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
Illinois is set to switch its cannabis seed-to-sale tracking system after delivering a Notice of Intent to award a contract to a new vendor. With the new contract, Metrc is poised to take over Illinois’ seed-to-sale tracking for licensed operators. Illinois uses BioTrack as its current track-and-trace vendor.
The Seed to Sale software is designed to amplify operations and automate compliance to promote exponential levels of success, profits, and growth. How Seed to Sale Works. Data Collection: Input data directly off the scale or the warehouse floor, getting it digitized as fast as possible. California. ?
Cannabis businesses in the state of Oklahoma have 90 days to become compliant with the state’s seed-to-sale (S2S) tracking system. Since the filing of this lawsuit last year, businesses have not been required to comply with any type of seed to sale tracking. Cannabis and Oklahoma: A Brief History.
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. Welcome to the latest edition of NORML’s Weekly Legislative Roundup! Your Highness, Carly. Actions to Take. AL resident?
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.
Without compliance boxes checked, the operation will not be able to launch. Missouri legalized cannabis for medicinal use in 2018 and the state collected more than $13 million in application fees alone, stemming from 2,100 total applications. Hiring and partnering with the right people will enable you to reach your goals.
The weakness relates to the collection and remittance of Cannabis Excise Tax [“CET”] and Cannabis Cultivation Tax [“CCT”]. The weakness relates to the collection and remittance of Cannabis Excise Tax [“CET”] and Cannabis Cultivation Tax [“CCT”]. Author – aBIZinaBOX Inc: Jordan S.
On eve of Commission’s fourth birthday, Marijuana Establishments surpass $2 billion in gross sales since retail stores opened in Massachusetts; progress continues to achieve industry goals. Over the first year of adult-use sales , from November 2018 to November 2019, 33 Marijuana Retailers generated $393.7
If you recall, on March 1, the agency filed temporary hemp rules , which brought the ODA’s testing rules for hemp and hemp products intended for human consumption in compliance with those used in the testing of marijuana. Hemp production is incredibly hot right now in Oregon. Clarify and update recordkeeping and reporting.
In a July 24, 2019 dated guidance, Pennsylvania’s Department of Agriculture (“DOA”) announced it will be randomly collecting and testing hemp variety samples from 25% of licensed hemp growers for tetrahydrocannabinol (“THC”) content. If you wish to re-publish this story please do so with following accreditation.
The Chief Operating Officer of BioTrackTHC, Moe Afaneh, gave a high-level overview of the company’s seed-to-sale software for state-level data collection. Individual products available for sale to consumers or patients must meet the state’s packaging and labeling requirements. . Track and Trace for Medical and Adult Use.
The Oneida Indian Nation will oversee the entire business vertical from “seed to sale.”. The entire cannabis operation, from seed to sale, will be operated by the Oneida Indian Nation. Press Release. Oneida Indian Nation to Launch Cannabis Operation.
Seamless data tracking helps operators optimize inventory control, accurately report sales data, and improve cultivation management. The bill also created the Alabama Medical Cannabis Commission to regulate medical cannabis from the cultivation of the plants, to processing and testing the products, to final sales to patients in dispensaries.
II. Proposed Amendments and Additions to Nevada Cannabis Compliance Regulations – Applications. III. Proposed Amendments and Additions to Nevada Cannabis Compliance Regulations – Consumption Lounges. Proposed Amendments and Additions to Nevada Cannabis Compliance Regulations – Consumption Lounges. The agenda.
The government has established a regulated market for the production, sale, and consumption of cannabis. Enforcement of cannabis laws in Uruguay focuses primarily on ensuring compliance with regulations and preventing diversion to the illicit market. The plant has been used for traditional and medicinal purposes for centuries.
These opinions create an opportunity for a cannabis dispensary to exclude from gross revenue a substantial portion of the money collected from cannabis consumers. If you wish to re-publish this story please do so with following accreditation. AUTHOR: aBIZinaBOX Inc. CPAs – Jordan S. PUBLISHER: CANNABIS LAW REPORT.
In the latest episode of the Cannacurio Podcast from Cannabiz Media, my co-host, Amanda Guerrero, and I discuss speak with Lews Koski, Chief Operating Officer of Metrc , a leading seed-to-sale track-and-trace technology company for the cannabis and hemp industries. Press the Play button below to watch and listen to the podcast. ?
The Commission continues to actively monitor the licensee’s compliance with the conditions of the Order including the licensee’s Standard Operating Procedures relative to product recalls and notification to the public. Mycotoxins are contaminants that licensees are required to screen for to uphold public health, safety, and welfare.
The Beyond Compliant name comes from the language of Prop 64, which requires cannabis farmers to be “on the pathway to compliance” in abiding by the state’s new environmental regulations governing marijuana cultivation.” If you wish to re-publish this story please do so with following accreditation. AUTHOR: Heather Allman.
In the cannabis space, you look at a seed to sale organization that is everything from cultivation, manufacturing, all the way to the end user at the dispensary, and being able to house all that under one roof. Press the Play button below to listen to the podcast. ? Cannacurio Podcast Episode 34 Transcript. Welcome to the podcast.
The companies are advertising it as a legal way to get high, touting medical benefits and generally making big promises about what they can deliver, but an investigation from the US Cannabis Council has found illegal levels of delta-9 THC in products for sale around the country. But it can’t really be as bad as it sounds, can it?
