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IRS Advises Marijuana Businesses That They Still Can't Take Federal Tax Deductions Due To 280E Until Rescheduling Is Finalized
www.marijuanamoment.net IRS Advises Marijuana Businesses That They Still Can't Take Federal Tax Deductions Due To 280E Until Rescheduling Is Finalized - Marijuana MomentThe Internal Revenue Service (IRS) is advising marijuana companies that they still cannot take federal tax deductions for business expenses that afforded to other traditional industries unless the administration finalizes a rule to reschedule cannabis. In a press release on Friday, IRS clarified tha...
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Marijuana 'Not As Dangerous' As Previously Thought, Biden Campaign Says As It Promotes Pardons And Rescheduling In New Ads
www.marijuanamoment.net Marijuana 'Not As Dangerous' As Previously Thought, Biden Campaign Says As It Promotes Pardons And Rescheduling In New Ads - Marijuana MomentThe Biden campaign is stepping up its push to draw a contrast between the president’s marijuana policies at those of former President Donald Trump, stressing that cannabis is “not as dangerous as we once believed” on a new campaign page and buying ads promoting his clemency actions. As the November ...
- northpennnow.com Fast action sought in Pennsylvania on 220-page marijuana bill
Legislators pushing a bipartisan bill to legalize recreational marijuana warn that, without action, neighboring states will supply the drug — and carry away the tax revenue.
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Bipartisan Congressional Bill Would Create Centers of Excellence in Cannabis Research And Set A Federal Marijuana Science Agenda
www.marijuanamoment.net Bipartisan Congressional Bill Would Create Centers of Excellence in Cannabis Research And Set A Federal Marijuana Science Agenda - Marijuana MomentBipartisan congressional lawmakers have reintroduced a bill to set a federal marijuana research agenda and create a designation of “Centers of Excellence in Cannabis Research” for universities to carry out cannabis studies with federal grant money. The legislation filed by Reps. Scott Peters (D-CA) ...
- norml.org Proximity to Dispensaries Associated With Rising Home Values
Average annual increase in home values of $4,400
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Prenatal cannabis exposure has unexpected effect on infants (infants exposed to cannabis in the womb showed improved language development by their first birthday)
www.earth.com Prenatal cannabis exposure has unexpected effects on infant languageA recent study reveals unexpected effects of prenatal cannabis exposure on early language development in infants.
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'Now Is The Time' For The Feds To Shape Psychedelics Policy, RAND Corporation Report Says
www.marijuanamoment.net 'Now Is The Time' For The Feds To Shape Psychedelics Policy, RAND Corporation Report Says - Marijuana MomentAmid growing interest in the therapeutic value of psychedelics and efforts by some state and local jurisdictions to reform laws around the drugs, a new report from the RAND Corporation says that “now is the time” for federal policymakers to decide how to regulate psilocybin and other substances. The...
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Marijuana Rescheduling Won't Affect Drug Testing For Truckers, Transportation Secretary Buttigieg Says
www.marijuanamoment.net Marijuana Rescheduling Won't Affect Drug Testing For Truckers, Transportation Secretary Buttigieg Says - Marijuana MomentU.S. Transportation Secretary Pete Buttigieg says that moving cannabis to Schedule III of the federal Controlled Substances Act wouldn’t affect drug testing policies for commercial truckers, noting that the Department of Transportation (DOT) specifically lists marijuana as substance to screen for. “...
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NCAA Votes To Remove Marijuana From Banned Substances List For College Athletes
www.marijuanamoment.net NCAA Votes To Remove Marijuana From Banned Substances List For College Athletes - Marijuana MomentThe National Collegiate Athletic Association (NCAA) has voted to remove marijuana from its banned substances list for Division I players, effective immediately. About five months after NCAA’s Division I Council proposed the rule change, the body adopted the policy on Tuesday, emphasizing that cannab...
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UN Human Rights Experts Say Counties Should Legalize Drugs To 'Eliminate Profits From Illegal Trafficking'
www.marijuanamoment.net UN Human Rights Experts Say Counties Should Legalize Drugs To 'Eliminate Profits From Illegal Trafficking' - Marijuana MomentDozens of United Nations (UN) human rights experts are championing a less-punitive approach to global drug policies, urging member nations to focus less on punishment and criminalization and more on harm reduction and public health while specifically calling for “decriminalisation of drug use and re...
