Illinois News Joint

MARCH 21, 2023

Ford , “Provides that premises may be shared between up to 3 craft growers, an infuser organization, a cultivation center, a dispensing organization, or any combination thereof, provided that specified requirements are met.” House Bill 0025 , also sponsored by Ford, “Raises specified square footage requirements for craft growers.

Oil 98

Oil Cultivation Agriculture THC 98

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%

Collective 52

Collective Policy Retail Programs 52

Cannabis Law Report

MAY 16, 2022

Gavin Newsom introduced proposed revisions to his 2022-2023 budget proposal, which would eliminate the cannabis cultivation tax rate beginning July 1, 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.

Legalization 52

Legalization Collective Education Cultivation 52

Cannabis Law Report

MAY 13, 2022

Some changes include: Setting the cultivation tax rate at zero beginning July 1, 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. In addition, the Governor’s budget proposal includes a one-time allocation of $20.5

Supply Chain 52

Supply Chain Collective Retail Programs 52

SpeedWeed

SEPTEMBER 8, 2021

million in cultivation tax and $1 billion in state sales tax during the course of the past 3 1/2 years. 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. billion, which includes $1.4 Bringing in $40.4

Collective 88

Collective Programs Supply Chain Cultivation 88

Veriheal

JUNE 12, 2023

Jason MacLean isn’t new to cannabis cultivation and genetic breading. He has been immersed within the cannabis community in Denver for over 15 years, working as a horticulturist and cultivator. And he also led the efforts that granted Cherry the Best Wholesale Cultivation award in the 2021 Best of Denver awards.

Strains 98

Strains Treatment Programs Policy 98

Cannabis Law Report

FEBRUARY 19, 2022

The law provides for up to 12 cultivator licenses, up to four processor licenses, up to four dispensary licenses, and up to five integrated facility licenses. The law provides for at least 20 to 40 dispensary licenses (there are currently 33) and four to eight cultivation facility licenses.

Legalization 97

Legalization Seed-To-Sale Programs Dispensary 97

Veriheal

SEPTEMBER 9, 2021

Collectively, the four aforementioned newly legal states are projected to earn $4.5 Medical cannabis cultivators who currently operate in the State of Connecticut could apply for a recreational license as early as this summer. Municipalities that permit recreational cannabis sales would also collect a 3% sales tax.

Legalization 109

Legalization Recreational Business Retail 109

Peninsula Alternative Health

JUNE 12, 2023

The legislation outlines three separate rounds of licensing, with the first round scheduled for the fall of 2023 and the second round in 2024. What are the rules for purchase, possession, and home cultivation? Home cultivation products. Can I apply for a cannabis license? Usable cannabis products (e.g.,

Legislation 52

Legislation Packaging Edibles Concentrates 52

Peninsula Alternative Health

JUNE 12, 2023

The legislation outlines three separate rounds of licensing, with the first round scheduled for the fall of 2023 and the second round in 2024. What are the rules for purchase, possession, and home cultivation? ounces of cannabis flower, up to 15 grams of concentrate, and up to six cannabis plants per household for personal cultivation.

Legislation 52

Legislation Packaging Edibles Concentrates 52

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.

Legalization 66

Legalization Data Law Cannabis 66

Cannabis Law Report

DECEMBER 9, 2021

Flower One is the largest cannabis cultivator, producer, and full-service brand fulfillment partner in the state of Nevada. The issuance of the Common Shares in lieu of cash is subject to the terms and conditions of the indentures as well as the receipt of all requisite approvals, including, without limitation, the approval of the CSE.

Cultivation 52

Cultivation Media Collective Business 52

The Blunt Truth

APRIL 20, 2021

Beginning on July 1, 2021, the Virginia Cannabis Control Act (CCA) will allow those 21 years of age or older to possess up to one ounce of cannabis and to cultivate up to four cannabis plants per household for personal use. Retail sales will not begin until January 1, 2024. Next Steps for Employers.

Recreational 77

Recreational Legalization Oil Extraction 77

Medicinal Genomics

JANUARY 10, 2024

Since then, CannMed has transformed into an industry event that attracts the brightest minds in cannabis science, medicine, cultivation, and safety testing. In addition, attendees will be able to collect stamps from each exhibitor’s tiki stand to earn entry into a drawing for exclusive prizes.

Research and Development 52

Research and Development Events Education Medicine 52

Cannabis Law Report

AUGUST 15, 2022

As the construction of Phase 1 of our Illinois cultivation and production facility nears completion, we are looking to expand our retail footprint in the state over the coming months in preparation for that facility to commence operations in 2023.”. million of related-party long-term debt not due until May 2024.

