Illinois News Joint

JANUARY 24, 2023

The guidance states, “Cannabis Loan Funds shall be used for ordinary and necessary expenses to start and operate a cannabis business.” All uses of the proceeds must be necessary for the Illinois business, supported by adequate proof of obligation and expenditure, and comply with all requirements of the loan program.

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Programs Collective Cannabis Business 105

Cannabis Law Report

DECEMBER 15, 2021

First, an LPA is a private contract between an employer and a union in which both sides agree to waive certain rights under federal labor laws. Multiple unions are currently active in the cannabis industry, so a number of organizations may approach businesses.

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Business Collective Cannabis Law 52

SpeedWeed

MARCH 8, 2021

There are five important “categories,” that require company leaders’ utmost focus and attention as they launch a compliant cannabis business in a newly legal state. Non-compliant businesses face the risk of being shut down and attract negative attention to the cannabis industry. One commonality among all states is cost.

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Compliance Compliance Business Seed-To-Sale 52

Connor & Connor PLLC

AUGUST 30, 2018

However, marijuana remains illegal under Federal law, and this creates an uncertain landscape for marijuana businesses in the preparation of their Federal income tax returns and in handling an IRS audit. In addition, marijuana businesses must be aware of cash handling issues. See specifically IRC Section 162.

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Business Marijuana Banking Collective 49

Canna Law Blog

MAY 19, 2019

In addition to legalizing adult use and possession of cannabis, the law creates a statewide regulatory regime for commercial cannabis activity, but also provides discretion to local jurisdictions to prohibit or restrict such businesses. That study found that “single-family residences close to a retail conversion (within 0.1

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Retail Safety Medicine State Laws 90

Canna Law Blog

DECEMBER 5, 2019

Financial institutions that work with marijuana businesses must conduct due diligence to ensure that marijuana businesses are complying with state law. That has made it very difficult for many hemp and hemp-derived CBD (“Hemp-CBD”) businesses to access bank accounts.

Banking 85

Banking Hemp Compliance Compliance 85

Canna Law Blog

DECEMBER 22, 2019

which Nebraska’s legislature passed last year to allow for hemp cultivation under state law. which Nebraska’s legislature passed last year to allow for hemp cultivation under state law. Nebraska’s hemp plan follows Legislative Bill 657 (“ LB 657 “) (codified at NE St. § 2-501 et seq.),

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Hemp CBD Agriculture Cultivation 84

Cannabis Law Report

JULY 23, 2021

Senators Schumer, Wyden, and Booker are taking comment from lawmakers and the general public, including advocates, the cannabis industry, public health experts, and the law enforcement community, until September 1. Decriminalization of Cannabis, Recognition of State law Controlling Cannabis. Draft Bill Details. Provisions.

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Research and Development DEA Programs State Laws 81

Cannabis Law Report

JUNE 15, 2022

In addition, the licensees must execute a management agreement with a third-party operator to manage and operate the remaining facilities that the department will continue to permit in compliance with state law. California Steps Up Tax Collection Efforts. On June 8, 2022, the U.S. It remains to be seen how this will develop.

Business 52

Business Marijuana Safety Banking 52

Cannabis Law Report

SEPTEMBER 1, 2021

senators released a discussion draft of legislation that would remove cannabis from the schedule of controlled substances under federal law and provide for federal taxation of cannabis products. Greg Kaufman of Eversheds Sutherland outlines the key provisions and urges lawmakers to consider data collected at the state level to get it right.

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Legislation Cannabis Business Extraction 98

Cannabis Law Report

SEPTEMBER 3, 2019

A state law signed by Gov. This is a high-resource-use industry, and it doesn’t have to be,” said state Rep. It definitely puts Illinois at or near the top in terms of state policies for energy and environmental performance for cultivation facilities,” he said. “It NPR ( St Louis Public Radio) report.

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Legislation State Laws Collective Cultivation 55

Cannabis Law Report

APRIL 12, 2019

California expects to collect more than $500 million in marijuana-related tax payments next year according to a report in The Sacramento Bee. Collecting those taxes is the responsibility of the state’s Department of Tax and Fee Administration which has 11 offices around the state where marijuana business owners can drop off their cash.

