Cannabis Executive Salaries Are Soaring into 2024
NEW YORK – Chief executive officers at the largest cannabis companies by revenue have moved past the $400,000 base salary threshold with annual salaries...
Inc Media Mourns Passing of Farley Cahen
LOS ANGELES – Inc Media, publisher of mg Magazine, mourns the passing of former colleague and industry veteran Farley Cahen, who died Tuesday in...
Ohio Republicans Vow to Undermine Will of Voters
COLUMBUS, Ohio – Voters across Ohio approved a ballot measure Tuesday to legalize and regulate recreational cannabis, but leaders in the Republican-majority state legislature...
FBI’s Latest Data Shows an Uptick in Cannabis Arrests
WASHINGTON – Law enforcement agencies arrested 227,108 people for cannabis-related violations last year and 92 percent of the arrests were for possession, according to...
Cannabis Excise-Tax Revenue Fell Again in Q2 2023
SUITLAND, Md. – The U.S. Census Bureau’s latest quarterly cannabis excise-tax revenue data from 2023’s second quarter showed a nearly 10-percent drop in total...
Optimism Reigns at Benzinga Cannabis Capital Conference
CHICAGO – The mood was upbeat at the Benzinga Cannabis Capital Conference in Chicago as the industry’s power players converged on the Magnificent Mile...
Hundreds of Cannabis Business Licenses Won’t Fix New York’s Problem
ALBANY, NY – The State of New York opened a licensing window on Wednesday, making hundreds of new adult-use licenses available to current and...
Hightimes, Adam Levin Settle with SEC Over Securities Fraud Scheme
WASHINGTON – Financially troubled Hightimes Holding Corporation, publisher of iconic High Times magazine, has agreed to pay the U.S. Securities and Exchange Commission (SEC) more...
Senate Takes Long-Awaited Step Toward Cannabis Banking Reform
WASHINGTON – The cannabis-friendly Secure and Fair Enforcement Regulation (SAFER) Banking Act is on its way to a floor vote in the Senate after...
Analysis: Eliminating 280E Could Save 12 MSOs $700 Million Annually
NEW YORK – The twelve largest operators in the cannabis industry would save a combined total of $700 million annually if Internal Revenue Code...