On July 21, 2021, NFL superstar wide receiver Julio Jones was named as the lead defendant in a 12-count civil fraud, conversion of assets, breach of contract, and breach of fiduciary duty lawsuit filed in Los Angeles Superior Court relating to a cannabis cultivation operation he co-owns. The case is titled Genetixs, LLC v.
On July 21, 2021, NFL superstar wide receiver Julio Jones was named as the lead defendant in a 12-count civil fraud, conversion of assets, breach of contract, and breach of fiduciary duty lawsuit filed in Los Angeles Superior Court relating to a cannabis cultivation operation he co-owns. The case is titled Genetixs, LLC v.
On July 21, 2021, NFL superstar wide receiver Julio Jones was named as the lead defendant in a 12-count civil fraud, conversion of assets, breach of contract, and breach of fiduciary duty lawsuit filed in Los Angeles Superior Court relating to a cannabis cultivation operation he co-owns. The case is titled Genetixs, LLC v.
On July 21, 2021, NFL superstar wide receiver Julio Jones was named as the lead defendant in a 12-count civil fraud, conversion of assets, breach of contract, and breach of fiduciary duty lawsuit filed in Los Angeles Superior Court relating to a cannabis cultivation operation he co-owns. The case is titled Genetixs, LLC v.
On July 21, 2021, NFL superstar wide receiver Julio Jones was named as the lead defendant in a 12-count civil fraud, conversion of assets, breach of contract, and breach of fiduciary duty lawsuit filed in Los Angeles Superior Court relating to a cannabis cultivation operation he co-owns. The case is titled Genetixs, LLC v.
In the latest episode of the Cannacurio Podcast from Cannabiz Media, I speak with Tony Repanich, President and Chief Operating Officer of Shield Compliance , a comprehensive compliance management platform for banking cannabis-related businesses. Press the Play button below to watch and listen to the podcast. ? Welcome, Tony.
On the one hand, it is proposed that adults should be able to legally cultivate for personal consumption up to four cannabis plants per household from seeds. Now available on the Luxembourg govt website – what you can and cannot do with regards to regulated cannabis. Project modalities. Source: [link]. Growing cannabis at home.
Licensing Agreement with TerrAscend will provide New Jersey with access to Cookies branded products. Additionally, TerrAscend will debut “Cookies Corners” in all three Apothecarium dispensaries in New Jersey. BOONTON, N.J.–(BUSINESS TerrAscend operates a 140,000 square foot cultivation and processing facility in The Garden State. “We
Also during those years, California allowed the collective or cooperative cultivation of marijuana for medicinal purposes. Deductions. All taxpayers – including “drug traffickers” – pay tax only on their gross income, which is equal to the excess of their gross receipts over their cost of goods sold (“COGS”). Deduction v.
Legislators seem both wary and weary of cannabis: the 2023 industry scandals implicating public officials are still fairly recent; and, after ten dynamic years and hundreds of adult use cannabis proposals, bills and laws, the program needs to breathe. Most of it will be scaffolding and maintenance. Just a clarification needed. Makes sense!
The crops grown from seed by Greenheart CBD which is an Irish company owned by Paul Walsh and Mark Canavan. The crops grown from seed by Greenheart CBD which is an Irish company owned by Paul Walsh and Mark Canavan. Presenting Greenheart CBD – a company about to embark on a journey in an industry that is exploding. Paul Walsh.
We’ve been writing a lot on this blog about the regulation and sale of cannabidiol (“CBD”) products at the state and federal levels. The United States is not the only international actor, however, that is concerned with regulating the sale of CBD products, including CBD-infused foods. extracts of Cannabis sativa L.
It is true that the Convention exempted the cultivation of the cannabis plant for industrial purposes (fibre and seed) or horticultural purposes. In Italy the cultivation and the industrial use of hemp has a long tradition and recent changes in law have led to a revival. Cannabis may be used also as medicinal product.
seed round. seed round. The investment allows Birchmount to deepen integrations with leading point-of-sales (“POS”) systems and other solution providers for continued expansion throughout the U.S. Proceeds Will Fuel Market Expansion Across the U.S. OAKLAND, Calif., OAKLAND, Calif., and Canadian cannabis markets. and Canada.
Because of the interest in the North American market, we can expect continued interest in the United States which should lead to further inbound investment. Additionally, the growing experience of U.S. cannabis entrepreneurs along with the desire for investment on the part of U.S. This article will discuss the U.S. Income” tax.[5]
19 August 2019. Authors – Carolyn E. Pepper and Jess Parry. Recently, three British MPs went to Canada on a fact-finding cross-party trip to consider the effects of a more relaxed regulatory environment in respect of cannabis. What substances are at issue? Cannabinoids are the chemical substances found in cannabis.
of Tax and Fee Administration [“CDTFA”] is the administrative agency for business entities that are subject both to Sales Tax, and to Cannabis Cultivation TAX [“CCT”] and Cannabis Excise Tax [“CET”]. The predecessor to CDTFA, the Board of Equalization [“BOE”] was the agency that administered Sales Tax before CCT and CET.
In this week’s edition: Oregon Legislative Assembly passes bill allowing interstate transfers of cannabis, subject to certain limitations, in the event of a federal policy change. Nevada law and California bill propose regulations relating to industrial hemp products, including CBD. Alabama Governor Kay Ivey (R) signed S.B.
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