Cannabis Economics

ESOP

ESOPs Can Neutralize 280E for Cannabis Businesses

Employee Stock Ownership Plans (ESOPs) can be great for businesses and their employees. Not only do ESOPs offer various tax benefits for all parties...
marijuana

Michigan Marijuana Sales Exceeded $3 Billion in 2023

Data from Michigan’s Cannabis Regulatory Agency (CRA) reported that legal marijuana retailers in the state sold more than $3 billion worth of cannabis in...
FDA

FDA Recommends Cannabis be Moved to Schedule III

Scientists from the U.S. Food and Drug Administration (FDA) state in newly released documents that marijuana has less potential for abuse than other drugs...
Illegal cannabis sales

New York Governor Plans Crackdown on Illegal Cannabis Sales

Last week, New York Gov. Kathy Hochul presented an election year agenda with more than 200 proposals to make the state safer, more affordable...
President Biden expands marijuana pardon initiative.

President Biden Expands Marijuana Pardon Initiative

President Joe Biden issued a proclamation today expanding a marijuana pardon initiative he began last year by including for the first time people who committed cannabis...
Ukraine votes to legalize medical marijuana.

Ukraine Lawmakers Vote to Legalize Medical Marijuana

Ukraine’s parliament voted today to legalize medical marijuana. This vote comes after the war with Russia left thousands of people with post-traumatic stress disorder...

Hawaii Attorney General Paves the Way for Recreational Marijuana Plans

Attorney General Anne Lopez has proposed a comprehensive plan designed to overcome hurdles that have blocked recreational marijuana legalization in Hawaii for years ,...

Mississippi Medical Marijuana Licensing 101

On January 26, 2022, the Mississippi Legislature gave its final approval to the Mississippi Medical Cannabis Act (SB 2095), sponsored by Sen. Kevin Blackwell....

Proposed Legislation Would Help New York’s Illegal Cannabis Market

The New York City Council is considering a new proposal that would make it easier to close illegal cannabis shops that have cropped up...

New Study Finds Home Values Soar in States with Legal Cannabis

House prices have been rapidly rising across the country, but a new report shows that home values in states with recreational cannabis have outpaced...

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