SpeedWeed

SEPTEMBER 8, 2021

million in total program tax revenue, according to the California Department of Tax and Fee Administration (CDTFA). Since the state launched its first adult-use sales in January 2018, the cannabis industry has provided a total program revenue of $2.8 The largest legal cannabis market in the world just had the best quarter on record.

Collective 88

Collective Programs Supply Chain Cultivation 88

Cannabis Law Report

JANUARY 9, 2022

Since 2014 when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. of the population enrolled.

Collective 52

Collective Policy Retail Programs 52

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

Edibles 64

Edibles Dispensary Cannabis Collective 64

Cannabis Law Report

FEBRUARY 19, 2022

Alabama legalized medical a medical cannabis program on May 17, 2021 when Governor Ivey signed SB 46 into law. Although medical cannabis program was signed into law last year, it has yet to be fully implemented. Since then, the legislature has passed a number of laws that have expanded the state’s medical cannabis program.

Legalization 97

Legalization Seed-To-Sale Programs Dispensary 97

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.

Strains 98

Strains Treatment Programs Policy 98

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.

Research and Development 98

Research and Development Business Patients Cannabis 98

Veriheal

SEPTEMBER 9, 2021

Collectively, the four aforementioned newly legal states are projected to earn $4.5 ” This fee — which is designed to support social equity programs — is required to convert up to three medical cannabis dispensaries into dual medical-recreational facilities. billion in annual sales by the fourth year of operation.

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Legalization Recreational Business Retail 111

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.

Education 98

Education Cannabis Collective Programs 98

Cannabis Law Report

JULY 19, 2021

Creighton of Richmond, Co-Founder, The Jackson Ward Collective. million in 2024 and $38.4 The board will support locally designed and community-based responses that include grants for workforce development, apprenticeship, and reentry programs, and scholarships for historically marginalized individuals. “We

Legalization 81

Legalization Research and Development Safety Advocacy 81

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

Legalization 52

Legalization Collective Education Cultivation 52

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.

Supply Chain 52

Supply Chain Collective Retail Programs 52

Cannabis Law Report

JULY 11, 2022

Any cultivation tax collected on cannabis that enters the commercial market on or after July 1, 2022, must be returned to the cultivator that initially paid the cultivation tax or, if unable to be returned to the cultivator, must be paid to CDTFA as excess tax. Cannabis Retail Access Grant Program. Labor Peace Agreements (LPAs).

Cultivation 52

Cultivation Law Collective Retail 52

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.

Packaging 52

Packaging Banking Collective Recreational 52

SpeedWeed

AUGUST 29, 2021

Initiative 25 is also referred to as the “Learning Enrichment and Academic Progress Program,” or LEAP , and is proposing a three percent increase in recreational cannabis taxes starting in 2022. If approved, it would further increase the tax to five percent by 2024. percent, it would be green-lit for ballot certification.

Education 53

Education Programs Recreational History 53

Cannabis Law Report

AUGUST 18, 2021

The Hall Act establishes the Alabama Medical Cannabis Commission, which will, among other things, implement a medical marijuana program in the state and provide an annual report to the state legislature about the implementation of the law. The retail sale of marijuana in Virginia, however, will not begin until January 1, 2024.

Legislation 105

Legislation Legalization Marijuana Recreational 105

The Blunt Truth

JANUARY 5, 2022

Retail sales will not begin until January 1, 2024. Regardless, all employers with drug and alcohol testing programs should consider a fresh review of their policies to decide whether they will continue to test for marijuana and, if so, the circumstances under which tests will occur and the consequences for failed drug tests.

Law 105

Law Marijuana Policy Recreational 105

Greenspoon Marder Cannabis Law Group Blog

APRIL 19, 2021

Ordinance Repealing the Cannabis Consumption Pilot Program. Ordinance Repealing the Cannabis Consumption Pilot Program. With the passage of House Bill 19-1230 allowing for state-licensed hospitality licenses, Denver needed to modify its marijuana consumption program to comply with the new state law.

Marijuana 76

Marijuana Consumption Retail Business 76

Cannabis Law Report

NOVEMBER 3, 2021

This collectively brings the Company’s total clinic count to 15 globally. Even though Germany will continue to dominate the European market for medical cannabis until at least 2024, industry consultants Prohibition Partners expect the UK medical cannabis market to show the most significant growth of any country in Europe by 2025.

Therapy 52

Therapy Access Patients Treatment 52

Cannabis Law Report

FEBRUARY 8, 2020

“You either bring your own cup, or you can borrow a travel mug for a $5 deposit, part of the Reego reusable cup program offered in select Toronto cafes. Dayna Stein closes with a powerful statement: “ Our business is truly about community building and taking collective action.”. billion cannabis industry. Read more on Forbes.

Packaging 63

Packaging Vaping Collective Events 63

Peninsula Alternative Health

JUNE 12, 2023

This agency will build upon the existing medical cannabis program regulations and ensure health, safety, and security within the industry. What impact does adult-use legalization have on the medical cannabis program? The new adult-use legislation does not directly affect the medical cannabis program in Maryland.

