Cannabis Chronicles

JULY 1, 2019

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. To succeed, you need more than a solid business plan and ace team (though those are crucial, too). Legal weed generated $10.4

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MMJ Recs

AUGUST 29, 2022

Missouri legalized medical marijuana in 2018. The first MMJ dispensaries in Missouri opened for business in 2020, and since then, the MO dispensaries list has quickly grown from a small handful to almost 200. So what are the best dispensaries in MO? How do dispensaries work in Missouri?

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Cannabis Law Report

AUGUST 25, 2021

AUSTIN, Texas–(BUSINESS WIRE)– Texas Original Compassionate Cultivation (TOCC), Texas’ leading medical cannabis provider, today announced it has partnered with Vertosa, a science-first cannabis company that creates the most effective and reliable active ingredients for infused products. About Vertosa.

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MedicalJane

MAY 21, 2020

Although medical cannabis has technically been legal in Missouri for over a year and cards have been issued, patients are still waiting desperately for dispensaries to open across the state. On November 8, 2018, Missouri became the 31st state to legalize medical marijuana. In Sarcoxie Nursery Cultivation Center LLC, et al.

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MMJ Recs

DECEMBER 15, 2020

Medical marijuana became legal in Missouri in 2018. The first MMJ dispensaries opened and began selling medical marijuana to Missouri MMJ card holders in October 2020. Not all licensed dispensaries have opened for business yet. Louis has several brand new MMJ dispensaries. Are Missouri Dispensaries Open?

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MMJ Recs

AUGUST 30, 2021

In 2018, Amendment 2 was passed, making medical marijuana in the state completely legal. Even though laws were put into place that legalized MMJ and made it possible for qualifying patients to access the medication, dispensaries and sales had not yet come into play. How many dispensaries are licensed in Missouri?

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SpeedWeed

JULY 21, 2021

From July 2017 to June 2018, the state saw $529,851,245 in taxable medical and adult-use cannabis sales, a figure that has steadily increased to $719,216,651 during the current fiscal year, which includes sales data from July 2020 to March 2021, according to the Nevada Department of Taxation. They’re flexible and ready to pivot.”.

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MMJ Recs

DECEMBER 31, 2020

Oklahoma City is home to some of the best medical marijuana dispensaries not just in OK, but in the entire United States. Oklahoma medical marijuana laws only came into effect in summer 2018. Image by cheifyc on Pixabay : Oklahoma City medical marijuana dispensaries are some of the best in the US. Living Leaf Dispensary.

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Cannabis Law Report

MARCH 30, 2022

VISTA — To alleviate pressures on cannabis businesses, the City of Vista cleaned up its rules to return hundreds of dollars in overpayments back to local dispensaries, and to collect some missing fees. Cannabis business owners must pay an annual tax in order to operate in the city of Vista. Read more [link].

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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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SpeedWeed

SEPTEMBER 17, 2021

The Farmer’s Wife celebrated the grand opening of its third dispensary in Missouri’s developing medical cannabis market Aug. Brodsky spent the last decade working in the cannabis industry in California and Colorado before returning home to Missouri shortly after the state legalized medical cannabis in 2018.

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SpeedWeed

JULY 21, 2021

The lotteries, scheduled to be held in July and August, will determine who receives licenses for 185 adult-use cannabis dispensaries across the state. . The third lottery, to be held on August 19, will be held among top-scoring, tied applicants for the original 75 dispensary licenses authorized by the CRTA, which were delayed by legal action.

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SpeedWeed

MAY 18, 2021

What are investors looking for when they consider investing in cannabis businesses today, and what are the biggest mistakes companies make when trying to attract investors and secure funding? What Cannabis Business Investors Want. Other top considerations included the business plan, past performance, and future potential.

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SpeedWeed

AUGUST 23, 2021

Kerr, who served as Adelanto’s mayor from 2014 to 2018, was expected to make his initial appearance at the U.S. 29, 2016, the Adelanto City Council held a public discussion related to an ordinance, including discussion of “overlay zones” within which medical cannabis dispensaries would be located. For example, on Nov.

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Cannabis Law Report

JULY 2, 2021

NEW YORK–(BUSINESS WIRE)– Columbia Care Inc. The purchase option agreement was first announced in 2018. In October 2018, Columbia Care and CannAscend entered into a Membership Interest Purchase Option Agreement. Combined with its existing facilities in Mt. About Columbia Care. jurisdictions and the EU.

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SpeedWeed

MARCH 9, 2021

Retail licenses for Oklahoma’s medical cannabis program declined 8% in 2020, the first contraction for the open-license market since MMJ sales began in 2018. market for dispensary licenses grew 12%, with other large, mature markets such as California, Colorado and Oregon continuing to add retail licenses in 2020, Cannabiz Media reported.

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SpeedWeed

SEPTEMBER 16, 2021

The Farmer’s Wife celebrated the grand opening of its third dispensary in Missouri’s developing medical cannabis market Aug. Brodsky spent the last decade working in the cannabis industry in California and Colorado before returning home to Missouri shortly after the state legalized medical cannabis in 2018.

