DENVER – Cannabis companies underpaying or withholding taxes based on presumed nullification of Internal Revenue Code Section 280E after rescheduling are setting themselves up for costly disappointment and the potential for asset seizure, according to an attorney at the Internal Revenue Service (IRS). Senior Counsel Luke Ortner, who prosecutes tax cases against cannabis businesses, delivered a stern dose of reality...

BUDAPEST -- During the 37th Annual Meeting of the European College of Neuropsychopharmacology (ECNP), held between 21-24 September 2024, new analyses of cariprazine studies were presented by Gedeon Richter Plc. First of all, cariprazine seems to be an effective treatment option for patients with schizophrenia and comorbid cannabis use disorder, according to one of the five posters presented at the congress....

NORTH SPRINGFIELD, Vt. -- New research findings from third-party studies assess how post-harvest drying methods affect the overall quality of cannabis flower. The studies on terpene retention and trichome coloration, conducted independently by the Cannabis Research Coalition (CRC), compared different drying methodologies and equipment, with a shared goal of expanding knowledge about the changes that occur within cannabis based...

CALGARY, AB - High Tide Inc., A high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, released its financial results for the third fiscal quarter of 2024 ended July 31, 2024. The full set of condensed interim consolidated financial statements for the three and nine months ended July 31, 2024 and 2023, and the accompanying management's discussion and analysis can be...

CHANDLER, Ariz. -- The North American Companies Council, Inc. (The NACC) has been offering a 401(k) Pooled Employer Plan (PEP) to its members. This initiative is designed to exclusively serve cannabis-related entities across the country. The NACC PEP is the country's first fully vetted and transparent 401(k) solution for legal cannabis companies. The NACC believes its PEP is the only...

WAGHINGTON – Law enforcement officials made well over 200,000 arrests for marijuana-related violations in 2023, according to data compiled by the US Federal Bureau of Investigation and posted on its Crime Data Explorer website. According to the online database, which was updated this week with data for the year 2023, police made at least 217,150 arrests for marijuana violations last year. This total...

CHICAGO -- Ross Gerber, Co-Founder, President, and CEO of Gerber Kawasaki Wealth and Investment Management, will be a featured speaker at the upcoming Benzinga Cannabis Capital Conference on October 8-9, 2024, in Chicago. The event will bring together the brightest minds in the cannabis industry to discuss investment opportunities, market trends, and the future of cannabis finance. Ross Gerber: A Leader...

Infused beverages haven’t caught on as fast as many insiders predicted, but they are poised to command a growing share of the market as more bars and restaurants put them on their menus and more liquor and convenience stores stock them on their shelves. As a more social alternative to edibles and a hangover-free alternative to alcohol, infused beverages...

BONITA SPRINGS, Fla. -- Green Check (GC), a leading fintech provider of financial service solutions and industry insights in the cannabis market, added a new feature that enables access to banking services for licensed cannabis-related businesses (CRBs) operating within indigenous communities. This update helps to address a crucial gap in financial services available for the growing number of CRBs on indigenous lands,...

HAVERILL, Mass. — Massachusetts cannabis retailer Stem Haverhill took over two popular locations on Salisbury Beach Monday September 17 to host its first-annual Beach Bash, which raised $10,000 for Patriots Helping Vets, a non-profit that provides equipment and services to veterans who benefit from plant medicine. The event, which drew 300 attendees, was held at the Surfside and the Carousel...