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What Is the MORE Act, and How Could It Change Marijuana Policy Forever?

NORML

On the business end, the MORE Act also sets a 5 percent federal tax on all cannabis sales. Justin Strekal: It’s important to remember that none of the states that have reformed their cannabis policies — whether medical or adult-use — were predicated on if Congress decides to move marijuana to Schedule II or III or IV.

Policy 277
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Google Changes Its CBD Advertising Policies

Canna Law Blog

However, Google recently has decided to relax its advertising policies– at least around hemp and hemp CBD products. The applicant must provide a Certificate of Analysis demonstrating the CBD used in the final product complies with federal laws regarding the cultivation and processing of hemp. those FDA letters ).

Policy 68
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Hawthorne Gardening Introduces Energy Advisory Program To Help Cultivators Meet Sustainability Goals – Cannabis Business Executive

SpeedWeed

Port Washington, March 22, 2021 – To help cultivators become more energy- and cost-efficient, Hawthorne Gardening Company, a division of the The Scotts Miracle-Gro Company has launched an Energy Advisory Program through an exclusive partnership with Seinergy, Inc. Said Adam McCuiston, Vice President of Marketing for Hawthorne. 607-275-7141.

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Cannabis Banking: All Businesses are Marijuana Related Businesses

Canna Law Blog

businesses are marijuana related businesses (MRBs). The closest we have to a federal framework is from this 2018 SBA Policy Notice , which categorizes MRBs as “direct”, “indirect”, and “hemp-related businesses.” Cannabis dispensaries, cultivators, processors and testing facilities all fall under this definition.

Banking 98
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Cannabis Business Times and Cannabis Conference Announce Inaugural Cannabis Leadership Awards Recipients

Cannabis Law Report

Cannabis Conference and Cannabis Business Times announced the winners of the 2021 Cannabis Leadership Awards , which recognizes industry professionals who exemplify the leadership qualities needed to inspire and empower those around them and who work to better the industry and their communities. EDITOR: Heather Allman.

Business 105
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Green Growth CPA’s: Illinois Grants Tax Breaks to Cannabis Businesses under 280e Exemption

Cannabis Law Report

Illinois tax policy has undergone a major change for the cannabis industry this legislative session. Cannabis establishments, cultivation centers, and medical cannabis dispensaries can now deduct business expenses on their state taxes currently disallowed on federal taxes under Section 280E of the Internal Revenue Code.

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Iowa Medical Marijuana Laws: Past, Present, and Future

MMJ Recs

However, in recent years, public attitudes towards marijuana have shifted, leading to changes in legislation and public policy. The Iowa Department of Public Health oversees the state’s medical marijuana program, which regulates the cultivation, production, distribution, and use of medical cannabis.

Law 52