At National Banking Summit, Cannabis Banking Gets A Moment Back in the Spotlight
After a narrow miss at the end of 2022, lawmakers and advocates pushing for the SAFE Banking Act are piecing together their strategy for the new Congress.
Marlboro-Maker Altria Tinkers With Cannabis Flavors
In new patent applications, Altria and the University of Virginia focus on how to modify cannabis plants to “control the formation of terpenes that impart specific flavor and aroma characteristics.”
Kellogg, PepsiCo, General Mills Call on Congress to Act on Copycat Cannabis Edibles
In a letter led by the Consumer Brands Association, some of the biggest brands in the world urged action on THC edibles that resemble their own products.
Unionization Efforts Leave Cannabis Growers Behind, But Change Could Be Coming
Organized labor continues to represent cannabis sector workers, but has struggled to sign up the people who tend to the plants. The more union-friendly Biden administration could change that.
Altria CFO Reiterates Company’s U.S. Cannabis Plans
Altria, maker of Marlboro, is “excited about the U.S. opportunity for our investment in Cronos,” a Canadian cannabis company, the company’s CFO said during a consumer conference Wednesday.
Accountants from Coast to Coast Meet to Discuss Cannabis Issues
California and Colorado Society of CPAs hosted a national business symposium focused on cannabis.
The IRS Is Building Cannabis Compliance Teams
In a virtual UCLA panel this week, a rep from the IRS laid out how the tax agency is aiming to work with the cannabis industry.
A Virgin Island Legalization Plan Rests on Tourism. Are the Tourists Coming?
Critics want to slow down and get the plan right, and some worry that Covid may render projections too rosy.
Q&A: California State Treasurer Fiona Ma Talks Cannabis, Safe Banking, and Social Equity
The coronavirus slowed the push for cannabis industry access to banking, but the conversation might be more relevant now than ever.
Some of America’s Biggest Hemp Companies Qualified for PPP Loans
A Cannabis Wire analysis shows that a handful of ancillary cannabis companies did, too.
Can Harborside Win Its Long Fight With the Feds?
One of the oldest names in cannabis, Harborside has been battling a federal tax bill for years, and the outcome could shape the industry’s future.
Essential But Nervous: Cannabis Workers on the Front Line of a Pandemic
Some employees worry about their health as well as their jobs.
Q&A: Cannabis Delivery Is in the Spotlight Due to COVID-19. What’s Next?
Cannabis Wire spoke with Jaci Flug, former general counsel for the New York State Liquor Authority, about her new role at alcohol delivery platform Drizly and its cannabis arm Lantern, and Lantern’s president.
Cannabis Regulators Respond to Coronavirus Concerns
US cannabis consumers and patients are asking questions like: will my local shop close? Will delivery be an option? Cannabis Wire is tracking cannabis regulators’ announcements.
Canopy Growth Has Slashed Roughly 800 Jobs Since March
On Wednesday, the Canadian company, one of the highest-valued cannabis companies in the world, announced its third round of layoffs since last month.
Canopy Growth Cuts Cannabis and Hemp Operations Around the Globe
CEO David Klein said the moves aim “to lower our cost structure and reduce our cash burn.”