Switzerland Moves to Legalize Recreational Marijuana
Switzerland lawmakers recently introduced a bill that will legalize recreational marijuana. Intended to curb illegal market activity and establish a non-profit sales framework, the proposed legislation aims to put cannabis sales under a sales monopoly with products sold at licensed physical shops, along with one state-approved online shop.
U.S. Virgin Islands Establishes Cannabis Track & Trace Technology
The Government of the U.S. Virgin Islands (GVI) has contracted with cannabis regulatory tech co. Metrc to support its medical and adult-use cannabis markets, as well as to combat the illicit market and safeguard the health and well-being of consumers.
Bill Introduced to Ban Tax Deductions for Cannabis Businesses
Two Republican U.S. senators have introduced a bill that would continue to ban federal tax deductions for the cannabis industry – regardless of whether marijuana is rescheduled. The proposed “No Deductions for Marijuana Businesses Act” would effectively neutralize the biggest tax benefit expected from moving cannabis from Schedule 1 to Schedule 3 — ensuring that operators remain subject to the crushing burden of IRC 280E.
USDA Announces Improvements to Hemp Crop Insurance Program
The U.S. Department of Agriculture (USDA) recently announced improvements to the hemp crop insurance program for the 2025 and succeeding crop years.
2025 Czechia Cannabis Predictions from Cannafest
Cannafest in Prague, Czechia, was a huge success and optimism for the future of cannabis was on full display. This article dives deep into the thoughts of several market players about the current and future state of Czechia’s cannabis market.
Presidential Election Impacts on the Cannabis Industry
Were voters in ballot initiative states in favor of marijuana and psychedelics? What does Trump’s presidency mean for the industry as a whole? We break down and answer questions you may have in this article.
U.S. Senate Committee Approves the DOOBIE Act
The U.S. Senate Committee recently approved the DOOBIE Act, which prevents agencies from using past marijuana use to deny employment. This marks a substantial change in federal employment policies regarding past marijuana use.
California Governor’s Proposal to Ban Hemp Products Has Failed
A recently proposed amendment from California Gov. Gavin Newsom, that would have placed a ban on hemp products, appears dead for the session after a Senate committee didn’t call the bill for a vote.
New California Law Institutes Vape Disposal and Labeling Mandates
July 1 marked the implementation of California’s Assembly Bill 2440, mandating all THC oil, vape pens and batteries be disposed of at a hazardous waste collection facility or other approved businesses.
Cannabis Businesses Selling Out to Big Alcohol
With many small cannabis businesses struggling to survive in an ever-changing industry, the expenses continue to add up and can ultimately drag the company under. But is it wise for the cannabis industry and community to sell their businesses to these large corporations?
