The U.S. Department of Justice is issuing another reminder that marijuana businesses don't have a right to bankruptcy proceedings.
"Marijuana continues to be regulated by Congress as a dangerous drug, and as the Supreme Court has recognized, the federal prohibition of marijuana takes...
Federal officials are investigating a marijuana-processing facility in Oregon after an explosion there injured a man who was previously convicted in a money-laundering operation linked to pot-trafficking.
The probe is a fairly rare instance in which U.S. officials are investigating a...
As Congress and the White House work on a tax bill that will reduce revenues going to states, they are simultaneously impeding the growth of an industry that is set to add billions to state tax revenues: legal cannabis.
Under the guise of protecting public health and safety, federal policy is...
People who register with the state of Ohio to legally use medical marijuana will be prohibited from possessing firearms under federal law, according to guidance released by the U.S. Bureau of Alcohol, Tobacco and Firearms.
In an open letter to federally licensed firearms dealers, the ATF...
When a U.S. Congressman recently told me that getting rid of Section 280E of the Internal Revenue Code "would amount to a tax cut for pot growers," I was caught off guard by his twisted interpretation of this tax policy.
It was a huge reminder of how much more work organizations like the New...
Jeff Sessions is suggesting that federal authorities will crack down on marijuana even in states where it has been legalized for recreational use.
The attorney general hinted of a coming Department of Justice crackdown on the drug on Wednesday, suggesting there were likely to be changes to...
Attorney General Jeff Sessions hinted Wednesday that the Justice Department may take a tougher stance on recreational marijuana in the near future, a change in policy that would have a significant impact on the five states plus the District of Columbia that already allow the drug to be used for...
Hawaii is one of 29 states that allow medical use of marijuana, but it is the only state that requires registration of all firearms. If you are familiar with the criteria that bar people from owning guns under federal law, you can probably surmise what the conjunction of these two facts means...
The Sacramento Business Journal, a sister paper to the Portland Business Journal, delved into the world of cannabis-related funds last week.
It's a revealing piece that examines banking issues related to legal pot sales and prominently features in Oregon.
Writer Mark Anderson starts in his...
Few if any industries are growing at a quicker and more consistent pace in the U.S. than marijuana. A report released earlier this year by Marijuana Business Daily entitled "Marijuana Business Factbook 2017" found that the U.S. legal-weed market is expected to grow by 45% in 2018, and an...
Obama-era guidance that allows states to legalize marijuana without federal interference remains in effect, U.S. Attorney General Jeff Sessions said on Tuesday during a congressional hearing. He also conceded that cannabis is not as dangerous as heroin and that a current budget rider prevents...
A year ago, voters made Massachusetts one of eight states (plus D.C.) to legalize recreational marijuana.
For all its predecessors, the prospect of legal marijuana for both medical and recreational use has meant increased tax revenue, new jobs, and a reduction in black market sales...
Edmonton Mayor Don Iveson says the city is not looking to make a profit from marijuana sales after pot is legalized on July 1.
But he said the city wants to make sure costs are covered for extra policing and rezoning for dispensaries, areas the city will be responsible for.
On Friday...
The federal government's plan to legalize marijuana has already generated a spat with the provinces over how potentially lucrative tax revenue will be divided.
Now a new player has entered the fray: Canada's cities are demanding they be given a share of the revenue pie to help cover costs...
California may resort to using armored cars to transport the hundreds of millions of dollars the state anticipates making in tax from marijuana sales.
The suggestion was made by the state treasurer John Chiang, who said the problems anticipated from the legalization of recreational cannabis...
A recent article entitled Federal Employees In D.C. Area Are Buying Loads Of Legal Weed noted that federal employees were buying marijuana at a higher rate than the general public.
(See Federal Employees, Smoking Pot and Working in DC : FedSmith.com)
While the article’s headline above...
Most people have heard of the Federal Marijuana Patients, but most people do not understand how that whole system works. I have been studying Supreme Court Cases, and DEA Administrative Law for the past few years, so I will explain the process.
So I will start with the Federal Marijuana...
The Washington State Department of Agriculture has started to develop rules to fine unlicensed hemp growers and processors, an exercise made necessary by state legislators getting ahead of federal law.
WSDA also may draw up penalties for violating the conditions of state-issued hemp licenses...
For decades, the federal government has imposed strict regulations and sanctions on the use of marijuana.
Yet, since 1996, twenty-nine states and the District of Columbia have acted on their own accord to develop programs that regulate the access to and sale of medical marijuana in explicit...
Attorney General Jeff Sessions warned Thursday that federal laws against marijuana still exist and could be used to crack down on state efforts to legalize the narcotic.
In a radio interview with Hugh Hewitt on Thursday, Sessions was hesitant to say what he and the Trump administration plan...