Cannabis

Top News

Minn. Pot Legalization And Taxation Bill Heads To Governor

By Jaqueline McCool

Minnesota would legalize the possession and sale of adult-use cannabis and impose a tax structure on products under a bill passed by the Legislature.

Ore. Gov. Looks To Rein In Cannabis Retailers' Tax Avoidance

By Jonathan Capriel

Oregon Gov. Tina Kotek is looking to crack down on the 9% of cannabis retailers not paying their taxes by requiring those seeking to update or renew their permit to show proof they paid their taxes, according to an announcement made Tuesday.

Fla. AG Asks High Court To Nix Legalize Pot Ballot Measure

By Jonathan Capriel

Florida's Attorney General is asking the state's highest court to block a potential ballot initiative that seeks to legalize recreational marijuana use, telling the justices the proposal might violate the state's constitution.

Ore. Gov. Orders Tax Compliance Proof For Cannabis Cos.

By Sanjay Talwani

Cannabis business operators in Oregon must show they are in compliance with state tax obligations before they may receive or renew licenses, according to an order from the governor.

NJ To Allow Biz Expense Deductions For Pot Cos.

By Michael Nunes

Cannabis businesses in New Jersey will be allowed to deduct business expenses as well as research and development expenses as part of a bill signed by Gov. Phil Murphy.

Md. Gov. OKs 9% Tax, New Regs For Voter-Approved Pot

By Sam Reisman

Maryland Gov. Wes Moore on Wednesday signed into law a bill to launch regulated sales of adult-use marijuana beginning in July and tax them at a 9% rate, following voters' overwhelming approval of legalization on Election Day, Nov. 8, 2022.


Expert Analysis

Cannabis Supercenters: Key Benefits And Legal Issues

Barstow, California’s novel plan to convert an abandoned mall into a cannabis supercenter could offer a potential blueprint for cannabis companies to thrive in a saturated market and for communities to repurpose underutilized retail spaces — but certain financing, zoning and leasing issues will need to be assessed, says Christopher Gordon at Fox Rothschild.

Cannabis Cos. Must Heed Growing Federal Investigatory Risks

As state-regulated cannabis markets expand rapidly, so too does government oversight, and industry participants must plan ahead to avoid potential liabilities related to workplace health and safety requirements, tax audits, securities regulations and foreign bribery laws, say Alicia Corona and Amy Rubenstein at Dentons.

Could The Supreme Court Legalize Marijuana Federally?

Amid slow legislative and executive movement on cannabis reform, it’s worth examining whether the U.S. Supreme Court could provide a pathway to federal cannabis legalization — a decision that would surely require strange bedfellows given the court’s current ideological makeup, say Whitt Steineker and Mason Kruse at Bradley Arant.

MORE COVERAGE

May 1, 2023 06:22 PM

Legal Recreational Pot Raised $15B For States, Report Finds

April 28, 2023 06:00 PM

Pot Shop Takes IRS Summons Fight To Supreme Court Again

April 28, 2023 06:41 PM

Minn. Senate OKs Recreational Cannabis, Tax

April 27, 2023 11:46 PM

Nebraska Can't Take Cut Of Tribe's Tobacco Sales, Judge Says

April 25, 2023 05:09 PM

Minn. House OKs Recreational Cannabis Regulation, Tax

April 25, 2023 11:37 AM

Mass. Rule Would Nix Tax Demands On Cannabis Facilitators

April 24, 2023 05:05 PM

Del. To Impose 15% Tax On Recreational Marijuana

April 23, 2023 09:02 PM

Law360 Reveals Titans Of The Plaintiffs Bar

April 20, 2023 07:19 PM

9th Circ. Snuffs Out CBD Co.'s Appeal Of Tax Arbitration Order

April 19, 2023 06:42 PM

La. House Bills Seek Tax On Pot Sales, Regulation System

April 12, 2023 06:11 PM

Md. Lawmakers Approve Cannabis Sales, With 9% Tax

March 31, 2023 06:38 PM

NM To Switch Cannabis Excise Tax To Destination Sourcing

March 31, 2023 10:15 PM

DC Judge Grants IRS Win In Dispute With Ayahuasca Church

March 29, 2023 05:51 PM

Maine Senate Bill Would Modify Cannabis Excise Tax

March 21, 2023 04:11 PM

Pennsylvania Is Gathering Momentum On Adult-Use Cannabis

March 20, 2023 04:57 PM

Del. Senate Panel Approves Taxing Recreational Cannabis

March 10, 2023 12:20 PM

Taxation With Representation: Gibson Dunn, Wachtell, Davis

March 7, 2023 10:05 PM

Oklahoma Says No To Legalizing Recreational Cannabis

March 6, 2023 05:34 PM

Justices Leave Questions Open On Dual-Purpose Atty Advice

March 6, 2023 05:14 PM

Oklahoma Voters To Decide Whether To Legalize Pot