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 May: $44,317,385.72

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Illinois News Joint

JUNE 30, 2024

The retail store opened May 3, 2024, and serves recreational consumers. For a live recreational menu, visit here. The company creates game-changing genetics and offers a collection of over 70 proprietary cannabis cultivars and more than 2,000 products. Hours of operation are 9 a.m.-9 seven days a week.

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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

APRIL 20, 2021

Following closely on the heels of both New York and New Jersey enacting recreational cannabis laws, New Mexico and Virginia have enacted their own laws allowing adults to use cannabis for recreational purposes. Virginia Recreational Cannabis Law. Retail sales will not begin until January 1, 2024. Next Steps for Employers.

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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. But there are times when friends disagree, and I must do so regarding this question of legalizing recreational marijuana.

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Veriheal

FEBRUARY 23, 2023

Pew Research Center “found that 88% of US adults are on board with marijuana legalization for either recreational or medical use.” Flowhub says, “Nearly $3 billion in retail cannabis taxes were collected in 2022.” Cannabis legalization generates massive amounts of revenue. That $3 billion is only the tip of the iceberg.

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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. per ounce of fresh cannabis plant, and these taxes are paid on all recreational and medicinal cultivation of cannabis. Currently, the cultivation tax rates are $10.08

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Veriheal

SEPTEMBER 9, 2021

Collectively, the four aforementioned newly legal states are projected to earn $4.5 The growing number of states celebrating a victory for recreational cannabis indicates how governors and lawmakers are steering legalization in the right direction; as opposed to states merely relying on citizens to vote for legal cannabis. .

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Cannabis Law Report

DECEMBER 4, 2021

This year, five states—New York, New Jersey, Connecticut, Virginia and New Mexico legalized recreational pot, bringing to 18 the number of states enacting law to regulate and tax cannabis for adult use. 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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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. billion.

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The Blunt Truth

JANUARY 5, 2022

On June 22, 2021, Connecticut legalized recreational marijuana use by adults 21 years and older. In the case of a job applicant, an employer can rescind a job offer if an applicant tests positive for recreational marijuana so long as the employer makes the policy available to the applicant at the time of offer. Now is no different.

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Cannabis Law Report

JUNE 6, 2022

But with only 180 days to gather enough signatures to put it on the 2022 ballot, the group spearheading the Initiative announced they would instead seek to put the Initiative on the 2024 ballot. We’ll see ya at the polls in 2024. We’ll see ya at the polls in 2024. Decriminalizing Mushroom and Plant Psychedelics and HR.

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Cannabis Law Report

AUGUST 18, 2021

As we previously reported , on February 22, 2021, New Jersey Governor Phil Murphy signed three separate cannabis reform bills into law ( NJ A21 , NJ A 1897 , and NJ A5342/NJ S3454 ), formally legalizing the use and possession of recreational marijuana in the Garden State. Connecticut.

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Veriheal

APRIL 23, 2024

These surveys explore the motivations and methods behind cannabis usage for both medical purposes and recreational enjoyment. Veriheal consistently stays abreast of current trends by conducting routine surveys among our community of nearly 2 million users.

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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

JULY 8, 2021

One of the major concerns raised in this commentary is that both medicinal use of tried cigarettes and recreational marijuana of cannabis are being promoted in a way that avoids the FDA’s normal testing and regulatory processes, which are otherwise needed for all drugs advertised for human use in the United States. billion by 2024.

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Medicinal Genomics

NOVEMBER 12, 2024

As a result, labs that have received a state license to test either medical or recreational cannabis have historically been denied a DEA Schedule I license to test hemp under the 2018 Farm Bill. However, this may change with rescheduling that is going to be revisited on Dec 2, 2024. states and four foreign countries.

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SpeedWeed

AUGUST 29, 2021

Enough signatures were submitted by Colorado advocates to get Initiative 25 onto the ballot this November, which, if passed, would increase recreational cannabis tax percentages and fund “out-of-school learning opportunities” for children and youth. If approved, it would further increase the tax to five percent by 2024.

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Cannabis Law Report

JULY 19, 2021

On July 1, recreational marijuana became legal for adult use in Virginia. Creighton of Richmond, Co-Founder, The Jackson Ward Collective. million in 2024 and $38.4 WTKR reports. Governor Ralph Northam announced appointments to the three newly-created boards that oversee marijuana legalization in Virginia.

