Cannabis Law Report

JANUARY 23, 2020

. “After taking the first steps towards the liberalization of hemp cultivation over the course of the last few years, at the end of 2018 Thailand’s government decided to legalize medical cannabis as the first Southeast Asian country. Healthcare expenditure estimated by 2024. Estimated Prevalence of cannabis users by 2024.

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Research and Development Oil Cultivation DEA 59

Cannabis Law Report

JUNE 1, 2021

Venom Extracts (“ Venom “) product suite is a category leader in Arizona , accounting for up to 30 percent of category sales state-wide. Venom Extracts operates a 11K sq. Venom Extracts operates a 11K sq. Arizona is one of the largest medical marijuana markets in the world with over $1B in 2020 sales.

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Hash Extraction Tincture Dispensary 96

Medical Marijuana Program Connection

MAY 8, 2024

CWBHF CWEB announced its first quarter financial results Wednesday for 2024. The Colorado-based hemp extract wellness producer faced a challenging quarter, reporting a 29% decline in revenue to $12.1 Q1 2024 Financial Highlights Revenue was $12.1. Charlotte’s Web Holdings, Inc. Read More

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Extraction Hemp CBD Cannabis 40

The Blunt Truth

APRIL 20, 2021

The term does not include industrial hemp, as defined in state law, that is grown, dealt, or processed in compliance with state or federal law, unless it has been acquired and formulated with cannabis plant extract by a pharmaceutical processor. Retail sales will not begin until January 1, 2024.

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Recreational Legalization Oil Extraction 77

Cannabis Law Report

SEPTEMBER 28, 2019

It also liberalizes 99%-pure CBD oil made from hemp (scientific name: Cannabis sativa L. What it means in a layman’s term is that 99%-pure CBD oil made from cannabis or hemp with a mix of very little psychoactive THC is no longer a narcotic under the Narcotics Act of 1979. Regulation Does Not Ban Pure CBD Oil Extracted from Hemp.

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Oil Media Law Extraction 58

Cannabis Law Report

JANUARY 4, 2022

Gold Leaf is one of only 22 licensed centers and one of only 16 active operators in Florida, and the organization is planning to open 20 dispensaries in the state by 2024. Agrify is the most innovative and vertically integrated provider of premium cultivation and extraction solutions for the cannabis and hemp industry.

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Extraction Cultivation Programs Data 52

The Joint Blog

DECEMBER 19, 2023

As the year 2024 approaches, cannabis businesses must not only adapt to a new business landscape but also triumph over their competition. In 2024, sustainable packaging is not just a buzzword; it’s a business imperative. Consider adopting packaging materials derived from recycled paper, hemp, or compostable plastics.

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Packaging Business Compliance Compliance 26

Cannabis Law Report

FEBRUARY 21, 2022

Last week, the New York Senate and Assembly approved Senate Bill S8084A , a bill to provide provisional marijuana cultivator and processor licenses for existing hemp businesses. Championed by Senator Michelle Hinchey, the bill has been delivered to Governor Hochul and is awaiting signature.

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Conditions Cultivation Programs Agriculture 52

Cannabis Law Report

MARCH 6, 2020

At the present rate of growth, it is expected to be valued at $2.4billion by 2024! For the record, to be legally sold, CBD must be made from a strain of cannabis called industrial hemp, it must contain no more than 0.3% First, let’s look at just how quickly this market is growing.

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Programs CBD Oil Pets 59

Cannabis Law Report

AUGUST 24, 2021

Processing foothold in the European Union for select Flora technologies, such as the patented hemp cigarette manufacturing line that is expected be acquired through the proposed Koch and Gsell acquisition. Hoshi’s management team has extensive entrepreneurial and leadership experience in the global cannabis market. billion by 2028.

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Events Cultivation Access Business 81

Cannabis Law Report

OCTOBER 6, 2019

Valens GroWorks ( OTC:VGWCF ) intends to be a big-time player in the extraction-services industry. What makes the extraction-services industry so intriguing is the fact that Canada is set to launch derivative products by mid-December. Did I mention that extraction-service providers are important?

