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Nevada Company Cops $565K Fine For Trying To Avoid Seed To Sale

Cannabis Law Report

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. Source: [link].

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Millions Per Month: Why The Missouri Medical Marijuana Business Is Booming

MMJ Recs

It has been a few years since the wheels began turning on the legalization and sale of medical marijuana in the state of Missouri. Even though laws were put into place that legalized MMJ and made it possible for qualifying patients to access the medication, dispensaries and sales had not yet come into play.

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Washington Rolls Out Own Seed To Sale System… Early Reports From Users Say It’s More Crap Than MJ Freeway

Cannabis Law Report

Washington state is rolling out its own marijuana seed-to-sale traceability system after having relied on the private sector for years, but so far, the government-run platform’s debut this month has been less than smooth. Recreational Cannabis. Doing all of this during the holidays is just downright cruel.”.

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Minnesota Legalizes Marijuana For Recreational Use

Dykema (Cannabis Law Blog)

On May 30, 2023, Governor Tim Walz signed legislation to legalize recreational use of marijuana for persons 21 years of age and older. 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.

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Dispensaries Plan To Open Soon Despite Medical Marijuana Mess In Missouri

MedicalJane

Amendment 2, which became effective on December 6, 2018, legalizes marijuana for medical purposes, allows home growing, and imposes a 4% marijuana sales tax. First, Missouri implemented a seed-to-sale system which added many unnecessary layers between growing the plant and selling product to patients. million votes.

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Cannabis Business NAICS & Business Activity Codes

Greenspoon Marder Cannabis Law Group Blog

Around tax time, I get this question a lot: “What is my cannabis business’s NAICS code or Business Activity Code?” The IRS requests your business’s “Business Activity Code” on a tax return filing, which is based on the NAICS code system.

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Akerna Flash Report: Steep Decline in Nevada’s Cannabis Sales

Cannabis Life Network

The post Akerna Flash Report: Steep Decline in Nevada’s Cannabis Sales appeared first on Latest Cannabis News Today - Headlines, Videos & Stocks.