Retail 52

Retail Vaping Concentrates Cultivation 52

Cannabis Law Report

AUGUST 18, 2021

With regard to represented workers, the CRA does not “invalidate, diminish or otherwise interfere with any collective bargaining agreement” or the bargaining powers of any party to a collective bargaining agreement. The retail sale of marijuana in Virginia, however, will not begin until January 1, 2024. Philadelphia, PA.

Legislation 105

Legislation Legalization Marijuana Recreational 105

Greenspoon Marder Cannabis Law Group Blog

APRIL 19, 2021

Denver’s moratorium on licensing new medical marijuana stores and medical marijuana cultivation facilities will continue in effect upon signing of the omnibus bill. Prior to July 1, 2024, however, only medical or retail transporters who qualify as social equity applicants may perform the act of delivery to consumers and patients.

Marijuana 76

Marijuana Consumption Retail Business 76

Cannabis Law Report

FEBRUARY 8, 2020

The need for renewability, recyclability, and regulation is desperately required in all aspects of the cannabis production and process, from cultivation to end user. Dayna Stein closes with a powerful statement: “ Our business is truly about community building and taking collective action.”. billion cannabis industry.

Packaging 82

Packaging Vaping Collective Events 82

Canna Law Blog

AUGUST 13, 2022

In 2024, we may finally see adult use marijuana in Florida. After 25% of required signatures have been collected and sponsors submit a ballot title and summary to the Secretary of State, the Secretary of State then submits the proposal to Florida Attorney General. The initiative process. We will keep you posted.

Marijuana 92

Marijuana Treatment Law Compliance 92

Veriheal

MAY 4, 2023

These countries have the collective potential to spark economic transformation across the EU, which has been bludgeoned by financial downfalls since the COVID pandemic; GDP sunk 6.3% In 2021, Luxembourg and Malta legalized home cannabis cultivation for personal use. at the end of 2020. billion) by 2027.

Seed-To-Sale 93

Seed-To-Sale Supply Chain Recreational Hash 93

SpeedWeed

MARCH 15, 2021

Additionally, dispensaries pay a 4% privilege tax when they purchase products from cultivators. . Wholesale: The excise tax on cultivators is $335 per pound of flowers, $94 per pound for trim, $1.50 Medical marijuana sales: Purchases are subject to the 6.5% Marijuana tax rates in California. except for edibles, which are taxed at 8%.

Seed-To-Sale 52

Seed-To-Sale Marijuana Retail Programs 52

Canna Law Blog

NOVEMBER 16, 2022

10 cultivation (indoor or mixed light only). Cultivation : $7/sf of canopy (indoor artificial light). $4/sf Cultivation : $10/sf of canopy (indoor artificial light). $7/sf The County notes that, regarding the max increases, the tax rates for cultivation will be adjusted annually to reflect inflation in 2027. 25 delivery.

Retail 90

Retail Cultivation Business Programs 90

Canna Law Blog

JUNE 23, 2023

New York State’s recently passed 2024 budget includes many cannabis-related provisions, addressing enforcement, licensure, and penalties, with the goal of curbing the state’s illicit marijuana market. Several of the new enforcement tools at OCM’s enforcement disposal include: Issuing civil fines for unlicensed sellers.

Concentrates 96

Concentrates Edibles Legislation Cannabis 96

Cannabis Law Report

SEPTEMBER 27, 2021

Flower One” or the “Company”) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), the leading cannabis cultivator and producer in Nevada, is pleased to announce that it has closed the first tranche of its non-brokered private placement (the “Private Placement”), raising aggregate gross proceeds of US$5M. About Flower One Holdings Inc.

Events 52

Events Cultivation Media Business 52

Cannabis Law Report

MAY 28, 2022

Amid plummeting prices for cannabis “flower” in the Golden State, Santa Barbara County is likely to collect only $10.8 The tax structure approved by county voters in 2018 sets a four percent tax on gross sales revenues from cannabis cultivation, as reported every quarter to the county Treasurer-Tax Collector by the growers themselves.

Collective 52

Collective Cultivation Cannabis Business 52

Veriheal

SEPTEMBER 21, 2021

include Beboe, Dogwalkers, Dr. Solomon’s, Incredibles, Rhythm, and The Feel Collection. has 126 dispensaries and 22 cultivation facilities across 11 states. Apparently, the cannabis market is projected to reach over $63 billion by 2024. . The cannabis brands from Green Thumb Industries Inc. Canopy Growth Corporation.

