The Agriculture Improvement Act of 2018 (the 2018 Farm Bill) has officially been signed into law. One of the major components of this legislation of industrial hemp. This blog post will mainly focus on what the tax implications of this legalization and contrast tax differences of a federal legal hemp business versus a federally illegal business subject to section 280E. Continue reading “The 2018 Farm Bill – What it Means for Hemp Farmers’ Tax Bill”→
Oregon cannabis retailers caught selling to minors will face harsher penalties under a temporary rule approved by state regulators on Friday. That means heavier fines, longer license suspensions, and even the revocation of individual worker permits.
A bizarre kidnapping and robbery case sparked a raid by law enforcement Wednesday at a house off West McAndrews Road where police say they seized 180 pounds of illegal marijuana plants and arrested three men.
After Oregon’s first year of adult-use cannabis sales, the state’s legal market is already on pace with more established ones in Washington and Colorado, a new report shows. Controlling for population, sales in Oregon have closely tracked Colorado’s and exceeded sales in Washington state.
A bipartisan bill has been introduced by freshman House Rep. Tom Garrett (R-Va.), that would remove marijuana completely from the Controlled Substances Act, effectively decriminalizing cannabis under federal law. Garrett, who replaced cannabis prohibitionist US Rep. Robert Hurt in Virginia’s fifth congressional district, campaigned on a promise to make cannabis reform a priority. Continue reading “State of the Leaf: House Republican Wants to Deschedule Cannabis”→
Kush Bottles Inc (OTCMKTS:KSHB) is an interesting play in the cannabis patch. The company has the financials in place to present to the market a compelling story for momentum investors. But shares haven’t responded very well since its massive rip higher from August to October of last year, a period that saw nearly 300% in gains in just about 60 days. Since then, it has been a slow grind back lower. This is despite a simple profile that includes major top-line growth and an extremely strong balance sheet. Continue reading “Kush Bottles Inc (OTCMKTS:KSHB) Broadens Its Oregon Footprint”→