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
What could the implications be for patients on their medical cannabis journey? Rescheduling would stand to have the largest impact on cannabis research and business taxes. Some industry groups estimate taxes can make up 70% or more of total operating expenses for a cannabis business. What does rescheduling actually mean?
“Many of these establishments are small-to-medium size operators, with their employees keeping their doors open without access to the support systems in place for other businesses, thus depriving them of potentially lifesaving protections.” The majority of these businesses are small-to-medium in size.
Lehigh Valley NORML, and medical cannabis patients from across Pennsylvania, will hold the second in a series of monthly protests at the Department of Health (PaDOH) headquarters on Forster St. “Patients First: Fixing Medical Marijuana in PA” will commence on Wednesday November 13, 2019 from 08:30 AM-5:00 PM.
Representatives Earl Blumenauer (D-OR) and Ed Perlmutter (D-CO) have introduced legislation to allow state-legal marijuana businesses to apply for COVID-19 benefits through the Small Business Administration. Currently, the SBA is prohibited from engaging with cannabis businesses due to federal marijuana criminalization.
The Coalition letter focuses on the need for small business access to the SBA relief funds as an avenue to protect the progress that has been made by minority entrepreneurs in the emerging legal cannabis marketplaces. RE: Protect Minority-Owned Marijuana Businesses and their Workers. You can read the full letter below.
Representatives with the United States Small Business Administration (SBA) have reaffirmed that state-licensed cannabis businesses are ineligible for financial aid opportunities because marijuana remains classified as a schedule I controlled substance. The majority of these businesses are small-to-medium in size.
Legislation will take effect next week expanding protections for state-qualified medical cannabis patients. It strengthens patient protections by explicitly stipulating that registered cannabis consumers may not be denied public assistance, access to firearms, or certain types of employment solely based upon their patient status.
There are loopholes written into the language that will allow individual municipalities to reject the law and keep medical cannabis illegal in their jurisdictions, and the bill limits cannabis businesses to operate in industrial or agricultural zones, which limits patient access. ASA strongly opposes both of these provisions.
Included in the language of the bill is HR 1595: The SAFE Banking Act, which amends federal law so that explicitly banks and other financial institutions may work directly with state-legal marijuana businesses. The majority of these businesses are small-to-medium in size. But at the federal level, they are being cast aside by Congress.
Attorneys Generals from 34 states and territories sent a letter today to Congressional leadership urging members to expeditiously pass The Secure and Fair Enforcement (SAFE) Banking Act so that state-licensed cannabis business can explicitly engage in relationships with banks and other financial institutions.
December 2022, I published a 6-part series titled, “What Illinois cannabis patients really want” to start a dialogue about the large gap between patients’ needs, wishes, concerns, and recommendation for improving the Medical Cannabis Patient Program (MCPP) and the actual amendments to the law legislators have introduced.
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. Continue reading NM judge calls for increased purchase limit for medical cannabis patients at The NM Political Report.
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.
Since before adult-use legalization, the hundreds of thousands of qualified medical patients in Illinois have had only 55 dispensaries to chose from, and the lack of access to specific medical needs, especially in southern Illinois, has forced several patients to drive 2-hours or more to purchase medicine.
As reported earlier , HB4161 focuses mainly on safety concerns, including permits, licensing, testing, taxes, and a new Hemp Social Equity Fund, but HB4161 also contains amendments that would affect registered Illinois medical cannabis patients and cottage hemp operators as well. Seeds may not be given or sold to any other person.”
Advocates are discouraged, businesses are frustrated, patients are disheartened, and frankly I am getting a little tired of it! Policies, like patients, get infected if they stay in triage for too long. Almost every conversation I have had in 2023 with medical cannabis stakeholders has been full of doom and gloom.
“In those majority of states that regulate aspects of the cannabis market, it is crucial that patients, consumers, and employees are able to continue to engage in this marketplace in a manner that comports with current health and safety as safely recommendations, such as physical distancing.
The NM Political Report | Medical Cannabis Program
APRIL 1, 2020
But because of the COVID-19 pandemic, a medical cannabis industry group in New Mexico is urging patients and producers to cancel events related to the once-in-a-century occasion. Continue reading NM cannabis business group forgoes largest sale day of the year at The NM Political Report.
The explicit language barring patients from “smoking” would be removed. Patients and their caregivers could also apply for a permit to cultivate and process their own cannabis for their own personal medicinal use, with undetermined restrictions to be left to regulations put forth by the OCM.
Banking has been a hurdle for cannabis businesses since the birth of the industry. Despite the fact that these businesses are state-legal, financial institutions have historically hesitated to work with them due to cannabis’ federally illegal status. It also did not normalize federal taxation for businesses within the sector.
It took until late 2017 for the first Maryland dispensary to open for business. By the end of 2018 there were almost 60,000 patients, and nearly $100 million had been taken in the first year of sales. By the end of 2018 there were almost 60,000 patients, and nearly $100 million had been taken in the first year of sales.
