Illinois News Joint

JULY 11, 2024

Over the study period, 59% of dispensary licenses were issued to minority- or women-owned businesses (compared to 21% for the medical cannabis market). Black loan applicants face higher bank loan denial rates. For all licenses issued by the State, that number jumps to 60%.

Data 105

Data Policy Banking Business 105

Cannabis Law Report

JANUARY 10, 2020

xxi Employees with support occupational licenses typically represent entry-level staff marijuana positions, most commonly budtenders within dispensaries, while key occupational licenses are required for individuals who work in operational or managerial positions. Tax Collections in the Marijuana Industry. percent state sales tax.

Banking 59

Banking Marijuana Collective Recreational 59

The Blunt Truth

DECEMBER 19, 2019

The big news on Capitol Hill this week was the Senate’s lack of action on the banking bill. Senator Mike Crapo (R-Idaho), the chairman of the Senate banking committee, opposes legalization and seemed disinclined to move on the issue. And a Kentucky legislator is proposing that state legalize as well.

Banking 61

Banking Agriculture Collective Legislation 61

Veriheal

OCTOBER 12, 2020

The industry is saturated with regulations and restrictions, many of which lead to significant security risks such as having large sums of cash on site of dispensaries due to the lack of banking access within the industry. However, this isn’t the route they have taken to victimize dispensary employees and owners in most cases.

Dispensary 98

Dispensary Safety Banking Business 98

SpeedWeed

AUGUST 27, 2021

Additionally, the company has launched a series of upcoming brands and products in the State of Ohio, beginning with the debut of its brand, Sèche , the company’s fine flower line, which is currently available for purchase at partner dispensaries across the Buckeye State.

Programs 52

Programs Banking Research and Development Patients 52

SpeedWeed

AUGUST 26, 2021

Additionally, the company has launched a series of upcoming brands and products in the State of Ohio, beginning with the debut of its brand, Sèche , the company’s fine flower line, which is currently available for purchase at partner dispensaries across the Buckeye State.

Legislation 52

Legislation Banking Research and Development Patients 52

The Blunt Truth

APRIL 23, 2020

marijuana banking. Ed Perlmutter (D-CO) is optimistic that cannabis banking could make its way into one of the next two relief packages. Because it’s hard to get money from the federal government if you have no bank account to receive it. See text of bill here. STATE ISSUES. Further bulletins as events warrant.

Banking 101

Banking Packaging Programs Legislation 101

The Herb Collective

JUNE 4, 2019

Dispensaries nationwide vie for dominance. The race to modernize, accessorize and personalize offerings, chronicles extraordinary accounts of dispensaries enhancing cannabis consumer journey. This Scottsdale-based dispensary is the premier cannabis destination for premium quality grades in Arizona.

Dispensary 40

Dispensary CBD Cannabis Access 40

Cannabis Law Report

DECEMBER 8, 2021

Hardware stores and dispensaries alike, business operators who work out of commercial properties have been ensnared in a recent theft trend. cannabis industry is of course locked out of American banking. Broadly known as cash-only operations, the nation’s dispensaries have been targets since legalization’s dawn.

Dispensary 98

Dispensary Supply Chain Business Cannabis 98

Cannabis Law Report

JUNE 20, 2019

Additionally, on June 18, 2019, the Governor signed into law an emergency bill increasing the amount of marijuana and marijuana products that a caregiver may wholesale to other caregivers and dispensaries from 30% of annual yield to 75% of annual yield. In fiscal year 2023, Maine is banking on $33.2

Law 73

Law Banking Collective Retail 73

Otherside Farms

AUGUST 4, 2020

Now is the perfect time to open up a dispensary! Here are five things you must have before opening a medical marijuana dispensary. Sure, medical marijuana dispensaries aren’t viewed as a traditional business. You do not have to open your own cannabis dispensary to get into the market. A Business Plan.

Business 52

Business Banking Dispensary Research and Development 52

Cannabis Law Report

NOVEMBER 15, 2021

Vice-President Michele Nakata, Supervisor of the Medical Cannabis Dispensary Licensing Program at the Hawaii Department of Health. As we collectively analyze and respond to emerging issues in the cannabis industry, we will continue to be the preeminent voice in cannabis regulatory policy.”. Banking, Finance, and Taxation.

Compliance 98

Compliance Compliance Programs Topical 98

SpeedWeed

AUGUST 16, 2021

House, who was aligned with partners who were not Jones and White, collectively directed a majority interest of the LLC membership units (akin to shares in a corporation) in Genetixs. The post Judge Allows Out-of-State Businesses to Operate Medical Cannabis Dispensaries in Maine appeared first on SpeedWeed. View original article.

