Sometime in 2025, the IRS could stop taxing state-regulated marijuana companies like cocaine kingpins. As a bonus, licensed marijuana operators might no longer compete with mainstream retailers selling intoxicating THC products that meet the federal definition of hemp. Tax reform and some resolution to the civil war between marijuana and hemp are modest asks. But […]
Pam Bondi, the second choice of President-elect Donald Trump to lead the U.S. Justice Department, was an opponent of marijuana reform while serving as Florida’s attorney general and later in the first Trump administration. But it’s too soon to tell how Bondi might treat the issue if she’s confirmed as the attorney general for Trump, […]
With six weeks left in 2024, Washington, D.C.-based cannabis lobbyists and federal marijuana reform advocates already have entered “wait until next year” mode. Despite friendly signals from President-elect Donald Trump and unfinished business from an exiting Democratic majority in the U.S. Senate, there is little hope for long-anticipated bills such as cannabis banking reform to […]
MJBizDaily reporters and editors are providing live coverage of the 2024 election, focusing on legalization ballot measures in four states, key federal races that could affect marijuana reform and other election-related tidbits. Scroll down for updates our staff has filed about the states voting on marijuana-related proposals as well as potentially pivotal U.S. congressional races. […]
For the first time, both the marijuana-reform movement and the $32 billion U.S. cannabis industry have little to fear on Election Day. In a historic first, both major-party candidates for president have signaled support for state-level marijuana legalization. And since both former President Donald Trump and Vice President Kamala Harris have signaled support for the […]
