The House of Representatives in Missouri has approved a budget bill that allocates $10 million from the state’s opioid settlement funds for research grants. But not just any research grants. These are intended to explore the effectiveness of psilocybin in treating opioid use disorder, which is currently considered a public health crisis in the United
Navigating the complex world of cannabis taxation can be daunting for business owners in the cannabis industry. With evolving regulations and unique tax requirements, it’s no wonder that many cannabis businesses struggle to stay compliant while also maximizing their financial potential. Then comes Monarch – a Fintech company dedicated to providing banking solutions specifically tailored
We’re announcing the return of the highly-anticipated High Times Cannabis Cup Michigan 2024! It’s the fifth year we’ve set up a competition in Michigan—one of our most enthusiastic event markets—and the most recent rundown of winners showcases Michigan’s finest products. With a massive 20-category breakdown this year, we’re proud to display the winners of a
A New York court ruled in favor of Leafly Holdings and other plaintiffs that the state’s ban on third-party cannabis marketing is unconstitutional, striking down advertising rules, after the ruling initially invalidated all of the state’s adult-use regulations. Last September, a lawsuit filed by the plaintiffs Leafly Holdings, adult-use retailer Stage One Dispensary, and a
A New York state lawmaker is proposing legislation that would give regulators the authority to revoke the liquor, lottery and tobacco retailer licenses from stores that sell weed without a license. If passed, the legislation would go into effect immediately, giving officials new tools to combat the illicit pot shops that have proliferated since the
Around this time last month, Hawaii lawmakers and advocates were preparing for a possible shift to an adult-use cannabis market after the Senate overwhelmingly approved a bill that would legalize and regulate recreational cannabis. However, a key Hawaii House committee chair announced Tuesday that his panel would not hear the measure ahead of the legislative
The Iowa state Senate on Tuesday approved a bill to cap the THC potency of consumable hemp products, sending the measure to the desk of Republican Governor Kim Reynolds for consideration. The legislation, House File 2605, was passed by the Senate by a vote of 31-18 after receiving approval from the Iowa House of Representatives
At a recent legislative meeting by the Washington, D.C.’s Council of the District of Columbia meeting on April 2, the council unanimously approved the “Medical Cannabis Patient Card Extension 4/20 Medical Cannabis Sales Tax Holiday Week Emergency Amendment Act of 2024,” which addresses three primary changes by amending the DC Official Code Title 7. First,
The city-sanctioned version of the famous 4/20 Hippie Hill event in San Francisco has been canceled, but it’s not the end of 4/20 celebrations in San Francisco. SF Weed Week, will feature a variety of events beginning with an art opening featuring cannabis mylar art on April 5 and a schedule of events running April
In the fast-paced world of the legal cannabis industry, precision is paramount. Among the myriad challenges cannabis businesses face, accurate tax calculations stand out as a cornerstone for financial success. In this comprehensive guide, we'll delve into the critical importance of precise tax calculations in the cannabis sector, the potential consequences of inaccuracies, and how
