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Tax Court’s decision in Harborside A Big Challenge For CA Cannabis Dispensaries

Cannabis Law Report

Tax Court has issued a final decision under Tax Court Rule 155 on the income tax deficiency for Patients Mutual Assistance Collective Corporation (“PMACC”), the Company’s 100% owned subsidiary and owner of the iconic Harborside Oakland cannabis dispensary. million for the fiscal years 2007 through 2012.

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Three years after legalization, what’s the state of the cannabis industry in Canada?

The Cannigma

In 2018 Canada legalized recreational cannabis use, becoming the first G7 country to do so and only the second country after Uruguay, which legalized cannabis in 2013. How dispensaries work in Canada. Unlike the US, Canada does not have a cash-only policy for dispensary purchases. Canada: a global cannabis trailblazer.

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Hollister Biosciences Inc. Announces strategic initiatives including a planned rebrand, executive and board updates

Cannabis Law Report

The brand is being created to represent a focused vision towards becoming a leading house of brands with a mission to empower consumers with access and a variety of trusted cannabis packaged goods. Venom Extracts has strong brand recognition and distribution, with products in the vast majority of dispensaries in Arizona.

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Rep Heck: We’re late to implement the SAFE Banking Act. Read his press release, the draft bill & full meeting package

Cannabis Law Report

I fear dispensary employees being at great risk. Perlmutter and Heck first introduced a legislative proposal to allow marijuana-related businesses in states with existing regulatory structures to access the banking system on July 10, 2013 and have introduced similar bills every Congress since 2013. DRAFT BILL PDF.

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Delta-8 pirates are scamming consumers and legit brands—and the feds don’t care

SpeedWeed

Two of the three products turned out to be brandless packages of supposed delta-8 products, with no indication of where they came from. He recognized a small sticker slapped onto the package of supposedly delta-8 THC-infused Flamin’ Hot Cheetos. . When Sam Slosburg saw the photo, he was shocked. It was his own company’s logo. .

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CDC study finds teen pot treatment admissions plummeted

SpeedWeed

Beau Kilmer, director of the RAND Drug Policy Research Center, and a senior policy researcher at the RAND Corporation said: “With respect to recreational cannabis legalization, the bulk of the peer-reviewed research suggests that it’s not associated with an increase in the past-month prevalence so far, and some studies suggest a decrease.”.

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Rhode Island: Gov. Raimondo’s Proposed Marijuana Legalization Budget Plan

NORML

per-package limit.). In June, 2018, the Rhode Island General Assembly approved a state budget that includes a proposal to increase the fee medical marijuana dispensaries pay annually for licenses from $5,000 to $250,000. Rhode Island decriminalized minor marijuana-possession offenses in 2013. squares would conform to the 100-mg.-per-package