A new U.S. Tax Court case, New Mexico Top Organics, Inc. d/b/a Ultra Health v. Commissioner, could reshape how Section 280E of the U.S. tax code applies to state-legal
Continue Reading A New Challenge to Section 280E Could Result in Lower Taxes for State-Legal Medical Cannabis Businesses
Thirty-two Attorneys General Press Congress to Finally Pass the SAFER Banking Act to Protect Cannabis Businesses and Communities
A bipartisan coalition of 32 state and territory attorneys general is urging Congress to pass the SAFER Banking Act, which would allow financial institutions to serve state-licensed cannabis businesses. The current cash-only environment puts businesses, employees, and communities at risk, while also hindering tax collection and economic growth. The SAFER Banking Act aims to resolve these issues by moving cannabis business funds into the regulated banking system, increasing transparency and safety without changing federal legalization policy.
Minnesota to Hold Cannabis Retail License Lottery For Social Equity and General Applicants on July 22
The Minnesota Office of Cannabis Management is set to conduct its second lottery for Minnesota Cannabis Retail Licenses. On June 5, 2025, the OCM held its first round of lotteries
Continue Reading Minnesota to Hold Cannabis Retail License Lottery For Social Equity and General Applicants on July 22Minnesota Adopts Final Cannabis Rules
Today, Minnesota’s Office of Cannabis Management announced that Minnesota’s final set of adult-use cannabis rules have been approved, will be publish in the State Register, and will go into effect
Continue Reading Minnesota Adopts Final Cannabis Rules
DC ABCA Licensure Deadline
The grace period during which DC’s unlicensed cannabis establishments must obtain proper licensure without facing enforcement actions is soon ending. By March 31, unlicensed cannabis establishments that have applied for
Continue Reading DC ABCA Licensure DeadlineMinnesota Announces Intent to Adopt Expedited Cannabis Rules
On Thursday, the Minnesota Office of Cannabis Management announced its intent to adopt expedited rules without a public hearing. According to the OCM, the expedited rules are “designed to
Continue Reading Minnesota Announces Intent to Adopt Expedited Cannabis RulesMaryland Office of Social Equity Regulatory Update
The Maryland Office of Social Equity (OSE) is an office within the Maryland Cannabis Administration (MCA). Its purpose is to promote and encourage participation in the regulated cannabis industry by
Continue Reading Maryland Office of Social Equity Regulatory UpdateMinnesota OCM Cancels Separate Social Equity Lottery
As MinnPost reports, Minnesota’s Office of Cannabis Management cancelled its social equity lottery, which would have occurred separate from the general applicant lottery in 2025. A portion of the
Continue Reading Minnesota OCM Cancels Separate Social Equity LotteryUpdate: DC Cannabis Enforcement
The DC Alcoholic Beverage and Cannabis Administration (“ABCA”) Enforcement Division continues to exercise its enforcement authority against allegedly unlawful cannabis and entheogenic mushroom businesses in the District. A wave of
Continue Reading Update: DC Cannabis Enforcement
Update: Maryland Cannabis Administration
Adult possession and use of cannabis has been legal in Maryland since Maryland’s Cannabis Reform Act (“CRA”) took effect in July 2023. The CRA established the Maryland Cannabis Administration (“MCA”)
Continue Reading Update: Maryland Cannabis Administration