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Welcome to the latest edition of NORML’s Weekly Legislative Roundup! Arizona Governor Doug Ducey signed legislation into law this week permitting the production of industrial hemp in accordance with the new federal regulations. Click here to email your Representative and urge them to support this important legislation.
Welcome to the latest edition of NORML’s Weekly Legislative Roundup! Roers Jones, who sponsored the recently defeated decriminalization bill, is trying to get her language inserted as a part of separate legislation. Send a message to your federal lawmakers in support of this important legislation. Your Highness, Carly.
Welcome to the latest edition of NORML’s Weekly Legislative Roundup! Governor Mark Gordon (R) of Wyoming signed industrial hemp production legislation into law. Governor Mark Gordon (R) of Wyoming signed industrial hemp production legislation into law. Your Highness, Carly. Actions to Take.
2021 LEGISLATIVE WRAP-UP. There was a flurry of cannabis legislation in 2021. We had some successes, one big heartbreaking loss, and fought back some dangerous tax legislation. Supporting plant diversity by allowing producers to receive cannabis seeds from any source within Oregon, up to 200 per month.
The sponsor of AB 2691, Assemblyman Jim Wood, said, “The focus of the legislation is to help legal cannabis farmers who grow less than one acre of cannabis get consumer recognition for their unique products as the state has done for its craft beer, artisan wine, and family farm industries.” Hope for Small Farmers and Cultivators.
After lengthy debate and an array of public input, Mexico finally released details of its draft legislation, which is set to go to a vote soon, according to Marijuana Business Daily. Mexico’s legislation is not a carbon copy of Canada’s. One key goal in the draft legislation is similar to those enacted by states like Illinois.
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.
Spain’s cannabis market is a diverse mix of Spanish and foreign-owned companies selling everything from seeds, fertilizer and grow lamps to hemp-infused beers and CBD tinctures, oils, and creams. They cannot sell any cannabis product with a tetrahydrocannabinol (THC) content higher than 0.2% Rumors, Statements and Raids ??
One of the trends driving sales is consumer preference for edibles and concentrates. During the first six months of 2018, cannabis concentrate unit sales rose by a whopping 94.6 per cent, while edibles unit sales have rose more than 13 per cent. per cent rise in sales of dried bud.
Ten new bills have been introduced in the state House of Representatives, with another 18 carried over from the 2019 legislative session after stalling or being deferred. Based on state legislature filings, 2020 may be just as dramatic for the marijuana industry. Department of Agriculture to “impose” its own program on the state.
Without new emergency legislation or more permanent action, the program expansion will expire on Feb. Lawmakers’ goal behind both pieces of emergency legislation has been to encourage participation in D.C.’s On July 6, 2022, Washington, D.C. implemented a revolutionary emergency amendment to its medical cannabis program.
They provide intelligence to help all aspects of the business – from seed to sale – succeed and grow. The magazine focuses on the most relevant news, political happenings, cannabis legislation, horticultural advancements, among others. It is truly a labor of love to put out a regular print publication. A Different Leaf.
Because delta-8-THC only occurs in miniscule quantities in hemp and marijuana, you’re more likely to encounter synthetically produced delta-8-infused products such as oils, tinctures, different types of edibles, and even dried cannabis flowers. Sound too good to be true? It is, unfortunately. What is delta-8-THC. El Roi/123rf).
A broad coalition of cannabis industry groups came together to work with the OLCC on common sense legislative updates to support business operations and protect public health and safety. Last year Oregon cannabis retail sales hit a record-breaking $1.1 Last year Oregon cannabis retail sales hit a record-breaking $1.1
In some European countries, cannabidiol can be used in medicines, but not for commercial sale, while in other countries, both commercial and medical use is legal, but growing them is considered illegal. Cannabidiol can be made into edibles and oils. The sale of CBD oil-based products is illegal in some countries.