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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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Cannabis Law Report

JANUARY 3, 2022

On June 22, 2021, Connecticut legalized recreational marijuana use by adults 21 years and older. In the case of a job applicant, an employer can rescind a job offer if an applicant tests positive for recreational marijuana so long as the employer makes the policy available to the applicant at the time of offer. Now is no different.

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Peninsula Alternative Health

JUNE 12, 2023

With the recent passage of House Bill 556 and Senate Bill 516 in Maryland, the legalization of adult-use recreational cannabis is set to begin on July 1, 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.

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Peninsula Alternative Health

JUNE 12, 2023

With the recent passage of House Bill 556 and Senate Bill 516 in Maryland, the legalization of adult-use recreational cannabis is set to begin on July 1, 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.

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Greenspoon Marder Cannabis Law Group Blog

APRIL 19, 2021

Of course, no one could have predicted a deadly pandemic bringing the world to a halt, but now, on the eve of 4/20/2021, the City and County of Denver is poised to sign three ordinances into law to finally allow for medical and recreational marijuana delivery and authorize marijuana hospitality licenses, among other changes.

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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 Germany, legal recreational cannabis sales are slated to launch by the end of 2024. at the end of 2020. billion) by 2027. billion) by 2027.

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Canna Law Blog

MARCH 11, 2024

In November 2012, Washington voters approved the production, processing, and retail sales of recreational cannabis within Washington state under what is known as Initiative 502 (“I-502”). Taxing medical cannabis patients the same as recreational consumers is a form of discrimination that harms their health and well-being.

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SpeedWeed

MARCH 15, 2021

Adult use retail: New Jersey’s recreational program is expected to come online later this year. Adult use retail: The validity of recreational legalization bill Amendment A, which South Dakota voters passed in November, is currently being debated in the South Dakota courts. 2% on sales made between July 1, 2021, and June 30, 2022.

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Connor & Connor PLLC

AUGUST 15, 2024

According to the Pew Research Center (2024), 88% of Americans believe cannabis should be legal for either medical or recreational use. On May 21, 2024, the DEA opened a 62-day public comment period, which concluded on July 22, 2024. Most Americans Favor Legalizing Marijuana for Medical, Recreational Use.

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Veriheal

SEPTEMBER 21, 2021

Yahoo Finance has compiled a list of the most valuable cannabis companies in the world and has explained that the recreational market is “outpacing” the medicinal one as the “world public opinion towards the consumption of weed is changing.” include Beboe, Dogwalkers, Dr. Solomon’s, Incredibles, Rhythm, and The Feel Collection.

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SpeedWeed

JULY 19, 2021

RICHMOND, Virginia, July 19, 2021 – PRESS RELEASE— Governor Ralph Northam announced appointments to the three newly-created boards responsible for overseeing the legalization of recreational cannabis in the Commonwealth. Creighton of Richmond, Co-Founder, The Jackson Ward Collective Rasheeda N. million in 2024 and $38.4

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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

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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

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SpeedWeed

JULY 19, 2021

RICHMOND, Virginia, July 19, 2021 – PRESS RELEASE— Governor Ralph Northam announced appointments to the three newly-created boards responsible for overseeing the legalization of recreational cannabis in the Commonwealth. Creighton of Richmond, Co-Founder, The Jackson Ward Collective Rasheeda N. million in 2024 and $38.4

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Kind Meds (Cannabis Education Blog)

FEBRUARY 7, 2022

Our ancestors consumed cannabis flower for recreational, medicinal, and spiritual purposes. This scheduling is clearly at odds with public opinion, as 91% of Americans believe that cannabis should be legal either for medicinal or recreational use. US House of Representatives Passes the MORE Act.

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Cannabis Law Report

AUGUST 30, 2019

The measure has the backing of several national dispensary chains, including MedMen, Harvest Health and Recreation and Curaleaf Holdings. 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.

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The Blunt Truth

JULY 16, 2020

The recommendation is for federal decriminalization of recreational use, federal legalization of medical use and expungement of all past convictions for use and possession. The pandemic forced them to stop collecting signatures. Retail sales of cannabis in 2019 (both recreational and medical) surpassed the revenue of the NBA.

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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. At least 12 state legislatures have recreational legalization measures on the table right now, which is a typical number for this time of year.

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