Cannabis Law Report

JANUARY 26, 2019

This Post suggests some specific changes relating to the reporting and collection of Cannabis Cultivation Tax (“CCT”) and Cannabis Excise Tax (“CET”). Many cultivators have continued struggling to cope with the regulatory labyrinth California created. Some cannabis cultivators believed they had paid CCT.

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Cultivation Collective Dispensary Cannabis 45

Veriheal

JANUARY 25, 2022

The board’s decision—which was made based on gaps in the 2018 Farm Bill that federally legalized hemp—is outlined in the document from its 901st meeting. Thanks to the 2018 Farm Bill, industrial hemp cultivation and processing is federally legal, though a few states have chosen to ban or not regulate the crop and its derivatives.

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Hemp Business CBD Seed-To-Sale 98

Cannabis Law Report

SEPTEMBER 15, 2019

million euros in tax revenues with medicinal cannabis in 2018. At the end of 2020, cannabis from German cultivation should be available for patients. ( Leafly.de On the one hand, this calculation is based on real tax receipts that the state can not yet collect. This is what leafly say. reported. ). Economic factor cannabis.

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Media Medicine Collective Data 45

Canna Law Blog

DECEMBER 22, 2019

The Agriculture Improvement Act of 2018 (“ 2018 Farm Bill ”) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (“CSA”) and by providing a detailed framework for the cultivation of hemp. Today, we cover Nebraska. 2-501 et seq.), ” NE St. §

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Hemp CBD Agriculture Cultivation 73

Cannabis Law Report

JUNE 7, 2021

Eight of the laws passed in 2020 or 2021, and in seven of those states, licensing and tax collections have not yet begun. local sales tax on adult-use cannabis and has collected $210.6 Eighteen states have enacted laws legalizing, taxing, and regulating cannabis for adults 21 and older. million as of April 2021. 46,104,922. April 2021.

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Marijuana Retail Collective Programs 91

Cannabis Law Report

MAY 28, 2022

California has taken in nearly $4 billion in marijuana tax revenue since the state’s adult-use market launched in 2018, the Department of Tax and Fee Administration (CDTFA) reported on Thursday. But figures over the past year and a half are “flat,” legislative analysts reported.

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Cultivation Legislation Collective Policy 52

Cannabis Law Report

NOVEMBER 26, 2019

Since the 1960s, Heilongjiang Academy of Agricultural Sciences (HAAS) has been engaged in agricultural research such as the collection and collation of hemp germplasm resources. In 2018 and 2019,HCC has organized two CBD and Investment Conferences in Hongkong and Beijing attracting over 500 insiders and investors. About CECMOl-HCC.

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Hemp Research and Development Agriculture Collective 59

The Blunt Truth

AUGUST 18, 2022

New Approach ND collected signatures well in excess of the number needed to put the initiative on the ballot, and the Secretary of State certified the measure. Legalization lost at the ballot box in 2018, so we’ll see how it fares in 2022. The Cannabis Control Board also approved additional cultivator and processor licenses.

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Collective Consumption Legalization Events 110

Cannabis Law Report

SEPTEMBER 23, 2022

That is three times the amount the state collected in 2018. “In In fiscal year 2021 , the Alaska Department of Revenue collected $30 million in marijuana taxes, three-times the amount collected in 2018. “In The state charges a $50 per ounce excise tax on marijuana sales from warehouses to retailer.

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Recreational Marijuana Collective Retail 52

Cannabis Law Report

MARCH 13, 2020

Just over two years after commercial cannabis sales became legal in California, the state has collected more than $1 billion in taxes from commercial marijuana activity. billion since retail pot sales became legal in January 2018. million in cultivation taxes, and $403.1 million in cultivation taxes, and $403.1

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Collective Safety Retail Programs 59

The Cannigma

JULY 24, 2022

Back when the US was still a collection of colonies under British rule, South Carolina had a booming industrial hemp industry. The bill did not include smokable cannabis or home cultivation and kept cannabis possession a misdemeanor. Since the passage of the 2018 Farm Bill, hemp-derived CBD is federally legal across all 50 states.

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Law THC Hash Oil 123

SpeedWeed

FEBRUARY 25, 2021

California rolled out its legal cannabis market in January 2018 with two new state taxes: a 15% excise tax and a cultivation tax. Before 2018, legal marijuana companies such as dispensaries were already subject to sales taxes – and, as a result, were commonly hit with state audits. “It Tax agency ramping up.

