This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
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. Welcome to the latest edition of NORML’s Weekly Legislative Roundup! Your Highness, Carly. Actions to Take.
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. Your Highness, Carly. AL resident?
” AB 2691 recently passed through the Assembly Business and Professions Committee. ” AB 2691 recently passed through the Assembly Business and Professions Committee. For small-scale producers to have direct marketing and sales opportunities with consumers is really critical.”
The bill legalizes the production and sale of marijuana flower concentrates, topical and edible products, immature cannabis plants and seeds, and hemp-derived THC products. Vertical integration of cannabis business is not allowed except in certain circumstances. Manufacturers can sell products to other businesses.
Licensed retailers are still free to sell CBD-infused edibles derived from marijuana, so long as those products were manufactured by a licensed processor. Additionally, the WSDA has stated that some parts of the hemp plant, specifically hulled hemp seeds, hemp seed protein powder and hemp seed oil are allowed for use in food.
As a result, several creative businesses have popped up, operating in the grey area of the law, to meet the distribution needs for District residents. brand that is marketing “exceptional art for elevated minds,” and providing cannabis gifts in the form of dried flower, edibles, and vape cartridges to adults who buy one of Sudo’s paintings.
This burgeoning industry encompasses a wide range of activities, including cultivation, processing, distribution, and retail sales of medical cannabis products. Recent trends indicate a growing interest in alternative forms of consumption, such as edibles, topicals, and concentrates, in addition to traditional flower products.
This article focuses on different types of cannabis businesses. As the cannabis industry takes shape, the wide array of businesses that make up the industry really come into focus. Learn the types of cannabis businesses. Examples of plant-touching and ancillary businesses along the entire cannabis supply chain.
In rain, sleet, or snow, on probation and/or with a suspended license, dealers were there for you when you were just starting out, when you didn’t know where to score weed, and when cannabis was far from being legalized. Cannabis customers deserve better. There’s a 15% excise tax on cannabis products plus 8.5%
New data on the cannabis sales in Ontario’s legal cannabis market showed that the majority of cannabis purchases between July and September 2021 were from legal retailers. New data on the cannabis sales in Ontario’s legal cannabis market showed that the majority of cannabis purchases between July and September 2021 were from legal retailers.
Updated compliance practices for the OLCC, amending the grounds for revocation, suspension or restriction of license to major violations, moving enforcement to a more compliance-based approach working with business owners for improved public health & safety. – Kim. Eliminating the turn-by-turn manifest.
million for the business, and $4.5 The deal, which will assist Schwazze in expanding its business footprint across the State of Colorado, was confirmed following the signing of definitive documents outlining the planned transaction. Medicine Man Technologies Inc., The money will be used to purchase the cultivator’s assets.
Cannabis Business Times. Cannabis Business Times was founded in 2014 by Tim Hermes and Noelle Skodzinski. They provide intelligence to help all aspects of the business – from seed to sale – succeed and grow. In 2018, CBT was awarded three recognitions by the American Society of Business Publication Editors.
The Colorado Springs-based company, whose legal corporate name is Whole Hemp Company LLC , is being sued by its former Vice President of business development and marketing, Dale Takio , after Shan allegedly tried to cut him out of his promised equity in the privately held company. THC edibles, cosmeceuticals and CBD for animal health.
The acquisition combines proven high quality dried flower sales and industry-leading yields with immediate facility expansion, increased capacity, enhanced product development, key sales licences, existing provincial supply deals, and direct distribution to medical patients focused on Veterans. MONTRÉAL, Aug.
The state is in the process of finalizing regulations for these businesses, and licensing is expected to happen after. Whether or not these businesses will open in 2022 remains to be seen. Open 24 hours a day, you can find flower, pre-rolls, concentrates, vapes, edibles, topicals, and more in-store. Related Stories.
Solicited by a formal Congressional Request for Information (RFI) on ideas for how to regulate hemp-derived CBD, public feedback included a diverse range of perspectives from businesses, trade associations, and other stakeholders. Whether growing or not” is being misconstrued to mean that the 0.3
A new law criminalizing the possession, use, and sale of cannabidiol (CBD) in Hong Kong has been in full force since its effectuation across the concrete jungle on Wednesday, February 1. It has also been shown to harbor neurological protective effects.
The first topic we’ll cover is how to start a cannabis business, including tips on location, cost, and long-term success in cannabis. While it may seem like state legalization is a green light for cannabis businesses to open up on every corner, it’s not quite that simple. Which cannabis business model is right for me? .
& VANCOUVER, British Columbia–(BUSINESS WIRE)–Grown Rogue International Inc. The joint venture has the ability to produce Grown Rogue branded concentrates, cartridges, edibles and tinctures as well as similar items under Pure Extracts’ brand. MEDFORD, Ore. &
PurpleBee’s is Colorado’s largest supplier of wholesale distillate for the CPG market, providing quality distillate to leading vaporizer, concentrates and edibles companies. million for the business and $4.5 million for the business and $4.5 OTCQX: SHWZ. The consideration for the proposed acquisition is $6.8
Native American nations in New York state are eyeing the legal cannabis business, with some reservations already operating dispensaries. The Shinnecock Indian Nation in September voted overwhelmingly to approve two tribal measures that will establish cannabis sales on the reservation. The first licenses are still months away.
Flora will use TruTrace’s blockchain-enabled platform for seed-to-sale tracking of its cannabis products – including integration of Applied DNA’s molecular tagging technology – to offer Flora’s customers a complete product validation and authentication solution. MIAMI & TORONTO–(BUSINESS WIRE)–Flora Growth Corp.
