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 […]

Marijuana firms Eaze, Green Dragon to relaunch after $10M infusion

Marijuana firms Eaze, Green Dragon to relaunch after M infusion

Newly rebranded California-based marijuana operator Eaze raised $10 million to acquire select assets of Eaze Technologies, its predecessor company, to fund the reopening of 70 Eaze and Green Dragon locations across California, Colorado, Florida and Michigan. The now-defunct Eaze Technologies, which purchased Denver-based Green Dragon about three years ago, announced in October that it would […]

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 […]

Can Public Opinion Overcome Political Resistance? The Fight for Marijuana Legalization

Can Public Opinion Overcome Political Resistance? The Fight for Marijuana Legalization

In a world where public opinion often drives significant policy changes, few issues have seen a transformation as sweeping and impactful as marijuana legalization in the United States. Election night 2024 delivered a mix of victories and setbacks for cannabis reform advocates. While several initiatives succeeded at state and local levels, others faced formidable obstacles. […]

Lawmakers will get chance to prove if GOP is good for cannabis

Lawmakers will get chance to prove if GOP is good for cannabis

Is Republican control of the U.S. government better for marijuana reform than a Democrat-led administration, and have statewide adult-use cannabis legalization efforts simply maxed out? After the GOP’s decisive nationwide victory on Tuesday sent former President Donald Trump back to the White House – and delivered control of the Senate to Republicans – the $32 […]

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 […]

SD medical cannabis operators hope adult use would bring sales plan

SD medical cannabis operators hope adult use would bring sales plan

South Dakota voters have a unique opportunity on Election Day. Already the country’s first electorate to see adult-use cannabis legalization measures in three straight election cycles, state voters could become the first to legalize recreational marijuana possession and cultivation without setting up a market for regulated sales. That half-measure is all that Initiated Measure 29, […]

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