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Company’s Core Operational Compliance Solutions Helps Cannabis Companies Stay Compliant With Continually Changing Regulations in the State. Together, the solution suite is specifically designed to help cannabis businesses remain compliant under Utah’s medical cannabis laws, as well as manage risks in a cost-effective way. “As
Company’s Core Operational Compliance Solutions to Take the Guesswork Out of Confusing, Continually Changing Regulations for Businesses in Growing Cannabis Market. Simplifya SOPs are designed to help ensure cannabis businesses are efficiently, effectively and legally running. August 12, 2021 08:00 ET | Source: Simplifya LLC.
The Illinois Department of Agriculture (IDOA) recently released two press announcements dealing with the new online portal for cannabis businesses. The first announcement stated that Illinois is set to streamline cannabis business operations with the launch of the new online licensing portal (see following article about paperless system ).
As the legal cannabis industry suffers through a period of distress brought on by global economic woes, along with punitive taxation structures and an oversaturation of products, and plummeting prices, there has naturally been an uptick in internal cannabis business disputes. Cultivation. Cannabis Business Agreements and Structures.
Many cannabis cultivators and retailers are experiencing the painful realization that they’re selling a product with profit margins that are eroding as widespread legalization takes hold, and the signs of industry change are already becoming apparent. What’s the Best Move for a Cannabis Business License Holder?
Simplifya Offers a Suite of Comprehensive Compliance Solutions for Cannabis Businesses in New Mexico Ahead of Adult-Use Sales Launch. Company’s Proven Compliance Solution Helps Cannabis Operators Stay Compliant as State Readies Adult-Use Market. They outline best practices and processes for the clients’ entire organization.
CCB Issues Summary Suspension of Cultivation License. LAS VEGAS, NV – Pursuant to Nevada Cannabis Compliance Board Regulation (NCCR) 4.105, the Nevada Cannabis Compliance Board (CCB) called an emergency board meeting via Zoom yesterday to consider the summary suspension of the cultivation licenses held by Green Cross of America, Inc.
Hawaii has put forth new regulations surrounding the cultivation of hemp, a class of cannabis plants that contain 0.3% federal government has recognized hemp as a viable crop and taken measures to legalize it, each state has set its own specific laws and compliance measures around the plant. or less THC. Although the U.S.
Cultivators, manufacturers and testers face the same distance requirement for day care facilities and churches, but they must be at least 750 feet from schools.” ” Patient Seminars II – Home Cultivation and Compliance. Are you planning to cultivate your own medical cannabis or interested in being a caregiver?
The measure would impose a civil penalty of $200 for the possession of up to one ounce of marijuana, as well as for the cultivation of up to two marijuana plants. Legislation is pending, Senate Bill 2134, to permit qualifying patients to cultivate personal use quantities of cannabis for therapeutic purposes. ND resident? ND resident?
Investors have taken note, pumping $10 billion into North American cannabis businesses last year — a good sign for budding entrepreneurs hoping to cash in on the green rush. It’s more difficult than starting a business in any other area,” says Schmitt, 43, a seasoned entrepreneur who previously worked in finance and construction.
Given the current COVID-19 pandemic, the NORML team is working remotely in compliance with CDC guidelines. Many state capitols around the country have suspended legislative sessions, continued to vote on key bills remotely, or have at the very least closed to the public and nonessential business. MS resident? New Hampshire.
Legislation is pending, House Bill 213, to establish an industrial hemp program to be in compliance with the new federal hemp regulations. Legislation is pending, Senate Bill 516, to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations. GA resident? GA resident? IN resident?
–(BUSINESS WIRE)–Hemp, CBD, THC-cannabis and psilocybin compliance consulting firm Allay today announced a first-of-its-kind partnership with Cannabis Connect Insurance (CCI) to offer discounted rates to cannabis companies working with Allay to gain critical safety certifications. “In PORTLAND, Ore.–(BUSINESS
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. That is changing.
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. Cutting across these categories is the team. Real Estate.
MJ Biz report… A cannabis cultivation company in Nevada was fined $565,000 for allegedly failing to tag its plants for the state-mandated seed-to-sale tracking system and operating with expired licenses, among other violations. The compliance board said in the recent complaint, filed Oct.
–(BUSINESS WIRE)– $ZDPY #Brokerage –Zoned Properties®, Inc. The increasing demand for regulated marijuana cultivation space and consumer products in Arizona has gone far beyond initial projections as the result of the recently approved and implemented adult-use marijuana program. SCOTTSDALE, Ariz.–(BUSINESS
This Act amends the Controlled Substances Act to reduce the number of instances in which federal law enforcement agencies could carry out legal actions against state-licensed cannabis businesses or other related enterprises. Update : SB 34 was approved by the Senate Business, Professions and Economic Development Committee on 4/3/19.
Legislation is pending, AB 286, to temporarily reduce tax rates imposed on the retail sale and commercial cultivation of cannabis. Update : AB 286 is scheduled for a hearing in the Assembly Business And Professions Committee on 4/23/19. Click here to email your lawmakers in support of decriminalization. California. CA resident?
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. Legislation is pending, Senate Bill 8, as well as Senate Bill 598, to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations.
Judges are frustrated, businesses are losing money, and lawsuits that should never have been filed are clogging up the courts. If you run a cannabis business, you need to know why this is happeningand how to avoid becoming the next case on the docket. Cannabis litigation is exploding. Why Are There So Many Cannabis Lawsuits?
