In The News

A Republican-led House subcommittee is calling for a federal investigation into President Biden’s handling of the marijuana rescheduling process. The GOP initiative asserts that the administration deviated from established scientific criteria and ignored mental health risks associated with cannabis. The move began after the White House Office of National Drug Control Policy announced in early …

Congress Demands Probe Into Biden Admin’s Marijuana Rescheduling Process Read More »

Nebraska’s newly formed Medical Cannabis Commission met for the first time just weeks ahead of a July 1 deadline to draft licensing rules under the state’s 2024 medical marijuana law. The meeting focused on pressing timelines, limited funding, and setting the stage for emergency regulations to meet statutory requirements. Commission members, who also oversee the …

Nebraska Launches Medical Cannabis Commission Ahead of Licensing Deadline Read More »

A federal court has ruled that marijuana businesses are not eligible for COVID-era employee retention tax credits (ERC) due to Section 280E of the Internal Revenue Code. The decision reinforces the IRS’s position that cannabis companies, despite operating legally at the state level, are barred from receiving federal tax benefits. The case involved a Washington-based …

Federal Court Rules Cannabis Companies Ineligible for COVID Tax Credits Under 280E Read More »

Missouri’s Attorney General, Andrew Bailey, has issued cease-and-desist letters to 18 hemp distributors warning them to stop selling THCA flower, with more enforcement actions expected to follow. His office claims the product could mislead consumers and potentially contain psychoactive THC, challenging the state’s legal definition of hemp. These letters, sent under the Missouri Merchandising Practices …

Missouri AG Issues Cease-and-Desist Letters to Hemp Firms Over THCA Flower Read More »