Cannabis Law Report

AUGUST 24, 2021

(the “Company”) (OTCQB: ZDPY), a leading real estate development firm for emerging and highly regulated industries including legalized cannabis, today announced an amendment to the lease agreement with its significant tenant related to its cultivation facility located in Chino Valley, Arizona. Transaction Highlights. COVID-19 Statement.

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Cultivation Media Business Events 105

Illinois News Joint

JANUARY 29, 2024

One of those brands with new products is Cannect Wellness , a premium craft cannabis cultivator and product manufacturer. Cannect Wellness was founded in Illinois in 2020. We never settle for anything less than the best, which is why our products are strain-specific and backed by full terpene profile data.

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Terpenes Cultivation Education Data 105

Cannabis Law Report

AUGUST 26, 2021

California collected about $817 million in adult-use marijuana tax revenue during the 2020-2021 fiscal year, state officials estimated on Monday. The state levies two excise taxes on cannabis: a retail excise tax and a cultivation tax. Fourth Quarter of 2020-21: $213 Million. Preliminary 2020-21 Total: $817 Million.

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Medicine Marijuana Retail Cultivation 105

Cannabis Law Report

JUNE 20, 2023

In 1994 Colombia decriminalized the personal use and self-cultivation of several cannabis varieties, although production, distribution and commercialization remain penalized by law. According to official data, in 2020 cannabis constituted more than 50% of all seized illicit drugs in the country, […]

Law 52

Law Decriminalization Data Cultivation 52

Cannabis Law Report

JULY 20, 2022

According to recent data from the Drug Enforcement Administration , however, in 2021, federal law enforcement agents seized over 5.5 In 2020 alone, legal sales of marijuana in the US bought in a record $17.5 million marijuana plants and conducted more than 6,600 marijuana related arrests.

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DEA Data Decriminalization Legalization 52

Cannabis Law Report

JULY 18, 2022

According to recent data from the Drug Enforcement Administration , however, in 2021, federal law enforcement agents seized over 5.5 In 2020 alone, legal sales of marijuana in the US bought in a record $17.5 million marijuana plants and conducted more than 6,600 marijuana related arrests.

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DEA Data Decriminalization Legalization 52

SpeedWeed

AUGUST 11, 2021

Dan Banks, the vice president of cultivation for Lightshade, says he analyzed the total amount of illumination needed at the company’s 20,000-square-foot greenhouse facility and determined that the 336 supplemental HPS lights in the space did not provide enough luminosity. “You It’s more bang for your energy buck.

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Cultivation Banking Research and Development Cannabis 52

Cannabis Law Report

AUGUST 4, 2021

It includes the tax design, final revenue in fiscal year (FY) 2020 and estimated revenue for FY 2021, and revenue per capita generated in the same fiscal years. billion in FY 2020 from state-level excise taxes. Collections in States with Operational Markets in FY 2020 and FY 2021. Revenue FY 2020. Tax Design. Specific. $50/oz.

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Collective Marijuana Retail Data 105

Cannabis Law Report

AUGUST 3, 2021

(CSE: MXT) (OTCQB: MXTTF) aims to address these problems by pairing biometric interviews with brainwave data to create a proprietary mental health reference database. Using machine learning algorithms and qualified practitioner input, the company is leveraging that data to build tools that deliver digital diagnostic opinions.

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Research and Development Data Conditions Therapy 105

SpeedWeed

JULY 21, 2021

From July 2017 to June 2018, the state saw $529,851,245 in taxable medical and adult-use cannabis sales, a figure that has steadily increased to $719,216,651 during the current fiscal year, which includes sales data from July 2020 to March 2021, according to the Nevada Department of Taxation. Reflecting on Lessons Learned.

Cultivation 52

Cultivation Legislation Dispensary Packaging 52

Cannabis Law Report

JUNE 9, 2021

Fourth Quarter 2020 Revenue Increases 29.6% million as compared to the Third Quarter 2020; First Quarter 2021 Revenue Increases 29.0% million as compared to the Fourth Quarter 2020; Provides Second Quarter 2021 Revenue and Adjusted EBITDA Guidance. Fourth Quarter 2020 Highlights. Full Year 2020 Highlights.

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Retail Business Cultivation Events 59

Illinois News Joint

AUGUST 19, 2024

This Know Your Brand feature highlights Cannect Wellness , a premium craft cannabis cultivator and product manufacturer. Cannect Wellness was founded in Illinois in 2020. We never settle for anything less than the best, which is why our products are strain-specific and backed by full terpene profile data. 7 at Molly’s Joint.

