Cannabis Law Report

MARCH 6, 2022

Famous names such as Mike Tyson have got involved in the marijuana business, and it no longer has any stigma attached to it. Then in 2016, the law was changed again to allow recreational marijuana to be introduced to dispensaries. To be sold legally, a marijuana dispensary has to be fully licensed and they are regulated.

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Dispensary Law Marijuana Recreational 59

Veriheal

FEBRUARY 15, 2024

Her Denver-based dispensary, Simply Pure , made history in 2010 as the first Black-owned and veteran-owned dispensary in the United States. James Opens First Ever Black-Owned Dispensary in 2010 From the start, Wanda James was already performing inspiring feats. Their first dispensary was known as the Apothecary of Colorado.

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Dispensary Edibles Education Advocacy 122

Canna Law Blog

NOVEMBER 3, 2020

The Oregon secondary market for cannabis licenses and businesses remains lively. We have been helping industry buy and sell these businesses since 2016. Generally speaking, that’s an odd metric for business valuation: the other place you will commonly see revenue pricing is tech and software. First, some context.

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Dispensary Retail Business Cannabis 91

Cannabis Law Report

NOVEMBER 29, 2021

Though Californians voted to legalize adult use marijuana in 2016, it remains largely unavailable in some of the biggest cities in the state. Out of the 482 cities in California, 174 of them allow some form of licensed cannabis business, says Hirsh Jain of Ananda Strategy. The Sacramento Bee reports.

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Retail Dispensary Supply Chain Access 52

SpeedWeed

AUGUST 23, 2021

11, as part of his official duties, Kerr voted on ordinances governing zoning regulations in the city and served on Adelanto’s Cannabis Dispensary Permit Committee, which determined the number of dispensary permits that would be issued and which applicants would receive them. 5, 2016, Kerr deposited a $5,000 check—dated Nov.

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Business Dispensary Cultivation Banking 52

Cannabis Law Report

MARCH 20, 2023

has left the 2023 budget short by more than $3 million, prompting city leaders to expedite the process to get businesses up and running. 64 in 2016, legalizing cannabis for adult use with […] Via NugMag The slow pace of opening retail cannabis stores in Fresno, Calif. is being considered for change.

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Cannabis Law Report

DECEMBER 7, 2021

Beatty told Forbes her goal for Josephine & Billie’s was to create a dispensary that honors Black America’s history with cannabis. California legalized recreational marijuana in 2016, according to the New York Times. Black and brown people own less than one percent of all licensed businesses. See their Insta.

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Dispensary History Recreational Business 52

SpeedWeed

MARCH 14, 2021

Rhode Island announced this week that the state Department of Business Regulation will begin accepting applications Friday from businesses hoping to win a license to operate one of six additional medical marijuana dispensaries. This is big news as there are only 3 dispensaries in the state now. Key Findings.

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Retail Dispensary Media Data 52

MMJ Recs

JULY 20, 2021

In 2016, a new state law was introduced that allowed for compassionate medical cannabis to be used lawfully in Pennsylvania. After approval, many people may think that they can head to the nearest dispensary and pick up their medication. Can anyone go into a dispensary in PA? But is that really the case? Read on to find out.

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Dispensary Access Conditions Patients 52

Canna Law Blog

FEBRUARY 22, 2024

California has a population of nearly 40 million , six years of cannabis licensing, but only has about 1,200 licensed dispensaries. The problem is that many California cities still prohibit cannabis licensing, even in places where a majority of the locals approved the state’s recreational cannabis program in 2016.

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Dispensary Access Recreational Legalization 95

Cannabis Law Report

AUGUST 26, 2021

Authorities want to know if businesses or individuals attempted to sway politicians or bureaucrats with gifts, money, job offers or campaign contributions to obtain licenses. Since Nevada’s 2016 vote to legalize recreational marijuana, the state’s licensing process has been embroiled in controversy and lawsuits.

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Dispensary Recreational Cultivation Cannabis 111

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.

