Former Eaze CEO Pleads Guilty to Bank Fraud Conspiracy
Former Eaze CEO James Patterson pleaded guilty Friday to conspiracy to commit bank fraud as part of a cooperation agreement with federal prosecutors.
Former Eaze CEO James Patterson pleaded guilty Friday to conspiracy to commit bank fraud as part of a cooperation agreement with federal prosecutors.
A U.S. tax court has ruled that Bay Area cannabis dispensary, San Jose Wellness, was not entitled to deduct depreciation or charitable contributions under Section 280E of the tax code because of marijuana’s federal status as an illegal drug.
A Michigan cannabis dispensary is offering free products for patrons who receive the coronavirus vaccine.
A Watsonville hemp producer is suing the County of Santa Cruz for incorrectly labeling its hemp crop as marijuana — a sampling error that the company says cost $9.6 million.
In a battle between hemp and marijuana, marijuana wins.
Cities and counties that wish to legalize commercial cannabis but don’t have the bureaucratic resources to do so would get help from the state under legislation introduced by Sen. Nancy Skinner (D-Berkeley).
The bill applies to psilocybin (mushrooms), MDMA (ecstasy), LSD (acid), ketamine (Special K), DMT, and mescaline.