Cannabis predictions for 2025: Low prices, high taxes, and hash

Cannabis predictions for 2025: Low prices, high taxes, and hash

Best of times? Worst of times? … Why not both at once? The year 2025 will be good for consumers in terms of pricing, stores, selection, home growing, and hash. Prices will be low, more stores will open with more options, cool seeds will flourish, and hash will be everywhere. But it’s going to be […]

Minnesota bars two-thirds of social equity applicants from marijuana license lottery

Minnesota bars two-thirds of social equity applicants from marijuana license lottery

About two-thirds of the 1,817 adult-use marijuana social equity license applicants in Minnesota were denied access to the state’s license lottery, which is expected to be held the week of Dec. 2. Those who will be permitted in the lottery for one of 280 preapproval licenses will get official notification within two weeks, the MinnPost […]

Nebraska just voted to legalize medical marijuana. Here’s what happens next.

Nebraska just voted to legalize medical marijuana. Here’s what happens next.

The 2024 general election has one high point for cannabis law reformers. Nebraska has voted to legalize medical marijuana via two related measures—IM 437 and IM 438. The former essentially legalizes medical marijuana possession, and a health care professional’s ability to prescribe medical marijuana. The latter clears the path for a new state commission to […]

D.C. cannabis stores sue officials over enforcement efforts

D.C. cannabis stores sue officials over enforcement efforts

A group of seven recreational cannabis stores in Washington, D.C., is suing several city officials to stop enforcement actions against their businesses. The seven operators filed the lawsuit on Nov. 7 under the moniker Alliance for Recreational Cannabis Entities, according to Green Market Report. The suit names as defendants five District of Columbia officials: Mayor […]

First non-tribal South Dakota medical marijuana dispensary to close

First non-tribal South Dakota medical marijuana dispensary to close

South Dakota’s first licensed medical marijuana dispensary not on tribal land is closing next month. Unity Rd. posted on Facebook that it and The Hartford Connection in Hartford, South Dakota, will cease operations Dec. 7. Unity Rd. opened on July 27, 2022 – 20 months after voters approved medical marijuana sales – and offered only […]

Marijuana MSO Curaleaf secures $40M credit line, reports Q3 loss

Marijuana MSO Curaleaf secures M credit line, reports Q3 loss

Marijuana multistate operator Curaleaf Holdings said it has secured a $40 million revolving line of credit from a “major commercial regional bank.” Curaleaf will use the credit line from Needham Bank in Massachusetts for general corporate purposes and working capital, according to a news release. Boris Jordan, the New York-based MSO’s chair and CEO, said […]

New York dispensary owners are collaborating for a better future

New York dispensary owners are collaborating for a better future

This coalition of legacy operators is united and ready to thrive in New York’s legal market. It’s been almost four years since cannabis was legalized for all adults in New York—and two years since the state’s first adult-use store opened. But many of New York’s first licensed dispensary owners are still fighting for a fair […]

2024 election results for the cannabis voter: What you need to know

2024 election results for the cannabis voter: What you need to know

The votes are coming in, and it’s time to see what 2024 means for cannabis lovers like you. From local measures to national policies, this year’s election could be a game-changer for anyone who believes in a little herbal freedom. Whether you’re in a state where weed’s still a bit of a gray area or […]

Wiz Khalifa, Wizard Trees, Rick Steves endorse Florida legalization

Wiz Khalifa, Wizard Trees, Rick Steves endorse Florida legalization

Florida could be just days away from becoming the 25th legalization state—and the endorsements are rolling in for Amendment 3.  Celebs like rap god Wiz Khalifa, travel king Rick Steves, and zaza brands like Wizard Trees are looking forward to the good things that come from more freedom in the Sunshine State. A majority of […]

Treasury, IRS get 280E guidance ahead of marijuana rescheduling

Treasury, IRS get 280E guidance ahead of marijuana rescheduling

In a letter to the U.S. Department of Treasury and the IRS, the American Institute of CPAs (AICPA) is trying to provide guidance aimed at cannabis businesses and tax professionals ahead of potential marijuana rescheduling. “Since the beginning of decriminalization and legalization of marijuana across a growing number of states, cannabis businesses and their CPAs […]

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