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Business Dispensary Hemp Agriculture 52

SpeedWeed

MARCH 26, 2021

More than 10 million businesses advertised their products and services on Facebook during the third quarter of 2020. Unfortunately, almost none of those ads were cannabis businesses or cannabis-related businesses. At any moment, Facebook could shut down a cannabis business’ Facebook Page without notice.

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Business Advocacy Education Cannabis 52

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.

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Dispensary Research and Development Safety Recreational 52

Canna Law Blog

MAY 18, 2023

Instead, dispensaries collect up to a twenty percent sales tax (17 percent state + 3 percent local) for each marijuana item sold. Here’s an easy example: A dispensary that has $1 million in sales owes $200,000 in sales taxes. Here’s an easy example: A dispensary that has $1 million in sales owes $200,000 in sales taxes.

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SpeedWeed

AUGUST 6, 2021

As a cannabis law professor and a legal analyst for emerging cannabis businesses, I often am asked that very question. Also placed in motion, and announced by Connecticut’s administration, regulated adult recreational sales by dispensaries would begin the following year. California (2016). Maine (2016). Nevada (2016).

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Dispensary Recreational Legislation Legalization 52

SpeedWeed

FEBRUARY 20, 2021

The North Dakota House of Representatives has endorsed a bipartisan bill that would allow the state’s eight medical cannabis dispensaries to sell edible products. Voters overwhelmingly approved a ballot measure legalizing medical marijuana in 2016 despite opposition from many Republican politicians. View original article.

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Edibles Business Marijuana Patients 52

Cannabis Life Network

JUNE 21, 2023

Recreational legalization came in 2016. It also breaks down the state’s arbitrary segregation policy that prevented recreational dispensaries […] The post Nevada: World Leader in Cannabis appeared first on Cannabis | Weed | Marijuana | News. The bill doubles the limit on cannabis possession and purchases.

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Recreational Policy Dispensary Cannabis 77

Cannabis Law Report

FEBRUARY 1, 2019

Halston launched her career in the Denver area, starting off in the beverage industry, where she began to develop her sales and networking skills with an eye for marketing and business development. In 2016, Halston assisted in the foundation of a cannabis tech startup and was personally responsible for bringing in more than $1.7

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Law Seed-To-Sale Business Events 67

Veriheal

JANUARY 1, 2024

Ohio’s Cannabis Landscape: Current Status and Future Outlook Ohio’s medical marijuana program, first launched in 2016 , brought legal access to patients managing certain debilitating conditions, but it took three years for dispensaries to open up due to regulatory challenges. Too low, and budgets lose out.

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Recreational Supply Chain Legislation Cannabis 112

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.

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Dispensary Programs Legislation Recreational 56

Cannabis Law Report

MARCH 23, 2022

The policy order eliminated the tax, currently part of Massachusetts state law, in a move to “support the viability” of recreational dispensaries in Cambridge, according to an early version of the policy order. The city’s first recreational dispensary, Yamba Market, will open to the public next week. percent excise tax and a 6.25

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Recreational Dispensary Policy State Laws 52

Cannabis Law Report

JANUARY 13, 2022

Under the new law, dispensaries and medical cannabis businesses are also subject to stricter requirements, such as those addressing advertising practices. Maine Appeals Out-of-State Cannabis Dispensary Ruling. District Court ruling that overturned the state’s residency requirement for medical marijuana dispensary licenses.

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Dispensary Law Concentrates Patients 52

SpeedWeed

APRIL 10, 2021

Here, we’ll cover is how much it costs to open a cannabis business, including fees, applications, and other specifics of the cannabiz. Earlier in our canna biz series , we introduced future cannabis business owners to an important formula for making a profit. Savvy business owners contain costs while maximizing revenue.

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Business Wellness and Beauty Cannabis Legalization 52

Cannabis Law Report

JANUARY 11, 2019

Since legalizing medical marijuana at the ballot box in 2016, Florida voters have watched an ongoing saga of political and legal battles over the implementation of their vote. Judge Karen Gievers ruled that the limit on the number of dispensary retail locations allowed per medical marijuana business licenses is unconstitutional.