Terpenes 59

Terpenes Events Data Strains 59

Veriheal

AUGUST 26, 2021

The money will be used to purchase the cultivator’s assets. Included in the deal are a hoop house, indoor greenhouse, outdoor cultivation capacity, equipment, and cultivation facilities. It marks the company’s first foray into the cultivation segment — an area of the global cannabis market expected to reach $358.8

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Cultivation Seed-To-Sale Extraction Business 90

SpeedWeed

MAY 18, 2021

The latest edition of MJBizDaily’s Annual Marijuana Business Factbook provides data that tells cannabis businesses exactly what investors want and don’t want. In 2020, just 18% of global investments in the cannabis industry went to private companies ($0.8 Be realistic and back everything up with data.

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Business Data Retail Cultivation 52

The Joint Blog

FEBRUARY 13, 2020

Western Illinois University school officials announced on Monday that beginning fall 2020, they will be offering a degree minor for marijuana cultivation. ” Recreational marijuana sales in Illinois totaled nearly $40 million in the first month of legal sales – January – according to data released by the state.

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Cultivation Agriculture Marijuana Recreational 26

Cannabis Law Report

JANUARY 25, 2022

(“Zoned Properties” or the “Company”) (OTCQB: ZDPY), a leading real estate development firm for emerging and highly regulated industries including legalized cannabis, today announced an amendment to the lease agreement with its significant tenant related to its cultivation facility located in Chino Valley, Arizona. Transaction Highlights.

Cultivation 52

Cultivation Media Business Events 52

Cannabis Law Report

JUNE 16, 2022

million cultivated marijuana plants and made more than 6,600 marijuana-related arrests in 2021, according to annual data compiled by the US Drug Enforcement Administration. . million cultivated cannabis plants last year – a 20 percent increase over 2020’s totals. million plants via its domestic eradication program.

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DEA Marijuana Programs Data 52

Cannabis Law Report

SEPTEMBER 1, 2021

And despite being closed for two months in 2020 due to the COVID-19 public health emergency in Massachusetts, 89 Marijuana Retailers generated $714.1 million over the second year of adult-use sales, from November 2019 to November 2020, while 91 Marijuana Retailers reached a total of $702 million for the full calendar year of 2020.

Marijuana 100

Marijuana Seed-To-Sale Safety Data 100

SpeedWeed

AUGUST 31, 2021

16, 2020, but a report released earlier this month revealed the extent to which licensed patients were lined up for access. 5, 2020, according to the department’s second annual report of the Missouri Medical Marijuana Regulatory Program. That year, Missouri home cultivators were comprised of 7,276 patients and 298 caregivers.

Programs 72

Programs Patients Dispensary Cultivation 72

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. In the 2019 and 2020 fiscal years, state officials reported that revenue from the 37% cannabis retail tax outpaced alcohol tax revenue, despite the fact that many more adults consume alcohol than cannabis.

Marijuana 91

Marijuana Retail Collective Programs 91

Cannabis Law Report

JULY 29, 2021

Notably, both the low and high ends of observed transaction data – $900 and $1,650 per kilogram – were up compared to May.”. million square feet recorded in June 2020 and up 85% from over 90.8 Flower grown indoors or in greenhouses also typically commands a premium price compared to that cultivated outdoors.”.

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Hemp CBD Data THC 131

Cannabis Law Report

MAY 21, 2022

New record for Portugal : in 2021 cannabis exports increased by 600% compared to 2020 and for 2022 the forecasts are rosy. . If in 2020 Portugal had sold 4.5 Cannabis Therapeutica. Today, therefore, in the European panorama together with France, the United Kingdom and Germany, there is a new protagonist of the five-pointed market.

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Decriminalization Cultivation Data Cannabis 52

SpeedWeed

JULY 8, 2021

They are not issued with the same frequency – nor ferocity as cultivation and retail/dispensary licenses. We ended 2020 with 4,393 active manufacturing licenses. In some jurisdictions, the cultivation and manufacturing activities may be combined into a single license like in Connecticut and New Mexico. Leaderboard.

Media 52

Media Data Retail Concentrates 52

SpeedWeed

AUGUST 31, 2021

16, 2020, but a report released earlier this month revealed the extent to which licensed patients were lined up for access. 5, 2020, according to the department’s second annual report of the Missouri Medical Marijuana Regulatory Program. That year, Missouri home cultivators were comprised of 7,276 patients and 298 caregivers.

Consumption 57

Consumption Programs Patients Dispensary 57

SpeedWeed

AUGUST 31, 2021

16, 2020, but a report released earlier this month revealed the extent to which licensed patients were lined up for access. 5, 2020, according to the department’s second annual report of the Missouri Medical Marijuana Regulatory Program. That year, Missouri home cultivators were comprised of 7,276 patients and 298 caregivers.

