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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.
Simplifya Offers a Suite of Comprehensive Compliance Solutions for Cannabis Businesses in New Mexico Ahead of Adult-Use Sales Launch. Company’s Proven Compliance Solution Helps Cannabis Operators Stay Compliant as State Readies Adult-Use Market. They outline best practices and processes for the clients’ entire organization.
Licensed cannabis retailers in Colorado and Washington are highly compliant with state laws refusing the sale of products to minors, according to data published in the Journal of Studies on Alcohol and Drugs. … There are several explanations for this high compliance. .” … Refusal rates exceeded those for alcohol.”
By Oliver Bennett, Special Contributor to New Frontier Data. Once welcomed as a progressive venue forward for adult-use legalization, Barcelona’s cannabis clubs suddenly find themselves in legal limbo, and possible jeopardy of elimination.
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.
Key Report Findings: Consumer sentiment will influence regulations as 66% of cannabis consumers agree that legal cannabis is safer than illegal cannabis, and 77% cite potency as an important factor in purchasing decisions.
based provider of cloud-based, AI-enabled software for drug diversion detection and controlled substance compliance. Invistics will join the company’s Clinical Surveillance, Compliance & Data Solutions unit, part of Clinical Solutions. Invistics’ advanced technology solution fits […]
Pete Ricketts said in March that he opposed medical cannabis because, ‘if you legalize marijuana, you’re going to kill your kids. That’s what the data shows from around the country.’. Teens report using less cannabis amid legalization. A slide from the Washington State Liquor and Cannabis Board’s compliance program.
CCB/DoT Release Annual Cannabis Taxable Sales Data. 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.
Shield Compliance is a comprehensive compliance management platform for banking cannabis-related businesses. The company’s focus is on transforming the way cannabis banks and legal marijuana financial institutions manage risk, comply with regulations, and satisfy operational demands across the United States.
among human subjects, legal knowledge of the laws outlined the Cannabis Act should be distributed to all participants ahead of time. o Respondent checks: Age gates are in place to ensure compliance, and if underaged, then medical licenses must be checked. As legal cannabis is still new in Canada, DIY methods and products are rampant.
This position will serve as a lead regulatory compliance manager for applications, complaints, and enforcement for all Commission matters. The position requires expertise with state government complaints and compliance systems necessary for regulatory compliance oversight of a controlled substance.
Oliver Bennett, Special Contributor to New Frontier Data. In the Netherlands, for example, one may legally possess a few grams of cannabis, while in Slovakia that is not the case. Here’s the map / infographic and a little text to walk you through where NFD think we now sit with cannabis in the EU & the UK.
The study in JAMA Pediatrics evaluated just how regulations designed to protect minors have held up in the five years since voters legalized cannabis. Assessment of Recreational Cannabis Dispensaries’ Compliance With Underage Access and Marketing Restrictions in California. Research Letter. August 16, 2021. Author Affiliations.
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.
Data Manager. The Data Manager, under the direction of the Director of Data Analytics, will be responsible for managing, manipulating, analyzing, and modeling data to support the Commission’s research agenda, licensing, and compliance decisions. Deadline to apply: March 31, 2022 by 5:00 p.m.
Our California cannabis attorneys frequently assist clients with track-and-trace compliance and preparation. This leads me to a post I wrote several months ago on how data breaches are likely to ravage the cannabis industry. The METRC program isn’t yet fully implemented because many operators don’t yet have annual licenses.
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.
Based on her data, Dr. Snyder finds that requiring “Total THC” concentrations not to exceed 0.3%, rather than just limiting ?9-THC, Alarmingly, she concludes that farmers in states that have not legalized marijuana will not be able to grow strains of hemp for CBD because the “Total THC” in hemp CBD strains by nature exceeds the 0.3%
September 30, 2022 Together with the Nevada Cannabis Compliance Board (CCB), the Nevada Department of Taxation (DoT) released figures showing more than $965 million in taxable sales reported by Nevada’s legal cannabis industry over a 12-month period.
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.
This data helps Californians understand the work we have ahead of us in realizing the promises of cannabis legalization, including supporting access to a safe, legal, and equitable cannabis market across the state and combating the unregulated, illicit market”. The data tool can be found on the DCC website here: [link].
