On August 19, 2021, the New Jersey Cannabis Regulatory Commission approved the first set of rules governing the state’s adult-use cannabis program. The rules will allow the Cannabis Regulatory Commission to begin licensing...more
On Monday February 23, 2021, Governor Phil Murphy signed three bills into law that establish a recreational cannabis program in New Jersey for adults who are at least 21 years old. ...more
While the votes are still being counted for the presidential election, the results are in for cannabis ballot initiatives. Voters around the country voted in favor of legalizing recreational and medicinal cannabis in each...more
Five states could legalize recreational or medicinal cannabis — or both ― in November. The initiatives could help raise millions of dollars of needed tax revenue for these states, particularly those facing COVID-related...more
Governor Wolf announced on August 25, 2020, a call to action for the state legislature to legalize recreational marijuana, which he cited as a strong potential source of revenue for the commonwealth. ...more
The new year could bring big changes in Pennsylvania for cannabis businesses and individuals who use cannabis products. Here are some of the state bills introduced in 2019 to keep an eye on in 2020....more
Less than one year after hemp production was legalized by the 2018 Farm Bill, the U.S. Department of Agriculture (USDA) released its proposed industrial hemp regulations. These eagerly anticipated regulations establish a...more
The following three cases published this past summer provide guidance to cannabis businesses and their owners in preparing their federal income tax returns. These cases turn on the application of IRC Section 280E, which...more
The U.S. Small Business Administration (SBA), a U.S. government agency created to support small businesses and entrepreneurs, updated its lending policy to prohibit lending to marijuana and hemp-related businesses — and to...more
On June 7, Senators Elizabeth Warren, D-Mass., and Cory Gardner, R-Colo., introduced a bill that would permit states to pass their own marijuana laws without interference from the federal government. ...more
On January 4, Attorney General Jeff Sessions rescinded the Obama-era protection that has allowed the cannabis industry to flourish despite marijuana being illegal under federal law. In 2013, then-Deputy Attorney General James...more
The growing, processing, dispensing, and use of medical marijuana became legal in Pennsylvania on May 18, 2016, under the Medical Marijuana Act, Act 2016-16 (S.B. 3), 35 P.S. § 10231.101, et seq. (the Act). Medical marijuana...more