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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...

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