Cannabis Stocks Archives - CannabisNewsWire

TuesdayMar 17, 2026 4:20 pm

420 with CNW — IRS Clarifies Post-Rescheduling 280E MSO Marijuana Tax Arrears

Several large cannabis companies operating across multiple U.S. states collectively owe over $1.6 billion in unpaid federal taxes, according to information disclosed in recent corporate filings. The outstanding balances stem largely from disputes over Internal Revenue Code Section 280E, a provision that significantly limits the deductions marijuana businesses can claim. Some marijuana companies have intentionally withheld payments in an attempt to preserve cash while challenging the rule. In a recent court filing tied to a marijuana tax dispute, IRS attorneys said the liabilities remain enforceable under existing law. They also say recent political developments surrounding federal cannabis policy do not alter obligations tied to earlier tax years. Section 280E prevents businesses that handle substances listed under…

ThursdayFeb 19, 2026 4:20 pm

420 with CNW — Massachusetts Considers Freezing Issuance of Marijuana Cultivation Licenses

Cannabis stores across Massachusetts are moving more product than in previous years as the number of licensed businesses reaches a record high in what has become a $1.6 billion annual industry. Even so, regulators are weighing a temporary halt on new cultivation licenses as growers grapple with falling wholesale and retail prices. Massachusetts, like several other states, is facing a glut of product. That imbalance has driven prices down sharply. Data from the state cannabis commission show that the average cost of an eighth of an ounce dropped to $14.20 last November, a steep decline compared with earlier years of the legal market. According to commission figures,…

WednesdaySep 03, 2025 4:20 pm

420 with CNW — US Congressmen Reintroduce Comprehensive Cannabis Reform Bill

Congress could finally advance a measure to legalize cannabis federally this legislative session. Representatives Jerrold Nadler, Ilhan Omar, Nydia Velázquez, and Dina Titus have once again put forward the MORE Act. The measure is one of the most far-reaching pieces of cannabis reform ever introduced in Congress. Now in its fourth version, the 91-page legislation would remove cannabis from the federal list of controlled substances, effectively legalizing it nationwide and ending the inconsistent rules across different states. It also seeks to correct the harm caused by decades of harsh drug policies, especially in low-income neighborhoods and communities of color. It…

WednesdayAug 13, 2025 4:20 pm

420 with CNW — Partnership Between Cannabis Tracking Software Providers Leaves Marijuana Industry Concerned

Leading cannabis compliance and tracking company Metrc entered into a new partnership with its rival BioTrack, sparking speculation about the future of marijuana tracking in the United States. The recent announcement has left many licensed operators and state regulators uncertain about its implications, particularly in New York, where a functioning seed-to-sale system is still pending for the state’s $1.5 billion cannabis market. For years, the U.S. cannabis industry has relied mainly on two Florida-based firms to manage its product tracking systems. Metrc, based in Lakeland, currently holds contracts with twenty-nine states, requiring all licensed operators in these areas to use…

TuesdayApr 29, 2025 4:20 pm

420 with CNW — New York’s Social Equity Program Grapples with Predatory Investors

In 2022, a couple, Kim Stetz and her partner Marq Hayes submitted an application for a Conditional Adult-Use Recreational Dispensary (CAURD) license. Their goal was to open an adult-use marijuana store called Brown Budda in New York. They were among over 900 applicants hoping to secure a social equity CAURD permit, a surprisingly low number given the state’s history of cannabis-related arrests. Out of all the applicants, only 32 individuals were initially selected for provisional approval. Fast forward two and a half years and Brown Budda is fully licensed and had even launched delivery operations. However, the municipality they are…

TuesdayMar 25, 2025 10:00 am

40% of Veterans With Chronic Pain Say They Use Cannabis to Ease Symptoms

A recent study has revealed that four in every ten U.S. military veterans suffering from chronic pain use cannabis to manage their symptoms. Published in the journal Global Advances in Integrative Medicine and Health, the study found that 40% of veterans turn to marijuana to alleviate issues related to pain, sleep disturbances, and mobility challenges. Additionally, a significant number of veterans reported using cannabis to cope with stress, anxiety, and post-traumatic stress disorder (PTSD). The study also highlighted the overwhelming support for open discussions about natural remedies in healthcare, with 98% of surveyed veterans stating that medical providers should educate…

FridayMar 21, 2025 10:00 am

AMA Study Finds Halting Cannabis Testing of Pregnant Mothers Boosts Racial Parity, Doesn’t Harm Kids

A study by the American Medical Association (AMA) has found that discontinuing marijuana testing in pregnant women has improved racial parity without causing harm to newborns. As more than two dozen states now allow recreational marijuana use for eligible adults, tens of millions of people have easy access to the drug. Cannabis testing has become an increasingly divisive issue in the U.S. over the past several years, particularly concerning pregnancy. Given the history of disproportionate cannabis-related policing in minority communities, many advocates have expressed concerns that targeted marijuana testing of pregnant women could have negative consequences. The recent AMA study…

ThursdayMar 20, 2025 10:00 am

Marijuana Advocates Unhappy with Bills Seeking to Modify Ohio Law

Cannabis advocates in Ohio are expressing frustration with state lawmakers for pushing legislation to modify the state's marijuana laws. Since voters approved a measure to legalize recreational cannabis in November 2023, GOP leaders have been working to impose more restrictive policies. In late February, Ohio Senate Republicans passed a measure that would significantly alter the state's cannabis policy. Some of the most notable changes include limiting the number of plants that eligible adults can grow at home and reducing the amount of THC allowed in cannabis products. The bill would also change how Ohio allocates tax revenue from cannabis sales…

TuesdayMar 18, 2025 10:00 am

Delays in Launching Delaware Adult-Use Marijuana Sales are Frustrating Entrepreneurs, Advocates

Entrepreneurs in Delaware are growing increasingly frustrated with the state's slow rollout of recreational cannabis sales. Although Delaware legalized recreational marijuana in 2023 and was expected to launch sales this spring, several obstacles have put the launch on hold. Zoning issues and fingerprint check delays are just a few of the issues that have held back the launch of adult-use cannabis sales and left many Delaware entrepreneurs risking massive losses and even bankruptcy. Delaware Cannabis Industry Association president James Brobyn says cannabis retailers are ‘sitting on their hands’ and waiting for recreational cannabis sales to begin. According to activists, Delaware…

FridayMar 14, 2025 10:00 am

Mariners Remain Stuck in a Cannabis Testing Gray Area

Testing for cannabis is making it increasingly harder for maritime companies to hire employees. Pre-employment drug tests have been a staple in the U.S. for several decades now but maritime employers say they are limiting the pool of eligible employees they can tap into. Dozens of states may have legalized medical and recreational marijuana, but the drug remains controlled at the federal level. As a result, some employers are required by law to test job applicants and current employees to check for cannabis and other controlled substances during drug tests. But as the third most popular drug in the U.S.…