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Bloomberg Article: Cannabis Practices Sprout as Big Law Firms Follow the Money

Cannabis Law Report

Cannabis companies need advice on intellectual property, employment, taxes, license and regulatory compliance, lending and financial transactions, mergers and acquisitions, and a host of other specialty practice areas. billion by 2025, cannabis market research company New Frontier Data said. Medical cannabis sales in the U.S.

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Tremor Video and Fyllo Partnership Allows Advertisers to Connect with Cannabis and CBD Consumers Across All Video Screens

Cannabis Law Report

Tremor Video , a leading programmatic video and CTV platform, and Fyllo , the leader in compliance-first SaaS solutions for highly regulated industries, today announced a partnership enabling advertisers to target cannabis and CBD consumers across all video screens including programmatic video and Connected TV (CTV).

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Illinois Senate creates cannabis omnibus

Illinois News Joint

BLS Region” means a region in Illinois used by the United States Bureau of Labor Statistics to gather and categorize certain employment and wage data. For Illinois to continue curbside pickup, the following paragraph was added: “Curbside pickup. Illinois has 17 such regions.

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Dama Financial to Acquire GrowFlow

Cannabis Law Report

20, 2022 /PRNewswire/ — Dama Financial (“Dama”), the nation’s largest provider of access to banking and payment solutions for the cannabis industry, has entered into an agreement to acquire GrowFlow Corp. (“GrowFlow”), whose business management and compliance tools have processed more than $3.3

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Hemp Crop Destruction and Legalization Analyzed in Recent Report

SpeedWeed

A new report from New Frontier Data delves into the average number of plants that are considered to be “hot” and what the industry could look like in the near future. New Frontier Data released new data on August 5 regarding crops and how many plants have gone “hot,” or exceeded the required limit of less than 0.3 Shutterstock.

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Gov. Newsom’s Budget Trailer Bill Makes Significant Reforms to California Cannabis Laws, Including Elimination of the Cannabis Cultivation Tax

Cannabis Law Report

Beginning July 1, 2025, the CDTFA must adjust the excise tax rate every two years to a rate that would generate an amount of revenue equivalent to what would have been collected from the cultivation tax (such rate not to exceed 19%). Delivery Data Required to be Reported in Metrc. Read the CDTFA announcement.

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UK: New trade association launching today to lead CBD industry regulation

Cannabis Law Report

Signatories will commit to a framework of legal compliance and quality controls, primarily based on a recent decision by the European Commission to classify all extracts of hemp and derived products containing cannabinoids (including CBD) as Novel Foods. The ACI is an initiative led by the Centre for Medicinal Cannabis.

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