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NY judge fines unlicensed cannabis shops $15 million
It's their corner now“This punishment should serve as a clear warning for all unlicensed cannabis stores in the state: we will enforce the law and shut down your operations,” state Attorney General Letitia James saidThe owner of seven unlicensed cannabis shops in New...
When Cannabis Businesses Are No Longer Subject to IRS 280E
IRS 280E and Cannabis BusinessesWhat is IRS Section 280E? Section 280E of the Internal Revenue Code restricts businesses from deducting typical business expenses from their gross income related to the distribution of Schedule I or II substances per the Controlled...
THC Associated with Increase of Survival Time in Palliative Cancer
Summary from the official government website (Link Below)The Use of Tetrahydrocannabinol Is Associated with an Increase in Survival Time in Palliative Cancer Patients: A Retrospective Multicenter Cohort StudyThe study, conducted by researchers in Germany, analyzed...
Justice Department Submits Proposal to Reschedule Marijuana
Proposed Rule Seeks to Move Marijuana from Schedule I to Schedule III, Emphasizing its Currently Accepted Medical Use in Treatment in the United StatesThe Justice Department announced today that the Attorney General has initiated a formal rulemaking process to...
