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Tag: Sue Dehnam
Capital Markets Are Down but Not Quite Dead
NEW YORK – A potent concoction of slowing capital markets and inactivity in Washington D.C. bears the majority of blame for the industry’s lackluster...
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...
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...
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...
Trulieve Alleges Employees, Vendors Engaged in Racketeering: Lawsuit
SCOTTSDALE, Ariz. – Trulieve Cannabis Corp. is suing two of its former Arizona purchasing managers, five other employees, and three vendors, accusing the group...
A DEA Judge Tried to Reschedule Cannabis 35 Years Ago
WASHINGTON – In 1988, a federal judge brashly ruled against the Reagan administration’s drug policy and declared cannabis fit for medical use. The controversial...
U.S. Health Officials Recommend Schedule III for Cannabis
WASHINGTON – The U.S. Department of Health and Human Services (HHS) has recommended reclassifying cannabis from Schedule I to a less restrictive Schedule III...
American Cannabis Consumption Hits All-Time High
WASHINGTON – Fifty-percent of American adults have tried cannabis, according to a recent Gallup report, marking the highest point since the polling organization conducted...
Tilray Triples Beverage Portfolio with $85M Anheuser-Busch Deal
NEW YORK – Canadian megacorp Tilray Brands Inc. struck an $85-million cash deal with Budweiser parent company Anheuser-Busch InBev (AB InBev) to purchase eight...