Bipartisan Bill To Save Hemp Industry From Renewed Federal Criminalization Could Be Filed This Week, Rand Paul Says
A Republican senator said he expects bipartisan legislation to be introduced in Congress this week to avert what he called the “disaster” of the federal recriminalization of hemp THC products that is set to be enacted later this year. Sen. Rand Paul (R-KY) said in an online town hall meeting he hosted on Tuesday that […]
Marijuana Budtenders Could Qualify For ‘No Tax On Tips,’ IRS Says, But Only After Federal Legalization
The Internal Revenue Service (IRS) says that while marijuana industry workers are not currently eligible under the “No Tax on Tips” law signed by President Donald Trump last year to write off any gratuities they receive, that could change in the event of federal legalization. The agency discussed the issue in a final rule for […]
Rhode Island Marijuana Business License Lottery Blocked By Federal Judge Amid Challenge To Residency Rules
“Knowing the Act was facing legal challenges…CCC continued forward with its plan to implement the Act and its licensing scheme. The resulting fall-out will be, to be blunt, self-inflicted.” By Christopher Shea, Rhode Island Currant Nearly 100 applicants vying for 20 new cannabis retail licenses that were supposed to be awarded via lottery as soon […]
Virginia Governor Signs Bills To Automatically Legalize Psilocybin Following Federal Approval Of The Psychedelic
Virginia’s governor has signed a pair of bills that will legalize a form of psilocybin under state law if and when the psychedelic is approved by federal officials. “Upon approval by the U.S. Food and Drug Administration (FDA) of a formulation of psilocybin designed to be administered by a health care professional in a health […]
Trump Proposes To Keep Protecting State Medical Marijuana Laws From Federal Interference While Blocking DC From Legalizing Recreational Sales
President Donald Trump is requesting that Congress continue to protect state medical marijuana programs from federal interference while also maintaining a policy that has blocked local officials in Washington, D.C. from legalizing recreational cannabis sales. In his Fiscal Year 2027 budget request sent to lawmakers on Friday, the president proposed for the first time to […]