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Marijuana Arrests Dropped Sharply In 2020 As Both COVID And Legalization Spread, FBI Data Shows

Marijuana Arrests Dropped Sharply In 2020 As Both COVID And Legalization Spread, FBI Data Shows

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...
IRS Official Offers Tax Advice To Marijuana Businesses And Says Feds Expect Industry To Keep Growing

IRS Official Offers Tax Advice To Marijuana Businesses And Says Feds Expect Industry To Keep Growing

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...
Innovative Industrial Properties to Invest Up to $56.3 Million in Goodness Growth New York Expansion

Innovative Industrial Properties to Invest Up to $56.3 Million in Goodness Growth New York Expansion

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...
L.A. County District Attorney George Gascón Announces Office Will Dismiss 60K Old Cannabis Convictions

L.A. County District Attorney George Gascón Announces Office Will Dismiss 60K Old Cannabis Convictions

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...
Foothill Capital Management Announces the Cannabis Growth ETF

Foothill Capital Management Announces the Cannabis Growth ETF

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...
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