by InfluencER | Sep 28, 2021 | Politics and Law
Marijuana arrests declined significantly in 2020 amid the coronavirus pandemic, newly released FBI data shows. There were 1,155,610 drug-related arrests overall last year, with cannabis sales and possession busts accounting for just over 30 percent (or 350,150) of...
by InfluencER | Sep 28, 2021 | Politics and Law
The Internal Revenue Service (IRS) says it expects the marijuana industry to continue to grow, and it’s offering some tips to cannabis businesses on staying compliant with taxes while the plant remains federally prohibited. In a blog post on Monday, IRS’s De Lon...
by InfluencER | Sep 28, 2021 | Investors
Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it is extending its long-term real estate relationship with Goodness...
by InfluencER | Sep 28, 2021 | Politics and Law
L.A. County District Attorney George Gascón said Monday that his office will dismiss nearly 60,000 old marijuana convictions. “Dismissing these convictions means the possibility of a better future to thousands of disenfranchised people who are receiving this...
by InfluencER | Sep 28, 2021 | Investors
Foothill Capital Management www.foothillcap.com announced today the conversion of its Cannabis Growth Fund (CANIX), which launched in 2019, into the Cannabis Growth ETF (BUDX) www.cannabisgrowthfunds.com. The specialized asset manager believes that the new structure...