Cannabis Law Report

JULY 11, 2022

California Cannabis Cultivation Tax Eliminated. The budget trailer bill eliminated the cannabis cultivation tax beginning July 1, 2022. The harvested cannabis was first sold or transferred by a cultivator to a distributor on or after July 1, 2022. California Cannabis Excise Tax Capped at 15% for Three Years.

Cultivation 52

Cultivation Law Collective Retail 52

Cannabis Law Report

JUNE 29, 2021

(NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”) is pleased to announce that it has closed its previously announced private placement (the “Offering”) issuing US$74,500,000 aggregate principal amount of 6.00% secured convertible notes due 2025 (the “Notes”).

Seed-To-Sale 81

Seed-To-Sale Media Dispensary Events 81

Illinois News Joint

MAY 10, 2024

Craft grow changes include the repeal of provisions establishing cultivator taxes and craft grower taxes and a shared premises pilot program. The provision for the shared premises pilot program states, “The Department of Agriculture shall create a pilot program that shall allow craft growers to share premises with cultivation center.

Agriculture 73

Agriculture Retail Cultivation Programs 73

Cannabis Law Report

OCTOBER 22, 2021

During a meeting of the Standing Committee of the National Assembly on Science and Technology, Minister Faraz stressed that the global cannabis market will reach 95 billion rupees ( editor’s note: the equivalent of 1 billion euros, an underestimated figure ) by 2025. Cannabis seeds will also be produced near Rawat,” Faraz said.

Policy 52

Policy Cultivation Oil Legislation 52

Cannabis Law Report

JUNE 17, 2021

European medical cannabis company Cantourage today launched its new and innovative platform, enabling cultivators from across the world to bring their product into the growing and profitable European market more quickly and cheaply. The company enables cultivators to sell under their own brands.

Cultivation 94

Cultivation Access Extraction Patients 94

Veriheal

JANUARY 27, 2021

The future of cannabis seems to be drifting to mega-companies and corporations that cultivate greenery for the masses. Global Newswire published an article that predicts the legal US cannabis market to reach an estimated $35 billion approaching 2025. Cannabis Cultivation is a Craft and Prices Reflect That.

Cultivation 52

Cultivation Wellness and Beauty Cannabis Dispensary 52

Illinois News Joint

FEBRUARY 25, 2024

SB1723 deletes the provision that states any person or entity awarded a craft grower license under specified provisions “shall only hold one craft grower license” and removes language providing that a craft grower shall not be located within 1,500 feet of another craft grower but leaves in the restriction for “a cultivation center.”

Extraction 73

Extraction Agriculture Oil Cultivation 73

Dykema (Cannabis Law Blog)

JUNE 7, 2023

Here’s a breakdown: Cannabis cultivators: The license holder may grow enough cannabis plants to fill up to 30,000 square feet. Cultivators may also harvest, package, and label cannabis flower for sale to other businesses, such as a manufacturer or retailer. Legal retail sales do not begin until early 2025.

Recreational 76

Recreational Legalization Marijuana Seed-To-Sale 76

Canna Law Blog

MARCH 13, 2024

This diversity presents multiple avenues for growth and development within the Minnesota cannabis industry, particularly before statewide regulations are finalized in 2025. This 50,000 square-foot facility represents a significant investment in cannabis cultivation, and will likely provide considerable economic benefits to the region.

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Supply Chain Cultivation Recreational Cannabis 85

Cannabis Law Report

MARCH 31, 2022

City cultivation licenses would be reserved for social equity applicants through January 1, 2025. They no longer have to be holding the property to apply for a license, but the definition of who qualifies as a social equity applicant is narrower.

Retail 52

Retail Cultivation Law Cannabis 52

Veriheal

APRIL 16, 2024

We expect losses in these markets to continue to thin out in 2024 and turn positive once again in 2025,” they stated. For instance, trimming marijuana can fetch hourly wages ranging from $14 to $27, whereas a director of cultivation earns an annual salary of $90,000 to $140,000.

Dispensary 57

Dispensary Cannabis Marijuana Retail 57

Illinois News Joint

APRIL 11, 2024

The bill would create the Intoxicating Hemp-Derived THC Consumer Products Safety Committee, which would include 19 committee members, who would issue a consumer-safety standards report on or before Jan.

Hemp 84

Hemp Safety Food THC 84

Dykema (Cannabis Law Blog)

MAY 9, 2023

Possession Under the Senate’s bill, eligible adults could possess up to five pounds from home cultivation, plus another two pounds purchased elsewhere. Past Offenses Under the Senate’s bill, the Minnesota Bureau of Criminal Apprehension would begin the process to expunge misdemeanor records in 2025. pounds all-in. Root for the Senate.