Legislation 52

Legislation Packaging Edibles Concentrates 52

Peninsula Alternative Health

JUNE 12, 2023

This agency will build upon the existing medical cannabis program regulations and ensure health, safety, and security within the industry. What impact does adult-use legalization have on the medical cannabis program? The new adult-use legislation does not directly affect the medical cannabis program in Maryland.

Legislation 52

Legislation Packaging Edibles Concentrates 52

LifeCannMD

JULY 8, 2021

economy by 2024. Though the league is not changing its marijuana policy, as part of a collective bargaining agreement, the NFL’s drug testing policy has also finally changed. Finding the right product for any pain management program can be overwhelming.

Cannabinoids 52

Cannabinoids CBD Chronic Pain Treatment 52

Medicinal Genomics

NOVEMBER 12, 2024

However, this may change with rescheduling that is going to be revisited on Dec 2, 2024. Ensuring accuracy and reproducibility in results Labs must demonstrate ongoing quality assurance/quality control (QAQC) program compliance through proper LQC’s as defined in the original validation report. states and four foreign countries.

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Compliance Compliance Data Agriculture 52

SpeedWeed

MARCH 15, 2021

Learn more on the state’s Medical Marijuana Program website. Medical marijuana: Mississippi voted to legalize medical marijuana in November, and the state’s program will hopefully come online this summer , even though state lawmakers are actively working to undermine it by retroactively passing an alternate bill. .

Seed-To-Sale 52

Seed-To-Sale Marijuana Retail Programs 52

The Blunt Truth

DECEMBER 29, 2023

Also, the NBA agreed to players investing in the cannabis industry as part of a new collective bargaining agreement. Watch for updates on this story in 2024. And that’s not all we’ll continue to watch in the new year: New York’s licensing program was such a disaster that we could have mentioned them pretty much every month.

DEA 52

DEA Retail Legalization Food 52

Cannabis Law Report

JANUARY 3, 2022

Retail sales will not begin until January 1, 2024. Regardless, all employers with drug and alcohol testing programs should consider a fresh review of their policies to decide whether they will continue to test for marijuana and, if so, the circumstances under which tests will occur and the consequences for failed drug tests.

Law 52

Law Marijuana Policy Recreational 52

Cannabis Law Report

AUGUST 4, 2021

from the second half of 2021 onwards as the Group fully repaid in May and June 2021 its 2022 and 2023 Eurobonds and successfully purchased a significant portion of its 2024 and 2026 Eurobonds which were bearing much higher interest rates. Second investment grade credit rating from Fitch Ratings after the one secured with Moody’s last year.

Business 81

Business Research and Development Environment Food 81

Canna Law Blog

SEPTEMBER 12, 2024

OLCC’s 2024-2028 Strategic Plan A draft of the 2024-2028 Strategic Plan was first circulated at a Commission meeting in June, and finalized and published sometime last month. License reassignment program Finally. And also this post from February, where I explained why this should be coming in 2024. See you soon.

Legislation 75

Legislation Cannabis Retail Programs 75

Canna Law Blog

SEPTEMBER 12, 2024

OLCC’s 2024-2028 Strategic Plan A draft of the 2024-2028 Strategic Plan was first circulated at a Commission meeting in June, and finalized and published sometime last month. License reassignment program Finally. And also this post from February, where I explained why this should be coming in 2024. See you soon.

Legislation 70

Legislation Cannabis Retail Programs 70

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. This type of program would barely open the door for industry expansion.

Marijuana 86

Marijuana Treatment Law Compliance 86

Canna Law Blog

MARCH 11, 2024

The LCB is also tasked with administering and collecting excise taxes concerning the retail sale of cannabis concentrates, useable cannabis, and cannabis-infused products within the state. Medical cannabis is already expensive and not covered by insurance or public health programs.

Chronic Pain 107

Chronic Pain Recreational Patients Medicine 107

Canna Law Blog

NOVEMBER 16, 2022

Interestingly, San Diego County has a somewhat bizarre cannabis ordinance in that only medical cannabis collectives, commercial cannabis microbusinesses, and commercial cannabis retailers can operate (and no new operating certificates have been allowed to issue after April 14, 2017). million people. million people. And, like L.A.

Retail 84

Retail Cultivation Business Programs 84

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 93

Concentrates Edibles Legislation Cannabis 93

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

Events 105

Events Retail Research and Development Business 105

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

Events 105

Events Retail Research and Development Conditions 105

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 delay means that voters will not be able to decide on any changes to the county’s self-reporting cannabis tax structure until November 2024 elections, at the earliest. News Channel 12 write.

Collective 52

Collective Cultivation Cannabis Business 52

SpeedWeed

JULY 19, 2021

Creighton of Richmond, Co-Founder, The Jackson Ward Collective Rasheeda N. Rasheeda is the co-founder of The Jackson Ward Collective and Founder and Chief Executive Officer of The 3Fifty Group. million in 2024 and $38.4 Rasheeda N. Creighton has been appointed to the Cannabis Control Authority Board of Directors. ” .

Legalization 52

Legalization Research and Development Safety Legislation 52