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Illinois Marijuana Dispensary Sues IRS for $1.6 Million Refund

ByPot Shop News

July 2, 2026

[#item_full_content] A marijuana dispensary operator sued the IRS to challenge nearly $1.6 million in tax deficiencies and penalties, arguing federal marijuana rescheduling eliminates prior restrictions on business deductions. Read More

ByPot Shop News

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New regulations on intoxicating hemp are ‘long overdue,’ Pritzker says

July 2, 2026 Pot Shop News

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DOJ Marijuana Lawsuit Filing Cites Drug Testing Industry And Pharma Company ‘Pocketbook Interests’ In Opposing Rescheduling

July 2, 2026 Pot Shop News

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Pritzker signs bill geared toward more oversight, equity in cannabis industry in Illinois

July 2, 2026 Pot Shop News

FDA approved cannabis: Why Schedule 3 means operators must...
by Margaret Jackson on July 2, 2026
Chanda Macias is preparing her medical cannabis business for a more healthcare-driven era in which budtenders are more like pharmacy technicians.
Chicago marijuana mogul gets year in prison for laundering...
by https://chicago.suntimes.com/authors/frank-main on July 1, 2026
David Berger, a co-founder of Ivy Hall cannabis dispensaries in Chicago and across Illinois, was convicted of "structuring" $253,000 in cash deposits from a Mexican drug organization to skirt bank reporting rules.
Expanded medical cannabis sales at Georgia pharmacies,...
by Chris Roberts on July 1, 2026
More business licenses are expected to become available in the state, where MSOs are also providing product to general pharmacies.
Marijuana leaf, vapes available to medical cannabis...
by Tom Regan on July 1, 2026
Dozens of new laws went into effect on July 1, including Senate Bill 220.
Augusta-area dispensaries open for business under new...
by , The Augusta Chronicle on July 1, 2026
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Knoxville dispensaries criticize state’s THCA ban on most...
by Jack Ziskin on June 30, 2026
KNOXVILLE, Tenn. (WATE) — Customers lined up to purchase cannabis products ahead of a July 1 ban, with The Blom Shop owner Travis McKinney told 6 News his stores have seen 10,000 customers over the…
Nebraska Attorney General Signs Off On Medical Marijuana...
by Marijuana Moment on June 30, 2026
“The medical cannabis regulations do not clearly violate the state or federal Constitutions on their face.” By Zach Wendling, Nebraska Examiner Nebraska Attorney General Mike Hilgers (R) on Tuesday signed off on the constitutionality of regulations from the state Medical Cannabis Commission, a key step toward final approval. Hilgers, who has opposed the […]
Nebraska AG Hilgers approves medical cannabis regulations;...
by Zach Wendling on June 30, 2026
Nebraska Attorney General Mike Hilgers signed off on the constitutionality of regulations from the state Medical Cannabis Commission.
R.I. moves to lift court order blocking pot shop licenses
by Christopher Shea on June 30, 2026
The legislation signed into law by Governor Dan McKee directs the Cannabis Control Commission to open a new license application process within 60 days.
Kansas City’s rogue weed shops notch a win in court
by David HudnallDavid Hudnall on June 30, 2026
Why does one Kansas City weed shop have to follow strict rules while another doesn’t? A new court ruling explains why. From David Hudnall:
‘Nobody’s going first’: Cannabis cafes bleeding cash...
by The Boston Globe on June 30, 2026
Amsterdam-style cannabis lounges are still coming to Massachusetts — just much slower than many business owners expected.
In Michigan’s most lucrative weed market, local officials...
by crainsdetroit.com on June 30, 2026
Controversial weed shop Trap Stars Outlet in New Buffalo Township remains under threat of being expelled from paradise.
DEA Comes Out Swinging in Cannabis Rescheduling Hearing
by Tony Lange on June 30, 2026
The government argued in support of currently accepted medical use; anti-rescheduling parties attempted to poke holes in the Schedule III recommendation.
Georgia medical cannabis expansion: New laws take effect...
by Tara Jabour on June 30, 2026
The Georgia Patient First Act expands the registry to thousands of new residents by introducing new qualifying health conditions.
Virginia to allow recreational marijuana to be sold in...
by Associated Press on June 29, 2026
Five years after becoming the first Southern state to legalize possession of marijuana, Virginia has approved a legal way to sell it to recreational users.State
