Miller introduces cannabis office bill | Eastern/Southeast Queens News

Councilmembers Daneek Miller (D-St. Albans) and Darma Diaz (D-Brooklyn) introduced legislation last week that would create an Office of Cannabis Business Services to ensure compliance with state regulations and monitor the social equity provisions of the Marijuana Regulation and Taxation Act citywide. If implemented, Intro. 2421 would allow for the monitoring of regulations in accordance with the […]

IRS Launches Cannabis-Industry Focused Compliance Initiative

It is widely known that trafficking in controlled substances is a crime under federal law. Traffickers and would-be traffickers be warned, however, that if you do choose to make income from trafficking in Schedule I or II controlled substances (including cannabis, cocaine, or psychedelic mushrooms), that income is fully taxable by the U.S. government. And, […]

SAFE Banking Act would make cannabis business easier

If approved by the U.S. Senate, the bill would make it easier for shops to borrow money and take credit card payments. When Phil Smith and Jenny Roseman first started their cannabis delivery business Freshly Baked, they struggled to scrounge together enough money to begin operations. Since their business isn’t federally recognized, only a handful […]

D.C. City Council Schedules Hearing on Allowing Cannabis Sales

The Washington, D.C. City Council has scheduled a public hearing next month to consider legislation to allow adult-use cannabis sales in the district, DCist reports. D.C. voters approved broad cannabis legalization in 2014 but rolling out legal sales has been blocked by federal law due to the fact that the Capitol city is under the […]

Federal Marijuana Legalization Vote Expected In House Committee On Thursday

A key House committee plans to vote on a bill to federally legalize marijuana on Thursday. The Marijuana Opportunity, Reinvestment and Expungement (MORE) Act will be taken up by the House Judiciary Committee, which is chaired by the legislation’s sponsor, Rep. Jerrold Nadler (D-NY). Members were scheduled to debate and vote on the measure on […]

Los Angeles County dismisses 60,000 more cannabis convictions

  Los Angeles County District Attorney George Gascón announced today that his office will automatically dismiss nearly 60,000 past cannabis convictions, as part of the ongoing effort to remediate the harm done by the War on Drugs. Gascón’s move follows the first wave of expungements carried out by his predecessor, Jackie Lacey, who dismissed 66,000 […]

More California marijuana companies sue state over revoked licenses

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