Cannabis Law Report

MAY 26, 2022

The perpetual myth that dispensaries are selling weed to minors refuses to die, but evidence shows this isn’t the case in California. Instead, adult-use dispensaries in the state are proving the system works by checking IDs as required by state law. years prior to legalization (Wong, Clarke, & Harlow, 2016). MRR writes.

Dispensary 52

Dispensary Research and Development Safety Recreational 52

SpeedWeed

FEBRUARY 20, 2021

Oliver shares her personal experiences and lessons learned as a small business owner in the cannabis industry with Cannabis Business Times. RELATED: 6 Cannabis Business Lessons We Learned Too Late. I would have considered it a cost of doing business rather than a nice-to-have. I wish I knew… 1.

Business 52

Business Dispensary Hemp Agriculture 52

Cannabis Law Report

JUNE 7, 2021

Eight of the laws passed in 2020 or 2021, and in seven of those states, licensing and tax collections have not yet begun. Colorado already had a developed medical cannabis regulatory system, and many businesses were able to transition to having both a medical and an adult-use counter. of the population enrolled. 46,104,922. April 2021.

Marijuana 91

Marijuana Retail Collective Programs 91

Connor & Connor PLLC

JULY 19, 2018

The Nevada Dispensary Association (“NDA”), a non-profit trade association, was formed in 2014 with a mission to develop and promote best practices in Nevada’s medical marijuana industry. This bill allowed a limited number of dispensary, cultivation, production, and laboratory establishments to operate in Nevada.

Dispensary 56

Dispensary Programs Legislation Recreational 56

Canna Law Blog

AUGUST 31, 2022

Most lawyers and business owners know that one of the principal reasons to form a business entity is to limit the owners’ and shareholders’ exposure to liability. This is because a fundamental principle of corporate law is that a business has a separate and distinct legal existence from its owners. As the U.S.

Banking 82

Banking Dispensary Business Collective 82

Canna Law Blog

JANUARY 20, 2023

The license application process will be completed electronically on the WA Department of Revenue’s business licensing system, though it is not currently available on the DOR’s website. Did you own or operate a medical cannabis dispensary or collective garden, licensed as a business, prior to July 1, 2016 (10 points)?

Retail 75

Retail History Collective Business 75

Cannabis Law Report

JANUARY 9, 2019

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]. “A

Collective 45

Collective Cultivation Packaging Seed-To-Sale 45

Cannabis Law Report

FEBRUARY 19, 2022

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. Arkansas voters approved a medical cannabis program on November 8, 2016, and the legislature subsequently amended the program through the Arkansas Medical Marijuana Amendment of 2016.

Legalization 97

Legalization Seed-To-Sale Programs Dispensary 97

Cannabis Law Report

JANUARY 7, 2020

Because Taxpayer is a corporation, the Tax Court’s decision will be reviewed by the Court of Appeals for the Ninth Circuit, which is the circuit in which Taxpayer’s principal place of business is located. But what is the distinction between a business expense deduction and an adjustment for COGS? Deductions. Cost of Goods Sold.

Business 66

Business Marijuana Seed-To-Sale Patients 66

Cannabis Chronicles

FEBRUARY 11, 2019

In 2016, 110 Washington drivers died while under the influence of the drug, according to a 2018 report from the state Traffic Safety Commission. In 2016, 26 percent of 12th graders reported using marijuana in the previous 30 days, according to the most recent Washington State Healthy Youth Survey. While legalization across the U.S.

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Legalization Marijuana Safety Policy 100

Veriheal

OCTOBER 24, 2022

Becoming a medical cannabis patient in New York is easier now than it’s ever been since medical cannabis kicked off in the state back in 2016. Before you know it, you’ll have access to medical cannabis dispensaries, where you can purchase quality medical cannabis products. New York Makes It Easier to Become an MMJ Patient.

Patients 75

Patients Dispensary Access Tincture 75

Connor & Connor PLLC

AUGUST 30, 2018

However, marijuana remains illegal under Federal law, and this creates an uncertain landscape for marijuana businesses in the preparation of their Federal income tax returns and in handling an IRS audit. In addition, marijuana businesses must be aware of cash handling issues. Section 280E, Business Expenses, and Costs of Goods Sold.

Business 49

Business Marijuana Banking Collective 49

The Blunt Truth

DECEMBER 31, 2020

In many states, cannabis stores and dispensaries were considered essential businesses. Massachusetts decided that medical dispensaries could remain open, but recreational shops had to close. was just one of several states facing problems with signature collection. Maine , which legalized in 2016, started sales this month.

