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Cannabis advocates push senators to ease draft bill’s tax burden

Cannabis advocates push senators to ease draft bill’s tax burden

Posted February 25, 2022 at 8:15amAs top Senate Democrats finalize their plan for making marijuana legal across the country, industry and advocacy groups are urging a lower tax rate.They’re arguing that setting levies too high could allow an illegal market to keep flourishing and hit hard in some states that already legalized marijuana.The details of…
Cannabis: How the Blockchain can Protect Growers with Unique Strains

Cannabis: How the Blockchain can Protect Growers with Unique Strains

Cannabis growers can use blockchain tech to get a better deal for creators of interesting and unique strains, says Dan Sutton, Founder and CEO of Tantalus Labs.As most people familiar with cannabis know, there are countless strains of the plant, with more sprouting up – pun fully intended – every day.Each of these strains is…
‘It Gave Me My Life Back’: We Spoke to People Treating Long COVID With Weed

‘It Gave Me My Life Back’: We Spoke to People Treating Long COVID With Weed

Andrew Vass had been suffering the “torturous” effects of long COVID for about a year before his doctor gave him some weed. Specifically, an oil-form of medicinal cannabis containing 5 percent cannabidiol (CBD) and 0.2 percent tetrahydrocannabinol (THC). The effect, he says, was immediate. Vass, a 42-year-old financial services worker from London, had only used cannabis…
House Agriculture’s Scott says farm bill should address cannabis

House Agriculture’s Scott says farm bill should address cannabis

House Agriculture Chairman David Scott on Thursday said the 2023 farm bill should address the barriers small businesses and Black entrepreneurs face when trying to start legal cannabis companies under state law.Those barriers include high startup costs, underfunded state social equity programs and the lack of access to banking, Amber Littlejohn, executive director of the…
Capitalizing on Cannabis: Quicktake Charge

Capitalizing on Cannabis: Quicktake Charge

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Cuts to California cannabis taxes would harm low-income youths, advocates say

Cuts to California cannabis taxes would harm low-income youths, advocates say

LOS ANGELES — Amid concerns that California’s cannabis industry is overtaxed and on the brink of collapse, children’s and youth advocates say cutting marijuana taxes could put badly needed social service programs in jeopardy.Small cannabis farmers and business owners have repeatedly asked the state to overhaul the industry's tax system as they struggle to stay…
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