Hemp And Marijuana Businesses Should Unite Around A New Regulatory Framework That Protects Consumers And Supports Farmers (Op-Ed)
“The Goodness of Hemp Act represents one of the most reasonable opportunities for compromise currently on the table.” By Morgan Tweet, IND HEMP Few industries have watched the rise of hemp-derived intoxicating products with more frustration than regulated cannabis. Yet one of the more interesting realities of this debate is that many cannabis operators have […]
Virginia Hemp Farmers And Businesses Worry About Changes Included In Newly Passed Marijuana Market Legislation
Legislators want to “change the law that they created, to clearly favor Wall Street corporations over Virginia farmers and small businesses.” By Charlotte Rene Woods, Virginia Mercury A legal cannabis market is set to take effect in Virginia next summer under the final state budget, but Mannassas-based Barbara Biddle has already given notice to her […]
Cannabis businesses intervene in anti-rescheduling lawsuit (Newsletter: July 2, 2026)
Congressional psychedelics bill; DE lawmakers override gov’s marijuana zoning veto; GA medical cannabis expansion; AZ marijuana penalty bill dies Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment possible… Hold on, just […]
Why Are Republicans Fighting To Raise Taxes On Cannabis Businesses? (Op-Ed)
“These Republican members of Congress appear to be hoping to undermine President Donald Trump’s position…by preserving punitive tax treatment for licensed cannabis businesses, regardless of their classification under federal law.” By Michael Cooper, National Cannabis Industry Association Sometimes you have to wonder what some congressional opponents of cannabis reform are smoking. The continued march of […]
Federal Marijuana Rescheduling ‘Does Not Appear To Apply’ To Washington Businesses, State Officials Say
Marijuana regulators in Washington say that the Trump administration’s move to reschedule cannabis on the federal level “does not appear to apply” to businesses in the state. The U.S. Department of Justice in April issued an order that immediately reclassified state-licensed medical cannabis, as well as marijuana products approved by the Food and Drug Administration […]
Illinois Governor Signs Bill To Double Marijuana Possession Limit, Restrict Hemp THC Products And Reform Rules For Businesses
The governor of Illinois has signed a large-scale cannabis omnibus bill into law that doubles the amount of marijuana that adults can legally possess, significantly restricts hemp THC products and makes other changes to rules for how licensed businesses can operate. Gov. JB Pritzker on Friday gave final approval to the legislation, which cleared the […]
State Marijuana Officials Call Out ‘Frustrating’ Lack Of Federal Guidance On What Trump’s Rescheduling Move Means For Businesses
“None of us really can effectively advise our licensees, which is just incredibly frustrating, especially with a ticking clock.” By Amanda Watford, Stateline The U.S. Department of Justice’s recent decision to downgrade the drug classification for medical cannabis will help medical marijuana businesses. Companies will be able to claim some federal tax benefits. New research […]
Lawmakers Push IRS To Issue ‘Prompt’ Tax Guidance For Marijuana Businesses Now That Rescheduling Is Happening
A group of congressional lawmakers are pressing federal officials to issue “prompt guidance” on tax issues for marijuana businesses in light of the Trump administration’s move to federally reschedule cannabis. A new letter, led by Reps. Steven Horsford (D-NV and Steve Cohen (D-TN), notes that “state-legal cannabis businesses have been denied ordinary business tax deductions […]
Tariffs’ Impact On Some Cannabis Businesses May Erase Any Benefits They See From 280E Tax Relief Under Rescheduling (Op-Ed)
“Rescheduling removes a major structural penalty, but tariffs will reshape who captures the gains. All else equal, dispensary-heavy companies may emerge as the primary beneficiaries.” By Justin Leiby, Cannabis Research Institute With federal cannabis rescheduling partially underway and the potential end of the 280E tax penalty approaching, how much relief the cannabis industry will experience […]
Texas’s On-Again, Off-Again Hemp Product Ban Causes Confusion For Businesses And Consumers
“This is what we call the ‘Texas whiplash.’ These poor guys don’t know what is going to happen one day to the next. All they want is certainty and to sell their products.” By Paul Cobler, The Texas Tribune Hemp flower buds and rolled joints were piled into boxes and tucked out of public view […]