by Daria Nagal, CPA, EA, at Red Eye CPA California dispensary sales tax seems easy. After all, what can be difficult about sales tax? However, the cannabis sales tax formula is extremely confusing and contradictory. Cannabis accountants argue with cannabis attorneys about interpreting the CDTFA and California Code of... Read more
At Holistic Health Group’s farm in Middleborough, dozens of vacuum-sealed bags full of marijuana flower — worth hundreds of thousands of dollars at retail — have been sitting in a secure vault for months, stuck in limbo. The problem? The marijuana, which was grown outdoors last season, flunked the... Read more
Kiley Klug, flanked by her 13-year-old son, Owen, in a wheelchair, stood before Kansas lawmakers Wednesday and pleaded to let her treat her son’s hundreds of daily seizures with legal medicinal marijuana. At one point, she paused to tend to one of the boy’s seizures before resuming her testimony.... Read more
Marijuana legalization will get another chance in the Pennsylvania Legislature thanks to a new bipartisan bill. State senators Dan Laughlin (R-Erie) and Sharif Street (D-Philadelphia) this week introduced a bill that would allow those over the age of 21 to buy and use marijuana and expunge the convictions of... Read more
Verano Holdings Continues to Solidify Ascendant Footprint Through Several Agreements in Illinois, Pennsylvania and Arizona Pending deals in key markets will add nine dispensaries to the Company’s portfolio upon close CHICAGO, Feb. 26, 2021 (GLOBE NEWSWIRE) — Verano Holdings Corp. (CSE: VRNO) (“Verano” or “the Company”), a leading multi-state... Read more
MedMen Announces Investment from AWH into MedMen’s New York Operations Investment enables MedMen to deleverage balance sheet in accordance with turnaround plan NEW YORK & LOS ANGELES–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the U.S., today announced the... Read more
It marks the first time any Pa. Republican senator has endorsed a plan to end the prohibition on cannabis. For years, Democrats in Pennsylvania’s legislature have introduced bills to legalize marijuana for adult recreational use. But without any Republican support, those bills were dead on arrival. On Wednesday, the... Read more
February 25, 2021 by AggregatedNews Leave a Comment A bill essentially legalizing recreational use of cannabis in Maryland would be an important step toward addressing social equity and racial injustices, advocates said. “This is the year we are talking about equity,” Del. Jazz Lewis, D-Prince George’s, sponsor of the... Read more