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Marijuana Compliance Compliance Collective 52

Cannabis Law Report

OCTOBER 26, 2021

Last week, the National Agricultural Statistics Service (NASS) began collecting data for its first ever Hemp Acreage and Production Survey. The hemp survey will collect information on the total planted and harvested area, yield, production, and value of hemp in the United States. Here’s what they say. on a dry weight basis.

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Hemp Agriculture Data Collective 52

Cannabis Law Report

MARCH 30, 2022

VISTA — To alleviate pressures on cannabis businesses, the City of Vista cleaned up its rules to return hundreds of dollars in overpayments back to local dispensaries, and to collect some missing fees. Many overpaid the city, while there were some underpayments.

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Business Collective Retail Dispensary 52

Cannabis Law Report

MARCH 10, 2020

With the establishment of Collective Growth Corp., It’s a dream that may soon be realized by Collective Growth Corp., Collective Growth Corp. Whaling tells Hemp Grower the idea behind Collective Growth Corp. Collective Growth Corp. Collective Growth Corp. In his new role with Collective Growth Corp.,

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Supply Chain Hemp Collective Agriculture 64

Cannabis Law Report

SEPTEMBER 7, 2021

It has been is grown under Good Agricultural and Collection Practices (GACP), manufactured under EU Good Manufacturing Practices (EU GMP), and conforms with Therapeutic Goods (TGO 93) Order 2017. Named after an Australian wildflower, the medicine has a THC content of 16% and is available for sale in 15g packs through pharmacies nationwide.

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Seed-To-Sale Supply Chain Research and Development Medicine 103

MJ Business Attorneys

JULY 24, 2019

In May of this year, authorities conducted what they describe as the largest collective marijuana bust in Colorado’s history, seizing over 80,000 plants and making 42 arrests. In 2018, California’s legal cannabis sales totaled $2.5 Law enforcement has found Colorado-grown plants in 34 other states.

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Legalization Marijuana Policy Business 178

Canna Law Blog

NOVEMBER 3, 2019

The Agriculture Improvement Act of 2018 (“ 2018 Farm Bill ”) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (“CSA”) and by providing a detailed framework for the cultivation of hemp. The USDA has also provided additional insights for hemp producers.

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Hemp Agriculture CBD Cultivation 56

Cannabis Law Report

FEBRUARY 14, 2020

In 2018 the Constitutional Court – South Africa’s highest court – unanimously ruled to decriminalise the private possession, consumption and cultivation of cannabis. Since 2018, the manufacture, import and sale of cannabis-related products other than those containing tetrahydrocannabinol (THC) has taken off. Introduction.

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Hydroponic Cultivation Medicine Legislation 59

Cannabis Law Report

MARCH 7, 2020

cannabis industry in 2018? The scary question as discussed directly in Ryan Miller’s June 2018 article on Recycling in the Cannabis Industry : Nipping a cannabis garbage problem in the bud. The only way to achieve this scale is to use dispensaries as the collection points, much like some were already doing back in 2017.”

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Vaping Collective Dispensary Cannabis 87

SpeedWeed

JULY 18, 2021

Starting in 2017, researchers began collecting data from state-licensed cannabis cultivators and supplemented this information with anonymous surveys of weed farmers. On average, a legal pot cultivator uses the same amount of water as a tomato farmer. If a grow operation is legal, the water source will be legal (and managed).

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Environment Data Cultivation Collective 52

Cannabis Law Report

MARCH 25, 2020

City officials claimed the decision does not contradict voters’ 2018 approval of Measure M, which authorized a 10% tax on recreational cannabis sales. San Jose Spotlight reported that the measure simply asked whether the city should collect taxes if a cannabis program were to be established. “If SJCC student Justin Gregory said.

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Collective Recreational Cannabis Programs 45

Cannabis Law Report

JULY 29, 2022

We believe the case for this reform is very strong, as it would create tax fairness for legal cannabis businesses and significantly weaken the illicit market, which would result in stronger tax collections for the federal government over the long term.” At issue were federal taxes owed of approximately $22.1 About StateHouse.

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Collective Cultivation Patients Retail 52

Cannabis Law Report

MARCH 7, 2019

Cannabis dispensaries are only a small portion of the retail businesses that collect and pay-over Sales Tax. The two charts below illustrate the division of costs and gross profit among a cultivator, distributor and dispensary as well as the impact of taxes as a pound of flower moves from a cultivator to a consumer.

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Collective Dispensary Cultivation Retail 45

Cannabis Law Report

OCTOBER 1, 2021

“ “This text raises a regulatory model that includes the existing reality that exists of alternatives to the illicit market that right now are self-cultivation and associations, we want to provide legal security to a reality that already exists. Up to twenty plants for self-cultivation in 2018 in draft.