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Delaware Bill To Let Medical Marijuana Dispensaries Begin Recreational Sales Clears Senate Committee
www.marijuanamoment.net Delaware Bill To Let Medical Marijuana Dispensaries Begin Recreational Sales Clears Senate Committee - Marijuana MomentA Delaware Senate committee has advanced a House-passed bill that would let existing medical marijuana businesses in the state begin selling cannabis to adults, a move designed to allow recreational sales to begin months earlier than planned. Critics, however, say the legislation would give an unfai...
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Biden vs. Trump on cannabis (Newsletter: June 27, 2024)
www.marijuanamoment.net Biden vs. Trump on cannabis (Newsletter: June 27, 2024) - Marijuana MomentNCAA ends marijuana testing; Congressional cannabis amendments blocked; DE marijuana banking; UN drug report Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes ...
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Biden Vs. Trump On Marijuana: Where The Candidates Stand Heading Into The 2024 Election
www.marijuanamoment.net Biden Vs. Trump On Marijuana: Where The Candidates Stand Heading Into The 2024 Election - Marijuana MomentAs Election Day approaches, drug policy has again emerged as a key campaign issue for incumbent President Joe Biden and former President Donald Trump—with each candidate’s policy positions around marijuana coming back into focus. Biden’s campaign is hoping to leverage the popularity of cannabis refo...
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Delaware Lawmakers Send Marijuana Banking Bill To Governor's Desk
www.marijuanamoment.net Delaware Lawmakers Send Marijuana Banking Bill To Governor's Desk - Marijuana MomentThe Delaware Senate has approved a House-passed bill that would enact state-level protections for banks that provide services to licensed marijuana businesses—sending it to the governor’s desk. The legislation, filed by Rep. Ed Osienski (D) and Sen. Trey Paradee (D), cleared the House in March and t...
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Congressional push to block cannabis rescheduling (Newsletter: June 26, 2024)
www.marijuanamoment.net Congressional push to block cannabis rescheduling (Newsletter: June 26, 2024) - Marijuana MomentHI gov signs marijuana expungements; USDA hemp promotion grant; DeSantis criticizes legalization; Truckers talk cannabis rules; OR psilocybin lawsuit Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories...
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UN Annual Drug Report Says Marijuana Legalization May Shrink Illicit Market And Notes Emergence Of 'Psychedelic Renaissance'
www.marijuanamoment.net UN Annual Drug Report Says Marijuana Legalization May Shrink Illicit Market And Notes Emergence Of 'Psychedelic Renaissance' - Marijuana MomentA new United Nations (UN) report on worldwide drug trends acknowledges that marijuana legalization in the U.S. and Canada may have helped to shrink the size of illicit markets, while at the same time driving significant drops in the number of people arrested for cannabis offenses. It also notes the ...
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Pa. House introduces marijuana legalization bill as momentum for recreational cannabis builds
penncapital-star.com Pa. House introduces marijuana legalization bill as momentum for recreational cannabis builds • Pennsylvania Capital-StarThe bill is largely similar to a bipartisan Senate bill that has been stalled since its introduction almost a year ago.
- www.benzinga.com Nine In 10 Americans Back Marijuana Legalization: What It Means For The Future Of Cannabis
Here's where the U.S. is on marijuana support and legalization, according to a January 2024 Pew Research Center survey.
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GOP Congressional Panel Moves To Block Marijuana Rescheduling While Amending Medical Cannabis Rider With Penalties For Sales Near Schools
www.marijuanamoment.net GOP Congressional Panel Moves To Block Marijuana Rescheduling While Amending Medical Cannabis Rider With Penalties For Sales Near Schools - Marijuana MomentA GOP-controlled congressional committee has unveiled a key spending bill that contains a provision to block marijuana rescheduling, while also amending a longstanding rider protecting medical cannabis states from federal interference by adding new language to authorize enhanced penalties for sales ...
- news.bloomberglaw.com DEA’s Marijuana Rescheduling Move Would Trim Business Penalties
Neal Gerber Eisenberg attorneys examine tax and banking impact of DEA proposed rulemaking on rescheduling marijuana and momentum for more legal reforms.
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USDA Awards $745,000 For Hemp Association To Promote The Industry In 'New Markets' Across The World
www.marijuanamoment.net USDA Awards $745,000 For Hemp Association To Promote The Industry In 'New Markets' Across The World - Marijuana MomentThe U.S. Department of Agriculture (USDA) has awarded $745,000 to a hemp association to support efforts to promote the industry internationally in emerging markets across the world. The National Industrial Hemp Council of America (NIHC) announced on Friday that it secured the funding under USDA’s Re...
- sign.moveon.org Petition to Protect New Jersey Cannabis Workers and Promote Local Industry
Support local cannabis jobs and ensure a safe, fair, and equitable industry.
