United States

Synonyms: 
USA
the states
the US
Wed
22
Jan

The Feds Request Info on Cannabis & Migraines

The federal Department of Health and Human Services’ Agency for Healthcare Research and Quality (AHRQ) is putting out a call for research on marijuana’s impact on migraines.

Tue
21
Jan

California lawmakers say pot taxes must be cut to help an industry ‘on the brink’

California lawmakers on Friday revived a proposal to temporarily cut taxes on marijuana to boost a legal market that one official said is “on the brink of collapse,” drawing encouragement from Gov. Gavin Newsom as he seeks to overhaul state pot regulators.

The bill would cut the state excise tax on marijuana sales from 15% to 11% for three years while eliminating a cultivation tax for that period. Similar legislation has been shelved in the last two years, with Newsom saying he felt it was too soon after legalization to make changes to the law.

Tue
21
Jan

How Cannabis Businesses Can Prepare for Tax Season

Taxes can give everybody a headache, but perhaps nobody’s tax headaches are bigger than in the cannabis industry. That’s because, when filing their taxes, plant-touching businesses must adhere to the Byzantine regulation of Internal Revenue Code Section 280E.

A Little About 280E

The 280E statute bans businesses from deducting business expenses for gross income associated with the trafficking of Schedule I or II substances. While other businesses can deduct any number of expenses when filing their taxes — employee salaries, rent, equipment, electricity, etc. — 280E limits cannabis companies to only expensing deductions directly related to earning a profit, or the cost of goods sold (COGs).

Mon
20
Jan

All You Ever Wanted to Know About Cannabis Activism

According to the Cambridge Dictionary, activism represents the use of direct and noticeable action to achieve a result, usually a political or social one.

If there’s one thing that history has taught us, it is that social change doesn’t just happen overnight.

Oppressed social groups that are experiencing severe discrimination and harassment have to fight long and hard to obtain and preserve their human rights.

But, thanks to these marginalized groups and their immense efforts, our society keeps evolving and allowing us to enjoy and practice our freedoms to a greater extent.

Mon
20
Jan

America’s Airline Traffic Is Now Full of Weed

Whether O’Hare International Airport in Chicago is “the world’s busiest” terminal for airline traffic depends on how you gauge such superlatives. If it’s by number of passengers, the busiest airport is Hartsfield-Jackson in Atlanta; if it’s by the sheer number of airplanes taking off and landing, the United Airlines hub in Chicago remains “busier” than anywhere else on the globe.

Mon
20
Jan

Will The FDA Soon Treat Hemp CBD As A Dietary Supplement?

This would be a significant change as the FDA has long held that Hemp CBD cannot be classified as dietary supplement.

The Food and Drug Administration (FDA) may soon change its tune on hemp-derived CBD (Hemp CBD) thanks to a bill recently filed by chairman of the House Agriculture Committee, Rep. Collin Peterson (D-MN) and cosponsored by Reps. Thomas Massie (R-KY), James Comer (R-KY) and Chellie Pingree (D-ME).

Mon
20
Jan

The Unlikeliest State Is Voting on Marijuana in November

Even though marijuana stocks had a miserable 2019, cannabis momentum marches on in North America. For instance, by no later than April 30, we should see Mexico officially become the third country in the world to legalize adult-use weed. That follows the country's Supreme Court ruling mandating that Congress come up with rules to regulate a retail cannabis market in Mexico.

Mon
20
Jan

Major Canadian pot companies facing proposed class-action lawsuits in the U.S.

Some of Canada's biggest cannabis producers are facing proposed class-action lawsuits in the United States after investors were hit with steep financial losses in the stock market.

At least nine U.S. law firms are pursuing cases against Canopy Growth, Aurora Cannabis and Hexo Corp. in American courts.

Although the allegations vary, each pot producer is accused of misleading investors or failing to disclose certain problems with their businesses. When those problems became publicly known, the lawsuits claim, share prices plunged and investors were stuck with losses.

"[Investors] are mad; they were taken by surprise," said Reed Kathrein, a lawyer at Hagens Berman Sobol Shapiro LLP, which is pursuing claims against all three producers.

Fri
17
Jan

New Bill Seeks To Overturn U.S. CBD Dietary Supplement Marketing Ban

Chair of the USA’s House Agriculture Committee Collin Peterson has sponsored a bipartisan bill that would enable the FDA to allow marketing of hemp-derived cannabidiol (CBD) dietary supplements.

At present it’s illegal to market CBD by labeling it as a dietary supplement according to the FDA’s interpretation of federal law. The FDA has concluded CBD products are excluded from the dietary supplement definition under a provision in a section of the Federal Food, Drug, and Cosmetic Act (FD&C Act).

Thu
16
Jan

NFL Exploring CBD As Possible Treatment For Football Players

The NFL is remaining open to CBD, but remains firm there’s not enough evidence and research to recommend it for players.

The National Football League announced last year its intention to study marijuana as a potential pain management tool for its players. This week, the NFL took its first steps into that process. The Pain Management Committee, a joint group between the NFL and NFL Players Association, met with manufacturers of CBD products to understand the efficacy behind the cannabinoid.

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