Supreme Court has decided not to help resolve an ongoing legal battle between the Internal Revenue Service (IRS) and various cannabis businesses in Colorado. Based on Standing Akimbo’s argument, the IRS lacked the legal power to access the cannabis company’s state tax records amid a federal tax audit. cannabis sector.
This position will serve as a lead regulatory compliance manager for applications, complaints, and enforcement for all Commission matters. The position requires expertise with state government complaints and compliance systems necessary for regulatory compliance oversight of a controlled substance.
The legalization of medicinal and recreational cannabis at the state level has created a growing desire to roll out more products to more consumers. By analyzing this data, growers and businesses can make informed decisions about how to adjust the growing environment to maximize yield and quality.
The price of legal cannabis is a huge turn-off for consumers. But the cost of production and regulatory compliance all add overhead that companies need to cover. Applying both sales tax and an excise tax also does not help consumers or the legal industry. The average price for legal weed fell slightly to $10.23/g
Legal weed generated $10.4 billion in the United States in 2018, and the number of “plant-touching” jobs is expected to pass 500,000 by 2022, according to New Frontier Data, a cannabis market research and data analysis firm. Experts recently dubbed cannabis the fastest-growing industry in the U.S. THE DEVIL IS IN THE DETAILS.
The alliance showcases the strengths of both organizations: Shield Compliance offers a purpose-built AML/BSA compliance management software solution that enables financial institutions to unlock new revenue and scale cannabis banking operations. POSaBIT puts compliance at the center of everything it does. About POSaBIT.
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. Public Health and Data Monitoring. At-large board member Chris Tholkes, Director of the Office of Medical Cannabis at the Minnesota Department of Health.
dba Cova (“Cova”), a leading point of sale (“POS”), inventory and compliance software business serving cannabis dispensary retailers in North America. “We Legal, regulatory, business and financial diligence will need to be satisfactorily completed by both the Company and Cova, as well as other customary conditions and approvals.
Almost three years since the legalization of hemp production in the United States, the U.S. In the meantime, states continue to develop and enhance laws governing the production and sale of consumable hemp products and will likely continue to do so, underscoring the importance of state law compliance. Safety Data Matters.
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.
–(BUSINESS WIRE)– PSI Labs , an Ann Arbor, Michigan-based ISO 17025 accredited Safety Compliance Facility that provides essential cannabis testing services, today announced its expansion into Southern California with the acquisition of pH Solutions, LLC. Monrovia-Based Lab Acquisition Strengthens Cannabis Testing In California.
This milestone speaks to the success of licensees that have interacted with the Commission from the application stage, maintained compliance with our strict regulations, and contribute every day to communities across the Commonwealth. This past May, the Commission launched the license application for Marijuana Delivery Operators.
They write… Notoriously risk-adverse Big Law firms are building cannabis practice groups as a rising number of states legalize recreational and medicinal use, even though the drug remains largely banned under federal law. The legal limbo has been a stumbling block for law firms. The law comes first. are forecast to reach $16.3
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. “A
The Research Analyst, under the direction of the Director of Research, will provide quantitative data analysis and be responsible for managing, manipulating, analyzing, and modeling data for research reports and internal purposes. Deadline to apply: Friday, July 2, 2021 by 5 p.m. Constituent Services Associate.
New Frontier Data say that they recently presented preliminary findings to the Zimbabwean government while working in collaboration with other regulators in the region to finalize what will be the first “rigorous assessments of both risks and opportunities of hemp cultivation in Africa.” More than 30 new legal U.S.
A new report from New Frontier Data delves into the average number of plants that are considered to be “hot” and what the industry could look like in the near future. New Frontier Data released new data on August 5 regarding crops and how many plants have gone “hot,” or exceeded the required limit of less than 0.3 Shutterstock.
Cannabis software and intelligence company, Akerna ( NASDAQ: KERN) , released a new flash report this morning, predicting the 4th of July, 2021 to bring in over $206,000,000 in legal cannabis sales across the United States. . Not everyone has dispensaries up and running yet, so this data doesn’t reflect sales in all 38 legal states. .
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. The Plan also includes a detailed sampling protocol for testing hemp. Hemp as food.
In 2018, Amendment 2 was passed, making medical marijuana in the state completely legal. Since these beginnings in 2014, many other changes surrounding the use and possession of medical marijuana have been put into place in Missouri so the state can provide legal medical marijuana to patients suffering from a variety of approved conditions.
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. 74 solvents. 21 microbes.
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