Illinois News Joint

APRIL 22, 2024

Effective July 1, 2024, certain taxing jurisdictions have, by ordinance, imposed or changed their Municipal or County Cannabis Retailers’ Occupation Tax on the gross receipts from sales of adult use cannabis. Cash registers and computer programs must be adjusted so that beginning on July 1, 2024, the corrected tax rate is collect and paid.

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Illinois News Joint

APRIL 17, 2024

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for March 2024. 2024 total monthly sales include: January: $133,787,753.89 These figures do not include taxes collected. 2024 total monthly sales include: January: $133,787,753.89 February: $135,571,931.44

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The Blunt Truth

MARCH 1, 2024

Arkansas’ Attorney General gives the go-ahead for advocates to start collecting signatures for a ballot initiative. Supporters of the initiative need to collect over 90,000 signatures by July 5 to qualify for the November ballot. This week, we check on the retail market legislation in Virginia. It’s legal!!!!

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Illinois News Joint

JULY 3, 2024

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for June 2024. 2024 total monthly sales include: January: $133,787,753.89 These figures do not include taxes collected. 2024 total monthly sales include: January: $133,787,753.89 February: $135,571,931.44

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Illinois News Joint

MARCH 14, 2024

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for February 2024. 2024 total monthly sales include: January: $133,787,753.89 These figures do not include taxes collected. 2024 total monthly sales include: January: $133,787,753.89 February: $135,571,931.44

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Veriheal

FEBRUARY 15, 2024

Collectively, the ten dispensaries owe more than $14.4 The Los Angeles Police Department collected bongs, cannabis manufacturing equipment, and furnishings including a snow cone machine, artwork, TVs, cameras, a refrigerator, and other miscellaneous office supplies. It will be held on February 16, 2024, at 777 W.

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The Blunt Truth

JANUARY 5, 2024

Happy 2024 – let’s start the year off with a shout-out to Colorado, where the retail market is celebrating an anniversary. Since that time, the industry has taken in $15 billion in revenue, with the state collecting $2.6 Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.

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Medical Marijuana Program Connection

JANUARY 23, 2024

Star Digital Report Tue Jan 23, 2024 09:56 PM Last update on: Tue Jan 23, 2024 09:58 PM Photo: Collected “> Photo: Collected Disguised as a fish-laden vehicle, a pick-up van loaded with over 100 kilograms of marijuana has been seized by members of Rapid Action Battalion (Rab-3) Concealed inside. Read More

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Illinois News Joint

FEBRUARY 25, 2024

Another provision requires the Illinois Department of Agriculture to issue an additional 30 craft grower licenses on or before May 1, 2023 and an additional 30 craft grower licenses on or before September 1, 2024 under specified conditions. 2) During calendar year 2024, 60,000 grams per month. (3)

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Illinois News Joint

JUNE 30, 2024

The retail store opened May 3, 2024, and serves recreational consumers. The company creates game-changing genetics and offers a collection of over 70 proprietary cannabis cultivars and more than 2,000 products. Cookies Pontoon Beach is located at 5111 State Route 111 in Pontoon Beach, Illinois. Hours of operation are 9 a.m.-9

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United Patients Group

JANUARY 4, 2024

As we move forward into 2024 and beyond, the sector offers diverse paths beyond direct patient care. In this article, we explore seven compelling non-clinical healthcare jobs poised to thrive in 2024 and beyond. In the dynamic healthcare industry, career opportunities extend beyond clinical practice.

