This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In 2012, almost three decades after the opening of the Amsterdam Hash Marihuana & Hemp Museum, a second museum location opened in a former palace in Barcelona. The complete museum collection boasts over 8000 cannabis-related items, curated in both locations in a way that takes visitors on a visual journey through cannabis history.
The Hash Marihuana & Hemp Museum was founded in 1985, and to this day, remains one of Amsterdam’s most iconic cannabis destinations. Featuring items from a collection of over 9000 cannabis-related artefacts, and a display of living plants, the museum is an unmissable cannabis experience.
The number of employees testing positive for cannabis has soared over the past decade, especially in states with legal recreational marijuana, a recent report found. from 2012 to 2020 (from 2.2% “Our data suggest that marijuana positivity has increased sharply nationwide since states began to legalize marijuana in 2012.
Most of those states also apply their general sales tax to cannabis sales, and some allow localities to levy additional taxes. In total, states with licensed markets collected $1.7 State Marijuana Tax Collections Continue to Grow. Collections in States with Operational Markets in FY 2020 and FY 2021. oz cannabis plant.
Many people are using cannabis for IBS with great success in managing symptoms like nausea, cramps and stomach pains. The science and research behind cannabis and IBS has linked the imbalances of our endocannabinoid system with certain IBS symptoms. This is where compounds from cannabis make their entrance. Here’s how.
The current public policies in local and state cannabis ordinance and equity programs may enhance racial disparities if they follow the pattern of exclusion and criminalization that encompass past policies promoted as beneficial to African Americans but uphold racial capitalistic practices. Authored By: By Dr. Ayoka Nurse.
In the months after Washington voters approved legalized marijuana in 2012, Clayton Mosher, a sociology professor at Washington State University Vancouver, noticed what he believed to be unnecessary safety concerns. One of the chief concerns following the 2012 vote was that easier access to the drug would lead to more motor vehicle crashes.
When it comes to marijuana legalization, one of the opposition’s main concerns is whether legal access to cannabis will increase the number of drivers who operate a vehicle in an impaired state. Early data shows that after legalization, Colorado experienced a slight increase in cases of people driving under the influence of cannabis.
Legalizing cannabis for adults has been a wise investment. billion in tax revenue from legal, adult-use cannabis sales. billion in tax revenue from legal, adult-use cannabis sales. Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. Colorado (pop.
Cannabis use is increasing all around the world. These surveys explore the motivations and methods behind cannabis usage for both medical purposes and recreational enjoyment. In this piece, we aim to delve into the use of cannabis among Generation Z (those born between 1997 and 2012) for purposes of happiness, healing, and relief.
In 2018 United Cannabis Corporation (“UCANN”) filed the first cannabis patent infringement lawsuit against Pure Hemp Collective, Incorporated (“Pure Hemp”) in the United States District Court of Colorado. [1] Patent 9,730,911 (‘911) entitled “Cannabis Extracts and Methods of Preparing and Using Same.” [2].
5, 1930, “the father of cannabis research” was born. From the Black Sea-encapsulated mountainous terrain of Bulgaria, Professor Raphael Mechoulam immigrated to Israel, where he would make a legendary name for himself as a pioneer in medical cannabis research. law in 1970, Mechoulam was not deterred.
Just as every cannabis user is different, the unique characteristics of the company producing your flower or concentrates can drastically affect the quality of the cannabis and the experience you’ll have with the product. Cannabis is a popular pastime in Arizona , and finding the best local supplier can vastly improve your experience.
In addition to revenue generated for statewide budgets, cities and towns have also generated hundreds of thousands of dollars in new revenue from local adult-use cannabis taxes. Eighteen states have enacted laws legalizing, taxing, and regulating cannabis for adults 21 and older. Estimated State Tax Revenue from Adult-Use Cannabis 3.
The research, backed by a grant from the National Institute of Justice (NIJ), involved 20 people who either ate or vaporized cannabis with varying levels of THC. They ate cannabis brownies with 0, 10 mg, and 25 mg of THC and inhaled vapor containing 0, 5 mg, and 20 mg of THC. Read more at Marijuana Moment. April 5, 2021.
