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IDFPR cites the explosive growth by stating that 82 new dispensaries open for business in the last year, the single-largest expansion of cannabis dispensaries since the program first started with the Compassionate Use of Medical Cannabis Program Act (CRTA) in 2014. Find detailed information about this topic here.)
Hemp Grower reports… Seventeen migrant employees who were hired for temporary work on a hemp farm have sued the employer for a variety of mistreatments, including partially unpaid wages, unsafe housing conditions and verbal abuse. Hansen and his companies are all named as defendants in the lawsuit, which was filed in the U.S.
Businesses that were operating well enough to remain solvent when cannabis flower was well over $1,000 a pound are struggling to stay afloat, downsizing and laying off staff. And those profitable businesses with a proven track record of proper operations justify a higher price than enterprises operating in the red.
Is cannabis legal for business purposes in Australia? Cannabis businesses must comply with several laws, including: Narcotic Drugs Act 1967 regulates cannabis cultivation and manufacture for medicinal or scientific purposes. Laws apply to business activities of all kinds at the local government level. The specific license type.
While these businesses would benefit from being properly insured just like other businesses in America, they face the hurdle of current federal regulations against cannabis that label it a Schedule I controlled substance with no medical purpose and a high addiction rate. The post Can Cannabis Businesses Be Insured?
NSW $100,000 – $130,000 a year Network of Medicinal Cannabis Clinics focussed on helping patients with chronic conditions who may… Read More. The post Job Position-Director of Business Development CA Clinics Sydney first appeared on Cannabis Law Report.
Once thought of as a drug that made individuals sluggish and unmotivated, recent studies are finding that marijuana could be good for businesses. Cannabis legalization also attracts many people to the state – which in turn provides a whole new pool of talent for businesses to hire. MARIJUANA LEGALIZATION IS GOOD FOR BUSINESS.
Section 280E of the Internal Revenue Code prohibits taxpayers who are engaged in the business of trafficking certain controlled substances (including, most notably, marijuana) from deducting typical business expenses associated those activities.
I (NASDAQ: MCMJ ) (“Merida”), a special purpose acquisition company sponsored by Merida Capital Holdings, today announced that they have entered into a definitive agreement with respect to a business combination. Merida may also file other documents regarding the proposed business combination with the SEC. About Leafly. show=ffdf47e5.
As a result, the Company is expecting the delisting of its Common Shares and Warrants from the TSX to be effective at the close of business on September 10, 2021 , and the listing of its Common Shares and Warrants on the CSE to be effective on September 13, 2021.
Previously, the number of physicians that were allowed to recommend medical marijuana therapy was limited and so were the conditions that would qualify a person for the program. House Bill 418 aims to provide extra protection for those businesses that operate within the parameters of Louisiana state law. House Bill 819. House Bill 211.
Currently, with t he required certificate from a certified medical practitioner due to a qualifying condition, medical marijuana possession for patients is allowed in South Dakota. Cannabis businesses also cannot deduct most of their business expenses, such as rent and employee wages. However, hope remains.
With nearly 120 dispensaries licensed for business, patients will soon be able to treat roughly 20 medical conditions with cannabis products. The post Legal medical cannabis could reach Mississippi by end of October appeared first on Leafly.
Taking a significant step forward Kentucky Opens Doors for Medical Marijuana Business Applications for businesses. This move follows a series of legislative changes aimed at expanding access to medical cannabis for patients with qualifying conditions.
Since these beginnings in 2014, many other changes surrounding the use and possession of medical marijuana have been put into place in Missouri so the state can provide legal medical marijuana to patients suffering from a variety of approved conditions. Is medical marijuana being sold in Missouri yet?
House of Representatives’ Small Business Committee will hold a hearing on Wednesday on the challenges and opportunities small businesses face in the cannabis industry. Update : SB 34 was heard and approved by the Assembly Business And Professions Committee on 6/11/19. CA resident? CA resident?
This rapid price compression puts tremendous pressure on many marijuana businesses as they face greater competition with ever-slimming margins. However, the doors to the bankruptcy courts are currently closed to marijuana businesses because marijuana is still illegal at the federal level. In contrast, the average price fell to $109.22
Certain conditions require more cannabinoids than others. State governments in the business of regulating medical marijuana are beginning to recognize a serious responsibility to institute fair prices. The biggest reason price is such an issue is because there are no regular health insurance offsets for cannabis products.
Senate Bill 2543 would prohibit an employer from discriminating against a person in hiring, termination, or condition of employment based on the person’s status as a medical cannabis cardholder or a positive drug test for THC. Send a message to your lawmakers in support of ending arrests. HI resident? IL resident?
Initially launched with the intention of providing compassionate care for patients with chronic conditions, the program is now struggling to maintain its foothold amid shifting industry dynamics. The program aimed to provide safe, legal access to cannabis for patients with chronic conditions.
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.
The Rules establish the recreational cannabis industry in New Jersey and allow the CRC to begin licensing businesses as soon as possible. New applicants may apply for either a conditional license or an annual license. People with prior criminal convictions can qualify for a cannabis business license.