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Medical Marijuana Program Connection

APRIL 26, 2024

Over a week after a group of North Dakotans filed a 2024 ballot measure petition to legalize recreational cannabis, the state’s top election official gave the green light for signature gathering to begin, reported ABC News. The New Economic Frontier, a cannabis advocacy committee behind the push, needs to garner. Read More

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Medical Marijuana Program Connection

APRIL 21, 2024

(KVHT) – The deadline for petitions to put measures on South Dakota’s 2024 ballot, including recreational marijuana legalization, is May 7th. Campaigners, like South Dakotans for Better Marijuana Laws, must collect 17,508 valid signatures from registered voters by then. Read More

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Veriheal

JANUARY 15, 2024

Moving Forward The United Nations will revisit the 2019 Ministerial Declaration in 2024. European states appear to be changing their collective minds about cannabis. The 2019 Ministerial Declaration is a continuous plan to keep drug policy commitments by states in the UN.

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Illinois News Joint

JULY 10, 2024

The press release stated, “This milestone was achieved nearly two weeks faster in 2024 compared to 2023, when the $1 billion sales mark was not reached until July 10. Additionally, Fiscal Year 2024 saw total cannabis sales exceed $2 billion, which represents an increase from Fiscal Year 2023 ($1.9 billion) and Fiscal Year 2022 ($1.8

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Cannabis Law Report

JANUARY 9, 2022

Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. local sales tax on adult-use cannabis and has collected $237.5 From February 2017 through August 2021, the local taxes collected totaled $86.1 The city of Denver, for example, applies an additional 5.5%

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Illinois News Joint

OCTOBER 25, 2024

12, 2024, in Springfield. For example, academic research institutions “shall notify the Department at least seven business days prior to collection of samples.” And the Department may assess a fee of up to $500 per sample if the sample is collected by the Department. These rulemakings will be considered at the meeting on Nov.

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Illinois News Joint

OCTOBER 11, 2024

12, 2024, meeting in Springfield. Academic research institutions must specify which testing laboratory they will use and consent to DOA collecting and forwarding requested data to USDA, which may include background checks, disposal reporting, and real-time information. These rulemakings will be considered at the Nov.

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Veriheal

DECEMBER 15, 2023

Colorado recently passed legislation allowing for “healing centers” utilizing shrooms to start opening as soon as 2024, and Oregon is trending in a similar direction. There is hope for the future, but rescheduling MDMA and subjecting it to rigorous testing and policy considerations are still necessary steps.

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Illinois News Joint

MARCH 21, 2023

Provides that the Cannabis Cultivation Privilege Tax shall not be assessed against or collected from specified craft growers until 2 years after the date the craft grower was awarded a license.” The follow set of intertwining bills includes Senate Bill 1723 , House Bill 0031 , and House Bill 0030.

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Veriheal

FEBRUARY 23, 2023

Flowhub says, “Nearly $3 billion in retail cannabis taxes were collected in 2022.” The 2024 election year is quickly approaching, and with some luck, we’ll finally see an end to federal marijuana prohibition. Cannabis legalization generates massive amounts of revenue. That $3 billion is only the tip of the iceberg.

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The Blunt Truth

SEPTEMBER 8, 2023

This action allows proponents of the measure to begin collecting signatures. If they are successful, the measure would appear on the November 2024 ballot, and a simple majority would be required for passage. The draft explanation received several comments, which were reviewed prior to drafting the final measure.

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Illinois News Joint

JUNE 16, 2023

The signing of the final budget ensured that no medical cannabis patient would receive refunds, as HB1189 proposed, “on June 30, 2024 or June 30 of any subsequent year.” The $40,000,000 transferred from the Compassionate Use of Medical Cannabis Fund into Cannabis Business Development Fund was increased from $12,000,000.

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SpeedWeed

SEPTEMBER 8, 2021

They could also drastically simplify the tax collection process and make it harder to cheat, which will raise tax revenue, by moving the tax collection all to the point of sale. million during the second quarter of 2021, California’s cultivation tax represented roughly 12% of the state’s total cannabis tax collected from that period.

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Cannabis Law Report

JUNE 1, 2021

Given the size and scale of the study, RYAH has developed a custom software solution, using OAuth API-integration to protect the privacy of the participants in the study, with the goal of enabling a fully integrated, patient feedback and data collection capability. billion, servicing nearly 340,000 active patients.