Legalization 69

Legalization Retail Cultivation Cannabis 69

Illinois News Joint

MAY 12, 2023

The first amendment adds that a “craft grower may contain up to 14,000 square feet (instead of 5,000) of canopy space on its premises for plants in the flowering state, which must be cultivated in all stages of growth in an enclosed and secure area.”

Packaging 102

Packaging Agriculture Cannabis Cultivation 102

The Joint Blog

NOVEMBER 10, 2020

In legal states, fans of marijuana have turned to cultivate their own green plant for their personal use. It’s not about marijuana cultivation but about gaining a license for marijuana cultivation. Each state has its own rules and regulations concerning marijuana cultivation licenses. Have a Good Cash Flow and Capital.

Cultivation 26

Cultivation Seed-To-Sale Marijuana Digestion 26

Cannabis Law Report

AUGUST 11, 2021

Here’s what they are saying in their press release… Highlands Investments, a licensed cultivator of high-quality GAP and ISO 22000 certified cannabis has secured the sale of 8.5 billion by 2025 according to the Prohibition Partners Key Insights from the European Cannabis Report, 6 th Edition ( April 2021 ).

Supply Chain 105

Supply Chain THC Packaging Cultivation 105

Veriheal

SEPTEMBER 6, 2021

Cannabis cultivators in California, where legal cannabis sales reached $2.2 million acres of land was burnt to a crisp — cannabis cultivators are preparing to kiss goodbye to their harvests. California’s cannabis cultivators are required to abide by testing regulations for harmful chemicals and residual solvents.

Cultivation 96

Cultivation Cannabis Agriculture Extraction 96

Cannabis Law Report

AUGUST 30, 2021

We are actively building one of the most robust networks of retail stores and cultivation facilities in the highest quality markets. per annum, payable quarterly in arrears, with a maturity date of August 27, 2025. said Abner Kurtin , Founder and CEO of AWH. “We The Term Loan will bear interest of 9.5%

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Cultivation Strains Retail Conditions 96

Veriheal

JUNE 21, 2023

Rhode Island has joined the list of states that have eased the restrictions on using and cultivating psilocybin mushrooms. The legislation permits Rhode Islanders to possess 1 ounce of psilocybin and cultivate magic mushrooms for personal use. The bill was introduced by Rep. It is currently on its way to the Senate for approval.

Access 97

Access Legalization Research and Development Legislation 97

Cannabis Law Report

JULY 1, 2022

The cannabis tax reform trailer bill will: Indefinitely suspend the cannabis cultivation tax effective July 1, 2022. Retain the current 15-percent excise tax rate until at least 2025, and thereafter increase the tax rate (no higher than 19 percent) as necessary to make up for cultivation-tax revenue.

Supply Chain 52

Supply Chain Legislation Collective Retail 52

Cannabis Law Report

JULY 23, 2021

billion and projected to be worth $41 billion by 2025. With added growth to the industry, goodblend’s new facility will ultimately create several hundred jobs in a wide range of roles including cultivation, manufacturing, analytical chemistry, formulation science, marketing, customer support, and retail.

Tincture 105

Tincture Patients Sleep Retail 105

Veriheal

AUGUST 29, 2023

This decision by the state’s Cannabis Control Board was made to help cannabis cultivators earn a return on their investment. billion by 2025. That is 212 more individual farmers, cultivators, retailers, and dispensaries taxed on their income. In 2018, the New York cannabis market size was estimated to be around $1.8

Events 75

Events Programs Retail Cultivation 75

Cannabis Law Report

JULY 1, 2021

New Cultivation Licenses Limited To SEIAs through January 1, 2025. Namely, this new section of the Ordinance aims to bolster the Social Equity Program by limiting all future cultivation licenses in the City to Social Equity Individual Applicants (“SEIA”). Key Takeaways –. Sensitive Use Determinations & Compliant Premises.

Cultivation 64

Cultivation Retail Compliance Compliance 64

Canna Law Blog

MARCH 13, 2024

billion from 2020 to 2025 at a CAGR of 21.74%. Some examples of plant-touching businesses include: Cultivation and breeding: Cultivators and breeders are essential parts of the industry. As a result, the cannabis industry is growing at breakneck speed, especially when it comes to refined cannabis products.

Business 82

Business Supply Chain Dispensary Edibles 82

Veriheal

OCTOBER 20, 2022

Based on their findings, 36% of the state’s cannabis cultivation sites — equivalent to 986 farms — were found in high fire hazard zones. billion by 2025. Fire hazard zones are classified according to the following factors: Climate. Crown fire potential. Ember production and movement. Fire history. Topography. Vegetation.