Agriculture 53

Agriculture Programs Patients Dispensary 53

The Cannigma

MAY 9, 2021

Indoor cultivation’s carbon footprint is so energy intensive that it is indefensible from an energy and environment perspective, argued the authors of the report. Many cultivators prefer indoor cultivation because it makes possible five or more grow cycles per year, compared to only one or two outdoors. But there’s a price.

Agriculture 144

Agriculture Cultivation Wellness and Beauty Consumption 144

SpeedWeed

SEPTEMBER 1, 2021

16, 2020, but a report released earlier this month revealed the extent to which licensed patients were lined up for access. 5, 2020, according to the department’s second annual report of the Missouri Medical Marijuana Regulatory Program. That year, Missouri home cultivators were comprised of 7,276 patients and 298 caregivers.

Programs 52

Programs Patients Dispensary Cultivation 52

Cannabis Law Report

MARCH 11, 2022

Because of a glut of marijuana on the market, the county’s tax revenue from cannabis cultivation is projected to be only $12.4 During the 2020-21 fiscal year ending last June, the county collected $15.7 million in taxes from cannabis cultivation. million this fiscal year, or $6 million less than the $18.4

Cultivation 52

Cultivation Retail Collective Data 52

SpeedWeed

MARCH 9, 2021

Retail licenses for Oklahoma’s medical cannabis program declined 8% in 2020, the first contraction for the open-license market since MMJ sales began in 2018. Despite the 2020 decline, the state led the nation in the number of retail licenses, ending the year with 2,057. To say there is retail saturation is an understatement.”.

Dispensary 52

Dispensary Seed-To-Sale Media Retail 52

SpeedWeed

MARCH 18, 2021

Missouri’s MMJ program launched in mid-October 2020 , but cumulative sales had reached only $19.8 million as of March 12, according to data compiled by the state. 17 cultivators. As of March 12, the following types of medical marijuana businesses were in operation in Missouri: 60 dispensaries. 8 manufacturers. 8 transporters.

Programs 52

Programs Data Dispensary Cultivation 52

Veriheal

NOVEMBER 20, 2020

Statistical data published by Headset Insights Pulse revealed that Michigan’s medical and recreational cannabis markets in 2020 brought in 313.7 This data also showed an incredible surge in recreational cannabis sales in the state of Michigan from January of 2020 through August of 2020. million and 281.2

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Recreational Data Cannabis Access 98

Veriheal

AUGUST 3, 2021

They make a good point, considering the fact that the legislation invites hemp cultivators to participate in the state’s supply chain. The amendment stipulated that cultivation would need to be conducted in an enclosed and secure space and patients would be mandated to ensure that plants would be kept out of reach of minors. .

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Legislation Patients Supply Chain Dispensary 98

The Cannigma

JANUARY 18, 2021

And given the remote locations of most cultivation operations, any budding trimmer must be comfortable with an all-inclusive, isolated work environment. After considering the dull, dirty, and dangerous dilemma cannabis cultivators face, Gowa and his team at Bloom have developed their own sci-fi solution: robotic marijuana trimmers. “We

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Cultivation Trichome Environment History 126

SpeedWeed

SEPTEMBER 14, 2021

The new law legalizes cannabis possession up to one ounce, as well as cultivation of up to four personal plants per household, but requires that the grower tags their plants with their driver’s license/ID and a note saying that they are being grown for personal use. In July and August of 2020 , there were 257 arrests. “A

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Legalization Data Law Cannabis 66

Cannabis Law Report

JANUARY 20, 2022

The new bookings are an operational metric comprised of the Company’s sales of its state-of-the-art cultivation and extraction solutions, including its Vertical Farming Units (“VFUs”), as well as the expected revenue from Agrify’s Total Turn-Key Solution (“Agrify TTK Solution”) agreements over the first three years of cultivation.

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Extraction Cultivation Hemp Data 52

The Cannigma

FEBRUARY 14, 2021

Fast-forward to 2020, and Smith and two co-founders launched “Tetragram,” a mobile app designed to help medical cannabis patients determine which products — including which strains, formulations, and delivery methods — work best for their ailments or even their recreational use goals. Shutterstock).

Wellness and Beauty 145

Wellness and Beauty Data Terpenes Patients 145

Cannabis Law Report

JUNE 28, 2021

Flower One” or the “Company”) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), the leading cannabis cultivator and producer in Nevada, is pleased to announce its financial and operating results for the first quarter ended March 31, 2021, along with its unaudited preliminary revenue guidance for the second quarter of 2021.

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Cultivation Packaging Media Events 81