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Law Legalization Recreational Cultivation 52

Cannabis Law Report

JULY 20, 2021

and certain of its affiliates (collectively, “Nature’s Remedy”), a vertically integrated single state operator in Massachusetts. cultivation and production facility in Lakeville, MA with approximately 19,500 sq. In November 2018 recreational cannabis operation sales commenced. The purchase price (inclusive of the full US$10.0

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Conditions Cultivation Recreational Collective 98

SpeedWeed

FEBRUARY 25, 2021

Depending on state and local regulations, licensees frequently choose to cultivate, process, and sell cannabis out of the same business. California and Massachusetts established this new license type after voters approved legalization ballot measures in 2016, with Michigan following in 2018. Mandatory licensing launched in early 2018.

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Cultivation Retail Policy Business 52

Canna Law Blog

DECEMBER 5, 2019

Since the 2018 Farm Bill was signed and hemp was removed from the Controlled Substances Act, our hemp attorneys have seen more and more banks and credit unions take on various kinds of hemp clients (including hemp cultivators, processors, and even Hemp-CBD sellers).

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Banking Hemp Compliance Compliance 72

Cannabis Law Report

NOVEMBER 28, 2019

But he said Alaska’s tax structure is hurting cultivators. Izon had hoped to expand his cultivation operation, but he said the money’s not there. The Department of Revenue reports in November 2018 there were a total of 32 cultivators owing $728,400. “It’s been growing exponentially in my eyes,” Izon said.

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Cultivation Retail Collective Business 59

Cannabis Law Report

JANUARY 10, 2020

However, the strong growth of marijuana sales and new business entrants began to slow in 2017 and 2018, suggesting the industry may be moving into a more mature stage of development. Industrial hemp remained illegal federally until late 2018, when the 2018 Farm Bill legalized it with regulation and oversight from the U.S.

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Banking Marijuana Collective Recreational 59

Canna Law Blog

NOVEMBER 26, 2019

On November 20th, the Washington State Department of Agriculture (“WSDA”) released the hemp cultivation plan (the “Plan”) that it intends to submit to the US Department of Agriculture (“USDA”) along with a corresponding set of hemp regulations (“Hemp Rules”). That’s what Washington has done with hemp cultivated for food.

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Hemp Food Compliance Compliance 94

Veriheal

SEPTEMBER 9, 2021

They follow in the footsteps of Vermont, which became the first legislative-driven legal cannabis state back in 2018. Collectively, the four aforementioned newly legal states are projected to earn $4.5 Municipalities that permit recreational cannabis sales would also collect a 3% sales tax. Legal Cannabis Business Framework .

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Legalization Recreational Business Retail 109

Veriheal

SEPTEMBER 14, 2020

Medical marijuana was legalized in Pennsylvania back in 2016 and went into effect in 2018. While medical is helping the people of Pennsylvania, it isn’t collecting the revenue that recreational sales could be collecting. . Tom Wolf is one of those lawmakers who is pushing for the legalization of recreational cannabis.

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Recreational Legalization Seed-To-Sale Pharmaceutical 98

Cannabis Law Report

FEBRUARY 20, 2020

The Long Beach Collective Association (“ LBCA “), cannabis business owners, policy advocates, patients, consumers, and city officials came together to support the city’s legal cannabis business community to lower taxes. In 2018, legal cannabis sales in California amounted to $341 million in tax revenue, far below the projected $1 billion.

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Collective Policy Cannabis Cultivation 59

Veriheal

SEPTEMBER 21, 2022

We take pride in our in-house cultivation, global varieties, and a full lineup of strain-specific products.” Back in 2018, Thailand became the first Asian country to permit medically prescribed cannabis. Thanks to the new law, Thai residents can legally cultivate the plant for personal consumption. .

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Seed-To-Sale Cannabis Tincture Cultivation 96

Cannabis Law Report

MARCH 7, 2019

More than 64,000 of those jobs were added in 2018. It gained another 44% in 2018. Now with 45 employees, the company is moving forward with plans to cultivate, process and sell medical marijuana. “We had to go out of state to find specialists and managers for our cultivation business.

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Data Legalization Cultivation Education 45

Cannabis Law Report

AUGUST 20, 2019

But now that 10 states and the District of Columbia have legalized recreational marijuana, officials are grappling with projecting collections from a new sin tax. These challenges have consequences: If tax collections come in below forecasted amounts, for example, programs that are funded by these dollars could suffer.

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Seed-To-Sale Marijuana Collective Data 40