Legislation and Regulation: Page 26

7 Tax Tips Cannabis Cultivators Should Know

Minimize your tax burden and avoid regulatory pitfalls.

New Hampshire Senate Rejects Adult-Use Cannabis Legalization Bill

Gov. Chris Sununu has since announced his support for adult-use sales that mirror New Hampshire’s liquor sales.

SAFE Banking Testifiers Provide Mixed Reviews in Senate Banking Committee Hearing

The congressional body invited witnesses from UFCW, SAM, Dama Financial and Cannabis Regulators of Color Coalition to speak.

UPDATED: New Jersey Governor Signs Legislation to Provide Tax Relief to Cannabis Industry

A bill Gov. Phil Murphy signed into law May 8 allows businesses to deduct certain expenses on their state tax returns.

Maryland Gov. Wes Moore Signs Adult-Use Cannabis Program Into Law

With the governor’s ink, the market is slated to launch July 1.

6 Tips to Control Costs in a Market Downturn

High taxes, oversupply, price compression and a still-thriving illicit market have created tough economic conditions for licensed cannabis companies. Here are six ways Ontario-based GreenSeal has been able to adapt.

Curaleaf’s Boris Jordan Says New Super PAC Will Sway SAFE Banking’s Passage in 2023

The company’s executive chairman provided a timeline for the bill during an earnings call but said he’s not “predicting anything in Washington.”

Lessons From the Last Frontier

Alaskan father-and-son team Lloyd and Aaron Stiassny prioritized retail and relationships with growers while establishing their vertically integrated company, a strategy that has allowed them to weather challenges and expand in America’s third adult-use state.

Hemp Numbers Plummet Across the Board in 2022 USDA Acreage and Production Survey

The value of industrial hemp totaled $238 million in 2022, down 71% from $824 million in 2021.

SAFE Banking Bill is Back—Back Again—Again, Again, Again …

The bipartisan federal legislation aimed at providing safe harbor to financial institutions servicing the cannabis industry was reintroduced in Congress.

Cannabis Legalization on Cusp of Reality in Minnesota After House Passage

State lawmakers voted to approve House File 100 after the legislation survived 15 committees; a Senate companion bill is next.

Cannabis Policy Summit Congressional Forum: Bipartisan Enthusiasm & Predictions for Comprehensive Reform

The policy discussions on 4/20 saw legislators from both parties sharing optimism and plans for cannabis bills this session.

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