IRS Denies Pot Tourism Group’s Request For Nonprofit Tax-Exempt Status, Citing Ongoing Federal Prohibition
The Internal Revenue Service (IRS) has denied a marijuana-focused tourism organization’s request for nonprofit tax-exempt status, citing the ongoing federal criminalization of cannabis and saying that the group’s activities create a “private benefit to the cannabis...
JAN. 17 – Bellevue – Women Of Weed
JANUARY 17th from Noon-8pm, with an ALL female VENDOR line-up. The @weid_drunq W.O.W. event series celebrates amazingly talented WOMEN doing their thing in the industry. The WEED DRUNK™️ drink station will be setup... to ... serve up .... the elevated vibes. Music,...
Michigan Cannabis Industry Case Against Wholesale Tax Moves Forward After Judge Rebuffs Attorney General’s Motion
Despite the new 24% wholesale tax on marijuana going into effect on Jan. 1, the industry’s case against the state of Michigan is moving forward. Court of Claims Judge Sima Patel denied a motion from the Attorney General’s office to reconsider her December ruling and...
Study: Hemp Soil Practices Can Help Control THC, Other Cannabinoid Content
Hemp growers may have more control over THC compliance than previously assumed — not through genetics alone, but through soil management practices that influence cannabinoid content. A new field study found that soil type and tillage system can significantly alter...
Cannabis Reform Is Moving Forward — But Washington Is About To Break The Hemp Economy
President Donald Trump’s decision to move marijuana out of the most restrictive federal drug category marks real progress in U.S. cannabis policy — progress that’s been a long time coming. By directing federal agencies to reschedule marijuana from Schedule I to...
Annual Financial Statement Requirements For Fiscal Year 2026
The Cannabis Regulatory Agency (CRA) released an advisory bulletin today announcing the release of the Annual Financial Statement (AFS) requirements and the required AFS report form for fiscal year 2026. The bulletin and all required forms may be accessed at...
MI Treasury Updates Info On Wholesale Marijuana Tax
The Michigan Department of Treasury has published further information on the Wholesale Marijuana Tax, including the average wholesale price list for January 1, 2026 through March 31, 2026. This information is now available on Treasury’s website at...
May 2026 Bring You Health, Wealth And Happiness
Four20 Post wishes all our readers and listeners a joyous 2026.
Michigan’s 24 Percent Wholesale Cannabis Tax Starts Jan. 1 As Dispensaries Brace For Margin Pressure In 2026
Michigan’s cannabis industry is heading into 2026 facing a new cost layer that operators say will further squeeze margins in an already oversupplied market. Beginning Jan. 1, 2026, the state will implement a wholesale cannabis tax on transfers between growers and...
Managing Editor Brennan Completes Another Trip Around The Sun
Four20 Media Group announced on Christmas Day that Managing Editor Michael Brennan successfully completed another trip around the sun. Celebrating Mike's birthday, the staff at Four20 Post and Sparx Guide recalled Mike's journey as a professional journalist and...