Business 52

Business Dispensary Cultivation Cannabis 52

Cannabis Law Report

JANUARY 17, 2020

In Solano County, Smith provided research and organized tours for the Board of Supervisors as they considered whether to allow dispensaries and other cannabis businesses to open. The Sacramento Bee reported last year that a man indicted in October with Rudy Giuliani’s associates in a campaign-finance scheme co-owns a Sacramento dispensary.

Dispensary 59

Dispensary Business Banking Cannabis 59

Cannabis Law Report

JUNE 17, 2021

Le Mirage comes in 25mg THC Only Sour collection in sour green apple, sour cherry and sour peach and their premium 25mg THC & 25mg CBD Full Spectrum Line in Peppermint. . Premium Flower: Jushi Holdings Inc’s The Bank. Perfect for the dad on the go. For the Socially-Conscious Dad . Goddess Bliss Beans by CBD Goddess. Ounce Pouch.

Sleep 102

Sleep Strains Banking Wellness and Beauty 102

Cannabis Law Report

APRIL 4, 2019

The glacial pace of regulators charged with approving dispensaries to sell cannabis, as well as scattered locations for those dispensaries, have left the commonwealth receiving a fraction of hoped-for tax revenues — a really small fraction. Related: Cannabis Banking Bill Wins Approval in Crucial House Committee.

Marijuana 40

Marijuana Dispensary Banking Media 40

Cannabis Law Report

APRIL 24, 2019

The STATES Act passes in Congress, the President signs it and it becomes law which means that in the states where cannabis is legal : Banking system becomes available to cannabis businesses. Will the IRS be given a new mandate to oversee and collect a new “Federal Cannabis Excise” tax?

Legalization 58

Legalization Collective DEA Banking 58

NORML

MARCH 8, 2019

This week, a bipartisan coalition of more than 100 co-sponsors has reintroduced legislation in Congress, The Secure and Fair Enforcement Banking Act (SAFE Banking Act), HR 1595, to allow state-licensed marijuana-related businesses to engage freely in relationships with banks and other financial institutions. WV resident?

Legislation 175

Legislation Patients Access Seed-To-Sale 175

Canna Law Blog

MARCH 13, 2024

Though many business owners may find banking to be a headache regardless of industry, few business owners have more hurdles to deal with than cannabis growers and dispensaries. The current state of cannabis banking can have a significant impact on where cannabis business owners keep their money and whether they obtain cannabis loans.

Banking 92

Banking Business Cannabis Compliance 92

Cannabis Law Report

JUNE 15, 2022

California Steps Up Tax Collection Efforts. The California Department of Tax and Fee Administration (CDTFA) has stepped up its attempts to collect about $200,000 in unpaid taxes from both illegal and licensed cannabis operations. Treasury Seeks Comment on Collecting Marijuana-Related Business Activity Information.

Business 52

Business Marijuana Safety Banking 52

Connor & Connor PLLC

AUGUST 30, 2018

a California medical marijuana dispensary, and denied Canna’s deductions for operating expenses, including significant amounts for employee salaries and vehicle expenses. During the years before the Court, the taxpayers owned a medical marijuana dispensary in Colorado. The dispensary sold smokable marijuana as well as edibles.

Business 49

Business Marijuana Banking Collective 49

The Cannigma

DECEMBER 2, 2021

Unfortunately, this usually means the sativa/indica assignment is made by individuals – growers, dispensary staff, or distributors – who felt like it fit into one of these categories. A few seed banks still keep seeds from those original strains harvested in the 1970’s.

Strains 145

Strains Indica Sativa Hybrid 145

NORML

JANUARY 2, 2019

We certainly didn’t expect the opportunity to protest Jeff Sessions alongside Congresswoman Dina Titus and State Senators Aaron Ford & Tick Segerblom at the Apothecary Shoppe Dispensary with every news outlet present, but it happened! June 2018: Collected 79 Candidate Surveys from across Nevada.

Education 106

Education Media History Advocacy 106

SpeedWeed

APRIL 28, 2021

A unionization effort filed for 17 employees at the Curaleaf medical dispensary in Hanover, Mass., Local 328 organizers first connected with dispensary workers at Curaleaf Hanover in March 2020, a month before filing the unionization vote and before pandemic-related government shutdowns were enacted. WCC (Women’s Cannabis Collective)

Seed-To-Sale 52

Seed-To-Sale Dispensary Cultivation Food 52

SpeedWeed

APRIL 28, 2021

A unionization effort filed for 17 employees at the Curaleaf medical dispensary in Hanover, Mass., Local 328 organizers first connected with dispensary workers at Curaleaf Hanover in March 2020, a month before filing the unionization vote and before pandemic-related government shutdowns were enacted. WCC (Women’s Cannabis Collective)

