The Drug Enforcement Administration (DEA) is acknowledging that, even as more states have legalized marijuana, youth cannabis use has “declined” over the past several decades. As part of an online quiz on DEA’s “Just Think Twice” platform, the agency asked about a...
Licensed cannabis retailers are in strict compliance with their state’s minimum age requirements and nearly always deny access to underage patrons. That’s according to compliance check data provided by regulators in California, Colorado, Washington, and several other...
Cannabis companies owe the IRS $1.6 billion and counting in past-due 280E-related bills, and marijuana rescheduling is unlikely to change that, the agency said in recent filings. Major marijuana multistate operators owe more than $1.6 billion in back taxes...
The Internal Revenue Service (IRS) recently filed its first written response to arguments used widely by cannabis taxpayers as justification for not paying Section 280E taxes. The closely-watched U.S. Tax Court case, New Mexico Top Organics v. Commissioner, has been...
Eight licensed New Mexico marijuana companies who sued U.S. Customs and Border Protection after agents seized more than $1 million worth of legal cannabis had their lawsuit dismissed by a federal judge on Monday. Because cannabis remains an illegal Schedule 1...
Cannabis is here to stay in Texas, lawmakers and industry leaders said this week, as efforts to ban consumable hemp are losing steam. However, figuring out how to regulate the market remains a glaring problem that lawmakers will likely address in 2027. State...