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Extraction Vaping Wellness and Beauty Concentrates 40

SpeedWeed

JULY 29, 2021

The new decree also allows manufacturers to produce goods such as oils, extracts, textiles or food containing “non-psychoactive cannabis”—so long as they are limited to biomass containing less than 1% of THC. Duque’s office estimates that the global market for medicinal and industrial cannabis may be worth US$62 billion by 2024.

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Seed-To-Sale Medicine Food Cannabis 52

SpeedWeed

JULY 28, 2021

The new decree also allows manufacturers to produce goods such as oils, extracts, textiles or food containing “non-psychoactive cannabis”—so long as they are limited to biomass containing less than 1% of THC. Duque’s office estimates that the global market for medicinal and industrial cannabis may be worth US$62 billion by 2024.

Seed-To-Sale 52

Seed-To-Sale Medicine Food Extraction 52

SpeedWeed

JULY 28, 2021

The new decree also allows manufacturers to produce goods such as oils, extracts, textiles or food containing “non-psychoactive cannabis”—so long as they are limited to biomass containing less than 1% of THC. Duque’s office estimates that the global market for medicinal and industrial cannabis may be worth US$62 billion by 2024.

Retail 52

Retail Seed-To-Sale Medicine Food 52

Otherside Farms

MAY 20, 2020

Sales are expected to exceed $20 billion by 2024 and knowing the market inside and out can give you and your company a competitive advantage. To begin with, there are several types of CBD extract and different methods of extraction. Each has its own properties and some extracts are better suited for certain products than others.

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CBD Packaging Banking Research and Development 52

Kind Meds (Cannabis Education Blog)

APRIL 9, 2024

Since 2013, the cannabis creators at Halo Infusions & Extractions have taken pride in developing high-quality edibles and other delightful cannabis-infused treats for their expanding client base. These products are designed to help anxiety-afflicted dogs through the use of CBD oil and full spectrum hemp oil. 2023, February 16).

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Edibles Tincture Pets Therapy 52

SpeedWeed

JULY 29, 2021

The new decree also allows manufacturers to produce goods such as oils, extracts, textiles or food containing “non-psychoactive cannabis”—so long as they are limited to biomass containing less than 1% of THC. Duque’s office estimates that the global market for medicinal and industrial cannabis may be worth US$62 billion by 2024.

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Media Business Law Seed-To-Sale 40

The Joint Blog

DECEMBER 2, 2021

Hemp is Legalized Across 50 States in 2018. Following the approval of the 2018 Farm Bill, hemp and its extracts were legalized for production and sale. Yet, each state can determine the licensure and regulation of hemp products. As a result, it is now legal to sell CBD oil and other minimal THC content products.

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History CBD Decriminalization Pharmaceutical 26

Cannabis Law Report

NOVEMBER 29, 2021

House Bill 2 : This legislation permits those ages 21 and older to legally purchase up to two ounces of marijuana and/or up to 16 grams of cannabis extracts from licensed retailers. The retail provisions are set to take effect on January 1, 2024, but this deadline could be expedited by lawmakers. New Mexico. DECRIMINALIZATION.

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Legislation Patients Retail Access 98

Cannabis Law Report

FEBRUARY 14, 2020

US$345 million of senior unsecured convertible debentures due February 2024. Other cannabis segment revenues (accessories, hemp, other). Canada cannabis extracts (1). International cannabis extracts (1). Cannabis extracts (1). Cannabis extracts (1). Q1 2020 (4). Financial Results.

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Extraction Conditions Events Business 45

Cannabis Law Report

SEPTEMBER 20, 2021

Meanwhile, AgLAB continued its development of the AgLAB-1000™ series of instruments and recently hired hemp and cannabis industry veteran and mass spectrometry expert, Joe Levinthal, as its Chief Science Officer. million in savings over the life of our new lease, which terminates in 2024. About Astrotech.

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Research and Development Hemp Data Oil 40

Cannabis Law Report

JUNE 30, 2019

Nebraska farmers looking to grow hemp this season have until 5 p.m. Hemp / CBD. In Nebraska , growers looking at the possibility of growing hemp this season can apply for a license with the Nebraska Department of Agriculture. billion in 2024, nearly triple the US$14.9 Those interested need to move quickly.

