Monthly Archives: March 2024

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How Mastering Taxation in the Cannabis Industry Improves your Legal Standing

For newly legal cannabis businesses, the complexity of tax compliance can be daunting. It's easy to get lost between rapidly changing regulations, complicated calculations, and tight filing deadlines. This post will explore key steps cannabis retailers can take to master taxation in this emerging industry. Know the Regulatory Landscape With cannabis still federally illegal, most

2024-07-31T14:14:16+00:00March 29th, 2024|Cannabis, Technology, Uncategorized|Comments Off on How Mastering Taxation in the Cannabis Industry Improves your Legal Standing

Pew Survey Finds 9 in 10 Americans Support Pot Legalization

Thinking back just 10 years ago, the previous U.S. cannabis landscape stood in stark contrast to the one we enjoy today. The United States currently has 38 states with legal medical or recreational cannabis, with 74% of Americans living in a legal cannabis state and 79% living in a county with at least one cannabis

2024-03-29T10:16:10+00:00March 29th, 2024|Cannabis, Feed|Comments Off on Pew Survey Finds 9 in 10 Americans Support Pot Legalization

Republican Senators Say Cannabis Rescheduling Violates International Treaties

Senator Mitt Romney of Utah and two of his Republican colleagues have sent a letter to the Drug Enforcement Administration, urging the law enforcement agency to decline a bid to reschedule marijuana under federal drug laws. Cannabis is currently listed under Schedule I of the federal Controlled Substances Act (CSA), a designation reserved for drugs

2024-03-29T10:16:10+00:00March 29th, 2024|Cannabis, Feed|Comments Off on Republican Senators Say Cannabis Rescheduling Violates International Treaties

Researchers Find New Way To Measure Potency of Mushrooms

A new technique has arrived that measures the potency of psilocybin and psilocin, great news for those medicated by mushrooms.  Credit goes to teams at the University of Texas at Arlington, Scottsdale Research Institute in Phoenix, Shimadzu Scientific Instruments in Maryland, and Millipore-Sigma in Round Rock, Texas. They comprise the brilliant minds behind the method

2024-03-29T10:16:09+00:00March 29th, 2024|Cannabis, Feed|Comments Off on Researchers Find New Way To Measure Potency of Mushrooms

Restaurant Denies Service to Rapper for Smelling Like Pot, Sparking National Debate in South Africa

Should restaurant patrons who smell like weed be denied service at a restaurant? That’s the question South Africans are asking after one of the country’s top rappers was denied service along with two friends.  South African rapper Emtee was denied service, along with two fellow rappers, from a branch of Mike’s Kitchen in Johannesburg, South

2024-03-28T10:16:10+00:00March 28th, 2024|Cannabis, Feed|Comments Off on Restaurant Denies Service to Rapper for Smelling Like Pot, Sparking National Debate in South Africa

California Cops Return Weed From Raid

The Los Angeles Times reported that “Costa Mesa police and city employees trucked more than 100 pounds of cannabis flower, boxes of oil cartridges and vaporizers along with documents, devices and security equipment held in police storage” to the owners of Se7enleaf, Michael Moussalli and Matteo Tabib, reached a settlement agreement with the city of

2024-03-28T10:16:10+00:00March 28th, 2024|Cannabis, Feed|Comments Off on California Cops Return Weed From Raid

Arizona Weed Sales Topped $1.4 Billion Last Year

Regulated sales of marijuana in Arizona topped $1.4 billion last year, according to state data, marking the third year in a row that licensed weed sales have exceeded $1 billion in the Grand Canyon State. Sales of recreational marijuana totaled more than $1 billion in 2023, while sales of medical cannabis brought in nearly $350

2024-03-28T10:16:09+00:00March 28th, 2024|Cannabis, Feed|Comments Off on Arizona Weed Sales Topped $1.4 Billion Last Year

Why is Monarch The Go-To Solution for Cannabis Banking

As the cannabis industry grows, businesses realize that tax compliance is one of the most challenging hurdles to overcome. The web of regulations is vast and confusing, inventory must be tracked meticulously, and failure to comply can mean crippling penalties or loss of license. That's why every plant-touching cannabis operator needs Monarch - the leading

2024-07-31T13:56:22+00:00March 27th, 2024|Cannabis, Technology|Comments Off on Why is Monarch The Go-To Solution for Cannabis Banking

New Study Reveals THC Potency Inflation in Colorado Weed

A majority of cannabis flower products purchased at licensed retail pot shops in Colorado contained less THC than indicated on the label, according to a study performed by a researcher at the University of Colorado Boulder. The study showed that THC levels indicated on the label of approximately 70% of products tested were at least

2024-03-27T10:16:13+00:00March 27th, 2024|Cannabis, Feed|Comments Off on New Study Reveals THC Potency Inflation in Colorado Weed

Mexican President Says Country Won’t Combat Cartels on Orders From U.S.

At a conference last week, Andrés Manuel López Obrador, Mexico’s president since 2018, said, “We are not going to act as policemen for any foreign government,” as quoted by the Associated Press. “Mexico First. Our home comes first.” As the Associated Press noted, López Obrador has, in previous years, “laid out various justifications for his

2024-03-27T10:16:11+00:00March 27th, 2024|Cannabis, Feed|Comments Off on Mexican President Says Country Won’t Combat Cartels on Orders From U.S.
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