They don’t make cannabis products like they used to, and there’s an increasing number of Colorado lawmakers who think that’s problematic. As recently as 2014, the vast majority of medical and recreational cannabis sold in Colorado was flower and only 11% was the high-potency concentrates consumed through dab rigs or vape pens.
This list certainly doesn’t include every leader in the cannabis industry and we apologize if there are key people we missed. Seattle resident JJ McKay is the founder/ publisher of The Fresh Toast , one of the largest media content consumer-facing cannabis media companies in the US and Canada. Love is love.
Cannabis Remains Prohibited Despite Legislative and Scientific Progress. Although cannabis remains a banned substance in many countries, over the past few decades the trend towards regulating its use for medical and therapeutic purposes has been consolidating globally. Exponential Increase in Cannabis Research: Trends.
Who can apply for a medical cannabis card in Delaware? You must be a legal resident of the state of Delaware over the age of 18 to apply for a medical cannabis card in Delaware. What does a medical cannabis card allow in Delaware? How do I apply for a medical cannabis card in Delaware with Canna Care Docs?
Enough signatures were submitted by Colorado advocates to get Initiative 25 onto the ballot this November, which, if passed, would increase recreational cannabis tax percentages and fund “out-of-school learning opportunities” for children and youth. The same reports show that since 2012, 16.4 million per year. View original article.
Tax code bars state-legal cannabis companies from taking many ordinary business deductions. A cannabis company has appealed its case against the IRS at the Ninth Circuit in an effort to soften the blow of a policy that can push state-legal marijuana businesses’ tax rates to upwards of 70%. The company on Dec. Commissioner.
Every year, the IRS collects billions of dollars from cannabis business owners. If cannabis were federally legal and taxed, then federal tax revenue from cannabis commerce could rise to $18 billion a year. 280E no longer applying to cannabis companies. Does the federal government need this cannabis revenue?
Daniel Sosa owned and operated Mid City Cannabis Club, a marijuana dispensary (Mid City). On January 27, 2012, the IRS issued an Income Tax Discrepancy Adjustment to Sosa, stating that he owed approximately $35,000 for tax years 2007 to 2009 (January 2012 Demand Letter). BACKGROUND. IRS Proceeding.
cannabis sector. It is an important step on our path to building a flagship California cannabis company.” “The federal tax burden on legal cannabis businesses is highly punitive and very difficult to navigate while trying to achieve profitability. million –. At issue were federal taxes owed of approximately $22.1
Colorado Governor Jared Polis announced the official launch of the Cannabis Business Office (CBO), which will manage multiple aspects of business owner support and social equity in the industry. Governor Polis said in a statement on July 28 that the new office will help improve the state’s already thriving cannabis industry.
It’s a nug of cannabis conventional wisdom that’s as old as time: Getting high makes you more creative, insightful, and more willing to heed the call of your artistic side, leaving behind the staid and serious concerns of the work day. But is it actually true? Marijuana and creativity: What the research says.
States that have legalized adult-use marijuana sales have seen billions of dollars in fresh tax revenue from cannabis, according to a new study. billion in tax revenue from legal, adult-use marijuana sales,” while “cities and towns have also generated hundreds of thousands of dollars in new revenue from local adult-use cannabis taxes.”.
Wildflower was founded in Vancouver in 2012, and focuses on working with experienced health and retail professionals to create optimal products. Wildflower strives to find the best technologies, highest quality cannabinoids, and most synergistic ingredients to maximize the benefits of cannabis. . Black Magic Woman Body Bar.
As the cannabis industry matures, there will be winners and losers. 8] ALTERNATIVES TO BANKRUPTCY Cannabis companies face a challenging landscape: high taxes, oversupply, security concerns. Losers lack access to the U.S. Bankruptcy Code. Insolvency relief is available under state law remedies. American Bankruptcy Institute, 1 Dec.
Prohibitionists and fear-mongering media outlets often try to discourage popular support for cannabis reform by claiming that underage cannabis use can cause brain damage. No significant associations between cannabis use and thickness were observed,” the study authors wrote, according to NORML. View original article.
