Adam Goers

Ohio’s medical marijuana companies are gearing up to enter the legal recreational cannabis market following recent regulatory approvals. Dual-use applications for existing medical marijuana dispensaries that want to sell recreational cannabis products should be available by June 7, according...

Connecticut lawmakers took a major step toward bolstering the state's marijuana industry by advancing two bills to Gov. Ned Lamont (D) for final approval. The first, a budgetary measure that seeks to provide tax relief to licensed cannabis businesses, which are currently barred from...

Oregon Congressman Earl Blumenauer is taking another shot at passing the Small Business Tax Equity Act, a bill that aims to amend an IRS code to allow state-legal cannabis businesses to take federal tax deductions. Blumenauer, a House member who founded the Congressional Cannabis Caucus,...

On Wednesday, a panel of experts at the Benzinga Cannabis Capital Conference discussed the issue of the IRS code 280E, which prohibits the marijuana industry from taking federal deductions. This limitation prevents cannabis companies from benefiting from key tax deductions in their federal...

On Wednesday, New York became the 15th state to legalize recreational cannabis, after Gov. Andrew Cuomo signed the recently passed bill into law. The legislation — which allows adults over 21 to possess small amounts of cannabis, cultivate up to six plants and buy marijuana from licensed...