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The latest “drop” comes in the form of an August 1 memo from the Washington State Department of Agriculture (“WSDA”) titled Restrictions on the use of hemp CBD as a food ingredient. According to the WSDA, Hemp-CBD is not approved as a food ingredient.
At the state level, the North Dakota House of Representatives defeated a decriminalization bill on the House floor by a narrow 43-47 vote. Arizona Governor Doug Ducey signed legislation into law this week permitting the production of industrial hemp in accordance with the new federal regulations. Your Highness, Carly. Actions to Take.
HR 420 (yes, you read that right): The Regulate Marijuana Like Alcohol Act would deschedule cannabis from the Controlled Substances Act, thus permitting state governments to regulate these activities as they see fit. Welcome to the latest edition of NORML’s Weekly Legislative Roundup! Earl Blumenauer (D-OR). Your Highness, Carly.
Last month, South Carolina’s Attorney General Alan Wilson’s office issued a letter to the Chief of the state’s Law Enforcement Division. South Carolina, like many other states, regulates the cultivation, handling, and processing of hemp. It distinguishes between raw hemp and “hemp products.”
Specifically, the first paragraph of the guidance states that “[y]ou should consult with an attorney to determine how and where you’re able to sell your product.” Unfortunately, that does not mean that sellers of these types of products should just wing it, given the proliferation of CBD online and in retail stores.
– Leafly and similar sites will be able to resume contracting with Florida medical-marijuana operators to allow patients to order products online, under a ruling issued Monday by an administrative law judge. The memo said the services were prohibited under a 2017 law that set up a structure for the Florida cannabis industry.
These states haven’t made major headlines for their progressive cannabis policies, but together they constitute a major market that has, nevertheless, dipped its toe in the water. The law provides for up to 12 cultivator licenses, up to four processor licenses, up to four dispensary licenses, and up to five integrated facility licenses.
TerrAscend operates a 140,000 square foot cultivation and processing facility in The Garden State. “We Add that to the first Cookies retail experience, located in the shadow of the famous ‘Bada Bing’ from The Sopranos, this launch is going to be epic on every level!”. BOONTON, N.J.–(BUSINESS About Cookies.
The complicated tax landscape, obstructive rules and regulations, federal illegality of the plant, societal stigma and the everchanging regulations across each state make for a difficult, but immensely rewarding, business venture. One commonality among all states is cost. The good news is that it doesn’t have to be navigated it alone.
Today, I intro’d the #StatesReformAct a turnkey federal tax and regulate framework for existing statelaws. Nancy Mace (R-SC) is sponsoring the bill—titled the States Reform Act—along with a handful of initial Republican cosponsors. Frequently asked questions about the States Reform Act, a proposed marijuana bill.
Cannabis consumption must occur in designated areas of the premises and each enclosed portion of the premises must meet specified ventilation requirements in addition to satisfying existing state and local building codes. Consumers will be permitted to bring into a cannabis lounge cannabis items purchased from an adjoining retailer.
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] 1] [link]. [2]
PUBLISHER: CANNABIS LAW REPORT. The Court stated: “Our precedent is unambiguous. We are constrained by the law, and Congress has not carved out an exception in IRC Sec.280E 280E for businesses that operate lawfully under Statelaw. If you wish to re-publish this story please do so with following accreditation.
Many legal cannabis suppliers and retailers are being forced to operate in a cash-intensive market due to federal laws that limit access to traditional banking. And this is particularly concerning for the legal cannabis market that’s expanding to $12 billion in sales this year, with projections to reach $30 billion in four years.
based CBD retailer, manufacturer denied Rule 11 sanctions against wellness company. Law 360 (sub. Advocates said the bill contradicts federal law, which currently allows hemp products to be sold with 0.3% Atlanta law firm seeks court order declaring chemical related to intoxicating ingredient in marijuana is legal.
In The Weeds welcomes the new year, as well as a number of new cannabis laws and policies taking effect around the country in 2022. Below is a list of statelaw updates to look forward to this year. 1, Montana permits retail marijuana sales for adults 21 and older. Montana: As of Jan. Louisiana: As of Jan.
Medicinal cannabis has been available in the State of California for many years, but now recreational use is beginning to thrive as well. The best quality cannabis seeds are available from across the world without any laws prohibiting the use. Reaching this point of legalization has taken quite a journey.
(“Grown Rogue” or the “Company”) (CSE: GRIN) (OTC: GRUSF), a multi-state cannabis company with operations and assets in Oregon and Michigan, reports record pro-forma revenue of $2.75M, helping to drive the sixth consecutive quarter of positive adjusted pro-forma EBITDA 1,3 of $0.5M for the three months ended April 30, 2021.
While it may seem like state legalization is a green light for cannabis businesses to open up on every corner, it’s not quite that simple. Examples such as these underscore the importance of thoroughly researching the statelaw and local laws of a community before selecting one for your cannabis business.
Grown Rogue” or the “Company”) (CSE: GRIN) (OTC: GRUSF), a multi-state cannabis company with operations and assets in Oregon and Michigan, reports unaudited fourth quarter results. The company gained market share in both Oregon and Michigan as our customers and retail partners value our quality, consistency, and service. MEDFORD, Ore.–(BUSINESS
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. Here’s What Vermont’s Legalization Law Allows—and Doesn’t. RELATED STORY. The Top 10 Cannabis Stories of 2018. RELATED STORY.
In turn, states have the option to maintain primary regulatory authority over the crop cultivated within their borders by submitting a plan to the USDA. This federal and state interplay has resulted in many legislative and regulatory changes at the state level. States are (mostly) consistent when it comes to hemp production.
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. Ed Keating: Yeah.
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?
In fact, the seed-to-sale producer doesn’t even make edibles. If you see a product for sale with our logo outside a licensed Arizona dispensary, it ain’t us.” . Our license allows us to sell only in the state of Arizona, only to licensed (cannabis) dispensaries,” Slosburg said. It was his own company’s logo. .
The cannabis and hemp industries have different laws and many different players. As the cannabis industry grows, business gets more competitive, and that includes the competition to get noticed in cannabis license holders’ email inboxes. . Cannabis and Hemp License Holders Are Not the Same. Your results will be much better!
As more countries legalize or decriminalize the cultivation, manufacture, sale, and use of cannabis, companies across a variety of industries are looking for opportunities to capitalize on this emerging market. Selinger cites software, point-of-sale systems, and packaging as areas that are thriving in the state.
States prepare hemp plans for submission to the USDA. The House Education & Labor Committee approved a bill to repeal the Higher Education Act Aid Elimination Penalty, a federal law that has stripped college financial aid from hundreds of thousands of students with convictions for cannabis or other drugs.
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