Leia Flynn is a legal assistant at a firm that works with cannabis businesses and the owner of Flight Lounge, a members-only private cafe allowed under the City of Portland’s social consumption guidelines. “That is discrimination.”
The Company believes that these supplemental non-IFRS financial measures provide a valuable additional measure to use when analyzing the operating performance of the business. Controlled Substances Act, making it illegal under federal law in the United States to, among other things, cultivate, distribute or possess cannabis.
Also this week, the House Committee on Small Business held a hearing to discuss the economic and employment opportunities in the emerging legal cannabis industry and the challenges that federal prohibition and criminalization pose in regards to the Small Business Administration. CA resident? CA resident?
The NM Political Report | Medical Cannabis Program
AUGUST 23, 2021
As New Mexico’s Regulation and Licensing Department works toward finalizing rules for non-medical cannabis sales, some unfinished business remains when it comes to the state’s medical cannabis program.
Did you know that during childhood and your teen years, your body is busy adding on new bone much faster than it can remove the old bone? The condition of our bones is often measured by screening for its density or mass, which can serve as an indicator of how strong, or weak, the bones are. . The Bone Regeneration Study.
If you are an Iowa resident considering medical cannabis but do not have a condition on the current qualifying list, consider adding to the petition to have your voice heard. Allowing the state to cultivate cannabis for in-state cardholders could be a transformative move for the states agricultural businesses.
Under that, there are a number of conditions that must be met. The law is very specific in that the person must have received a license from the Department of Consumer Protection to use marijuana for medicinal purposes. A person must have received a license from the Department of Consumer Protection to use marijuana for medicinal purposes.
Thats what Ballot Measure 119 is all about: a law that requires cannabis businesses to allow employees the chance to unionize without interference. have a long history rooted in protecting workers from dangerous and unfair work conditions. Background on Labor Unions in the U.S. Labor unions in the U.S. million U.S.
24, 2022, the state completely removed the qualifying conditions list that patients used to have to adhere to in order to qualify for the medical cannabis program. Since then, doctors in the state have been able to recommend medical cannabis for any condition in which they feel it may benefit. coli and salmonella.
If passed and put into practice, this bill would bring about major changes for cannabis users in Texas, as well as for businesses selling cannabis. According to the Texas Government site, Texass Compassionate Use Program (CUP) allows certain physicians to prescribe low tetrahydrocannabinols (THC) cannabis for medical purposes.
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. Following are the bills that we’ve tracked this week and as always, check NORML’s Action Center for legislation pending in your state.
Senate Bill 19-013 would permit physicians to recommend cannabis therapy for any condition for which an opiate would otherwise be prescribed. The measure permits children with serious conditions for which medical marijuana has been recommended to have their medicine administered to them while on school property. New Mexico.
House of Representatives has for the first time included limited protections for cannabis businesses engaged in the legal marketplaces in 33 states. Update : SB 34 is scheduled for a hearing in the Assembly Business And Professions Committee on 6/11/2019 at 9:30am in the State Capitol, room 4202. CA resident?
The three cannabis items in Illinois’ budget that should pass just after midnight include: The State Comptroller shall direct the State Treasurer to transfer the sum of $40,000,000 from the Compassionate Use of Medical Cannabis Fund to the Cannabis Business Development Fund.
On Thursday, April 14, the state’s Cannabis Control Board (CCB) voted to award conditional cannabis cultivation licenses to 52 existing hemp farms within New York. The licenses will enable these local businesses to take advantage of the 2022 growing season, and […].
The company’s initial focus is on predicting the potential benefits of psychedelic drugs on various mental health conditions and developing an mHealth consumer health application, called YMI, to predict an individual’s current and future mental and physical health conditions. compound annual growth rate from $2.8
NEW YORK–(BUSINESS WIRE)–Curaleaf Holdings, Inc. TSX: CURA / OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading international provider of consumer products in cannabis, today announced. Read More
The House Financial Services subcommittee on Consumer Protection and Financial Institutions held a hearing Wednesday to address the lack of access to basic banking services by state-legal marijuana businesses. You can submit your own feedback here. Click here to email your Representative and urge them to support this important legislation.
HB1443 mostly dealt with licensing for businesses but also included two beneficial amendments for registered medical cardholders. Separate votes for a “qualifying term” to the condition also was recommended for Painful Ovarian Cyst and Painful Uterine Fibroid.
Provides a conditional adult-use cultivator license to process and distribute cannabis flower products without holding an adult-use processor or distributor license; provides a conditional adult-use processor license to process and distribute cannabis products; provides for the repeal of certain provisions upon the expiration thereof.
TORONTO–(BUSINESS WIRE)–Andrew DeFrancesco, Chief Executive Officer of SOL Global Investments Corp. per Common Share (the “ Private Transaction ”, and collectively with the Market Transaction, the “ Transactions ”).
Governor Jared Polis (D) of Colorado signed legislation into law that allows physicians to recommend medical cannabis for any condition for which an opiate would otherwise be prescribed. Legislation is pending, Senate Bill 236, to allow qualifying patients with certain debilitating conditions to use and safely access medical cannabis.
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