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. Legislation is pending, H.
Licensing for cultivation of cannabis and associated activities. It is a criminal offence in the Bailiwick to possess, cultivate, supply or import cannabis. An Order can be made under the Law to authorise the cultivation of cannabis and associated activities for the manufacture of industrial hemp and any other product.
Update : SB 34 is scheduled for a hearing in the Senate Committee on Business, Professions, and Economic Development on 4/1/2019. Senate Bill 1353 seeks to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations. CA resident? HI resident? IL resident? IL resident? KS resident?
DENVER–(BUSINESS WIRE)– #CBD — Agricor and Botanacor – sister lab-service companies – today announced the appointment of Miles Lanning as the new Vice President of Quality Assurance and Regulatory Affairs for both companies. Miles Lanning Will Fill the Position. Botanacor was founded in 2014 and leads the U.S.
On October 12, 2019, Governor Newsom announced that he had signed SB-153 , a bill aimed at making significant changes to California’s hemp cultivation law. Under current California hemp cultivation laws, the definition of EARIs is much broader than under federal law. Department of Agriculture by May 2020.
The Humboldt County Grower’s Alliance, in partnership with the Origins Council, hosted a conversation Thursday surrounding compliance with new state guidance for cannabis trade samples and medical cannabis donations. One can receive them from cultivators, distributors, other manufacturers, and microbusinesses,” she added.
Dispensaries that are approved to operate have to do so in compliance with the regulations put forth by the Missouri Department of Health and Senior Services, such as the certified seed-to-sale system, which tracks inventory and reports it to the state. After all, once something becomes legalized, it can be taxed for government revenue.
The landowner where the cultivation site was being set up also faces $5,250 in fines. CANNABIS CULTIVATOR AND LANDOWNER SETTLE ENVIRONMENTAL PROTECTION ACTIONS. The actions were against the cultivator, Medical Investor Holdings LLC, which does business as Vertical Companies, and the non-profit landowner, Divine Mercy, Inc.
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.
On February 20, 2020, the California Department of Food and Agriculture (CDFA) released its proposed regulations for the Cannabis Appellations Program, something that many cultivators have been anticipating since the inception of the Medicinal and Adult Use Regulation and Safety Act (MAUCRSA). of this chapter.”. of this chapter.”.
As the end of the year approaches, it is important to ensure businesses are taking the appropriate steps to address 1) any incomplete registrations before they are deactivated; and 2) any outdated registrations before they are found noncompliant. Failure to act now may cause unwanted impacts or significant business disruptions.
House Bill 5562 and Senate Bill 3785 were introduced late Friday and would amend the Cannabis Regulation and Tax Act and provide lending support or private investment from the Cannabis Business Development Fund. sponsored HB5562, and Sen. Kimberly A. Lightford sponsored SB3785.
Yesterday, the Cannabis Control Board approved 52 adult-use conditional cultivation licenses , which means the approved businesses can start growing cannabis for the upcoming adult-use market. An adult-use conditional cultivator license is valid for no more than two years, expiring at the latest on June 30, 2024.
Legislation is pending, AB 286, to temporarily reduce tax rates imposed on the retail sale and commercial cultivation of cannabis. Legislation is pending, Senate Bill 51, to assist financial institutions in safely conducting transactions with licensed cannabis businesses. CA resident? IL resident? MO resident? NH resident? NH resident?
A group of Colorado lawmakers wants to increase oversight of the state’s marijuana businesses, but the cannabis industry is ready to fight the proposal. The bill requires the state licensing authority to conduct at least 2 compliance checks a year at each medical and retail marijuana center. BILL SUMMARY.
In the cannabis industry, a cannabis multi-state operator (MSO) refers to a business with operations in multiple states. This includes cultivation and processing operations. That includes following different sets of laws on advertising, business structure, management of facilities and compliance rules. Compliance.
Starting April 1st, Cannabis Operators Face CEQA Compliance Requirements for State Licenses. She also serves on the firm’s Diversity and Inclusion Committee, the Recruiting Committee, and the Latin Business Team. CEQA Compliance and Consequences to Cannabis Operators. Tuesday, April 12, 2022. Whitney Hodges. 714-424-8257.
Practically speaking, will landlords be willing to take on the risk of leasing space to cannabis cultivators, processors or dispensaries—and, if so, what are some of the issues that will arise in negotiating leases to cannabis operators? What constraints does the MRTA place on the location of these businesses?
Senate Bill 1353 seeks to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations. House Bill 902 – The Cannabis Legalization Equity Act would regulate the use, possession, cultivation, and retail sale of adult use marijuana. HI resident? IL resident? IL resident?
Andrew Cuomo for dragging his feet on setting up marijuana sales and cultivation regulations. But the most simple way to understand it is that sovereign tribes are free to legalize – or ban – marijuana within their territories, including its cultivation and sale, independent of the state.
DKB’s expertise and experience with other regulated industries, especially the alcoholic beverage market, can help make sure businesses get it right. tax code; banking procedures; accounting policies and procedures; licensing; operating policies; outsourced accounting; referrals to ancillary service providers; and general business consulting.
For this post, I want to focus on the where the new cultivation licenses have been issued, what it means for the total number of licenses, and what might it translate into in terms of expanded canopy size. Through the end of May, 3,278 new cultivation licenses were issued in 14 states. How Much Canopy was Licensed in California?
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