DEA 109

DEA Decriminalization Hemp Banking 109

Canna Law Blog

SEPTEMBER 14, 2022

Did you own or operate a medical cannabis dispensary or collective garden, licensed as a business, prior to July 1, 2016 (10 points)? Did you own and operate a medical cannabis dispensary or collective garden licensed as a business in a DIA (30 points)? 30 in DIA.

Cannabis 77

Cannabis Collective Retail Programs 77

Veriheal

NOVEMBER 11, 2021

8, 2016, effectively eradicated compassionate care (medical and emotional care for patients with terminal diseases). By collaborating with brands and advocates, Eaze’s new business venture will help implement SB 34, which enables dispensaries to donate cannabis to patients. Gavin Newsom in October 2019.

Programs 98

Programs Patients Access Medicine 98

SpeedWeed

FEBRUARY 25, 2021

Of all the license types available to cannabis business operators, the microbusiness license is among the least issued and discussed. Countless cannabis businesses of varying sizes are vertically integrated, with many holding licenses for multiple activities at the same location. Mandatory licensing launched in early 2018.

Cultivation 52

Cultivation Retail Policy Business 52

Cannabis Law Report

JULY 20, 2021

and certain of its affiliates (collectively, “Nature’s Remedy”), a vertically integrated single state operator in Massachusetts. Nature’s Remedy has two operating adult-use dispensaries, strategically located near popular shopping centers and heavily trafficked highway locations in Millbury and Tyngsborough, as well as a 50,000 sq.

Conditions 98

Conditions Cultivation Recreational Collective 98

Marijuana Lawyer Blog

FEBRUARY 9, 2020

And tax dollars collected from the cannabis industry are already showing great impact across a variety of sectors. Since its passing in 2016, Prop 64 has earmarked its entire cannabis industry tax revenue, minus regulatory costs, to supporting public health, repairing the environment, and bettering public safety.

Marijuana 64

Marijuana Safety Programs Dispensary 64

Cannabis Law Report

JANUARY 10, 2020

However, the strong growth of marijuana sales and new business entrants began to slow in 2017 and 2018, suggesting the industry may be moving into a more mature stage of development. Marijuana Sales and Business Activity in Colorado. Medical sales peaked toward the end of 2016, while recreational sales continued to rise.

Banking 59

Banking Marijuana Collective Recreational 59

Cannabis Law Report

NOVEMBER 29, 2021

StateHouse will have a unique ability to navigate the operating challenges in the state and capitalize on the combined potential of the businesses we are acquiring. Mr. Ravner added: “We are excited about the potential for this business combination. billion by 2025[3]. 3 ArcView 8 th Edition estimate.

Business 52

Business Retail Cultivation Cannabis 52

Canna Law Blog

NOVEMBER 13, 2021

215, I was recently interviewed on KCRW to give my take on how California (and specifically the City of Los Angeles) has done when it comes to legalizing and licensing cannabis businesses. 215 opened the door for a collective model (i.e., Then in November 2016, Prop. On the 25th anniversary of Prop. At the same time, Prop.

Compliance 76

Compliance Compliance Programs Collective 76

The Herb Collective

JUNE 25, 2018

According to Trend Statistics, there are over 2,604,079 medical marijuana patients in 2016, with 19.8 The number of marijuana dispensaries that outnumber Starbucks locations in Colorado, alone is 3 to 1. From 1969 to 2016, the number of people who support the legalization of marijuana has increased significantly.

Marijuana 56

Marijuana Edibles Recreational Strains 56

Cannabis Law Report

APRIL 17, 2019

.” In addition to providing consulting services for local governments, Callton, who said he would never “touch” marijuana himself, helps businesses get approval from Lansing to operate medicinal dispensaries and grow operations. “People thought it was political suicide, but I believe in it,” Callton says.

Hemp 51

Hemp Recreational Medicine Dispensary 51

The Joint Blog

MAY 10, 2020

According to the AP, the recreational marijuana ballot proposal would expand the state’s current medical marijuana law, which was approved by voters in 2016. In my five minute drive to work I think I passed 10 medical marijuana dispensaries that are there and operating because of the previous constitutional amendment,” Muniz said.

Marijuana 43

Marijuana Dispensary Recreational History 43

Canna Law Blog

MAY 19, 2019

In 2016, California voters approved Prop 64, the Adult Use of Marijuana Act, by nearly 2 million votes. In addition to legalizing adult use and possession of cannabis, the law creates a statewide regulatory regime for commercial cannabis activity, but also provides discretion to local jurisdictions to prohibit or restrict such businesses.

