In today’s HK Cannabis Law Newsletter we present articles and information regarding new guidance from the IRS for the cannabis industry; the impact of West Coast fires on this year’s hemp crop; the results of a study exploring THC’s persistence in blood long after consumption ceases; and more.
Following criticism regarding inadequate guidance provided by the IRS to the marijuana industry, the IRS has now released updated guidance with the stated goal of promoting “voluntary compliance.”
Marijuana reform at the Federal level may be another casualty of the COVID-19 pandemic.
Fires in California and Oregon are devastating hemp crops.
For those accused of driving under the influence, a new study concluded that THC can persist in blood for extended periods of time after abstinence.
Cannabis is growing in popularity among seniors.
Survey shows cannabis consumers generally prefer flower to concentrates.