Tag: Businesses

Cannabis Businesses Affected by Flooding in Vermont Don’t Qualify for Federal Aid

While the west coast braces for the annual summertime heatwave, states on the east coast are trying to stay afloat amidst heavy rain. Destructive flooding ran through Monteplier, Vermont, the state’s capital, leaving many businesses closed for cleanup and repair. For affected cannabis businesses, this means that they can’t apply for federal aid. According to […]

New Illinois Budget Includes Provisions for Cannabis Businesses

Illinois Gov. J.B. Pritzker recently signed a budget bill on June 7 that includes provisions for the cannabis industry, specifically regarding establishing funds dedicated for cannabis businesses and allowing them to take tax deductions. The Fiscal Year 2024 State Budget bill includes the Cannabis Regulation and Tax Act which addresses issues with cannabis businesses not […]

San Francisco Board of Supervisors Approve Ban on New Cannabis Businesses Through 2028

The San Francisco Board of Supervisors voted on June 6 to implement a citywide halt on issuing new cannabis business licenses for the next four-and-a-half years. The 10 members of the board present at the time voted unanimously, although one person was absent. Supervisor Ahsha Safai was the driving force behind the moratorium, who emphasized […]

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