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Illinois is set to switch its cannabis seed-to-sale tracking system after delivering a Notice of Intent to award a contract to a new vendor. With the new contract, Metrc is poised to take over Illinois’ seed-to-sale tracking for licensed operators. Illinois uses BioTrack as its current track-and-trace vendor.
Fortune Sing Up Akerna CEO On Same Day It’s Revealed How Much Washington Taxpayers Have Spent On Leaky Seed To Sale Tech. Washington state is scrapping its contract with a third-party, marijuana seed-to-sale traceability provider in favor of a more simplified system developed in-house, a first for any state cannabis program.
New Jersey lawmakers have come to an agreement with Governor Murphy regarding retail marijuana tax rates, settling on charging sales tax by weight as opposed to a specific percentage. Senate Bill 1003 / House Bill 2273 to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations.
Welcome to the latest edition of NORML’s Weekly Legislative Roundup! As the first full week of the 116th Congress comes to a close, we have another new federal bill introduced by Rep. Earl Blumenauer (D-OR). Also, the rollout of the new leadership team of the Congressional Cannabis Caucus was announced. Your Highness, Carly. Priority Alerts.
Welcome to the latest edition of NORML’s Weekly Legislative Roundup! At the state level, North Dakota state Rep. Roers Jones, who sponsored the recently defeated decriminalization bill, is trying to get her language inserted as a part of separate legislation. Your Highness, Carly. Actions to Take.
North Dakota’s first medical cannabis dispensary opened its doors last week in Fargo; and registered out-of-state medical cannabis patients will now be able to access their medicine while visiting Hawaii. Welcome to the latest edition of NORML’s Weekly Legislative Roundup! Your Highness, Carly. Actions to Take. AL resident?
Cannabis businesses in the state of Oklahoma have 90 days to become compliant with the state’s seed-to-sale (S2S) tracking system. Since the filing of this lawsuit last year, businesses have not been required to comply with any type of seed to sale tracking. Cannabis and Oklahoma: A Brief History.
Under the supervision of the Executive Director of the Georgia Access to Medical Cannabis Commission. This position will serve as a lead regulatory compliance manager for applications, complaints, and enforcement for all Commission matters. Monitor and evaluate performance of the program area and subordinate staff.
Amendment 2, which became effective on December 6, 2018, legalizes marijuana for medical purposes, allows home growing, and imposes a 4% marijuana sales tax. First, Missouri implemented a seed-to-sale system which added many unnecessary layers between growing the plant and selling product to patients. million votes.
Senate Bill 149 , a nonpartisan bill introduced on March 7, proposes new reporting requirements for such marijuana business violations as sales to underage minors, contaminated product recalls and black market activity. Westword reports. BILL SUMMARY. Improve Marijuana Industry Regulation. 2022 Regular Session.
Most states’ regulated cannabis regimes require licensed cannabis companies to use seed-to-sale track-and-trace software. Our California cannabis attorneys frequently assist clients with track-and-trace compliance and preparation. While loss of access to the entire METRC system could happen, it’s probably not very likely.
It has been a few years since the wheels began turning on the legalization and sale of medical marijuana in the state of Missouri. Even though laws were put into place that legalized MMJ and made it possible for qualifying patients to access the medication, dispensaries and sales had not yet come into play.
Under the supervision of the Executive Director of the Georgia Access to Medical Cannabis Commission. This position will serve as a lead regulatory compliance manager for applications, complaints, and enforcement for all Commission matters. Monitor and evaluate performance of the program area and subordinate staff.
Without compliance boxes checked, the operation will not be able to launch. Non-compliant businesses face the risk of being shut down and attract negative attention to the cannabis industry. Hiring and partnering with the right people will enable you to reach your goals. One commonality among all states is cost.
Akerna (Nasdaq: KERN ), an enterprise software, leading compliance technology provider, and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®) today announced the release of its second annual mid-year review. You can access the report here.
METRC operates a seed-to-sale tracking software and accurate compliance and reporting in the software is mandatory by all licensees. METRC operates a seed-to-sale tracking software and accurate compliance and reporting in the software is mandatory by all licensees.
On eve of Commission’s fourth birthday, Marijuana Establishments surpass $2 billion in gross sales since retail stores opened in Massachusetts; progress continues to achieve industry goals. Over the first year of adult-use sales , from November 2018 to November 2019, 33 Marijuana Retailers generated $393.7
Until very recently, it did not look like the state was taking serious action to do any of the things that I or others have suggested to combat the illicit market (in fact, the state recently announced tax hikes for cannabis which will just raise the price of legal cannabis and drive sales towards the illicit market).
Washington processors are allowed to add Hemp-CBD to marijuana products so consumers, over the age of twenty-one, can still access Hemp-CBD by going to marijuana retailers. According to the WSDA, Hemp-CBD is not approved as a food ingredient. Note that the WSDA’s memo does not apply to Washington’s regulated marijuana market.
Richards focuses his practice on representing individuals and businesses in tax audits & trials, M&A, in managing tax debt, and he advises cannabis companies, owners and investors regarding tax and regulatory compliance matters. Nick Richards has been an integral part of the growth and success of our cannabis practice.
This burgeoning industry encompasses a wide range of activities, including cultivation, processing, distribution, and retail sales of medical cannabis products. The establishment of cultivation, processing, and dispensary facilities creates a diverse array of employment opportunities, spanning from agricultural roles to retail positions.
These regulations were enacted for the purpose of regulating the production, procurement, distribution, possession, sale, provision and transportation of industrial hemp. The writer is a lawyer and a passionate farmer who has been following closely discussions around the developments in our agricultural sector. on a dry weight basis.