NEW YORK–(BUSINESS WIRE)– Columbia Care Inc. Through its dispensary network, the company offers products spanning flower, edibles, oils, and tablets, and manufactures popular brands including Seed & Strain, Triple Seven, Classix, Plant Sugar, Press, Amber and Platinum Label CBD.
You’re a nurse looking for something different to do with your career, and a cannabis business seems appealing to you, but you are stuck for ideas when it comes to what you could do or where to get started. Over half the states in the U.S. Not all states restrict marijuana to doctors alone, either. In the U.S.,
Google announced in May, 2019 that they had updated their policy section of the Google to ban apps “that facilitate the sale of marijuana or maijruan products, regardless of legality.” Long before we all got surgically-attached to our smartphones, cannabis was there, lovingly held in the palm of your hand, a constant companion in daily life.
In some European countries, cannabidiol can be used in medicines, but not for commercial sale, while in other countries, both commercial and medical use is legal, but growing them is considered illegal. Cannabidiol can be made into edibles and oils. The sale of CBD oil-based products is illegal in some countries.
The chief executive of the Ontario Cannabis Store (OCS) said growing regulated recreational marijuana sales in Canada’s most-populous province depends on more brick-and-mortar stores opening in certain communities. The third-quarter report from the OCS estimated that legal marijuana sales have captured 40.3% Edibles: 4.5%.
A broad coalition of cannabis industry groups came together to work with the OLCC on common sense legislative updates to support business operations and protect public health and safety. Last year Oregon cannabis retail sales hit a record-breaking $1.1 Just in From The Oregon Retailers Of Cannabis Association. This is a great start.”
CHICAGO–(BUSINESS WIRE)– Cresco Labs Inc. Concurrent with closing, the Company’s Fall River retail location has transitioned to medical sales only. Concurrent with closing, the Company’s Fall River retail location has transitioned to medical sales only. Transaction Highlights. About Cresco Labs Inc.
Do you own a business that sells marijuana-derived products? Then you may already know that the sale and purchase of marijuana for recreational use is allowed in only 17 US states and the District of Columbia. Apart from these, there is also the sales tax and excise tax. Not every state has a sales tax in place for marijuana.
CHICAGO–(BUSINESS WIRE)– Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco or “the Company”), a vertically integrated multistate operator and the number one U.S. Sunnyside Philadelphia will feature 10 points of sale with more than 5,500 square feet of space and an array of medical cannabis products displayed by form and function.
Cannabis nurseries are the secret pheno-hunting, seed-slinging, unsung genetics heroes of the cannabis industry. A growing number of cannabis nurseries—also called “breeders”—are emerging to supply seeds and clones for the commercial and homegrow markets in Canada. Clones, tissue culture, and seeds—oh my!
Additionally, Board Agents cited inaccurate inventory counts upon finding cannabis products physically present in the vault were not logged in the state’s seed-to-sale tracking system, Metrc. All cannabis and cannabis products properly sold by a licensed sales facility or dispensary should have a product label on the packaging.
The sale of cannabis products with THC, CBD or a combination thereof that exceeds the limit authorized by the IMC is prohibited – it is not clear what the criteria will be in this regard. Industrial : covers the sale, import and export, and must be compliant with the laws of the destination or origin foreign country. General Purpose.
After lengthy debate and an array of public input, Mexico finally released details of its draft legislation, which is set to go to a vote soon, according to Marijuana Business Daily. Second, recreational use for individuals, shared use and sales – the core of marijuana legalization – will be allowed. Fair Regulation”. .
With more MMJ patients than in any other state, the Oklahoma MMJ industry is booming with sales of more than $350 million through the end of last year. This means that there are no caps on the number of business licenses that can be awarded to dispensaries. What you need to know about Oklahoma medical marijuana in 2020.
NEW YORK–(BUSINESS WIRE)–Columbia Care Inc. The Notes were offered for sale on a private placement basis in certain provinces of Canada pursuant to applicable exemptions from the prospectus requirements of Canadian securities laws. per Common Share), subject to customary adjustments.
CHICAGO–(BUSINESS WIRE)– Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), a vertically integrated multistate operator and the number one U.S. This sale marks Cresco Labs’ first sale-leaseback transaction with Aventine. About Cresco Labs Inc. and FloraCal Farms.
Currently, having an Oklahoma patient license allows you to possess three ounces of marijuana on your person, six mature marijuana plants, six seedling plants, one ounce of concentrated marijuana, 72 ounces of edible marijuana and eight ounces of marijuana at home. Once set up, by 5 p.m. It costs $2,500 to obtain this license.
Now, North Shore residents can place on-demand delivery orders for a variety of Insa and Olde World Remedies offerings including flower, pre-rolls, edibles, vapes, concentrates and more. About Insa Insa is a cannabis brand with a simple mission of being in business to make your day better.
–(BUSINESS WIRE)–International cannabis brand Cookies today announced the upcoming opening of its first-ever U.S. Consumers can expect a curated, seed-to-table-like experience. Consumption Lounge Will Complement Newest Retail Location in Central California and Feature Cookies’ Line of Top-Shelf Cannabis Products.
NEW YORK–(BUSINESS WIRE)– Columbia Care Inc. We’re incredibly thankful to the Department of Health and Senior Services, local regulators and our business partners who have helped make this a reality as we bring the Cannabist experience to new communities across the country.”. Hermann is located between Kansas City and St.
We organize all of the trending information in your field so you don't have to. Join 14,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content