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Judge orders Michigan marijuana stores handed back to Skymint

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A Michigan judge ordered marijuana retailer 3Fifteen Cannabis to relinquish control of several stores to competitor Skymint after ruling 3Fifteen violated the court’s receivership order.

According to Crain’s Detroit Business, Skymint reopened stores in Battle Creek, Camden and Grand Rapids on April 1 after an Ingham County Circuit Court judge ruled on a legal fight between the two companies.

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The judge ordered 3Fifteen to return $494,045 in funds that the Birmingham-based company removed from its accounts at Live Life Credit Union, Crain’s reported.

The judge also ordered Live Life to return access to those accounts to Skymint employees.

3Fifteen, which was acquired in 2021 by Skymint, an Ann Arbor-headquartered cannabis cultivator and retailer, had “challenged leadership of the company and retook control of several stores acquired in the deal,” according to Crain’s.

Last month, after a Canadian investment firm filed a lawsuit claiming Skymint owes

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Colorado shut out of marijuana rescheduling hearings by ‘biased’ DEA, filing alleges

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The U.S. Drug Enforcement Administration rejected a September request from Colorado officials to participate in the United States’ historic marijuana rescheduling process.

That’s one example of the “bias” that should disqualify the agency from overseeing the hearings, according to claims made in a filing submitted Monday to the DEA’s chief administrative law judge, John Mulrooney II.

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The decision to exclude Colorado, where sales of adult-use marijuana began more than a decade ago, but include authorities from states without regulated cannabis such as Nebraska and Tennessee demonstrates why the agency should be removed from the proceedings, the filing claims.

Monday’s filing is the latest effort by designated participants Village Farms International and Hemp for Victory to disqualify the DEA, which has “obstructed the rulemaking process

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7 industry predictions for 2025

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Sometime in 2025, the IRS could stop taxing state-regulated marijuana companies like cocaine kingpins.

As a bonus, licensed marijuana operators might no longer compete with mainstream retailers selling intoxicating THC products that meet the federal definition of hemp.

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Tax reform and some resolution to the civil war between marijuana and hemp are modest asks.

But a future where these longstanding problems are finally resolved would represent a dream scenario for many operators in the $32 billion state-regulated marijuana industry.

That’s a reflection of the steady advances that cannabis reform made in 2024.

The year behind

Cannabis industry progress was slow in 2024.

Congress failed to pass marijuana reform bills, and the Drug Enforcement Administration delayed reclassifying marijuana as a legitimate medicine until this

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Fight over disputed Arkansas medical marijuana permit escalates

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A long-running dispute over one of Arkansas’ medical marijuana cultivation permits is escalating after a second court found regulators improperly awarded one of the licenses.

At issue is the license awarded to Fort Smith, Arkansas-based River Valley Relief, one of eight cannabis cultivators licensed by the state.

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On Dec. 30, a Pulaski County Circuit judge ruled that state regulators issued River Valley Relief and its principal, Bennett “Storm” Nolan, a permit despite the fact his application was “fatally flawed.”

It’s the second ruling against Nolan and River Valley following a 2022 decision that also found regulators acted improperly when they “unlawfully” awarded Nolan’s business a permit.

The original suit was filed by 2600 Holdings, which does business as Southern Roots Cultivation and unsuccessfully

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