fbpx

Marijuana Industry Cash Is Not Necessarily ‘Suspicious,’ IRS Says In New Guidance Memo

The Internal Revenue Service (IRS) has issued a new memo clarifying the rules for reporting large cash payments between marijuana businesses, which the agency says should not automatically be considered… Continue reading Marijuana Industry Cash Is Not Necessarily ‘Suspicious,’ IRS Says In New Guidance Memo

New York Regulators Issue Guidance for Adult-Use Cannabis Dispensaries

With more than 900 applicants vying for an adult-use dispensary license in New York, the state’s Office of Cannabis Management (OCM) released guidance for adult-use retailers Oct. 28 that sets the expectations for those… Continue reading New York Regulators Issue Guidance for Adult-Use Cannabis Dispensaries

Illinois’ 1st predominantly Black-owned licensed pot business and craft grower opens in Rockford; hundreds more licensees still trying to get started 

Inside a cavernous warehouse in Rockford, behind three sets of locked doors, hundreds of tiny cannabis seedlings grow. They are the initial crop cultivated in Illinois by Star Buds, which… Continue reading Illinois’ 1st predominantly Black-owned licensed pot business and craft grower opens in Rockford; hundreds more licensees still trying to get started