Moreno Valley voters will be asked to tax commercial marijuana sales and production in Riverside County’s second-largest city when they go to the polls in November to elect a new California governor. The Moreno Valley City Council recently voted to place such a tax measure on the ballot. The... Read more
PHELAN — It was already in the mid-80s early Thursday morning when detectives arrived to the first illegal marijuana grow raid of the day, and the heat only grew more searing by the hour. Yet none of this seemed to deter the six-man San Bernardino County Sheriff’s Department Marijuana... Read more
A political action committee supporting a citizen-backed measure to regulate and tax commercial marijuana in San Bernardino delivered more than 11,000 signatures from registered voters to the City Clerk’s Office on Monday, June 25, city officials confirmed. If the signatures are certified by the Registrar of Voters, the measure... Read more
THE GREEN ORGANIC DUTCHMAN ANNOUNCES CLOSING OF $25 MILLION SPECIAL WARRANT BOUGHT DEAL FINANCING The Green Organic Dutchman Holdings Ltd. has closed its bought deal financing of 3.91 million special warrants of the company at $6.40 per special warrant for aggregate gross proceeds of approximately $25-million, previously announced on... Read more
Robin Lefferts June 26th, 2018 Exclusive, News, Top News Organic. It’s a word many consumers love, driving them to pay upwards of 100% premiums for organic products. It’s a word pesticide companies loathe, impeding their profits and leading to bad press. It’s a standard to which the cannabis... Read more
Ryan Allway June 26th, 2018 Exclusive, News, Top News Cannabis oils and extracts have become tremendously popular following the legalization of medical and recreational cannabis across a growing number of jurisdictions. In addition to avoiding the health risks of smoking, cannabis oils and extracts enable patients and consumers... Read more
VANCOUVER, British Columbia, June 26, 2018 (GLOBE NEWSWIRE) — Micron Waste Technologies Inc. (the “Company”) (CSE:MWM) (OTC:MICWF) (Frankfurt:7FM2), a leading developer of aerobic digester solutions for the treatment of organic waste, today announced that to coincide with installation of the world’s first digester specifically engineered for the cannabis industry,... Read more
Big win today for GW Pharma. In a previous post, we discussed GW Pharmaceuticals, the leading developer of cannabis-based pharmaceuticals. Today, the FDA announced the approval of GW Pharmaceutical’s drug Epidiolex (cannabidiol), an oral solution for treatment of seizures associated with two rare forms of epilepsy, Lennox-Gastaut syndrome and... Read more
On June 13, the U.S. Tax Court issued an opinion regarding the application of IRC §280E. In Alterman v Commissioner of Internal Revenue (“Alterman“) the Court held, yet again, that IRC §280E operates to disallow a cannabis businesses’ tax deductions. A few days later, the Court also issued Loughman vs.... Read more
No shortage of cannabis news in Oregon. Here we are a few years into legalization of recreational cannabis sales in Oregon, and it’s never a dull moment. Over the past week or so, there were three significant developments around the state with respect to marijuana law and policy. We... Read more
