Legalizing weed in Pennsylvania faces complicated demands
Pennsylvania lawmakers researching a bill to legalize recreational marijuana received a barrage of information Tuesday during a spirited, two-hour hearing in West Philadelphia. They heard testimony espousing their instituting automatic and retroactive mass expungement of cannabis convictions and keeping the state’s “white cartel” of medical marijuana firms’ executives from... Read more
On Friday, Maryland’s House of Delegates approved two bills designed to legalize recreational marijuana. Under the measures, Maryland voters will decide if marijuana should be legalized, leaving lawmakers to then draft the details for regulating a commercial cannabis industry. “We’re at the beginning of an important process where we... Read more
Medical cannabis businesses in Oklahoma have about three months to get in line with the state’s “seed-to-sale” tracking system after a lawsuit that had delayed its implementation finally reached a settlement late last week. The Oklahoman reported that attorneys who had filed a lawsuit regarding the constitutionality of the... Read more
Seventy-four percent of New Hampshire survey participants share that they support recreational cannabis legalization, and 68 percent approve of a specific cannabis bill that would place the New Hampshire Liquor Commission in charge of regulating sales. A recent poll was released on February 25 by the Granite State Poll... Read more
Ten community colleges in Arizona have recently received $31 million in funds from recreational cannabis taxes, the Associated Press reports. Arizona’s recreational cannabis law states that one-third of the 16 percent excise tax will be set aside for community colleges every year. Each college may use the funds to... Read more
Member Blog: Tax Rules for Cannabis Companies
by Kaveh Newmen of Edlin, Gallagher, Huie and Blum The cannabis industry has grown exponentially as an increasing number of states have relaxed state law prohibitions on the use of cannabis for medical and recreational purposes. However, under federal law, cannabis remains classified as a Schedule I controlled substance under... Read more
Planet 13 Completes Acquisition of Next Green Wave Vertically Integrating in California LAS VEGAS, NV / ACCESSWIRE / March 2, 2022 / Planet 13 Holdings Inc. (“Planet 13” or the “Company”) (CSE:PLTH)(OTCQX:PLNHF) and Next Green Wave Holdings Inc. (“Next Green Wave” or “NGW”) are pleased to announce the completion... Read more
Sales of medicinal cannabis flower began in Minnesota on Monday, giving the state’s medical marijuana patients a new and more affordable option to access their medicine of choice. The Minnesota Department of Health announced in February that cannabis flower would be added to the state’s medical marijuana program, which... Read more
First of two acquisitions to create StateHouse Holdings  OAKLAND, Calif. and TORONTO, March 1, 2022 /PRNewswire/ – Harborside Inc. (“Harborside”, or the “Company”) (CSE: HBOR) (OTCQX: HBORF), a California-focused, vertically integrated cannabis enterprise, today announced that it completed the previously announced acquisition of UL Holdings Inc. (“Urbn Leaf”), a... Read more
Equity Member Spotlight: YS Cannabis Delivery Services
NCIA’s editorial department continues the Member Spotlight series by highlighting our Social Equity Scholarship Recipients as part of our Diversity, Equity, and Inclusion Program. Participants are gaining first-hand access to regulators in key markets to get insight on the industry, tips for raising capital, and advice on how to access and utilize... Read more
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