Agriculture 109

Agriculture Research and Development Safety Cultivation 109

Cannabis Law Report

JULY 20, 2021

(GEO), a leading manufacturer and distributor of premium certified organic soils and nutrients specifically designed to optimize the purity and yield of cannabis and hemp cultivation, will close its Regulation A+ crowdfunding raise this Friday, July 23, 2021 at 11:59 pm. For more information on the offering and to invest, visit: [link].

DEA 98

DEA Cultivation Access Hemp 98

Cannabis Law Report

JULY 5, 2021

Milestone for Medalchemy in Spain; facility now fully licensed to import, cultivate, extract, manufacture and export medical cannabis flower and extracts. billion by 2025. Accelerates export capacity to serve growing European and international medical cannabis markets.

Supply Chain 66

Supply Chain Extraction Cultivation Business 66

Veriheal

NOVEMBER 28, 2022

This legislation also allows adults to cultivate two cannabis plants for personal use. These new measures will take time, and it is estimated that recreational products will not be sold until 2024 or even 2025. Up to three plants could also be cultivated in residents’ homes. Possession of more than 1.5 ounces but less than 2.5

Recreational 98

Recreational Legislation Programs Legalization 98

Veriheal

SEPTEMBER 21, 2022

We take pride in our in-house cultivation, global varieties, and a full lineup of strain-specific products.” Thanks to the new law, Thai residents can legally cultivate the plant for personal consumption. . billion) by 2025—Berner decided to introduce his brand to the Southeast Asian country’s market.

Seed-To-Sale 91

Seed-To-Sale Cannabis Tincture Cultivation 91

Cannabis Law Report

APRIL 23, 2022

The Canadian Hemp Trade Alliance projected a $1-billion hemp industry in Canada by 2025. The new processing facilities will localize hemp cultivation, fiber processing and composites manufacturing that will be used internationally for vehicles, renewable energy and environmental absorbance.

Hemp 52

Hemp Agriculture Media Cultivation 52

Cannabis Law Report

OCTOBER 1, 2021

The opening to medical cannabis was in fact in the Cap 2025 recovery plan of the local government and the President of French Polynesia announced at the beginning of April of his intention to “open up the possibility of the cultivation of cannabis for therapeutic use ”in its territory.

Patients 52

Patients Safety Oil Legislation 52

Cannabis Law Report

NOVEMBER 1, 2021

billion by 2025 1. Curaleaf International’s cannabis flower products and extracted cannabis-based products now supply five separate markets, including Germany, Europe’s largest market for medicinal cannabis which is expected to be worth over €840 million by 2025 1. billion by 2025 1. billion by 2025 1. billion by 2025 1.

Seed-To-Sale 52

Seed-To-Sale Supply Chain Medicine Research and Development 52

Cannabis Law Report

AUGUST 9, 2021

The market for medical cannabis products is expected to grow to $50 billion by 2025 and the pharmaceutical products market is expected to grow to about $5 billion by 2027, by current estimations. Cannassure is engaged in the breeding, cultivating, processing, distribution and R&D of medical cannabis products.

Cannabinoids 98

Cannabinoids Pharmaceutical Treatment Patients 98

Cannabis Law Report

DECEMBER 10, 2021

If passed in the upcoming legislative session, Germany would join Canada , Uruguay, South Africa, Georgia and Luxembourg as the nations that allow cultivation, possession and use of recreational cannabis. It’s unclear whether it will also include cultivation and production of marijuana. billion euros by 2025, about $3.7

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Legalization Recreational Decriminalization Legislation 52

Cannabis Law Report

OCTOBER 18, 2021

billion by 2025. More seasoned farmers may obtain higher prices, but if even tenths of that amount seem appealing to you, you could ask how to start cultivating hemp for profit. One of the issues is that hemp cultivation has been banned in the United States for decades, so reliable information and expertise are hard to come by.

Hemp 52

Hemp Oil Cultivation CBD 52

Veriheal

APRIL 13, 2022

The state’s hefty cannabis taxes are strengthening the illicit market, and to make matters worse, the cannabis excise tax will increase to 15% of the average market price for all cannabis retail sales by July 1, 2025. Monterey County – The Board of Supervisors voted to reduce the industrywide cultivation tax on March 1.

Cultivation 75

Cultivation Business Cannabis Advocacy 75

Cannabis Law Report

AUGUST 29, 2021

With a forecasted total market size of approximately USD $9 billion by 2025 1 , Brazil is expected to be one of the biggest cannabis markets globally and the largest in Latin America, particularly for medicinal cannabis products. and Santa Marta Golden Hemp S.A.S., both located in Santa Marta, Colombia.

Extraction 98

Extraction Supply Chain Research and Development CBD 98