On September 21, 2021 the California State Fair announced the addition of the first-ever, state-sanctioned cannabis competition and awards. Organizers of the California State Fair Cannabis Competition and Awards stated that this competition will "join a roster of...
Cannabis Business
With A 55% Increase Over Last Year, Sales Of California Legal Adult-Use Cannabis Generated $817 Million In Tax Revenue
With A 55% Increase Over Last Year, Sales Of California Legal Adult-Use Cannabis Generated $817 Million In Tax Revenue According to a report by the nonpartisan California Legislative Analyst’s Office, California collected about $817 million in adult-use marijuana tax...
Can Cannabis Help Lower CNS Inflammation in People With HIV?
Can Cannabis Help Lower CNS Inflammation in People With HIV? According to a report published on July 15, 2021 in the Journal of the International Neuropsychological Society, in a study of 263 adults who have neurocognitive impairment in people with HIV (PWH) those who...
Governor Newsom Signs Cannabis Trailer Bill Creating The Department Of Cannabis Control
Governor Newsom Signs Cannabis Trailer Bill Creating The Department Of Cannabis Control On May 14, 2021 the California Bureau of Cannabis Control issued a press release announcing Governor Newsom’s “California Comeback Plan” which proposes $100 million in grant...
If You Can’t Beat Them Then Join Them! Legal Cannabis States Have Generated Nearly $8 Billion In Tax Revenue Since Recreational Sales Launched
If You Can’t Beat Them Then Join Them! Legal Cannabis States Have Generated Nearly $8 Billion In Tax Revenue Since Recreational Sales Launched States that have legalized marijuana for adult use have collectively generated nearly $8 billion in tax revenue from cannabis...
The Biden Administration Continues Its Stance Against Cannabis In A Section 280E Legal Battle
The Biden Administration Continues Its Stance Against Cannabis In A Section 280E Legal Battle On May 21, 2021, acting Solicitor General Elizabeth Prelogar filed an Opposition Brief on behalf of the United States in its opposition to a Petition For A Writ Of Certiorari...
Facing A Surprise Tax Bill – Here Is Why You Should Still File Your 2020 Income Tax Return By May 17th.
Why You Should Not Disregard The May 17, 2021 Filing Deadline The most important thing everyone with a tax liability should do is file a return by the May 17th due date, even if they can’t pay in full, or request a six-month extension to avoid higher penalties for...
Governor Newsom’s California Comeback Plan Proposes Millions in Funding for Cannabis
Governor Newsom’s California Comeback Plan Proposes Millions in Funding for Cannabis On May 14, 2021 the California Bureau of Cannabis Control issued a press release announcing Governor Newsom’s “California Comeback Plan” which proposes $100 million in grant funding...
National Park Service Seizes Illegal Cannabis In Death Valley
National Park Service Seizes Illegal Cannabis In Death Valley Anyone conducting business in cannabis surely knows that under Federal law (Controlled Substances Act 21 U.S.C. 801) marijuana is designated as a Schedule I controlled substance due to the historical belief...
Cannabis Consumption Trends: Older Patients More Likely to Consume Cannabis Tinctures, High-CBD Products
Cannabis Consumption Trends: Older Patients More Likely to Consume Cannabis Tinctures, High-CBD Products According to an analysis of sales data published in the journal Cannabis and Cannabinoid Research, older patients are more likely to purchase sublingual...