1 (2005), a case in which the Supreme Court decided 6-3 that prohibiting entirely local (in California) consumption of cannabis for medicinal purposes was a legitimate exercise of Congressional power under the Commerce Clause. 519, 570–571 (2012); Taft v. Justice Thomas and Cannabis Tax. . __ (2021). Raich , 545 U.S.
Cannabis sustainability has a long, winding road ahead before perceptible change occurs and progress slowly begins. As a society, we are obsessed with “ green ,” regardless of your definition: money, cannabis, recycling, or our politics. ” What is “Bare Market, you may ask?
About 83,000 of those have been issued state medical marijuana cards which allow them to buy cannabis products from several dozen dispensaries operating across the state. The state also has collected more than $2 million in taxes on those sales. More than 116,000 Pennsylvanians have registered as patients. Chris Christie.
PUBLISHER: CANNABIS LAW REPORT. On February 14 th the Los Angeles Times published an article by Joe Mozingo entitled “Cannabis Farm Was a Model for California’s Legal Industry”. Every individual involved in plant touching activities in California’s cannabis industry is a criminal. AUTHOR: aBIZinaBOX Inc. CPAs – Jordan S.
The process of cannabis regulation in Latin America has placed the continent as the potential next hotspot for the cannabis industry. In 2012, Colombia decriminalized cannabis –a visionary move within the continent–, and legalized its medicinal use in 2016. A Sustainable Cannabis Cultivation Powerhouse.
PUBLISHER: CANNABIS LAW REPORT. Tax Court has issued a final decision under Tax Court Rule 155 on the income tax deficiency for Patients Mutual Assistance Collective Corporation (“PMACC”), the Company’s 100% owned subsidiary and owner of the iconic Harborside Oakland cannabis dispensary. CPAs – Jordan S.
Short Summary : In 2012, Mr. Lord owned interests in a limited liability company and an S corporation, both of which were formed in the State of Colorado and both of which were licensed by that state to cultivate, process, and distribute medical marijuana. Mr. and Mrs. Lord (“Petitioners”) timely filed a joint Form 1040 for 2012.
Each year on March 8, we honor this tradition by highlighting the women of Cannabis Conference, an impressive roster of women shattering glass ceilings, making space for themselves and other notable women in the burgeoning cannabis industry. . As we continue to announce speakers for Cannabis Conference (Aug. Theresa Bennett.
This pilot is a recharged, refreshed experiment in circularity, following PUMA’s exploration in the space in 2012, which saw the brand’s first attempt to create a biodegradable sneaker as part of its InCycle collection. In 2012, our circular ambition was bold but the technology wasn’t quite there.
Since 2012, the MED has published on its website annual reports on administrative actions involving fines, revocations, or suspensions. Dear MED Stakeholders: The MED is issuing this notice to inform stakeholders of its ongoing efforts to enhance the accessibility of information open to public disclosure.
In October 2019, Health Canada approved the sale of cannabis edibles, topicals and extracts for early 2020. Let us hope that one of Health Canada’s New Year’s resolutions is to do a better job of regulating cannabis and protecting the public, and in particular youth, from harm. Substantial harm to youth.
In October 2019, Health Canada approved the sale of cannabis edibles, topicals and extracts for early 2020. Let us hope that one of Health Canada’s New Year’s resolutions is to do a better job of regulating cannabis and protecting the public, and in particular youth, from harm. Substantial harm to youth.
PUBLISHER: CANNABIS LAW REPORT. 280E to cannabis dispensaries. 471 should be used by a cannabis dispensary to determine COGS. California’s Bureau of Cannabis Control adopted regulations beginning in 2018 that require Retailers to purchase cannabis that has been tested, packaged, and labeled by a Distributor [6].
Colorado was the first state in 2012 to legalize the recreational use of marijuana, also through a voter initiative. To get an initiated state statute or initiated constitutional amendment on the ballot in 2022, proponents had to collect 124,632 valid signatures. Petitioners had six months to circulate signature petitions.
We organize all of the trending information in your field so you don't have to. Join 14,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content