Cannabis News Box

Despite legalization, the CBD and hemp industries are facing discrimination

Despite legalization, the CBD and hemp industries are facing discrimination

Bethan Rose Jenkins, Cannabis News Writer/Editorial

August 21, 2019

The 2018 U.S. Farm Bill was expected to eliminate the uncertainty that enshrouds the hemp and CBD industries. In spite of it passing with President Donald Trump’s signature in December of last year, a great deal of discrimination still clouds the ambiguous legal CBD market. CBD (cannabidiol) is...

U.S. Supreme Court rejects 280E cannabis tax case filed by dispensary owners in Colorado

U.S. Supreme Court rejects 280E cannabis tax case filed by dispensary owners in Colorado

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 15, 2019

Entrepreneurs involved in the cannabis industry still face a number of obstacles, such as cannabis banking woes and tax burdens. For the owners of one medical cannabis dispensary in Colorado, confusion regarding IRS tax code 280E has cost them a hefty fee.  Breckenridge-based dispensary Alpenglow Botanicals w...

Cannabis legalization is a hot political topic in the U.S.

Cannabis legalization is a hot political topic in the U.S.

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 15, 2019

As the “Green Rush” continues to spread across the United States of America, it is clear that the political stance on cannabis legalization is metamorphosing. Globally, the market is estimated to be worth $55.8 billion by 2025 and the U.S. is forecasted to bulk-up its economy with $25 billion in cannabis revenue during the same time peri...

CSA