Add in all the licensing fees and compliance costs that cannabis retailers pay, and you can see why the cost gets passed on to the consumer. Your dealer might not quite be your friend, but it’s still an important relationship and one that can truly come through in times of need. Cannabis customers deserve better.
Cannabis consultants play a pivotal role in helping to set up and maintain vital aspects of operations from seed to sale. There are laws and compliance regulations that are constantly changing that you must stay informed and compliant with. There’s more to owning a cannabis business than just growing or selling the plant.
Akerna to acquire 365 Cannabis, built on Microsoft’s Dynamics 365 Business Central, and become the most comprehensive cannabis ERP system offering a complete portfolio of tax, financials, reporting and compliance systems. The press release. DENVER , Sept. LTM revenue. DENVER , Sept. LTM revenue.
As president, he rapidly scaled UNFI from a regional company with $700 million in sales to a national company with $5 billion+ in the books. During my ten years there, we rapidly scaled from a multi-regional company with $700+ million in sales, to a national powerhouse doing over $5 billion in sales. Full Name: Mike Beaudry.
Under the supervision of the Executive Director of the Georgia Access to Medical Cannabis Commission. This position will serve as a lead regulatory compliance manager for applications, complaints, and enforcement for all Commission matters. Monitor and evaluate performance of the program area and subordinate staff.
Under the supervision of the Executive Director of the Georgia Access to Medical Cannabis Commission. This position will serve as a lead regulatory compliance manager for applications, complaints, and enforcement for all Commission matters. . : Regulatory. Advertised Salary : 47,000.00. Description.
The government recognizes and respects these cultural practices while enforcing regulations to ensure compliance with legal boundaries. In 2017, the government implemented regulations allowing the cultivation, production, and sale of cannabis for medical purposes. Is weed legal in Peru? Recreational cannabis is decriminalized in Peru.
Offer cannabis operators a seamless solution from startup to multi-state operator while maintaining regulatory compliance every step of the way through Akerna’s compliance gateway. An updated investor deck on the transaction is available at: ir.akerna.com.
Seamless data tracking helps operators optimize inventory control, accurately report sales data, and improve cultivation management. The bill also created the Alabama Medical Cannabis Commission to regulate medical cannabis from the cultivation of the plants, to processing and testing the products, to final sales to patients in dispensaries.
Smoking and vaping is prohibited in any commercial establishment with public access as well as any place where smoking tobacco is prohibited or places where a large number of people may attend such as shopping malls, parks, stadiums and sports centers. Following is a preliminary overview of what we consider the main provisions: A.
While legal cannabis is safer and better than unregulated street product, the state’s issues with accessibility and pricing are a turn-off for many consumers. California’s recreational marijuana system is in trouble. We want to end the black market, but it consumers do not play ball, then nothing will change. Get#WeedWise Campaign. .
From the moment a cannabis seed is planted to the point it reaches the hands of a patient, a complex and highly regulated process unfolds. Cultivators play a crucial role in nurturing the plant from seed to maturity. Medical marijuana in the United States has undergone a significant transformation.
The government has established a regulated market for the production, sale, and consumption of cannabis. Enforcement of cannabis laws in Uruguay focuses primarily on ensuring compliance with regulations and preventing diversion to the illicit market. The plant has been used for traditional and medicinal purposes for centuries.
There’s universal agreement about the problems: high costs of entry and lack of access to capital create a near-impossible barrier for many talented entrepreneurs. And all 14 committee members who registered an opinion on a bill (S 73) relative to the expungement of convictions for marijuana possession voted to advance it favorably.
For businesses, a few new rules apply as well, including: Certificate of compliance requirement – When applying for a business, certificates of compliance must be included for zoning in their jurisdictions as well as compliance of waste, building, and fire code. The Changes to Medical Marijuana in Oklahoma in 2019 and 2020.
In addition to providing seed-to-sale tracking, technology can help you find and vet supply chain partners. Be the first to know when new content like this is available! Subscribe to our newsletter to get alerts about new posts, local news, and industry insights. Your submission has been received! Use Technology.
Steph Sherer, Founder and President, Americans for Safe Access. 3:15-4:15 PM: Preventing Youth Access, Promoting Consumer Safety, & Protecting Public Health in State Markets. 11:15-12:00 PM: Regulatory Service Providers: Seed to sale and track and trace systems – Lessons learned and pathways forward. Hemp Roundtable.
Information on eligible counties is accessible through the USDA Risk Management Agency’s Actuarial Information Browser. Among other requirements, to be eligible for the pilot program, a hemp producer must have at least one year of history producing the crop and have a contract for the sale of the insured hemp.
I would say the one major difference there is that while access to capital is an issue in the hemp industry, it is an extraordinary issue when it comes to the cannabis industry and to federal prohibition on lending to cannabis businesses. . Patrick Williams: What are you currently most excited about that’s going on at MCBA?
I would say the one major difference there is that while access to capital is an issue in the hemp industry, it is an extraordinary issue when it comes to the cannabis industry and to federal prohibition on lending to cannabis businesses. . Patrick Williams: What are you currently most excited about that’s going on at MCBA?
adults who use Twitter access it at least once per day, making it an active platform to showcase your brand. It’s highly effective to boost brand awareness, loyalty, and even sales. Twitter is still an important channel for cannabis businesses and cannabis-related businesses to indirectly market their products and services.
” She further directly advises that cannabis, or marijuana, is a medicine that an overwhelming majority of Floridians voted for and are constitutionally guaranteed access to as a therapeutic medicine. .” CLR is pleased to announce we have a new correspondent reporting regularly from the front lines in Florida.
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