Cannabis Legalization Could Help Fund Education Needs In Maryland

The Maryland General Assembly is back in session, and the state’s education needs could mean that cannabis legalization will be a major policy contender in 2019. Several lawmakers recently voiced their concerns about Maryland’s education funding — or lack thereof — and some are weighing all viable options to get the necessary resources.

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Flying Dog Brewery Gets Into The Marijuana Beverage Game

While not quite a done deal, Maryland-based Flying Dog Brewery plans to launch a THC-infused beer in medical cannabis dispensaries in Maryland. Flying Dog is looking to get in early on the infused beverage sector, which some of the latest reports show will be worth $600 million by 2022 in the U.S.

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U.S. Tax Court Declines to Issue Penalties in Harborside 280E Case

In a historic landmark decision that will save Harborside and the legal cannabis industry millions of dollars, the U.S. Tax Court has ruled that the California dispensary is not liable for accuracy-related 280E penalties. 280E is a tax code provision that denies all standard business deductions to businesses whose operations “consist” of activities that violate the Controlled Substances Act.

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A Game-Changing Marijuana Bill in Oregon Is Set to Challenge Federal Law

As reported by Salem, Oregon publication The Statesman Journal, via Marijuana Moment, Oregon is on the verge of introducing a game-changing bill that would allow the state to export its dried cannabis to other legalized states. Democratic Sen. Floyd Prozanski already has signaled his support for the proposal, which is being spearheaded by Adam Smith, the executive director of the Craft Cannabis Alliance.

If the bill were to become law, it would give Oregon’s wholesalers the ability to export cannabis to other states that have legalized the drug, such as neighboring Washington, California, and Nevada. However, it would strictly forbid the export of marijuana through states where the drug remains illegal, such as neighboring Idaho.

Link to story: http://bit.ly/2S5dei7