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Collective Banking Legislation Business 51

Cannabis Law Report

APRIL 13, 2022

Although the Budget includes the usual categories of expenditures we have come to expect from Albany, it also introduces certain tax-related measures, some of which are certain to be welcomed by the general business community, and a few that may be meaningful to certain industries. Challenges.

Business 52

Business Cannabis Law Decriminalization 52

The Blunt Truth

JANUARY 5, 2022

There are numerous positions and industries exempt from the law. And of course, employers still must be mindful of the state law protections currently available to medical marijuana users. Employers can only take employment actions based on contrary federal and state legal requirements (e.g., New Mexico. New Jersey.

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Law Marijuana Policy Recreational 105

MassRoots

MARCH 14, 2019

The first day that Ohio medical cannabis patients were granted safe, reliable access to lab-tested medication via dispensaries, they collectively spent more than $75,0000 on nearly nine pounds of flower. Only four retail locations were open for business on the first day that sales began. 9 Dispensaries are open for business.

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Edibles Patients Tincture Programs 80

Cannabis Law Report

JULY 1, 2021

–(BUSINESS WIRE)– $ZDPY #Cannabis –Zoned Properties®, Inc. For the past year, Blackwell has played a significant role in Zoned Properties’ operational expansion as Director of Business Development, successfully launching several new growth projects. SCOTTSDALE, Ariz.–(BUSINESS About Zoned Properties, Inc.

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Business Media Data Events 76

Cannabis Law Report

JULY 7, 2021

–(BUSINESS WIRE)–ETF Managers Group LLC (ETFMG®), leading exchange-traded fund issuer, announced that the ETFMG 2x Daily Alternative Harvest ETF (NYSE Arca: MJXL) will begin trading today on the New York Stock Exchange. Now offering 2x exposure to global cannabis with MJXL, from the issuer who brought investors the first U.S.

Research and Development 72

Research and Development State Laws Collective Concentrates 72

Cannabis Law Report

FEBRUARY 12, 2022

According to state law, providing sales tax revenues to the public would be detrimental to the existing businesses when there are only two. “If If we gave out information or precise information about how much marijuana sales tax is collected by one business.

Law 52

Law Marijuana Policy Media 52

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. 280E is effectively repealed and cannabis businesses are no longer subject to the broad disallowance of expenses.

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Legalization Collective DEA Banking 58

The Blunt Truth

JULY 18, 2023

THE CSA IS A HURDLE TO REGISTRATION The National Concessions Group (“NCG”) applied to register two of its trademarks: BAKKED and the design mark (collectively the “Marks”) with the United States Patent and Trademark Office (“USPTO”) for use with “essential oil dispenser[s] sold empty, for domestic use.” In re Nat’l Concessions Grp.,

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Oil Hemp Cannabis Extraction 98

Canna Law Blog

MAY 24, 2019

Resolve cannabis business disputes better outside of court — IF you have the right clause in your contracts. Such out-of-court (“extrajudicial”) dispute resolution processes are available in all states of the United States (and many other countries). Most courts favor ADR. A precise ADR clause will help you. In Atkinson v.

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Collective Data Cannabis State Laws 67

The Blunt Truth

DECEMBER 22, 2022

Nevada, like most states, has legalized cannabis for medicinal use. Although permitted under state law, a Nevada employee may still face discipline under a company’s drug policy. A collective bargaining agreement provision relating to drug and alcohol use provided for zero tolerance.

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Law Policy Cannabis History 111

Cannabis Law Report

AUGUST 13, 2019

It spells out what is and what isn’t lawful grow.“I The document summarizes more than 20 years of state laws, regulations, and guidelines concerning the growing, distribution and transportation of medicinal cannabis in the Golden State. I appreciate that it is coming from the top,” he said. Health & Saf.

Medicine 61

Medicine Patients State Laws Cultivation 61

Cannabis Law Report

AUGUST 1, 2022

The ACLU of Maine says state regulators should eliminate a requirement that multiple video cameras be placed inside and outside adult-use cannabis businesses, arguing that doing so violates Maine’s ban on facial recognition surveillance. The Maine Press Herald reports.

Dispensary 52

Dispensary Policy Data Retail 52

SpeedWeed

MAY 17, 2021

Martin’s cannabis use is completely legal under state law, though – he is a state-certified medical marijuana patient who has been using cannabis to treat chronic back pain and PTSD. At this point, the fire department terminated his employment, based on the rules of his union’s collective bargaining agreement.

