Dispensaries, Decriminalization of Marijuana, State Taxes

Hemp-Derived Cannabinoid Markets: Using Tax Data to Assess Growth in Louisiana, Minnesota and Tennessee

Vicente LLP on 1/23/2025

With 2024 behind us and new state legislative sessions ahead, it is a perfect time to discuss one of the most frequently asked questions received by the Vicente Economics and Research Department: How large is the intoxicating...more

A Mini-Green Wave? Two More States Legalize Adult-Use Cannabis

Goodwin on 5/31/2023

Over the past month, both Delaware and Minnesota have legalized adult-use cannabis. They are the first two states to legalize in 2023 and represent the 22nd and 23rd states to allow for adult-use commercial cannabis markets. ...more

Connecticut to Become 18th State to Legalize Recreational Cannabis

Goodwin on 6/22/2021

On June 17, 2021, the Connecticut General Assembly voted to approve the Responsible & Equitable Regulation of Adult-Use Cannabis Act (the “Act”). With Governor Ned Lamont’s signature expected today, Connecticut will become...more

Medical Marijuana Money in Mississippi: Navigating the Tax Consequences of a Green Enterprise

Bradley Arant Boult Cummings LLP on 3/24/2021

Mississippi is on the precipice of implementing a medical marijuana regime, as Mississippians voted overwhelmingly to approve Initiative 65 last November. Those awaiting the green light should take advantage of the additional...more

The Green Wave: Cannabis Legalization Sweeps in 2020

Goodwin on 11/5/2020

It was a Green Wave on election night, with every cannabis-related legalization measure on the ballot passing, some by surprisingly large margins of victory. As a result of the November 2020 election, the number of states...more

Growing Pains with Medical Marijuana Taxation - Cannabis Industry News Alert

Bradley Arant Boult Cummings LLP on 1/9/2020

More and more states across the South are adopting medical marijuana regimes. With this growth comes growing pains. One such pain for marijuana businesses is the tension between following state laws on a product that is still...more