Lantern, a cannabis delivery platform that started operations in 2020, will operate as an independent private business in the wake of the sale of sister company Drizly to Uber. San Francisco-based Uber Technologies on Tuesday announced an agreement to …
Author: Kate Robertson
Three US senators announce plans for major federal marijuana reform
U.S. Senate Majority Leader Chuck Schumer and fellow Senators Cory Booker and Ron Wyden formally announced Monday that they are working together to advance comprehensive marijuana reform legislation. Schumer talked last week about pushing for legislati…
Mississippi’s high court to hear arguments to block medical cannabis
The Mississippi Supreme Court said it will hear the challenge to a voter-approved medical cannabis initiative on April 14, as the legal effort to thwart legalization in one of the country’s most conservative states drags on. The legal challenge i…
CA cannabis firm seeks US Supreme Court ruling on $1.3 million tax case
A California cannabis business is taking its fight over a $1.3 million tax bill to the U.S. Supreme Court after losing a lower-court ruling based on the company filing its challenge to the U.S. Tax Court one day late. Organic Cannabis Foundation, which…
Senate leader Schumer pushing federal marijuana legalization as priority
U.S. Senate Majority Leader Chuck Schumer said he’s putting together a new federal marijuana legalization bill that would allow states freedom to “do whatever they’d like” and put tax revenues into minority communities most harmed by prohibition. A New…
Michigan cannabis operator brings in $50 million from small investor offering
Gage Growth, a Michigan-based cannabis operation, said it raised the maximum $50 million allowed through a Regulation A, small-investor offering. Regulation A offerings are a way for a company to build a base of loyal investors in advance of a potentia…
Five state medical marijuana markets that could get a boost through reforms in 2021
A handful of states could pass significant medical marijuana reforms this year, providing for additional licensing opportunities and potentially hundreds of millions of dollars in new sales for existing operators and ancillary services. Here’s a …
Minnesota governor favors adult-use marijuana, but Senate is a hurdle
Minnesota Gov. Tim Walz is again trying to prod lawmakers to consider legalizing a recreational marijuana market, but the Republican-controlled state Senate is seen as an obstacle. The issue came up again this week as Walz unveiled his administration&#…
Massachusetts city drops onerous ‘impact fee’ on cannabis businesses
A Massachusetts municipality became the first in the state to stop assessing a controversial 3% “community impact fee” on licensed cannabis businesses. The move, if adopted by other Massachusetts communities, could ease some of the financial burden mar…
Boycott spurs Massachusetts cannabis trade group to withdraw delivery suit
A Massachusetts cannabis retail association is backing off its legal challenge to the state’s social equity-focused delivery licensing plan after a swift backlash from many of the group’s members. The Commonwealth Dispensary Association (CD…