Darren Weiss

Marijuana companies would be "treated like normal businesses," if the oppressive restrictions of Section 280E of the Internal Revenue Code, which prevents cannabis businesses from deducting typical business expenses, go away. That's according to Darren Weiss, president of Verano Holdings Corp. (...

At the Benzinga Cannabis Capital Conference in Hollywood, Florida, Constantin von der Groeben, managing director of Demecan, declared a pivotal moment for global cannabis legislation. ‘We’ve reached a tipping point. I think there’s no stepping back from Germany’s cannabis...

Verano Holdings Corp. (OTCQX:VRNOF) has launched the Cabbage Club, a national weed membership club. Cabbage Club will be available in Verano's 13 Zen Leaf dispensaries in New Jersey and Illinois. The company plans to expand this novelty across its 138 dispensaries in 13 states. Interestingly,...

A coalition of U.S. cannabis operators and investors filed a lawsuit on Wednesday against U.S. Attorney General Merrick Garland to block the federal government from enforcing cannabis prohibition for state-legal activity. Plaintiffs In The Lawsuit Filed in the U.S. District...

Marijuana businesses have been struggling to raise capital for years. Now the industry is hanging on hopes of major federal reform that would resolve the money issue. With the SAFER Banking Act approved by a Senate committee on Wednesday, optimism is rising. Still, the question is...

Alabama joined the growing list of states that legalized medical marijuana in 2021. Now, a push from the Alabama Cannabis Coalition wants to change the law. Why? Lawsuits and disagreements have consistently plagued the new cannabis market rollout due to the limited number of cannabis licenses and...

On August 29, 2023, the U.S. Department of Health and Human Services (HHS) recommended the DEA reclassify marijuana and move it from Schedule I to Schedule III, following a review by the Food and Drug Administration (FDA), as part of a process initiated by President Joe Biden in...

Alabama cannabis regulator is getting sued yet again. This time, a medical cannabis company applying for a license filed a defamation lawsuit against the Alabama Medical Cannabis Commission (AMCC). The lawsuit from Medella LLC alleges that the AMCC's assessments of various license candidates...

It seems that the Alabama Medical Cannabis Commission has acknowledged that the file size restrictions it imposed on applicants' attachments have caused "extenuating circumstances" for certain companies applying for medical cannabis licenses, reported Alabama Political Reporter. This...

"This is a big moment for us," says George Archos, CEO of Verano Holdings Corp (CSE: VRNO)(OTCQX: VRNOF), in light of the recent announcement where the Department of Health and Human Services (HHS) recommended the Drug Enforcement Administration (DEA) to reclassify cannabis from a...

The issuance of business licenses for medical cannabis in Alabama has been put on hold for the second time, reported WSFA. What Happened On Thursday, the members of the Alabama Cannabis Industry Association (AMCC) voted to maintain a pause on issuing business licenses that were awarded on August 10...

As Alabama's cannabis regulators prepare to redo medical marijuana's license allocations yet again, after failing to award them twice, the CEO and founder of one of the major players in the space reached out to Governor Kay Ivey. George Archos, the successful...

Alabama's cannabis regulator believes redoing the medical cannabis license allocation for the third time might be the charm. But Montgomery Circuit Judge James Anderson, who recently initiated a temporary restraining order that halted the ongoing licensing process, does not share that...

Chicago-based marijuana company Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) sued the Alabama Medical Cannabis Commission (AMCC) on Monday, reported Alabama Reflector. Why? Verano first secured Alabama's highly sought-after Integrated Facility License in June as part of the commission's...

Montgomery Circuit Judge James Anderson has initiated a temporary restraining order that halted the ongoing medical cannabis licensing process undertaken by the Alabama Medical Cannabis Commission, reported Alabama Political Reporter. "The court is concerned about how long this process is...