Bloomberg Gov. Kathy Hochul signed a bill meant to provide the same property tax benefits to farmers who grow cannabis as are available for other crops. The legislation, S1752/A1234, expands the definition of crops, livestock, and livestock products to include cannabis, preventing unforeseen property tax increases and possible penalties to farmers who choose to grow marijuana […]
With the strong headline, “ISIS seizes mafia’s 4 billion drug network to finance brutal terror campaign”, Sunday’s British newspaper “Daily Mirror” writes that the jihadists are flooding Britain with cannabis from the Albanian drug farm. “Islamic State is raising cash for its terror campaign by controlling cannabis farms and shipping the drug to Britain. The […]
Bali’s Provincial Narcotics Agency (BNNP Bali) has arrested Russian national Evgenii Karamyshev, 33, for attempting to distribute seven types of narcotics. Karamyshev, who had been living in Bali for a year, was apprehended in Jimbaran, Badung, Bali, while attempting to distribute 223.15 grams of hashish. Authorities believe the drugs were intended for sale during the upcoming […]
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The appeals court, in a separate case, said the AMCC’s appeals process appears to be inadequate and not compliant with state laws. While upholding some actions taken by the Alabama… The post Appeals court ruling deals blow to Cannabis Commission appeared first on Cannabis Business Executive – Cannabis and Marijuana industry news.
After Youngkin’s veto, bipartisan effort aims to regulate and tax adult-use marijuana, fueling debate over safety and economic benefits. Virginia lawmakers are preparing to reintroduce bipartisan legislation aimed at creating… The post Virginia lawmakers renew push for legal cannabis marketplace appeared first on Cannabis Business Executive – Cannabis and Marijuana industry news.
Several former standard bearers of the U.S. cannabis industry flamed out in spectacular fashion in 2024. The post RIP: Cannabis companies, big and small, collapsed in 2024 appeared first on Green Market Report.
Marijuana multistate operator Standard Wellness Holdings has secured a $10 million credit facility. Marijuana MSO Standard Wellness secures $10 million loan is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Cannabis real estate manager Innovative Industrial Properties (IIP) is claiming that multistate operator PharmaCann has defaulted on several of its leases across the country. PharmaCann defaulted on several leases, cannabis REIT alleges is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Alabama’s controversial medical marijuana regulatory agency acted “properly” when it revoked cannabis business permits issued in 2023, an appeals court has ruled. Alabama medical marijuana agency’s grievance process inadequate, court says is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs