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Chicago-based marijuana giant part of federal pay-to-play investigation – Cannabis Business Executive

SpeedWeed

You are here: Home / News & Insights / Chicago-based marijuana giant part of federal pay-to-play investigation. Founded in 2014, Green Thumb Industries, also known as GTI, was one of a handful of companies to secure the state’s first licenses to grow medicinal marijuana in Illinois after it was legalized eight years ago.

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Washington DC…Gift To “lawyers” …To Access Cannabis

Cannabis Law Report

I-71 refers to Initiative 71, approved by DC voters in 2014, which legalized possession of up to two ounces of weed, cultivation of only three mature plants at a time and a “gift” of no more than one ounce of pot to another person over 21 years of age. This investigation revealed that 42 of the I-71 storefronts are in DC’s Northwest quadrant.

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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.

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Autism CARES Act Signed Into Law; Provides $1.8B in Funding for Autism Research and Services

MedicalJane

The latest version of the Act renews the legislation for another five years, tagging $369M annually for ASD-efforts through 2024. The bill expands the IACC, a federal advisory group, from two to three IACC members who are self-advocates, parents or legal guardians and advocacy/service organizations.

Law 51
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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%.

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Cannabis Media & Organizations Reports On Latest Cannabis Congressional Committe, “Marijuana Laws in America: Racial Justice and the Need for Reform”

Cannabis Law Report

It is not surprising, therefore, that over the past two decades, public support for legalizing marijuana has surged. States have led the way with reforms, and presently, medicinal or recreational marijuana use is legal in 33 states and the District of Columbia. Related News. Tags: Regulatory Issues. Washington, D.C.

Law 45
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Elon Musk and Other Successful People Who Use Cannabis

PrestoDoctor

The news has been all over the press with some mocking the billionaire’s newfound fondness for cannabis, while others celebrate his stepping out. Regardless of where you stand, it got us thinking of all the successful people who use cannabis and why Elon Musk is far from a new thing. We’re kidding. Of course you have. Gary Johnson.

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