Search Results: Florida

cannabis rescheduling IRS Advisory

IRS Stands Firm: 280E Limits Tax Benefits for Cannabis Industry

By / July 1, 2024 /

IRS Reminds Cannabis Businesses: Federal Tax Deductions on Hold Until Cannabis Rescheduling Finalized The Internal Revenue Service (IRS) has reiterated that cannabis businesses cannot currently claim federal tax deductions for…

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Draft Farm Bill Amendment Threatens Stability of Hemp Industry

By / June 28, 2024 /

Since the passage of the 2018 Farm Bill, individual states have taken the lead on regulating the industrial hemp market and hemp-derived consumer products in lieu of a regulatory framework.…

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Environmental Problems with Legalizing Recreational Cannabis

By / June 26, 2024 /

As Florida voters contemplate Amendment 3, which seeks to legalize recreational marijuana, it is crucial to understand the potential ecological impacts. While the amendment promises economic benefits and personal freedoms,…

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DeSantis Admits Hemp Ban Veto Aimed at Rallying Industry Against Cannabis Legalization

By / June 21, 2024 /

Florida Governor Ron DeSantis (R) acknowledged that his recent veto of a bill banning intoxicating hemp products was partly to engage the industry in opposing a marijuana legalization ballot initiative.…

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Ohio’s Cannabis Industry Gears Up for Adult-Use Market Launch

By / June 19, 2024 /

Ohio is gearing up for a significant shift in its cannabis landscape, transitioning from a medical marijuana market to one that also offers adult-use sales. This move sets Ohio apart…

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Gov. DeSantis Opposes Cannabis Legalization Despite Voter Support

By / June 14, 2024 /

Will Amendment 3 Go Up in Smoke or Light Up Florida? Between now and November, Florida voters will face a deluge of messages about Amendment 3, which proposes legalizing recreational…

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Blazing Ahead: Leading U.S. Markets for Pre-Roll Sales

By / June 14, 2024 /

Top U.S. Markets Driving Pre-Roll Sales As the demand soars, some U.S. markets are outperforming others, driving sales and setting new trends. Custom Cones USA’s recent report uncovered which markets…

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Nursery Growers Nationwide Benefit from Expanded USDA Insurance Options

By / June 13, 2024 /

In a significant move to support nursery producers across the United States, the U.S. Department of Agriculture (USDA) has announced the expansion of crop insurance tailored specifically for nursery growers…

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Cannabis Legalization Could Hit Three More States in November Elections

By / June 11, 2024 /

In states where lawmakers resist legalization efforts, advocates turn to ballot measures. Nebraskan Crista Eggers spearheads a petition to legalize medicinal marijuana, driven by her son’s medical needs. Nebraskan Campaign…

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Nebraska Advocates Push for Medical Cannabis Initiative

By / June 10, 2024 /

Nebraskan advocates from Nebraska for Medical Marijuana (NMM) are racing against time to secure signatures for their ballot initiative. As the July 3 deadline looms, campaign manager Crista Eggers emphasizes…

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