by Boston Web Design | Nov 20, 2024 | Research
KEY POINTS: For over a decade, since the “Colorado experiment” in 2014, the Federal Government has maintained its prohibitive legal status of marijuana. Still, the pressures brought to bear by the multitude of state statutes that have locally decriminalized and...
by Boston Web Design | Jul 16, 2024 | Research
SUMMARY Protecting consumers’ safety, health, and well-being are arguably the most crucial considerations for regulators when evaluating approval for any new product. One of the issues included in the forthcoming Cannabis Administration and Opportunity Act...
by Boston Web Design | Jul 3, 2024 | Research
IRS reiterates its position on 280E. The IRS recently issued a press release reminding taxpayers that until a final federal rule is published on the reclassification of cannabis to Schedule 3, 280E remains in effect. In the meantime, a few of the Multi-State Operators...
by Boston Web Design | May 15, 2024 | Research
Key Points: U.S. Cannabis revenue growth hinges significantly on the emergence of new state markets.Ohio, for instance, is set to kick off its recreational sales next month, a move that couldpotentially be replicated in Florida (through a ballot initiative) and...
by Boston Web Design | Apr 22, 2024 | Research
Summary: The state of California is owed ~$732M in arrears for sales & use, excise and cultivation taxes including penalties and interest. The vast majority (72%) is due from establishments that are out of business. The California Department of Tax and Fee...
