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Legal Status & Industry Overview 1. Is cannabis legal for business purposes in Australia? Are there any efforts to legalize recreational cannabis nationwide? There are ongoing political discussions and advocacy efforts, particularly from the Legalize Cannabis Party and the Greens. Australia Cannabis Q&A A.
Today, we stood with Representatives Tulsi Gabbard and Don Young as they introduced the Ending Federal Prohibition Act and Marijuana Data Collection Act. Currently, ten states and the District of Columbia have legalized the adult use of marijuana and thirty-three states and DC have medical marijuana programs.
After the state legalized recreational marijuana in March, the lawmakers and advocates who pushed for the law have been criticizing Gov. While most of the state still needs to wait a year or more before sales can begin, some Native American tribes are already moving ahead with legal pot in their territories. City & State NY report.
The rapid growth of the global legal cannabis industry is often described as a “Green Rush,” yet many experts are concerned that this industry is not ‘green’. As more countries legalize cannabis production and the number of consumers explodes, the demand for grow sustainability is mounting. What is a carbon footprint of legal cannabis?
Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. Nevada legalizes cannabis lounges. Could Nebraska legalize medical marijuana in 2022? A previous ballot initiative collected enough signatures, but the state’s Supreme Court invalidated it. california.
We have years of data collected on legal cannabis users … Read More. The post Canada: Manager, Regulatory and Compliance first appeared on Cannabis Law Report. Namaste Technologies began as an international cannabis eCommerce company operating 32 sites in 20 countries.
Seyfarth Synopsis: In the first six months of 2021, several states legalized marijuana for recreational and medicinal purposes, including New York, New Jersey, Virginia, and New Mexico. On June 22, 2021, Connecticut Governor Ned Lamont signed a bill that legalized recreational marijuana use by adults 21 years and older.
After months of negotiation, Governor Murphy of New Jersey and state legislators have reached a deal on what will be included in upcoming legislation to legalize the adult-use and retail sale of marijuana in the state of New Jersey. Members of Minnesota’s Senate Judiciary Committee defeated a legalization bill this week.
As we previously reported , on February 22, 2021, New Jersey Governor Phil Murphy signed three separate cannabis reform bills into law ( NJ A21 , NJ A 1897 , and NJ A5342/NJ S3454 ), formally legalizing the use and possession of recreational marijuana in the Garden State. Other jurisdictions are catching up to the marijuana law frenzy.
Marijuana regulators in Oakland, California, have begun referring a handful of social equity licensees to the city’s collections department after they defaulted on loans intended to help get their companies started. About 60% are “in compliance” with the terms of the loan, according to the report.
Connecticut has become the 19 th state to legalize recreational marijuana use by adults. Employers also should review existing policies to ensure compliance and to maximize flexibility afforded to employers. Employers that engage in drug testing should revisit reasonable suspicion training and manager training to ensure compliance.
Activists in Nebraska, along with two pro-legalization Senators, qualified a 2020 medical cannabis ballot initiative petition to begin collecting signatures from registered voters in the state. A marijuana legalization proposal in Hawaii was defeated after it failed to pass through two committees before a key deadline last week.
Any applicants whose prospective employer is a party to a valid collective bargaining agreement that specifically addresses the pre-employment drug testing of such applicants. This rapidly evolving legal landscape presents new challenges for employers, especially multi-state employers.
Ohio State Legal Studies Research Paper No. Here are our ten recommended amendments in short form, recognizing that none are an adequate solution on its own: Use revenue collected by 280E to create a fund providing capital for businesses owned by people harmed by the War on Drugs. Ohio State Legal Studies Research Paper No.
Nevada’s legal cannabis industry sees more than $1 billion in taxable sales for FY21 – $159 million transferred to the Distributive School Account (DSA). This is what Nevadans expected since the legalization of recreational marijuana,” Governor Steve Sisolak said.
The Hawthorne Collective to Invest $150 million in Canadian-based RIV Capital. To that end, The Hawthorne Collective will provide a $150 million convertible loan to Toronto-based RIV Capital (TSX: RIV) (OTC: CNPOF), a cannabis investment and acquisition firm currently listed on the Toronto Stock Exchange. MARYSVILLE, Ohio, Aug.
Starting April 1st, Cannabis Operators Face CEQA Compliance Requirements for State Licenses. For many in the cannabis industry, April 1, 2022 is seen as a day of reckoning following the July 2021 passage of Assembly Bill 141 and Senate Bill 160 (collectively, the Cannabis Trailer Bill). Tuesday, April 12, 2022. Whitney Hodges.
Treasurer Tyler Klimas, Executive Director of the Nevada Cannabis Compliance Board, At-large board member Steve Marks, Executive Director of the Oregon Liquor and Cannabis Board. As we collectively analyze and respond to emerging issues in the cannabis industry, we will continue to be the preeminent voice in cannabis regulatory policy.”.
Evergreen was caught off-guard during a surprise inspection, which led to a label of non-compliance in August. Not a Good Image for Legal Cannabis. . The post Evergreen Medical Supply Penalized by Health Canada for Non-Compliance appeared first on WeedAdvisor. WeedAdvisor’s Business Solutions Address Key Areas. .
The term does not include industrial hemp, as defined in state law, that is grown, dealt, or processed in compliance with state or federal law, unless it has been acquired and formulated with cannabis plant extract by a pharmaceutical processor. Next Steps for Employers.
Many cannabis businesses enter legal disputes without realizing how much time, money, and risk they are taking on. This blog post will not only explain why cannabis companies face so much litigation but also how you can protect your business from becoming another case in an already overburdened legal system.
Although ACS Laboratory foresees federal legalization for cannabis in the future, it may be years before national laboratory standards are created. Using the data collected, ACS Laboratory extracted the strictest requirements per category to create the National Hemp Testing Panel and corresponding Certificate of Analysis.