Marijuana can be sold for recreational use in Virginia...
by Sarah Rankin on June 29, 2026
Recreational marijuana sales are set to begin next year in Virginia. Five years ago, Virginia became the South’s first state to legalize possession of the drug but until now had failed to set up a retail market.
Virginia to allow recreational marijuana be sold in retail...
by SARAH RANKIN Associated Press on June 29, 2026
Recreational marijuana sales are set to begin next year in Virginia
DEA Kicks Off Historic Hearing On Cannabis Rescheduling...
by A.J. Herrington on June 29, 2026
The DEA begins reviewing its proposal to move cannabis to Schedule III, even as reform advocates criticize their exclusion from the hearing process.
Farmers, retailers worry as state and federal regs for...
by Charlotte Rene Woods on June 29, 2026
A store owner gave notice to her landlord to end a lease while a farmer ponders sustainability of his business
Former Ediblez OTC becomes Rosebuds Cannabis Co., and adds...
by Tammy Swift on June 29, 2026
Steve Rosenfeldt has managed to survive everything from tough competition to a shortage of cannabis products. Now he's rebranded his full-fledged adult recreational cannabis shop as Rosebuds Cannabis.
DEA previews cannabis rescheduling hearing testimony...
by Tom Angell on June 29, 2026
Anti-marijuana groups file initial hearing briefs; Congressman joins Marijuana Moment’s livestream push; VA budget amendments; LA psychedelics Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment […]
State could become first to reverse cannabis legalization
by WKRC on June 29, 2026
Massachusetts could become the first state to repeal recreational marijuana legalization as anti-marijuana activists push for a referendum.
Microbusinesses celebrate New York state’s first cannabis...
by spectrumlocalnews.com on June 28, 2026
Five years since the legalization of recreational marijuana in New York state, business owners and growers are still struggling and navigating their way through the complicated legal status and policies surrounding the cannabis industry.
Opinion - Rescheduling marijuana would put politics ahead...
by Russell Kamer, opinion contributor on June 28, 2026
The Drug Enforcement Administration is considering a proposal to move marijuana from Schedule I to Schedule III of the Controlled Substances Act, which would recognize all cannabis products as having ...
Rescheduling marijuana would put politics ahead of science
by Russell Kamer, opinion contributor on June 28, 2026
The Drug Enforcement Administration is considering a proposal to move marijuana from Schedule I to Schedule III of the Controlled Substances Act, which would recognize all cannabis products as havi…
America’s Biggest Cannabis Greenhouse Wants To Become...
by Will Yakowicz on June 28, 2026
A year after a deadly ICE raid on its massive cannabis farms, Glass House is preparing to trade on the New York Stock Exchange, harvest 1 million pounds of weed and export its product all over the world.
THC drinks will stick around in N.J. this summer
by Advance Local Express Desk,Lia Opperman | NJ.com on June 27, 2026
Hemp producers now have until November to meet state compliance standards.
Virginia Governor Proposes Amendments To Budget Containing...
by Tom Angell on June 27, 2026
Virginia’s governor has proposed amendments to budget legislation that lawmakers approved this week, but those changes don’t include alterations to provisions that would legalize recreational marijuana sales. Nor do they address the concerns of advocates who had urged her to cancel out a section that would dramatically increase penalties for public […]
Massachusetts expected to consider recreational pot repeal
by Leland Vittert on June 27, 2026
Opponents of recreational pot say the drug has created problems not offset by tax revenue.
High expectations, low buzz: World Cup fans appear to favor...
by kuow.org on June 26, 2026
Leading into the 2026 FIFA World Cup, the Washington Department of Health warned visitors: The cannabis here can be more potent than what they’re used to, so go slow and don’t overdo it. Seattle and King County Public Health put out a similar warning.

Illinois Marijuana Dispensary Sues IRS for $1.6 Million Refund

ByPot Shop News

ByPot Shop News

Related Post

New regulations on intoxicating hemp are ‘long overdue,’ Pritzker says

DOJ Marijuana Lawsuit Filing Cites Drug Testing Industry And Pharma Company ‘Pocketbook Interests’ In Opposing Rescheduling

Pritzker signs bill geared toward more oversight, equity in cannabis industry in Illinois

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