Cannabis

UHY’s Valuation Advisory Services Practice recently delivered expert witness testimony and financial analysis in US District Court (Eastern District, Southern Division) that resulted…

News from earlier this year that the Biden administration was poised to move forward with a Department of Health and Human Services recommendation…

The Biden administration appears poised to move forward with a recommendation from The Department of Health and Human Services (DHHS) to reclassify cannabis…

In December 2023, we published an article on the Department of Health and Human Services (DHHS) recommendation to the Drug Enforcement Administration to…

Recreational adult-use cannabis is legal in 23 states and D.C., and medicinal use has been permitted in 38 states.

From the moment that Maryland’s voters approved the adult-use of marijuana in convincing fashion, attention turned to Annapolis, where state lawmakers were tasked…

The Michigan cannabis industry has had its share of struggles recently, as oversupply wreaked havoc on profit margins, causing insolvency and forcing many…

In late April 2023, shortly after the opening of the first cannabis dispensary in the Capital Region, the Albany Business Review hosted a…

When recreational adult-use was authorized in Michigan in 2019, purveyors of cannabis and investors alike raced to seize the budding opportunity to enter…

The Connecticut Department of Revenue Services has hired five cannabis auditors as the state prepares to address cannabis taxation for the first year…

One of the greatest challenges for states post-recreational cannabis legalization is striking a balance between taxation of these businesses and creating an inhospitable…

Retirement service providers want to offer 401(k) plans to the cannabis industry, but their hands are tied.

The cannabis industry’s boom is showing no signs of slowing down.

The Michigan Cannabis Regulatory Association has issued a bulletin announcing that it will begin releasing information on the new annual financial statement requirements…

The Cannabis Regulatory Agency (CRA) is seeking input on how to solve a potential surplus after the price of “flower” dropped 44% in…

Governor Whitmer appointed Brian Hanna as the acting executive director of the Cannabis Regulatory Association (CRA), effective September 19, 2022.

As of 2022, using marijuana for either recreational or medicinal purposes is legal in 39 states, and it has grown into a $61…

As more and more states legalize cannabis for medical and recreational use, more and more entrepreneurs are looking to enter the market, but…

Michigan is the third largest cannabis employer in the country according to a new report from Leafly.

Despite an ever-increasing number of states moving to legalize recreational cannabis, the rules surrounding these business entities are often in question as states…

Partner Matt VanDerbeck joined the Rensselaer Chamber webinar “Cannabis: An Economic Buzz” on the opportunities presented by the cannabis industry and how to…

The Michigan Marijuana Regulatory Agency (MRA) recently issued a statement regarding the Proof of Financial Responsibility Insurance Requirements for Medical Applicants and Licenses…

Connecticut will open its cannabis retail license application period on February 3, but entrepreneurs in the state are struggling with uncertainty ahead of…

The Michigan Marijuana Regulatory Agency (MRA) recently issued a bulletin to announce the annual financial statement (AFS) requirements for medical facilities and adult-use…