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GCM Roundup | March 5, 2021
Oklahoma cannabis regulators are moving to revoke the license and suspend operations of the quality-testing laboratory Nationwide Engineering and Testing for alleged poor practices.
State lawmakers passed a bill out of the Oklahoma House that would allow anyone from all 50 states to get a medical marijuana license for two years without being a resident.
Taxes from medical cannabis in Oklahoma are outpacing other sectors of the economy in percentage of revenue growth.
A price war has broken out in Oklahoma cannabis and competition is intense among the state’s 2,200 licensed dispensaries. Oklahoma leads the nation in dispensaries per capita.
Demand for industrial property in Oklahoma City remains strong due in part to demand from cannabis businesses for places to grow, process, and store their products.
Here’s what we know about the 67 days that Oklahoma cannabis businesses were given to become compliant with Metrc’s seed-to-sale tracking technology.
The former drug czar of the United Kingdom says leaders there should consider giving cannabis to prison inmates to treat addiction and reduce violence.
Although small and tightly regulated, the state of Texas does have a medical marijuana program. Here are details about how some of these early Texas cannabis businesses survived major winter storms.
Although cannabis takes up less water than other major crops in California, there are still opportunities for cannabis businesses there to improve their water usage.
Two applicants for cannabis business licenses in Missouri challenged their denials and won. The St. Louis Post-Dispatch calls it “a blow to the state, which limited the number of available marijuana business licenses and denied hundreds of medical marijuana business applications, only to be met with a wave of challenges.”
Sales of pre-roll joints are booming across the cannabis industry despite fears that fewer people would want to buy and share them during COVID.
A 57-year-old Georgia man in prison for life over a nonviolent cannabis offense was granted compassionate release. A law firm represented the man for free and argued to a judge that he was at risk of dying from COVID behind bars.
The head of the Internal Revenue Service wants to make it easier for cash-intensive cannabis businesses to begin paying their taxes electronically.
Is your cannabis business structured in a way that you’re taking full advantage of the many opportunities to reduce your tax bill despite the burden of 280E? Find out here.
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