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Wauconda approves 3% tax on recreational pot sales, if they’re ever allowed there

Wauconda trustees on Tuesday approved a 3% tax on recreational marijuana sales — if pot shops ever open in town. Village board members still haven’t decided if they’ll allow cannabis dispensaries, growing centers and related businesses to operate in Wauconda. Source: Wauconda approves 3% tax on recreational pot sales, if they’re ever allowed there Advertisements

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Underbanked cannabis industry struggles to finance double-digit growth, leaving business owners empty-handed

A display of bottles for CBD sale is seen at The Cannabis World Congress & Business Exposition (CWCBExpo) trade show in New York City, New York, U.S., May 30, 2019. REUTERS/Mike Segar Mike Segar | Reuters Harmony Dispensary, a medical marijuana cultivator and dispensary in Secaucus, New Jersey, has a Zen-looking shopfront with light green[…]

National Cannabis Industry Association Releases Guidelines for Federal Cannabis Regulation After Legalization

Report urges Congress to remove cannabis from the Controlled Substances Act; suggests classifications for different cannabis products, most appropriate federal agencies and methods to regulate them WASHINGTON, D.C. – On Tuesday, the National Cannabis Industry Association (NCIA) announced the release of a paper providing extensive guidance on how cannabis should be regulated at the federal[…]