County to add fee on Cannabis operators to pay for data access Image Cannabis NewsAugust 24, 2023 Santa Barbara County Supervisors Pass First Reading of Cannabis Fee Addition Despite Dissent. An ordinance amendment that will add another fee to cannabis operations was approved Tuesday on a first reading by the Santa Barbara County Boar
Warren City Council tables Recreational Marijuana proposal
Business & Finance
Warren City Council tables Recreational Marijuana proposal Image Cannabis NewsAugust 24, 2023 Outgoing councilman says Warren is missing out on tax revenue. A resolution to bring recreational marijuana to Warren was tabled by City Council after a discussion that became heated at times Tuesday. Councilman Ronald Papandrea introduced the proposal whi
Don’t overlook the supply chain: issues facing Cannabis processors
Business & Finance
Don’t overlook the supply chain: issues facing Cannabis processors Image Cannabis NewsAugust 23, 2023 Over the past 20 years in New York, I have built companies in the middle of the supply chain (design, manufacturing, marketing, distribution). I have been a successful business builder and a job creator. Now, I am one of the first female processors
Way cleared for Cannabis dispensary in Wood River
Business & Finance
Way cleared for Cannabis dispensary in Wood River Image Cannabis NewsAugust 22, 2023 Wood River Cannabis Dispensary Gets Green Light as Council Opts Against Referendum. There will be a cannabis dispensary in downtown Wood River; there won’t be a referendum to approve it. Hamstrung by the actions of a prior administration, councilmen opposed to the
Miami cannabis company proposes 64,000-square-foot Connecticut cultivation center
Business & Finance
Miami cannabis company proposes 64,000-square-foot Connecticut cultivation center Image Cannabis NewsAugust 22, 2023 A Florida-based company is looking for permission to build a 64,000-square-foot cannabis-growing center in the southern end of Bloomfield only blocks from the Hartford line. AYR Wellness operates dispensaries in six states, and wants
Oklahoma sheriff auctioning 19 acres from seized Marijuana farm
Business & Finance
Oklahoma sheriff auctioning 19 acres from seized Marijuana farm Image Cannabis NewsAugust 22, 2023 A former illegal marijuana grow farm in Johnston County will go on the auction block next month. The Johnston County Sheriff’s Office announced Tuesday that a 19.24-acre lot near Coleman will be available from Sept. 11 to Sept. 13 at an online auction
Cheech & Chong still smoking after five decades as Cannabis icons
Business & Finance
Cheech & Chong still smoking after five decades as Cannabis icons Image Cannabis NewsAugust 22, 2023 When it comes to cannabis culture, no two names are more prominent than Cheech and Chong Entertaining the marijuana masses for over 50 years, the duo defined stoner comedy. After meeting in Vancouver, Canada, in the late 1960s, Tommy Chong and Cheec
Injunction halting Marijuana licensing sparks confusion in industry
Business & Finance
Injunction halting Marijuana licensing sparks confusion in industry Image Cannabis NewsAugust 22, 2023 State Supreme Court Justice Kevin R Bryant issued an injunction Friday stopping New York's marijuana licensing program amid a lawsuit filed by four veterans. ALBANY — Marijuana retail store operators and applicants hoping to become one have been l
Pharma Industry showing ‘Growing Interest’ in Cannabis
Business & Finance
Pharma Industry showing ‘Growing Interest’ in Cannabis Image Cannabis NewsAugust 22, 2023 Big-pharma has so far been cautious of diving headfirst into the cannabis industry, despite the growing body of evidence surrounding its medical benefits. Pharmaceutical cannabis sales are set to top $1.11bn this year, with the world’s largest and most lucrati
MJ Market could generate $275-403M in taxes in first five years in Ohio
Business & Finance
MJ Market could generate $275-403M in taxes in first five years in Ohio Image Cannabis NewsAugust 21, 2023 Will Ohio be the next state to usher in a new era of reform and recreational cannabis? Ohio just approved a statewide vote on adult-use cannabis on November’s upcoming ballot, and it’s looking like business would be booming should it be approv
Real Estate Veteran aims to assist minorities and women in Cannabis Sector
Business & Finance
Real Estate Veteran aims to assist minorities and women in Cannabis Sector Image Cannabis NewsAugust 21, 2023 Gloria Govan Takes the Helm as General Partner at Alta II, Pioneering Accessible Real Estate Financing for Minority-Owned Cannabis Ventures. On Wednesday, RLNTLSS Brands founder and President Gloria Govan announced her appointment as Genera
Cresco CEO still believes federal reform is possible
Business & Finance
Cresco CEO still believes federal reform is possible Image Cannabis NewsAugust 21, 2023 Cresco Labs CEO Optimistic About Federal Marijuana Reform Despite Delays, Anticipates Positive Progress in DC. During the Chicago-based company’s most recent earnings call, Cresco Labs CEO Charles Bachtell strongly implied that he believes federal marijuana refo
Middle-aged US adults binge drinking and using Marijuana at record levels
Business & Finance
Middle-aged US adults binge drinking and using Marijuana at record levels Image Cannabis NewsAugust 18, 2023 Alarming Surge: Binge Drinking, Vaping, Marijuana Use Record High Among US Adults, University of Michigan Study Finds. Binge drinking, vaping, marijuana use, and hallucinogen consumption reached an all-time high among US adults in 2022, show

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