Legal Affairs

Section 280E Tax Law Challenges Cannabis Industry

LOS ANGELES- Section 280E of the Internal Revenue Code presents significant financial challenges for cannabis businesses by prohibiting the deduction of ordinary business expenses associated with the trafficking of Schedule I or II controlled substances, ...

Japan Enacts Stricter Cannabis Laws with Severe Penalties

LOS ANGELES- Japan has recently implemented stringent measures against cannabis use, introducing penalties of up to seven years in prison for consumption. Previously, while possession and cultivation were illegal, personal use was not explicitly prohibited. ...

NEW: Comprehensive List of Cannabis Events in 2025

LOS ANGELES - The cannabis industry is alive with opportunity and collaboration in 2025. These events serve as critical platforms for education, networking, and driving business success. Whether you're a veteran in the industry or ...

Week In Review: Cronos Expands Medical Cannabis Presence in Switzerland; Cybin Secures Up to US $500 Million via Convertible Debentures to Fuel Clinical Growth; iAnthus Reports Unanimous Approval at Annual General Meeting; Mike Tyson Urges Trump to Act on Cannabis Reform

LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...

Week In Review: Village Farms Completes Divestiture of Fresh Produce Business to Focus on Cannabis; Massachusetts House Approves Cannabis Oversight Reform Bill; Ascend Wellness Secures $50 Million Through Private Placement of Senior Secured Note; FLUENT Corp. Expands Indoor Cultivation with Rosa Facility in Florida

LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...

Week In Review: Rubicon Organics Finalizes Conditions for Hope Facility Acquisition; Cresco Labs Reschedules Q1 2025 Earnings; London Mayor Advocates for Decriminalization of Cannabis Possession; New Zealand Medicinal Cannabis Firms Propose Merger to Form Helius Health

LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...

Week In Review: Ireland Could Make Great Cannabis Policy; Massachusetts Deliberates Social Consumption Regulations for Cannabis Industry; Safe Harbor Financial and Würk Form Partnership to Enhance Cannabis Industry Services; Planet 13 Grants Restricted Stock Units to Leadership and Staff

LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...

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