The U.S. Ninth Circuit Court of Appeals halted a challenge to industry-hated tax rule 280E over a missed filing deadline.A Thursday opinion upheld the U.S. Tax Court’s dismissal of challenges to income tax deficiencies issued by the IRS. The companies--Organic...
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EXCLUSIVE: This THC-O merchant says he’s here to stay
Ask a California operator who their toughest competitor is and they’ll probably say the illegal market. But these days the industry has another asymetric competitor: the murky market for hemp-derived...
Calif. labelling wars aren’t over
A bill that aims to keep weed away from kids is likely to attract strong pushback from the California cannabiz.Introduced in February by Assembly Member Jacqui Irwin, (D-LA and Ventura...
Amid investor freeze, Lowell plans to restructure
After failing to find a buyer, the parent of venerable California brand Lowell Smokes announced a proposed restructuring and debt settlement plan this week.Departing Chairman George Allen told WeedWeek that...