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Cannabis Law Report

JUNE 15, 2022

Johannesburg, South Africa, June 13, 2022 (GLOBE NEWSWIRE) — Republic of South Africa Medical Marijuana Dispensaries Acquisitions LLC (“RSAMMDA.LLC”) is pleased to announce it has closed on the acquisition of Protext Mobility, Inc (OTC PINK: TXTM) (A.K.A. June 13, 2022 08:04 ET |. Source: RSAMMDA.LLC. RSAMMDA.LLC. About RSAMMD.

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Illinois News Joint

OCTOBER 18, 2023

Although grow supply stores already have been openly selling seeds and clones, especially after the passing of the Agriculture Improvement Act of 2018 (Farm Bill), by law, Illinois medical patients have to purchase seeds from Illinois dispensaries. Seeds may not be given or sold to any other person.”

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SpeedWeed

MARCH 8, 2021

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. Non-compliant businesses face the risk of being shut down and attract negative attention to the cannabis industry. Cutting across these categories is the team.

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SpeedWeed

MARCH 23, 2021

Today, we’ll focus on picking the right place for your weed business. How to choose a place for your cannabis business in 3 steps: Determine where you’re allowed to go. Local government will play a role in determining if and how your business operates, so get to know your city managers, town council members and the zoning authority.

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Cannabis Law Report

MARCH 21, 2020

In reading §280E any taxpayer would fret that income taxes would be calculated on all gross receipts! Even though §280E disallows all credits and deductions with respect to business trafficking in controlled substances, the Supreme Court has allowed us some deductions, i.e., the cost of goods sold deductions. 173 (2007)).

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Connor & Connor PLLC

NOVEMBER 27, 2019

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. Many of the dispensaries, especially in Nevada, are seeing their efforts pay off. How do I start a dispensary? 1] [link] ; [link]. [2]

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MJ Business Attorneys

JULY 24, 2019

It is a scenario that frustrates legal cannabis businesses and law enforcement alike. While places like Colorado, unlike Ontario, have an abundance of legal dispensaries, illegal grow operations continue to exist. Owners, managers, and employees of marijuana businesses all need to be licensed.

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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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Canna Law Blog

NOVEMBER 8, 2022

no individual or entity may have an ownership interest in more than 18 adult use dispensaries. no individual or entity may have an ownership interest in more than 18 adult use dispensaries. no individual or entity may have an ownership interest in more than 18 adult use dispensaries.

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Cannabis Law Report

JUNE 10, 2021

As Forbes reports, the transaction, if approved by regulators, will create one of largest cannabis companies in the US , expanding Trulieve’s footprint to 126 dispensaries and 22 cultivation facilities across 11 states. 2018: KEY YEAR FOR GAETZ AND TRULIEVE. Trulieve CEO Kim Rivers. billion medical marijuana industry.

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SpeedWeed

MARCH 21, 2021

Industry stakeholders disagree over if it is federally legal and whether it presents a market opportunity for hemp and cannabis businesses. It also plans to expand its cultivation and dispensary operations into West Virginia and Massachusetts. He says he believes it is most commonly converted from CBD. Legal Status.

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SpeedWeed

MARCH 14, 2021

The two dispensaries have reopened under another brand name.). A December auction of vertically integrated operator CWNevada’s business licenses should conclude what participants believe is among the largest financial collapses of a marijuana company in the United States. The sale generated $12.4 Receiver appointed in 2019.

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Veriheal

AUGUST 29, 2023

This decision by the state’s Cannabis Control Board was made to help cannabis cultivators earn a return on their investment. This was shortly after the pandemic when it was discovered that despite the lockdown, cannabis growers and dispensaries still found ways to get their products across to their customers. billion by 2025.

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Veriheal

MARCH 31, 2022

Cannabis businesses in the state of Oklahoma have 90 days to become compliant with the state’s seed-to-sale (S2S) tracking system. Originally, this was going to happen much sooner, but attorney Ronald Durbin representing Dr. Z-Leaf Cultivation filed a lawsuit back in April of 2021. Talk about options!

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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. 24:6I Et Seq.

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Cannabis Law Report

DECEMBER 24, 2021

MWG Holdings Group, Inc announced today that they have acquired Oz Distribution and added a wholesale distribution business. These acquisitions will expand their businesses to serve all retail dispensary customers and deliver quality curated cannabis products to all customers in California at all levels. “We

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Veriheal

OCTOBER 1, 2021

Los Angeles prosecutors have announced that they will be expunging 58,000 cannabis-related convictions dating back to 1975, bringing the total number of expunged convictions in LA County to around 125,000 since cannabis was legalized in California in 2018. ” Let’s dive into this week’s cannanews.

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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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Veriheal

SEPTEMBER 21, 2022

We take pride in our in-house cultivation, global varieties, and a full lineup of strain-specific products.” Back in 2018, Thailand became the first Asian country to permit medically prescribed cannabis. Thanks to the new law, Thai residents can legally cultivate the plant for personal consumption. . Hemp2o Water.

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The Blunt Truth

JUNE 13, 2022

It has already been a busy year for marijuana law! The moratorium extends to processing and issuing new licenses for: Dispensaries. The statute: Legalizes possession of small amounts of marijuana and cultivation of up to three mature and three immature cannabis plants per dwelling for personal use. Development. May 26, 2022.

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