While we’re on the topic of dramatic legal changes, it’s probably a good idea to talk about a California privacy law that’s about to take effect and require many cannabis and hemp companies across the nation to dramatically change their business practices—the California Consumer Privacy Act (or “CCPA”).
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. Without compliance boxes checked, the operation will not be able to launch. In order to be a legal cannabis business, companies will need to pay up. Compliance.
Italian officials certified on Wednesday that activists collected enough signatures to place a marijuana legalization referendum on the country’s ballot this spring—though there’s still one more procedural step before the measure will officially be on its way to voters.
The weakness relates to the collection and remittance of Cannabis Excise Tax [“CET”] and Cannabis Cultivation Tax [“CCT”]. When the Distributor role was created, the California Legislature decided to place the majority of the collection and remittance responsibility on it [1]. The amount of cultivation tax.
Federal Legalization – Then What? Let’s think through a couple of scenarios and have a peek at the landscape in a post-legalization world. Federal Legalization – Then What? Will the mandate for the DEA be changed to oversee another special agricultural legal crop or a medicine ?
WSDA will apply the measurement of uncertainty (+/- 0.06%) outlined in the USDA’s interim hemp rules to the reported THC concentration to determine if hemp material is in compliance with the 2018 Farm Bill. Certifying that the WSDA has resources to undertake the Plan. The Plan also includes a detailed sampling protocol for testing hemp.
Cannabis remediation is the process of removing or reducing undesirable elements, contaminants, or pathogens from cannabis products to ensure the products safety, quality, and compliance with regulations. Testing for Illinois cannabis producers is stricter than in most other legal states, and Illinois notoriously has dry dispensary cannabis.
Maureen West, Chief Compliance Officer for Functional Remedies LLC. Launched in November 2019, Hemp Grower’s mission is to support licensed hemp cultivators in the newly legal U.S. The post UCANN Drops Patent Lawsuit Against Pure Hemp Collective appeared first on SpeedWeed. Louis Vega, Founder and CEO of ¡WEPA!
The new law legalizes cannabis possession up to one ounce, as well as cultivation of up to four personal plants per household, but requires that the grower tags their plants with their driver’s license/ID and a note saying that they are being grown for personal use. In July and August of 2020 , there were 257 arrests. View original article.
CLR contributor, Brian Cusack, writes… The legalization of cannabis in Ireland has become a popular discussion around the world. While countries like Canada, Uruguay, and some states in America have legalized recreational cannabis, this isn’t a trend that has reached Ireland yet. or none at all to qualify with legal status.
And this isn’t for lack of want — in fact in 2017 some forward thinking dispensaries had collection boxes for these products, although without scale they wound up just hoarding them as well. The only way to achieve this scale is to use dispensaries as the collection points, much like some were already doing back in 2017.”
The 15% excise tax on cannabis sales would remain, and the collection and remittance of that tax would be limited to retail sales beginning January 1, 2023. Gavin Newsom introduced proposed revisions to his 2022-2023 budget proposal, which would eliminate the cannabis cultivation tax rate beginning July 1, 2022. per ounce of flower, $3.00
Examples for allowable uses for the Cannabis Loan Funds include rent, payroll, purchase of equipment, purchase of inventory, regulatory compliance expenses, payment of fines or penalties, certain legal expenses, and employee training. The Department also collects confidential information for oversight and monitoring purposes.
With all the chatter surrounding Canada’s recovery and America’s progress in establishing a functional legal marijuana industry, another country’s story ended up on the backburner. A Stressful Legalization Deadline. . Unlike legalization in every other country to date, Mexico’s reforms were forced upon the government.
is bursting with various legal and regulatory concerns from the top EU agencies to the individual EU states. In addition to the array of legal and regulatory concerns about the sale of Hemp CBD products in the EU noted in our above-linked post, the EU’s General Data Protection Regulation (“GDPR”) is something that almost any U.S.
Any applicants whose prospective employer is a party to a valid collective bargaining agreement that specifically addresses the pre-employment drug testing of such applicants. This rapidly evolving legal landscape presents new challenges for employers, especially multi-state employers.
As such, compliance with the TCPA was already difficult for even the most established industries and companies. The law also has some reach, essentially imposing strict liability even when the texts/calls are made by a third party marketing company on behalf of their client. In April 2019, Eaze initially agreed to a $1.75
This puts the onus on banks to vet their customers to ensure compliance with hemp laws and regulations. Some things that the joint guidance expressly requires banks to do are to have BSA and anti-money laundering (“AML”) compliance programs commensurate with the level of complexity and.
Leung at Arizona State University, the study explored differences in the approach to contaminants across legal cannabis states. Dr. Maxwell’s team also collected data contained in samples sourced from California. Department of Agriculture (USDA) applies to other legal consumer products. Led by Dr. Maxwell C.K. 74 solvents.
(LAS VEGAS, NV) – Today, the Nevada Cannabis Compliance Board (CCB) released its annual demographic study of Nevada’s cannabis industry. Demographic data collection and reporting will assist the CCB and the State in its efforts to prioritize diversity and inclusion in the legal cannabis industry.
The premier CPA firm servicing organizations in the legalized medical and recreational cannabis industry is looking for a Tax Director/Partner. We provide technical and business advisory expertise to our clients in tax compliance, financial and business consulting, and accounting services. Public accounting: 5 years (Preferred).
Attorney General, Jeff Sessions, rescinded all former Department of Justice guidance on federal enforcement of the Controlled Substances Act in states with legal cannabis. Unless you’ve been living under a rock, you know that the “collective model” died on January 9 of this year, and it’s not coming back.
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