Democrats’ COVID-19 relief bill contains cannabis banking
Buried deep in the U.S. House Democrats’ latest $2.2 trillion coronavirus relief package, announced Monday, is a key provision that will delight […]
Category: National Medical Cannabis Business & Marijuana Legal News
IRS issues new tax-payment guidance for marijuana companies
To assist the national marijuana industry in paying its federal taxes, the Internal Revenue Service issued a series of guidance documents that […]
Week in Review: Cannabis toll from lack of jobless stipends, rising Illinois MJ sales, Texas hemp firms sue state & more
It’s been a little more than a week since the $600-per-week federal jobless benefits expired, and the toll that lack of extra […]
Week in Review: AG Barr blasted for marijuana merger reviews, more M&A deals altered, L.A. shifts course & more
U.S. Attorney General William Barr ordered investigations into 10 proposed marijuana industry mergers – a move that a career Justice Department prosecutor charged […]
DOJ memo defends cannabis merger scrutiny ordered by Barr
An internal document from the U.S. Department of Justice’s misconduct office found nothing wrong with Attorney General William Barr’s decision ordering antitrust […]
‘Essential’ designation does not help cannabis companies’ bankruptcy cases
Federal bankruptcy protections remain unavailable for marijuana companies, even though the medical cannabis industry has been deemed “essential” during the COVID-19 pandemic […]
Dozens of states OK telemedicine for medical marijuana recommendations
More states are allowing medical marijuana patients to obtain or renew doctor’s recommendations so patients can continue purchasing MMJ, a move that […]