The Pennsylvania cannabis market is highly coveted among cannabis business license-holders. While Keystone State’s Medical Marijuana Program is booming with over 400 thousand active medical cannabis patients—Pennsylvania is primed to expand into an explosive adult-use market serving approximately 8.8 1,779 approved practitioners.
NM Political Report writes… 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. For years, New Mexico cannabis patients have been limited to 230 “units” in a rolling 90-day period.
Medical marijuana (MMJ) dispensaries play a crucial role in providing patients with access to the cannabis products they need for managing various health conditions. Visiting an MMJ dispensary comes with a set of unwritten rules and etiquettes that patients should be aware of. This is a legal requirement in many states.
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.)
17 December… A New Mexico state judge ruled on Thursday that medical cannabis patients cannot purchase the same amount as non-patients when recreational-use sales begin. Prior to the Cannabis Regulation Act, the only way to legally possess cannabis in New Mexico was to be a medical cannabis patient.
Patients, renters, the poor, people of color and women are still marginalized for their cannabis use, despite legalization,” said Martinez. Patients with incurable or chronic illnesses must be allowed by the Oregon Medical Marijuana Program to be issued a lifetime card if a qualifying physician recommends their cannabis use.
The Sensible Enforcement Of Cannabis Act essentially would give peace of mind to lawmakers, regulators, 149,000+ workers, and the millions of patients and consumers who are dependent on the normalization of lawful marijuana markets.
The bills would also allow for the expungement of certain prior convictions, delivery of medical marijuana to qualified patients, and restructures the medical marijuana licensure process to eliminate the requirement that business be vertically integrated. Send a message to your lawmakers in support of strengthening patient protections.
26, 2021 (GLOBE NEWSWIRE) — Simplifya (“Simplifya” or “the Company”), the leading regulatory and operational compliance software platform serving the cannabis industry, announced it launched a suite of compliance solutions for cannabis businesses in Utah. DENVER, Aug.
Georgia medical cannabis patients will soon have greater access to treatment as cannabis oil will be sold in many more pharmacies. Eligible patients registered with the state’s Department of Public Health can purchase cannabis oil from Georgia’s independent pharmacies.
Legislation is pending, Senate Bill 165, to establish a medical marijuana access program for qualified patients with a physician’s recommendation to access medical marijuana from licensed retail outlets. It would not allow patients to smoke herbal marijuana or vape, but would allow forms including pills, oils, lozenges and patches.
I started volunteering some time for Americans for Safe Access (ASA) , the country’s largest non-profit patient advocacy organization promoting safe and legal access to medical cannabis. After weeks of being turned down again and again from major businesses, I felt alone and discouraged.
Over one-quarter of the US population now lives in a jurisdiction where the retail sale of cannabis products to adults is legally regulated by state statute and 33 states have legalized the sale of marijuana to qualified patients. Despite this reality, the Senate refuses to act. As the Chairman of the powerful Senate Banking Committee, Sen.
“Interstate commerce is good for both patients and consumers, as it will decrease the amount of time it takes for recently enacted medical programs to see products on the shelves and increase the variety of consumer options in both the adult-use and medical marketplaces,” NORML Political Director Justin Strekal said.
The Illinois Department of Agriculture (IDOA) and the Division of Cannabis Regulation announced today an official Metrc implementation timeline for licensed cannabis businesses transitioning from BioTrack to Metrc as Illinois’ track-and-trace data system. To move items into Metrc, plants and packages will need Metrc RFID Tags.
Medical marijuana patients and people who work in the fledgling industry rallied at the Oklahoma state Capitol on Friday to show support for the state’s marijuana laws and to call for increased transparency from the state entity that regulates cannabis. . The Oklahoman reports. The lawsuit was not publicly available at press time.
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. Legislation is pending, Assembly Bill 2355, to protect registered medical marijuana patients from employment discrimination. AK resident?
Here is a closer look at what legal cannabis may look like for patients and marijuana users in the state of Maryland. Growing Limits for Medical Patients Medical patients will still be allowed to grow up to four plants, with no more than four plants allowed per household, regardless of how many patients are in the household.
Sunshine Cannabis won the most recent Cannabis Business Awards Most Valuable Brand. I’m a Florida medical marijuana patient, and use cannabis to treat my physical injuries(herniated disc, muscle spasms, pinched nerves) as well as my mental health(anxiety, depression, insomnia etc). The effects of this are quite strong.
During this worldwide health emergency, it is more important than ever that patients have safe, above-ground, uninterrupted access to lab-tested cannabis medicine. It is more important than ever that essential cannabis retailers have equal access to banking and small business financial assistance. ” Download the Resource Guide.
Cannabis Helps Cancer Patients Ditch Opiates, Study Finds. The patients came from 34 states that had not legalized medical cannabis by Jan. The study tracked the patients’ opiate use, seeing how it changed as some of the 34 states legalized medical cannabis over the five-year span. Let’s dive into this week’s cannanews.
Price caps that could favor seriously ill patients/consumers will be an entirely new concept to the cannabis industry, but it’s no innovation. Patients need a vast array of possible dosing combinations, sometimes in the same day. The reality is that cannabinoids have very individualized effects on human beings.
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. Controlled Substance.
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