California Looking to Legalize Psychedelics Currently there are two States that have legalized psychedelics, namely: Colorado and Oregon. California is now considering to join these states as well. In February 2024, California Sen. Scott Wiener, and Assemblymember...
Can Daily Cannabis Use Help Subjects With Generalized Anxiety Sleep Better? According to data published in the journal Behavioral Sleep Medicine, patients with moderate anxiety report experiencing increased sleep quality following their use of cannabis. Furthermore,...
If You Can’t Beat Them, Join Them – Ohio Voters Approve Adult-Use Cannabis! On November 7, 2023 Ohio voters approved legalizing recreational marijuana use in the state making Ohio the 24th state to legalize cannabis for adult-use (previously Ohio legalized only...
California’s Fight Against The Illegal Cannabis Market New law allows licensed cannabis businesses to pursue legal action against unlicensed cannabis operators in state superior court if they can prove damages resulting from the operation. Legal California cannabis...
Current State Of Tax Enforcement On Cannabis Businesses If you are conducting business in cannabis in the State of California, there are several taxing authorities that have interest in your business, specifically: Internal Revenue Service (IRS), Franchise Tax Board...
If You Can’t Beat Them, Join Them – Minnesota Legalizes Adult-Use Cannabis! On May 30, 2023, Minnesota Governor Tim Walz (D) signed a bill into law legalizing recreational marijuana use in the state, this making Minnesota the 23rd state to legalize cannabis for...
If You Can’t Beat Them, Join Them – Delaware Legalizes Adult-Use Cannabis! On April 21, 2023, Delaware Governor John Carney (D) announced that he would allow a pair of bills – HB 1 and HB 2 – to become law absent his signature making Delaware the 22nd state to...
If You Can’t Beat Them, Join Them – Kentucky Legalizes Medical Cannabis! On March 31, 2023, Kentucky Governor Andy Beshear (D) signed into law a bill (SB 47) legalizing medical marijuana. The new law allows patients with recommendations from doctors or advanced nurse...
Tips For Cannabis Businesses To Prepare for the 2022 Tax Filings On January 12, 2023, the Internal Revenue Service (IRS) announced that it will process 2022 tax returns beginning January 23, 2023. The IRS states that with the three previous tax seasons dramatically...
New Tax Benefit Available for California Qualified Licensed Cannabis Retailers Beginning January 1, 2023 Beginning January 1, 2023, the responsibility for collecting and paying the cannabis excise tax to the California Department of Tax and Fee Administration (CDTFA)...
