Legal Affairs

MSOs Confront Billions in Uncertain Tax Liabilities

LOS ANGELES – U.S. Cannabis operators continue to navigate the constraints of IRS Section 280E, which bars deductions for standard business expenses and drives up effective tax rates. Major multi-state Cannabis operators (MSOs) have leaned ...

Thailand Reverses Course on Recreational Cannabis

LOS ANGELES- Thailand's Public Health Ministry, under Minister Somsak Thepsuthin, has issued a directive banning recreational cannabis sales and reclassifying cannabis buds as a controlled herb in a major policy reversal after three years of ...

Verano Debuts Bodega‑Style Dispensary in Arizona

LOS ANGELES- Verano Holdings Corp. a multi‑state cannabis operator, has introduced a “bodega‑style” shopping format at its Zen Leaf Cave Creek dispensary in Phoenix. This innovative layout allows adult‑use consumers to browse and select products directly ...

MSOs Confront Billions in Uncertain Tax Liabilities

LOS ANGELES – U.S. Cannabis operators continue to navigate the constraints of IRS Section 280E, which bars deductions for standard business expenses and drives up effective tax rates. Major multi-state Cannabis operators (MSOs) have leaned ...

Germany to Legalize Recreational Cannabis Use

BERLIN– Chancellor Olaf Scholz's administration announced intentions to legalize cannabis on Wednesday, making Germany one of the first nations in Europe to do so. A foundational document on proposed legislation to oversee the restricted distribution ...

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