Cannabis delivery platform Lantern on its own after Uber-Drizly deal
Lantern, a cannabis delivery platform that started operations in 2020, will operate as an independent private business in the wake of the […]
Category: United States Cannabis Industry & Marijuana Business News
Marijuana firm Planet 13 raises $53.9M in bought deal public offering
Nevada marijuana company Planet 13 Holdings raised 69 million Canadian dollars ($53.9 million) on Tuesday in a bought deal public offering. According […]
California cannabis agency creates uproar by revoking 300-plus business permits, then reinstates most
California’s top cannabis regulatory agency sent shockwaves through the state’s marijuana industry on Monday and Tuesday after it inexplicably revoked the licenses […]
How interstate commerce could upend the marijuana industry
Also known as interstate commerce, each state’s laws limits the movement of cannabis to within the state. How interstate commerce could upend […]
Real estate brokers not liable over illegal L.A. marijuana shop, judge rules
A Los Angeles commercial real estate firm and two of its licensed brokers won’t be held accountable for an unlicensed marijuana retailer […]
Mississippi’s high court to hear arguments to block medical cannabis
The Mississippi Supreme Court said it will hear the challenge to a voter-approved medical cannabis initiative on April 14, as the legal […]
Three US senators announce plans for major federal marijuana reform
U.S. Senate Majority Leader Chuck Schumer and fellow Senators Cory Booker and Ron Wyden formally announced Monday that they are working together […]
Cannabis basket-size data highlights differing consumer spending patterns across state markets
While U.S. cannabis markets might appear similar on the surface, each is driven by different consumer spending habits – and it is […]
Tobacco giant sues California cannabis firm, alleging trademark violation
The owners of the Kool menthol cigarette brand filed a lawsuit that claims a California cannabis business has infringed upon its trademarked […]
IRS puts 280E tax guidance for cannabis companies on back burner
Hoped-for guidance for cannabis companies affected by Section 280E of the federal tax code won’t be published anytime soon, an IRS attorney […]