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Law Marijuana Dispensary Retail 68

Cannabis Chronicles

DECEMBER 23, 2018

Farmers and entrepreneurs are racing to start commercial grow operations, and the state is issuing licenses to new patients, growers and dispensary operators at a frantic pace. I think we really are the wild, wild West in many respects,” said attorney Sarah Lee Gossett Parrish, whose firm in Norman represents several cannabis businesses.

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Marijuana Dispensary Retail Legislation 100

Cannabis Law Report

JULY 29, 2022

According to Hanging Gardens owner Steve Kenney, Pennsylvania’s 2016 law legalizing medical marijuana law said only five companies can have both dispensary and grower/processor permits, and no company can operate more than 15 retail locations. I consider the Pennsylvania medical marijuana program to be in collapse,” Kenney said.

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Marijuana Retail Dispensary Programs 52

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.

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Business Marijuana Seed-To-Sale Patients 66

Project CBD

JUNE 16, 2023

The result: Cascading business failures across the industry. As for California’s cannabis retailers, numerous industry observers are warning that hundreds of dispensaries will be out of cash and credit by the end of the year. Fatal Flaws When Proposition 64 passed in November 2016, it established 27 voter-mandated goals.

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Supply Chain Retail Cultivation Cannabis 180

Cannabis Law Report

SEPTEMBER 18, 2021

San Bernardino and two cannabis business owners who received permits to operate in town under a controversial 2016 ballot measure have settled extensive and protracted lawsuits. In return, San Bernardino will issue Bamber and Ye the cannabis business permits required of all those currently operating, or hoping to operate, locally.

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Compliance Compliance Dispensary Consumption 52

SpeedWeed

MARCH 24, 2021

With the Eastern seaboard’s most ambitious Adult Use program primed to explode, New Jersey’s Superior Court Appellate Division (“Appellate Division”) just lifted its “stay” on scoring 18 month old Medical Marijuana applications clearing the way for 5 cultivation, 15 dispensary, and 4 vertically integrated license awards. Super. __ (App.

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Programs Business Cannabis Retail 52

Cannabis Law Report

DECEMBER 27, 2019

The OC Register reports… Costa Mesa’s cannabis businesses are asking the city to lower its tax on their operations and allow for home delivery to help them be more competitive. Foley said delivery operations are happening in town – without city regulation – and officials are still playing “whack-a-mole” with illegal dispensaries. “We

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Business Marijuana Retail Dispensary 59

Cannabis Law Report

FEBRUARY 17, 2020

If Florida plans to increase its medical marijuana program through new legislative policies and marijuana dispensary standardized procedures, how exactly do we attempt to accomplish this? DISPENSARIES . It all hinges solely on a vertical integration business model , which includes licensed cannabis businesses in Florida.

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Dispensary Patients Agriculture Conditions 76

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.

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Banking Dispensary Business Collective 80

SpeedWeed

AUGUST 18, 2021

The indictment asserts that Kerr “voted on ordinances governing zoning regulations in the city and served on Adelanto’s Cannabis Dispensary Permit Committee, which determined the number of dispensary permits that would be issued and which applicants would receive them.”.

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Dispensary Cultivation Business Banking 52

Cannabis Law Report

JUNE 7, 2021

It does not include medical cannabis tax revenue, application and licensing fees paid by cannabis businesses, additional income taxes generated by workers in the cannabis industry, or corporate taxes paid to the federal government. This document reviews each state’s adult-use cannabis tax structure, population, and revenue from legalization.

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Marijuana Retail Collective Programs 91

Cannabis Law Report

DECEMBER 2, 2019

Rhode Island’s top medical marijuana regulator hired in 2016 to help reform a decade-old, but loosely regulated program has announced his resignation to accept a new position in New York. Source: The Providence Journal, [link]. We wonder if this Change.org petition had anything to do with his departure.

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