Recreational 104

Recreational Medicine Edibles Cannabis 104

Cannabis Law Report

AUGUST 18, 2021

Simon, Tilray’s Chairman and CEO, said, “Backed by accelerating trends towards legalization globally, we are focused on building the world’s leading cannabis-focused consumer branded company with a goal of $4 billion of revenue by the end of our fiscal 2024. cannabis legalization (or Tilray’s waiver of such condition).In federal laws.

Events 105

Events Retail Research and Development Conditions 105

Cannabis Law Report

AUGUST 17, 2021

Simon, Tilray’s Chairman and CEO, said, “Backed by accelerating trends towards legalization globally, we are focused on building the world’s leading cannabis-focused consumer branded company with a goal of $4 billion of revenue by the end of our fiscal 2024. cannabis legalization (or Tilray’s waiver of such condition).In federal laws.

Events 105

Events Retail Research and Development Business 105

Cannabis Law Report

NOVEMBER 7, 2019

Beyond the attractive collection of strategic assets and intellectual property that Dr. Kingsley has assembled, I have taken this role because I share the Company’s ambitious vision for the future of cannabis. The second tranche of 2.5 million Incentive Warrants has an exercise price of US$3.81. The third tranche of 2.5

Pharmaceutical 40

Pharmaceutical Collective Extraction Policy 40

SpeedWeed

JULY 19, 2021

The new law legalizes simple possession and home cultivation for adults 21 and over, seals some marijuana-related records, and creates a new independent state entity, the Cannabis Control Authority (CCA), to regulate the cannabis market. Creighton of Richmond, Co-Founder, The Jackson Ward Collective Rasheeda N. Rasheeda N.

Legalization 52

Legalization Research and Development Safety Legislation 52

SpeedWeed

JULY 19, 2021

The new law legalizes simple possession and home cultivation for adults 21 and over, seals some marijuana-related records, and creates a new independent state entity, the Cannabis Control Authority (CCA), to regulate the cannabis market. Creighton of Richmond, Co-Founder, The Jackson Ward Collective Rasheeda N. Rasheeda N.

Research and Development 52

Research and Development Safety Legislation Cannabis 52

Kind Meds (Cannabis Education Blog)

FEBRUARY 7, 2022

Historical evidence suggests that humans worldwide have been cultivating and consuming cannabis for tens of thousands of years, but cannabis use has skyrocketed in recent years, especially in the US. Virginia also legalized cannabis in 2021, but residents can expect to wait until 2024 before they can purchase cannabis products.

Recreational 52

Recreational Data Cannabis DEA 52

Cannabis Law Report

AUGUST 30, 2019

Dubbed the the “Smart & Safe Arizona Initiative,” supporters of the effort must collect more than 237,645 valid signatures from voters by July 2, 2020, for the measure to be on the 2020 ballot. Advocates have until April 30, 2020, to collect more than 55,000 signatures. billion by 2024. International.

Banking 45

Banking Research and Development Legislation Programs 45

Canna Law Blog

AUGUST 30, 2023

High taxes , a staggering credit crunch and collections problems , receiverships , rampant local prohibition, overregulation by the state, and the raging illegal market are just a few. Further, a business could not have multiple cultivation permits on a single parcel. Here’s a copy of the initiative.

Wellness and Beauty 110

Wellness and Beauty Environment Cultivation Cannabis 110

SpeedWeed

MARCH 2, 2021

Ralph Northam expected later this week, Virginia will become the 16th state to legalize cannabis for adult use—although legalization won’t actually take effect until 2024. The Make It Legal advocacy group says it must collect about 200,000 more signatures; 766,000 are needed to put the issue before voters. With the signature of Gov.

Legalization 52

Legalization Recreational Legislation Cannabis 52

Cannabis Law Report

JUNE 30, 2019

The Utah Department of Agriculture and Food (UDAF) is urging all companies that plan to apply for one of the limited number of licenses to cultivate medical cannabis in the state to start the process of obtaining the required background checks now. billion in 2024, nearly triple the US$14.9 billion estimated for this year.

Chronic Pain 40

Chronic Pain Legislation Treatment Programs 40

Canna Law Blog

FEBRUARY 20, 2024

Throughout the course of both of his initial candidacy and eventual presidency, the businessman-turned-reality TV star-turned-President and Republican frontrunner for the 2024 election, Donald Trump, had a rollercoaster of a political relationship with cannabis reform.

History 101

History Legislation Cannabis Legalization 101