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Chronic Pain Legislation Treatment Programs 40

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.

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Business Research and Development Environment Food 81

Canna Law Blog

DECEMBER 19, 2024

Sales and market data According to OLCC data , retail sales between January 1, 2024 and November 30, 2024 clocked in at $881 million. The median price per gram in the extract/concentrate category was $15.83/gram The trend continued in 2024 (usable marijuana sales dropped another 2.5% Prices are also relatively static.

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Research and Development Banking Retail Hemp 98

Canna Law Blog

NOVEMBER 21, 2024

They’re calling it the Rural Prosperity and Food Security Act of 2024 (the “Senate bill”). The Senate bill follows on the House’s proposal, called the Farm, Food and National Security Act of 2024 (the “House bill”), offered in May. That could happen in 2024, but seems more likely in 2025 when the new Congress convenes.

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Hemp Seed-To-Sale DEA Sativa 102

Canna Law Blog

FEBRUARY 12, 2024

On February 7, 2024, California Assembly Member Aguilar-Curry introduced AB 2223. The bill, if passed, would significantly change the state’s cannabis and hemp industries – for better or worse. Today, we’ll take a look at how AB 2223 could change both the cannabis industry and hemp industry in the Golden State.

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Hemp Cannabinoids THC Extraction 119

Canna Law Blog

OCTOBER 29, 2020

The hemp industry is not the only one that’s pushing back against the Drug Enforcement Administration (DEA)’s hemp Interim Final Rule (the “ Rule ”). If you read this blog, you’ll recall the hemp industry sued the DEA following the release of its Rule in August 2020. billion by 2024, increasing from $1.2

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DEA Hemp Extraction Cannabinoids 105

Canna Law Blog

FEBRUARY 20, 2022

Why New York wants to let hemp licensees cultivate and process cannabis. New York hemp licensees can cultivate, process, and distribute with the cultivator license. This conditional license would permit licensees to temporarily manufacture or process cannabis products until June 30, 2024. Conditional adult-use processor license.

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Hemp Conditions Cultivation Cannabis 98

Canna Law Blog

JANUARY 14, 2025

The current list includes four substances: low-THC cannabis extracts and tinctures (1% THC), kratom, and kratom extract. Czechia previously sought to ban HHC products in 2024. While cannabis is listed under the 1961 Single Convention, “industrial hemp” is excluded.

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Law Seed-To-Sale Tincture Extraction 126

Canna Law Blog

OCTOBER 29, 2020

The hemp industry is not the only one that’s pushing back against the Drug Enforcement Administration (DEA)’s hemp Interim Final Rule (the “ Rule ”). If you read this blog, you’ll recall the hemp industry sued the DEA following the release of its Rule in August 2020. billion by 2024, increasing from $1.2

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DEA Hemp Extraction Cannabinoids 76

Canna Law Blog

DECEMBER 21, 2023

The concentrates/extracts category sits at 24.7%; edibles/tinctures are 13.7%; inhalable products with “non-cannabis additives” are 7%; “other” is 5.2%; and industrial hemp products bring up the rear at 0.7%. The first big task for CIAO should arise in the 2024 legislative session. Now, it’s all CIAO. THC to 1.0%

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Hemp Retail Compliance Compliance 110

Canna Law Blog

JANUARY 23, 2025

Ability to source marijuana genetic material from outside Colorado Senate Bill 23-271 , which went into effect in early 2024, aims to enhance Colorados marijuana industry. Marijuana genetics: are they hemp or marijuana? In short, under federal law, marijuana genetics appear to be hemp. percent on a dry weight basis.

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Seed-To-Sale DEA Marijuana Sativa 105

Cannabis Law Report

AUGUST 30, 2019

This week: The National Credit Union Administration affirms that credit unions may provide financial services to hemp businesses. The US Department of Agriculture (USDA) has released new data indicating a substantial increase in the growth of US hemp production. percent on a dry weight basis.

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Banking Research and Development Legislation Programs 45