Legalization 52

Legalization Seed-To-Sale Dispensary Cannabis 52

SpeedWeed

APRIL 27, 2021

A unionization effort filed for 17 employees at the Curaleaf medical dispensary in Hanover, Mass., Local 328 organizers first connected with dispensary workers at Curaleaf Hanover in March 2020, a month before filing the unionization vote and before pandemic-related government shutdowns were enacted. WCC (Women’s Cannabis Collective)

Seed-To-Sale 52

Seed-To-Sale Dispensary Cannabis Cultivation 52

Canna Law Blog

FEBRUARY 28, 2022

Guidance on banking and MRBs. Department of Justice on “Marijuana Related Financial Crimes” was rescinded in 2018 , the FinCen Memo has been the only game in town for federal banking guidance. But banks don’t really use that. Cannabis dispensaries, cultivators, processors and testing facilities all fall under this definition.

Banking 98

Banking Business Marijuana Hydroponic 98

Otherside Farms

JANUARY 25, 2019

Not only does this sensible plan allow patients to keep their expenses low compared to purchasing from dispensaries, it also gives them control over what they’re putting into their bodies right down to what kind of fertilizer is used. Choosing the Right Cannabis Seed Believe it or not, all marijuana is not considered medicinal.

Marijuana 68

Marijuana Strains Medicine Chronic Pain 68

SpeedWeed

APRIL 29, 2021

A unionization effort filed for 17 employees at the Curaleaf medical dispensary in Hanover, Mass., Local 328 organizers first connected with dispensary workers at Curaleaf Hanover in March 2020, a month before filing the unionization vote and before pandemic-related government shutdowns were enacted. WCC (Women’s Cannabis Collective)

Programs 52

Programs Seed-To-Sale Dispensary Cultivation 52

Marijuana Lawyer Blog

APRIL 15, 2019

This measure has broad bipartisan support, as does another that would shield banks doing business with these companies from federal money laundering charges. The Los Angeles CANNABIS LAW Group represents growers, dispensaries, collectives, patients and those facing marijuana charges. Call us at 714-937-2050.

Policy 45

Policy Banking Programs History 45

The Herb Collective

APRIL 29, 2019

A Cash-Only Industry The final California cannabis regulations still haven’t fixed the banking problem. Unfortunately, that’s not likely to change soon since the national banks system remains controlled by the US Treasury and as cannabis is still federally illegal nothing will change until cannabis becomes federally legal.

Law 45

Law Marijuana Banking Packaging 45

Cannabis Law Report

MAY 4, 2019

In the form, you have to mention the licensed physician you want to be treated by along with their complete address and the registered dispensary you want to buy marijuana from. You can give anything from the list – state ID, bank statements, driver’s license, voter ID, or utility bills.

Marijuana 45

Marijuana Decriminalization Epilepsy Dispensary 45

Marijuana Lawyer Blog

FEBRUARY 1, 2019

Most banks and credit card companies will not sanction purchases that will facilitate the sale of marijuana – again, thanks to the federal law. The Los Angeles CANNABIS LAW Group represents growers, dispensaries, collectives, patients and those facing marijuana charges. Call us at 714-937-2050.

Marijuana 45

Marijuana Policy Food Banking 45

The Cannigma

MARCH 12, 2021

A lot of the adult use, legalization has built upon the medical dispensary infrastructure, logistical infrastructure, the inspections and laboratory requirements in some states, and I imagine that also the political power of massive industries plays a role in pushing for further advancement. So, for example, payment systems.

Legalization 130

Legalization Patients Education Dispensary 130

The Herb Collective

JUNE 7, 2019

Whether you’re looking to visit a recreational dispensary while on vacation or you’re just visiting your local dispensary for the first time, there are some things that you need to know. Keep reading to find out more about dispensaries and what you need to know to make the most of your first visit. What is a Dispensary?

Dispensary 8

Dispensary Recreational Strains Business 8

Cannabis Law Report

JANUARY 15, 2019

Alterman involved income tax deficiencies and penalties asserted by the IRS for 2010 and 2011 against individual taxpayers who owned and operated a small Colorado cannabis dispensary. The individual taxpayers had filed joint returns for 2010 and 2011 in which they reported the income from their cannabis dispensary.

Business 58

Business Dispensary Cannabis Compliance 58

Cannabis Law Report

SEPTEMBER 1, 2021

For example, even though cannabis dispensaries cannot deduct employee wages against their taxes, they nevertheless must comply with minimum-wage laws. While these businesses must pay taxes, they are largely unbanked due to regulatory hurdles that prevent such businesses from accessing banking and other financial services. [10]

Policy 100

Policy Cannabis Law Treatment 100