Legalization 52

Legalization Chronic Pain Collective State Laws 52

Cannabis Law Report

NOVEMBER 29, 2021

StateHouse will have a unique ability to navigate the operating challenges in the state and capitalize on the combined potential of the businesses we are acquiring. Mr. Ravner added: “We are excited about the potential for this business combination. billion by 2025[3]. 3 ArcView 8 th Edition estimate.

Business 52

Business Retail Cultivation Cannabis 52

The Blunt Truth

JULY 25, 2023

STATE OF PLAY The United States Trustee Program (“USTP”), as the bankruptcy system watchdog, has long taken the position that the system may not be used as in instrument in committing a crime, and that trustees and estate fiduciaries may not administer assets in violation of federal criminal law. [1] 3] In re Arenas , 535 B.R.

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Hydroponic State Laws Dispensary Law 52

Cannabis Law Report

FEBRUARY 19, 2022

The law provides for up to 12 cultivator licenses, up to four processor licenses, up to four dispensary licenses, and up to five integrated facility licenses. Typically regarded as a very strict medical cannabis program, the legislature has not made any serious attempts to substantially overhaul the program since 2016.

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Legalization Seed-To-Sale Programs Dispensary 97

Puff Puff Post

MARCH 19, 2020

“The health and safety of our employees, customers, and community remain our top priority as the spread of COVID-19 continues to impact people and businesses nationwide. Local state laws where MMDC operates permit such activities however, these activities are currently illegal under United States federal law.

Dispensary 72

Dispensary Safety Events Business 72

Cannabis Law Report

SEPTEMBER 20, 2019

Mj Biz report…… A bill that would create a federal safe harbor for financial institutions to serve state-lawful cannabis businesses and ancillary companies will be put to a landmark vote in the U.S. This announcement is certainly raising the chatter levels on SAFE. Might a vote actually happen?

Banking 45

Banking Collective State Laws Policy 45

Cannabis Law Report

JULY 19, 2021

The Company is indirectly involved in the manufacture, possession, use, sale and distribution of cannabis in the recreational and medicinal cannabis marketplaces in the United States through its subsidiary Cana Nevada Corp. Local state laws where Cana Nevada Corp.

Education 111

Education Cultivation History Media 111

Cannabis Law Report

FEBRUARY 4, 2019

You cannot move your marijuana business without prior approval from the WSLCB. As soon as you know you plan to move to a new location, apply for a change of location through Business Licensing Services, here. The policy only applies to approved owners who are investing their own personal money into the business.

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Topical Packaging Retail Legislation 65

The Joint Blog

FEBRUARY 20, 2019

Legislation that would protect banks who provide services to medical marijuana businesses has been passed by the full West Virginia House of Delegates. “The purpose of this section is to provide a solution to the banking problems encountered by the state in connection with the Act.”

Banking 48

Banking Marijuana Collective State Laws 48

Cannabis Law Report

MAY 5, 2022

Advocacy groups consider the move harassment of business owners. Law enforcement officers are carrying out raids in Topeka on shops selling cannabis products. The raids also frustrate advocates because some cannabis products already count as legal under state law. KCUR public radio has the story.

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THC Advocacy Hemp State Laws 52

Cannabis Law Report

DECEMBER 17, 2019

State Question 806 , filed on Dec. 12, would add an amendment to the Constitution, which would generally legalize, regulate and tax marijuana for people aged 21 and older under state law. It provides for local zoning of businesses and permits municipalities, upon popular vote, to limit or prohibit retail licenses.

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Recreational Legalization Marijuana Collective 49

Greenspoon Marder Cannabis Law Group Blog

APRIL 19, 2021

Ordinance to Allow for the Licensing and Operation of Marijuana Hospitality Businesses and Retail Marijuana Hospitality and Sales Businesses. In November 2016, Denver voters approved Initiative 300 (“I-300”) to give businesses the ability to apply for a license to allow for adult marijuana consumption in designated areas.

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Marijuana Consumption Retail Business 76

Canna Law Blog

MAY 7, 2019

An agricultural production contract is a complex creature typically governed by state law including the Uniform Commercial Code. Legislators in several states have proposed, and in some cases enacted, laws concerning the terms of agricultural production contracts.

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Agriculture Hemp Supply Chain CBD 86