The sale of cannabis products with THC, CBD or a combination thereof that exceeds the limit authorized by the IMC is prohibited – it is not clear what the criteria will be in this regard. Industrial : covers the sale, import and export, and must be compliant with the laws of the destination or origin foreign country. General Purpose.
Virginia has by legislating through the budget, legalized retail marijuana, we are just going to call it ‘hemp,’” Delegate Dawn Adams, who spoke against the budget language, told Virginia NORML. “All NORML writes 1 June 2022. Dawn Adams speaks in opposition to the new misdemeanors during floor debate. During the April veto session, Gov.
The legislation must also be passed by the Alabama House of Representatives and signed by Republican Gov. The commission would also maintain a seed-to-sale tracking system to monitor the production, distribution, and sale of regulated cannabis products. The bill, SB46 , was approved by a vote of 21 to 10.
Concurrent with closing, the Company’s Fall River retail location has transitioned to medical sales only. Concurrent with closing, the Company’s Fall River retail location has transitioned to medical sales only. The Transaction also includes space available to further expand cultivation capacity. About Cresco Labs Inc.
An Alabama legislative committee approved a bill on Wednesday that would eliminate jail time as a punishment for marijuana possession offenses. Herbal or smokable forms of cannabis and edibles such as baked goods and candies are not permitted by the act. Medical Marijuana Also On The Table In Alabama.
Nearly a year after the passage of Marijuana Regulation & Taxation Act (MRTA), New York state authorities are only now starting the process of crafting a regulation structure for commercial cultivation, processing and sale. The first licenses are still months away. Impatience is growing among aspiring entrepreneurs.
Sunnyside Philadelphia will feature 10 points of sale with more than 5,500 square feet of space and an array of medical cannabis products displayed by form and function. We’re delighted to begin bringing the Sunnyside retail experience to medical patients in downtown Philadelphia.”. Friday and Saturday. About Cresco Labs Inc.
The Alabama medical marijuana legalization measure goes into effect immediately, although providers will have to be licensed by the state before legal medicinal cannabis sales begin. This is certainly a sensitive and emotional issue and something that is continually being studied,” Ivey said in a statement about the legislation. “On
The Oregon legislative Task Force on Cannabis-Derived Intoxicants and Illegal Cannabis Production is exploring potential reforms to the state’s regulation of cannabinoid products and legislation for 2023 to combat what law enforcement believes is an increase in illicit marijuana production.
Many states levy a marijuana excise tax in addition to the regular state sales tax. Adult-use retail sales: Purchases are not subject to any statewide cannabis tax, although some municipalities do charge a cannabis excise tax. There is no statewide retail sales tax in Alaska. Local municipalities may impose a local sales tax.
With more MMJ patients than in any other state, the Oklahoma MMJ industry is booming with sales of more than $350 million through the end of last year. With this type of growth, some people estimate that the state’s revenue could reach as high as $700 million a year in sales from MMJ products in the future.
It will feature unique product activations, 21 points of sale and plenty of space to serve patients and customers on high-traffic days when baseball games, concerts and large-scale events are taking place next door,” said Charlie Bachtell, Cresco Labs’ CEO & Co-founder. “To the former site of Chicago’s celebrated John Barleycorn bar.
As the medical market continues to grow and as legislators develop plans for adult-use, we are increasing our depth in the key state of Pennsylvania to strengthen our wholesale leadership while growing profitability and scale through new retail. “As The Transaction is expected to close in Q4 of 2021. “As Approximately 52,000 sq.
With the flexibility to continue to leverage non-dilutive funding options like sale-lease-back agreements, we are well-positioned to continue executing on our strategy to build the most important, enduring company in U.S. Sale-and-Leaseback. cannabis.”.
CLR is pleased to announce we have a new correspondent reporting regularly from the front lines in Florida. We rarely see informed and investigative articles either from the Florida press or law firms so we’re very pleased indeed to have Heather onboard to guide us through the complexities of what’s happening in the state.
