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Illinois’ Medical Cannabis Program Sees Record Growth

Illinois’ Medical Cannabis Program Sees Record Growth

U.S., October 22, 2019 (CANNABIS BUSINESS TIMES)- Illinois’ medical cannabis program has experienced record growth since changes to the law expanded patient access. More than 87,000 patients have qualified for the program since medical cannabis dispensaries opened in November 2015, according to The Register-Mail, and 37,000 new patients registered in the …

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US Tax Court rules cannabis deductions are not allowed

US Tax Court rules cannabis deductions are not allowed

U.S, October 24, 2019  (Marijuana Bussiness Daily)- The U.S. Tax Court again ruled that Section 280E of the Internal Revenue Service tax code is constitutional and cannabis companies aren’t entitled to common business deductions. The Tax Court concluded that marijuana remains a Schedule 1 controlled substance, and thus, under current …

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Approval of cannabis vapes in Canada comes in midst of health scare over outbreak of vaping-related illnesses and deaths

Approval of cannabis vapes in Canada comes in midst of health scare over outbreak of vaping-related illnesses and deaths

Canada, October 21, 2019 (420 Intel)-The regulation of cannabis vape pens in Canada arrives in the middle of widespread concern over an outbreak of serious lung ailments and deaths linked to vaping. U.S. health officials have reported 1,299 cause of lung injuries and 26 deaths. In Canada, two confirmed and …

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