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Review: Fox River Chem by IC Collective

Illinois News Joint

Despite claiming the 3rd largest legal cannabis market in America, Illinois has relatively few “signature” strains. IC Collective is helping right this wrong by naming of one of its first drops, Fox River Chem, after a tributary of the Illinois River. IC Collective has drying and curing skills that exceed many Illinois cultivators.

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Review: Cali Sour by IC Collective

Illinois News Joint

This week, the new craft grow team at IC Collective dropped five new strains as part of its Illinois launch. To learn more about cannabis-friendly events in Illinois, visit here. For more Illinois cannabis industry news, visit here. I’m looking forward to sampling the rest of the stains and the many more soon to come.

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Review: Pheno Hunt #2 Live Rosin by IC Collective

Illinois News Joint

The latest operator to hit the market, IC Collective , has focused first and foremost on premium flower and rosin. To learn more about cannabis-friendly events in Illinois, visit here. For more Illinois cannabis industry news, visit here. Pheno Hunt #2 is a cultivar of unknown origin.

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Richmond Compassionate Care Collective v. Koziol, et al., Case No. MSC16-01426

Cannabis Law Report

A California jury last week handed down what has been reported to be the first antitrust jury verdict involving the cannabis industry. As the cannabis industry continues to grow and evolve, cannabis-related antitrust disputes may well increase. The case, Richmond Compassionate Care Collective v. Koziol, et al.

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Alert: Newsom To Present Cannabis Tax Simplification Solutions To Legislature

Cannabis Law Report

Good afternoon, The Governor’s Office today released a revised 2022-23 state budget proposal, building on the state’s ongoing work to make historic investments in California’s future, including efforts to create a safe, sustainable, and equitable legal cannabis market. million to help expand access to legal retail throughout California.

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Tax Practitioners’ Meeting includes Section 280E cannabis deduction

Illinois News Joint

The Illinois Department of Revenue (IDOR) today hosted the 2023 Tax Practitioners’ Meeting and PowerPoint presentation. The presentation included one significant cannabis tax item, the business expense deduction for licensed Illinois cannabis businesses. For more Illinois cannabis industry news, visit here.

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Reminder: FREE Webinar on Distressed Cannabis Businesses

Canna Law Blog

Register Here The cannabis industry is under pressure. Difficult conditions have caused many cannabis businesses to grapple with layoffs, reorganization, litigation, dissolution, and even liquidation. These experienced cannabis business lawyers will discuss, among other topics: Current trends in the U.S. See you soon.