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Key House Committee Blocks All Marijuana Amendments To Three Spending Bills From Getting Floor Votes
www.marijuanamoment.net Key House Committee Blocks All Marijuana Amendments To Three Spending Bills From Getting Floor Votes - Marijuana MomentA powerful House committee has rejected multiple marijuana-related amendments to a series of spending bills, including proposals to ban certain federal agencies from testing job applicants for cannabis and prevent border patrol agents from seizing marijuana from state-licensed businesses. The House ...
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Groups Push DEA To Hold Hearing On Biden Administration's Marijuana Rescheduling Proposal
www.marijuanamoment.net Groups Push DEA To Hold Hearing On Biden Administration's Marijuana Rescheduling Proposal - Marijuana MomentOpponents of federal marijuana reform—and some legalization supporters—are requesting that the Drug Enforcement Administration (DEA) hold public hearings on the government’s planned move to reschedule marijuana from Schedule I to Schedule III of the Controlled Substances Act. Prohibitionists, law en...
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They got busted for weed. Now Delaware might license them to grow or sell it legally
whyy.org They got busted for weed. Now Del. might license them to grow or sell it legallyMore than one-third of Delaware licenses will go to people who have marijuana convictions or grew up in a “disproportionately impacted area.”
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Top United Nations Health Official Calls On Countries To Replace War On Drugs With 'Alternative Regulatory Approaches'
www.marijuanamoment.net Top United Nations Health Official Calls On Countries To Replace War On Drugs With 'Alternative Regulatory Approaches' - Marijuana MomentA United Nations expert on the right to health is urging member nations to end the war on drugs and instead enact harm-reduction policies such as decriminalization, supervised consumption sites, drug checking and widespread availability of overdose reversal drugs like naloxone—while also moving towa...
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Pennsylvania Lawmakers Suggest Marijuana Legalization Could Advance Imminently, As Neighboring State Markets Add Urgency To Reform
www.marijuanamoment.net Pennsylvania Lawmakers Suggest Marijuana Legalization Could Advance Imminently, As Neighboring State Markets Add Urgency To Reform - Marijuana MomentPennsylvania lawmakers are signaling that a bill to legalize marijuana could advance imminently—with few remaining differences between House and Senate proposals, an added sense of urgency as more neighboring state markets come online and bipartisan agreement about the need to avoid a state-run regu...
- mjbizdaily.com Pennsylvania marijuana operators vexed by state-mandated software
According to industry operators, MJ Freeway does not allow two-way API with some software programs that track marijuana inventory and sales.
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Truckers Support Marijuana Rescheduling, But Industry Group Warns Of 'Significant Negative Consequences'
www.marijuanamoment.net Truckers Support Marijuana Rescheduling, But Industry Group Warns Of 'Significant Negative Consequences' - Marijuana MomentThe country’s leading trucking trade group is warning that rescheduling marijuana could lead to “significant negative consequences” for both the industry and other motorists on the road. But many individual truck drivers disagree, with some having filed comments with federal officials in support of ...
- hightimes.com New Report Showcases Potential of Pennsylvania Adult-Use Industry Following Legalization
The report shows that the first year of legalization could net up to $2.8 billion in sales and create up to 45,000 new jobs.
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Pennsylvania cannabis legalization could happen quick, lawmakers say (Newsletter: June 25, 2024)
www.marijuanamoment.net Pennsylvania cannabis legalization could happen quick, lawmakers say (Newsletter: June 25, 2024) - Marijuana MomentNC medical marijuana; Rescheduling hearing push; LA gov signs cannabis & hemp bills; Dallas decrim; UN official: End drug war; DEA psychedelics suit Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories ...
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Ohio cannabis licenses issues ahead of recreational sales launch (Newsletter: June 24, 2024)
www.marijuanamoment.net Ohio cannabis licenses issues ahead of recreational sales launch (Newsletter: June 24, 2024) - Marijuana MomentCO & MD govs on fed rescheduling; DeSantis on FL hemp veto; AZ gov signs MDMA; LA gov vetoes marijuana pardons; NH legalization poll Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the ...
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Federal Court Dismisses Lawsuit Against DEA Over Proposed Psychedelics Ban
www.marijuanamoment.net Federal Court Dismisses Lawsuit Against DEA Over Proposed Psychedelics Ban - Marijuana MomentA federal court has dismissed a case challenging the constitutionality of the Drug Enforcement Administration’s (DEA) process for adjudicating scheduling actions as the agency seeks to ban two psychedelic compounds. In an order of dismissal that was filed in the U.S. District Court for the Western D...