Retail 75

Retail Safety Medicine State Laws 75

Cannabis Law Report

AUGUST 12, 2019

These “ methods of consumption ,” otherwise known as cannabis delivery routes , are sold in product form at all of the Florida twelve licensed MMTC dispensaries, including smokable cannabis flower. What Florida state regulation issues have transpired directly pertaining to local dispensaries and ancillary agents?

Marijuana 40

Marijuana Dispensary Programs Patients 40

The Joint Blog

OCTOBER 10, 2019

The underground cannabis business is cutting into the sales and profits of legal businesses. These underground businesses, as the authorities fear, are setting up fields and cultivating pot for export to other states. However, still many pot users are turning into illegal drug dealers not on local dispensaries for supply.

Legalization 27

Legalization Dispensary Collective Data 27

SpeedWeed

SEPTEMBER 15, 2021

As a Black-owned business, Pure Oasis is one of Massachusetts’ thriving equity companies. Owners Kobie Evans, a former real estate agent, and Kevin Hart, a hospital operations director, came up with the idea for Pure Oasis over beers at Slade’s in 2016. Pure Oasis: one of the friendliest shops in the state. AdobeStock).

Strains 66

Strains Dispensary Cannabis Patients 66

Marijuana Lawyer Blog

SEPTEMBER 14, 2018

The senator wanted to get on the books more concrete ramifications for dispensaries who sold marijuana to underage clients. How can marijuana businesses advertise in a way that would not be seen by or not be appealing to children? How far should a business be located from schools? Can they be recommended marijuana by a doctor?

Marijuana 40

Marijuana Dispensary Medicine Safety 40

Cannabis Law Report

OCTOBER 28, 2019

Let us dive right in, how the world order is being affected by canna-business: . In the year 2015, the state of Colorado collected over $135 million worth of taxes from the cannabis trade. Whether it is a dispensary that sells medical-grade cannabis and its products or a cultivator that grows the same, opportunities are immense.

Decriminalization 65

Decriminalization Seed-To-Sale eCommerce Banking 65

Cannabis Law Report

JUNE 1, 2021

Founded in 2016, Sublime is best known for its expansive line of high-potency, high-quality and affordable, Fuzzies branded pre-rolls, a leading brand of pre-rolls in the state of California , as well as vapes and roll-your-own flower kits. The Acquisition is expected to close, subject to customary closing conditions, in July 2021.

Retail 66

Retail Vaping Cannabis Cultivation 66

SpeedWeed

JULY 9, 2021

Data for the study was collected from water use reports from growers licensed to cultivate cannabis and from anonymous farmer surveys. Researchers from the center began studying water use by cannabis growers in 2017, following the legalization of recreational marijuana in California the previous year. Study Data Tells All.

Data 52

Data Agriculture Environment Cultivation 52

Dykema (Cannabis Law Blog)

MARCH 25, 2020

In 2014, individuals began to file applications for registry identification cards, and businesses and entrepreneurs began to apply for dispensary and cultivation center licenses. In all, the State received 214 dispensary license applications and 159 cultivation center license applications.

Chronic Pain 40

Chronic Pain Conditions Patients CBD 40

SpeedWeed

MAY 24, 2021

Weed lovers can save hundreds of dollars per year on legal herb by avoiding excessive “local cannabis business taxes” in California. These complex local charges have gouged consumers at the dispensary sales counter since 2018, when the state switched over from medical marijuana to adult-use pot under Proposition 64. AP File Photo).

Legalization 52

Legalization Business Dispensary Retail 52

Cannabis Law Report

MAY 22, 2019

The new agency would take over regulatory issues ranging from licensing to operation of dispensaries, growers, production of cannabis products and testing. The actual tax collections from medical and retail cannabis products would remain the responsibility of the Department of Taxation. This board will do that.”.

Consumption 40

Consumption Compliance Compliance Legislation 40

Marijuana Lawyer Blog

OCTOBER 25, 2018

Long-time California marijuana lawyers, businesses and policymakers are paying close attention to this November election, particularly in several local conservative strongholds set to decide whether to commercial cannabis should be given the green light to set up shop in their communities. law is fully aligned.

Marijuana 40

Marijuana Banking Business Recreational 40

Cannabis Law Report

OCTOBER 15, 2019

Marijuana deliveries and social use lounges at dispensaries would also be permitted. The bill will provide economic opportunities and cannabis business education for people of all income levels. It also offers grants and loans to people who have been harmed by prohibition that they can use to start their own cannabis businesses. “An

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Recreational Legalization Marijuana Legislation 55