Remove news tags legal-cases
article thumbnail

Op-Ed: Gov. Kristi Noem: ‘Legalizing industrial hemp legalizes marijuana by default’

Cannabis Law Report

As a farmer and rancher, I would be thrilled to get a new crop into the hands of our producers, especially as our ag markets struggle. A new source of revenue for farmers would be great. Legalizing industrial hemp legalizes marijuana by default. A recent NBC News article reiterated this message.

Hemp 49
article thumbnail

The IRS Offers Some Clarity on Tax Deductions in the Cannabis Industry

Veriheal

For many states, tax revenue is a motivating factor when it comes to legalizing cannabis. First of all, customers purchasing cannabis, whether for recreational or medical use, pay taxes when they purchase legally. That’s good news for the state—another source of income that can be used for things that benefit all the state’s residents.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Average Price of Cannabis 17% Higher Since Legalization

WeedAdvisor

If there is one argument that some have against legalization, it is the issue of pricing. According to Kelowna Capital News , the average price of illegal cannabis is 17% higher roughly three months after legalization. Cannabis Prices Since Legalization. before the drug was legalized on Oct. 17 up to $8.02

article thumbnail

Article: At Least We Now Know Why Weedmaps Didn’t Want to Get Rid of the Illegal Listings on Their Website

Cannabis Law Report

Weedmaps, or now known as WM Technology on Wall Street, had a horrendous stretch of bad news and dismal financial reporting over the past few weeks. For example, it was mentioned that their software business and SaaS models they offer to legal dispensaries for menu management, order processing, and compliance has gross margins of 96%.

article thumbnail

Tilray Acquires Majority Position in Amended MedMen Convertible Notes

SpeedWeed

After being traded from the Atlanta Falcons to the Tennessee Titans this offseason, swapping his black and red jersey for a red, white, and blue one, his focus will be on the color green, as in the color of all the money that he is going to need to pay legal fees. The case is titled Genetixs, LLC v. The reasons?

article thumbnail

Nearly Half of U.S. Adults Report Trying Cannabis; Percentage of Regular Smokers Remains Unchanged

SpeedWeed

After being traded from the Atlanta Falcons to the Tennessee Titans this offseason, swapping his black and red jersey for a red, white, and blue one, his focus will be on the color green, as in the color of all the money that he is going to need to pay legal fees. The case is titled Genetixs, LLC v. The reasons?

article thumbnail

Illinois Judge Says Ongoing Lawsuit Could Cause Cannabis Licensing Redo

SpeedWeed

After being traded from the Atlanta Falcons to the Tennessee Titans this offseason, swapping his black and red jersey for a red, white, and blue one, his focus will be on the color green, as in the color of all the money that he is going to need to pay legal fees. The case is titled Genetixs, LLC v. The reasons?