How will tourism and cross-border sales affect revenue? States are taxing legalized recreational marijuana with a general retail sales tax, a marijuana-specific excise tax, or both. An excise tax is on the sale of a specific good or service. How will the price for recreational marijuana fluctuate? in taxes for each ounce.
While the strong Florida medical marijuana Crusaders marched forward, the state itself and the legislators who comprise the Rear Battalion lost some footing. . Vertical integration allows a company to control all factors of production, from seed to sale in terms of the cannabis trade. AUTHOR: Heather Allman.
Across the country, retail stores and medical dispensaries are seeing large revenues, despite the even larger burden of regulations and the persistent federal prohibition of the practice. One of the first states to legalize recreational marijuana was Colorado, followed by Washington and Oregon. 1] [link] ; [link]. [2] How do I start a dispensary?
As the medical market continues to grow and as legislators develop plans for adult-use, we are increasing our depth in the key state of Pennsylvania to strengthen our wholesale leadership while growing profitability and scale through new retail. “As The Transaction is expected to close in Q4 of 2021. “As Approximately 52,000 sq.
As another example, Michigan’s Prop 1 made it legal for 792 towns and cities to sell cannabis, but 39% of those cities used hyper-local measures (city legislation) to block cannabis businesses. . This article is the first in a series called, “So you want to start a canna biz?” created in partnership with Good Tree Capital.
My personal year in cannabis began on New Year’s Day, when I waited in line along with countless other Californians to buy some cannabis on the first day of legal adult-use sales. RELATED STORY. The Top 10 Cannabis Stories of 2018. Or that Big Tobacco just invested $2.4 billion dollars in the weed business ( f**k!). RELATED STORY.
I wanted to drop a line today on an interesting piece of cannabis legislation moving through the Oregon legislative session. This is a very different SB 353 than its placeholder from back in January when I published our annual Legislative Forecast and Report. The bill at issue is omnibus SB 353 (most recent mark-up here ).
The bill also sets caps of 800 milligrams for edibles and eight grams for concentrates. Only then can Minnesota growers legally plant seeds. All in all, insiders do not expect adult-use legal sales to start until summer to fall of 2024. Currently, the Senate bill directs license applications to be available Jan.
Noting these concerns, industry participants have asked the Minnesota Office of Cannabis Management ( OCM ) and their local legislators to consider opening cultivation and production of cannabis products early, in order to supply retailers with legal products to sell once licenses are awarded and retailers open for business.
As it turns out, edibles also affect women differently, and Dr. Bone explains the ‘start low and go slow’ method that they should be approached with. What then, can be done about things like anxiety, pain, insomnia, fibromyalgia, endometriosis, and other women’s health issues? EG: Hi, I’m Elana Goldberg. CP: I’m Dr. Codi Peterson.
xii] They are “statutory”; in other words: Whether and to what extent deductions shall be allowed depends upon legislative grace; and only as there is clear provision therefor can any particular deduction be allowed. [xii] Deductions. But what is the distinction between a business expense deduction and an adjustment for COGS?
Noting these concerns, industry participants have asked the Minnesota Office of Cannabis Management ( OCM ) and their local legislators to consider opening cultivation and production of cannabis products early, in order to supply retailers with legal products to sell once licenses are awarded and retailers open for business.
CBD oil is finding its way into a variety of products, from tinctures and drops to CBD-infused edibles and CBD balms, as well as a wide range of cosmetics. states have instituted legislation to regulate its cultivation and allow its use as medicine. An example of the most common CBD Products can be found here. Administering CBD Oil.
MMJ sales via dispensaries are expected to total $200 million-$300 million in 2018, according to projections in the Marijuana Business Factbook 2018, up considerably from an estimated $20 million-$40 million in 2017. This summer brought daily cannabis-related news and the hits just keep on coming. 1, 2017, to 159,107 as of Dec.
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