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Veriheal

SEPTEMBER 9, 2021

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. With a recreational cannabis market geared up for launch on January 1, 2024, Virginians have a lot to look forward to. Fundamental Social Equity Provisions.

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Cannabis Law Report

MAY 9, 2019

billion by 2024 if both medical and recreational cannabis are legalised across a number of key markets. billion to China and US$800 million to Japan by 2024; collectively they would account for an estimated 90% share of the market. China and Japan represent Asia’s two largest-value medicinal cannabis markets, worth almost US$4.4

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Cannabis Law Report

JUNE 23, 2021

Medicann is launching an observational study using RYAH Smart Dry Herb Inhalers in order to collect patient feedback on consumption of cannabis strains available on the Island, including strains supplied by Aurora Europe , a subsidiary of Canadian-headquartered Aurora Cannabis Inc., In 2019, the island’s economy grew by 2.1%

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Medical Marijuana Program Connection

JANUARY 10, 2024

–(BUSINESS WIRE)–Beginning in January 2024, natural medicine research nonprofits Realm of Caring, Unlimited Sciences and Lily’s Lighthouse will collaborate to collect data for an observational study on the efficacy of functional mushrooms in treating epilepsy. COLORADO SPRINGS, Colo.–(BUSINESS

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Illinois News Joint

APRIL 2, 2023

Taxes from adult use cannabis sales, including wholesale taxes and retail taxes at dispensaries, get collected into the Cannabis Regulation Fund, which are then distributed by statute and spent by the fiscal year budget. First, the money flows to administrative expenses by the State agencies implementing cannabis.

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Cannabis Law Report

MAY 16, 2022

The 15% excise tax on cannabis sales would remain, and the collection and remittance of that tax would be limited to retail sales beginning January 1, 2023. Gavin Newsom introduced proposed revisions to his 2022-2023 budget proposal, which would eliminate the cannabis cultivation tax rate beginning July 1, 2022. per ounce of flower, $3.00

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Veriheal

APRIL 23, 2024

Report: Gen Z Would Rather Smoke Cannabis Than Consume Alcohol To collect this data, Veriheal surveyed thousands of patients between the ages of 15 and 27 who signed up for our services between March 2023 and April 2024.

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Illinois News Joint

SEPTEMBER 29, 2024

The Pheotera Grove brand originated in 2015 in Oregon, outside of the Portland area, and launched in Illinois October 2024. According to Metschke, “Our lineup is a curated collection of cannabis-infused topicals, each designed to meet the unique needs of our customers. Her creations are now the heart of Pheotera Grove.

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Cannabis Law Report

MAY 13, 2022

Shifting the point of collection and remittance for excise tax from distribution to retail on January 1, 2023, maintaining a 15 percent excise tax rate. Strengthening tax enforcement policies to increase tax compliance and collection and reduce unfair competition. million to help expand access to legal retail throughout California.

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Cannabis Law Report

JULY 19, 2021

Creighton of Richmond, Co-Founder, The Jackson Ward Collective. million in 2024 and $38.4 Shane Emmett of Midlothian, Co-Founder and Former Chief Executive Officer, Health Warrior. Cannabis Equity Reinvestment Board. The new law dedicates 30 percent of tax revenue from cannabis sales. This is predicted to be $7.8

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Veriheal

JUNE 12, 2023

This would be thanks to the Collective Bargaining Act between the National Basketball Players Association (NBPA) and the NBA. If ratified as it is expected to be, the new CBA will take effect in the 2023-2024 season and remain in place until at least 2029.

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Cannabis Law Report

DECEMBER 4, 2021

States and cities collected $350 billion from the COVID-19 stimulus package to spend on everything from subsides for low income renters to pay increases for teachers. Municipalities must commit the stimulus money by 2024, and spend it by 2026. For now, U.S. municipalities are swimming in cash.

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