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🌳📰 Marijuana Moment: IRS disputes cannabis company's tax argument

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/ TOP THINGS TO KNOW
The Internal Revenue Service said a marijuana company's argument that the 280E tax penalty doesn't apply because cannabis doesn't fall "within the meaning of" of a Schedule I drug would force the U.S. Tax Court to conduct its own rescheduling review under an "imaginary process" that is prohibited by federal law.
The House Energy and Commerce Committee approved a bill that would require online platforms to take steps to prevent minors' access to potentially sensitive content—including advertisements for cannabis products and certain other drugs and services.
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The Hawaii Senate passed a bill to allow terminally ill patients and qualifying patients over the age of 65 to use medical cannabis in health care facilities, subject to certain limitations.
A new scientific review concludes that marijuana may be a "gateway to women's orgasm" with significant therapeutic potential in the treatment of female orgasmic disorder/difficulty.
  • "Five decades of convergent evidence...demonstrate a consistent association between cannabis use and enhanced orgasmic function."
Jordan Tishler of the Association of Cannabinoid Specialists argues in a new Marijuana Moment op-ed that a plan to launch cannabis kiosks in senior living communities presents access opportunities but also risks that need to be managed "within a medically supervised, ethically structured care model."
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/ FEDERAL
Sen. Amy Klobuchar (D-MN) said at a hearing that "there's a lot more we can do on hemp" and that it is "a growing market that we should be looking at, and not going backwards, on these opportunities to provide farmers with innovative sources of revenue amidst a difficult farm economy."
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/ STATES
The Michigan Supreme Court heard arguments in a case on whether refraining from marijuana use can be mandated as a condition of probation.

Oklahoma officials are being sued over a policy requiring medical cannabis businesses to have a certificate of occupancy.

New York's new top marijuana regulator discussed his goals for overseeing the legal industry.

Massachusetts regulators are accepting public feedback on marijuana industry worker safety issues and a potential cannabis business license freeze.

Oregon regulators published updated data on the psilocybin services program.

The California Cannabis Advisory Committee will meet on Thursday.

The Rhode Island Cannabis Control Commission will meet on Friday.
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At least 12 cannabis and drug policy bills are scheduled for hearings on Thursday.

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/ INTERNATIONAL
Colombian President Gustavo Petro criticized marijuana and drug prohibition in a speech before the Commission on Narcotic Drugs.
/ SCIENCE & HEALTH
A review highlighted the "role of cannabis as a potential coping mechanism for caregivers of older adults experiencing emotional burden."

A study found that "cannabidiol mitigates secondary genital injury after thoracic trauma by regulating systemic inflammation and hormone receptor signaling."
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/ BUSINESS
The Boston Garden Dispensary is being sued for allegedly violating the trademark of TD Garden.
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/ CULTURE
Harrison Ford dodged Jimmy Kimmel's question about whether he has ever smoked marijuana with Woody Harrelson.
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