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)).

Business 59

Business Seed-To-Sale Cultivation Extraction 59

Cannabis Law Report

NOVEMBER 23, 2019

By virtue of an assignment agreement, EuroLife has gained the right to purchase 20% of a to-be-formed German corporate entity (“German HempCo”) of which the assets will consist of the Dresden hemp cultivation complex located near Dresden, Germany. Strategy and Downstream Value Creation.

Cultivation 59

Cultivation Hemp Agriculture Extraction 59

Canna Law Blog

AUGUST 18, 2022

International hemp is big business. We handle these inquiries on a weekly basis, and have since 2018 when the federal government legalized the cultivation of hemp with the passage of the 2018 Agricultural Improvement Act (“2018 Farm Bill”). All licenses outside of cultivation are valid for three years.

Hemp 76

Hemp Seed-To-Sale Cultivation Food 76

Canna Law Blog

JULY 21, 2019

The Agriculture Improvement Act of 2018 (“ 2018 Farm Bill ”) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (“CSA”) and by providing a detailed framework for the cultivation of hemp. million square feet indoors to the cultivation of hemp.

Hemp 91

Hemp CBD Seed-To-Sale Agriculture 91

Canna Law Blog

DECEMBER 8, 2019

The Agriculture Improvement Act of 2018 (“ 2018 Farm Bill ”) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (“CSA”) and by providing a detailed framework for the cultivation of hemp. 195.010 , and legalized the cultivation of industrial hemp.

Hemp 57

Hemp CBD Agriculture Extraction 57

Peninsula Alternative Health

JANUARY 3, 2019

With the passing of the 2018 Farm Bill (also called the Agricultural Improvement Act of 2018), hemp or cannabis sativa has essentially become legal on the federal level, but there are still significant rules and regulations associated with hemp cultivation, processing, and distribution. What does this mean?

Hemp 40

Hemp Agriculture Programs CBD 40

Cannabis Law Report

JUNE 15, 2022

J”) who represent the South African business entities of RSAMMD and Leeds Boerdery. RSAMMD is a South African pioneer in the research, cultivation, production and distribution of medical cannabis and cannabinoids. RSAMMDA.LLC. In South Africa right now, we have just completed our semi-annual grow. concluded Mr. Du Plooy.”.

Dispensary 52

Dispensary Research and Development Seed-To-Sale Extraction 52

Cannabis Law Report

JANUARY 23, 2020

“After taking the first steps towards the liberalization of hemp cultivation over the course of the last few years, at the end of 2018 Thailand’s government decided to legalize medical cannabis as the first Southeast Asian country. Worth of illegal cannabis seized in 2018. Healthcare expenditure 2018. in the 1970.

Research and Development 59

Research and Development Oil Cultivation DEA 59

Cannabis Law Report

MARCH 13, 2019

DKB’s expertise and experience with other regulated industries, especially the alcoholic beverage market, can help make sure businesses get it right. tax code; banking procedures; accounting policies and procedures; licensing; operating policies; outsourced accounting; referrals to ancillary service providers; and general business consulting.

Hemp 71

Hemp Business Banking Concentrates 71

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.

THC 52

THC Business DEA Cannabinoids 52

Cannabis Law Report

JULY 28, 2021

Prior to December of 2018, hemp and all hemp-derived substances (including cannabidiol or CBD) were considered to be a form of “marijuana,” subject to the federal government’s most restrictive regulation under Schedule I of the Controlled Substances Act of 1970 (CSA). Where Things Stand Federally. ” See 7 U.S.C.

THC 105

THC Hemp CBD Cannabinoids 105

Canna Law Blog

MARCH 2, 2019

On February 27, 2019 both the Food and Drug Administration (“FDA”) and the United States Department of Agriculture (“USDA”) provided new insights and guidance related to their proposed regulatory processes for hemp under the 2018 Farm Bill. The USDA has started to gather information to begin the process of rulemaking.

Hemp 98

Hemp CBD Programs Food 98

Cannabis Law Report

NOVEMBER 19, 2019

Total cannabis job opportunities increased 79% from 2018 to 2019, and an estimated 211,000 full-time employees will make up the legal cannabis industry in 2019. High-demand positions in the industry currently include Cultivation Technicians, Trimmers, Budtenders, Brand Ambassadors, Directors of Cultivation, and Delivery Drivers.

Extraction 45

Extraction Cultivation Compliance Compliance 45

Cannabis Law Report

OCTOBER 6, 2021

This is the Company´s largest sale to any customer worldwide since the beginning of the operations in 2018. Given the size of the shipment, the Company estimates that approximately 2.500 patients will benefit from the resultant finished formulas.

Oil 52

Oil CBD Conditions Pharmaceutical 52

Cannabis Law Report

MARCH 28, 2022

THE Island’s status as a pioneer in the cultivation and processing of hemp is under threat after States Members voted to create a country park at Warwick Farm, Jersey Hemp has said. Jersey has been ahead of the curve in hemp cultivation and we need to keep that advantage or we will get swallowed up by the emerging UK market.’.

Hemp 52

Hemp Cultivation Environment Medicine 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.

Business 66

Business Marijuana Seed-To-Sale Patients 66

SpeedWeed

JULY 29, 2021

For businesses in the country, it’s a move that increases the growth potential of the nascent cannabis industry. The new decree also allows manufacturers to produce goods such as oils, extracts, textiles or food containing “non-psychoactive cannabis”—so long as they are limited to biomass containing less than 1% of THC. Advantages.

Media 52

Media Business Law Seed-To-Sale 52

Cannabis Law Report

JUNE 15, 2022

Materia is one of many other operators that have recently established a headquarters in Malta since the legislation permitting the production of medical cannabis products for research and medical purposes was enacted in 2018. ZenPharm, ASG Pharma and Panaxia Pharmaceutical MPXI are already licensed for their business in Malta.

Research and Development 52

Research and Development Clinical Trials Pharmaceutical Packaging 52

Veriheal

DECEMBER 28, 2022

Thailand legalized medical cannabis back in 2018, when it became the first country in Asia to permit the herb’s use for medicinal and industrial purposes. Extracts with a THC content exceeding 0.2% It is against the law to import cannabis and hemp extracts, cannabis and hemp parts, and all hemp-derived products.

Decriminalization 109

Decriminalization Consumption Recreational Hemp 109

Cannabis Law Report

APRIL 30, 2019

Although denied many standard “risk management tools” (like credit cards, bankruptcy law protection, and federal patents and trademarks), assembling a “risk management insurance, accounting and legal advisory team” could prevent an insufficiently prepared marijuana related businesses from foundering. . investing $3.88

Business 45

Business Marijuana Compliance Compliance 45

Cannabis Law Report

JANUARY 15, 2019

On June 13, 2018, the United States Tax Court published its Opinion in Alterman & Gibson v. Memo 2018-83. In addition, the taxpayer must have exercised ordinary business care and prudence in determining whether to obtain additional advice based on the taxpayer’s own information and knowledge. See their capabilities reel at.

Business 58

Business Dispensary Cannabis Compliance 58

NORML

DECEMBER 19, 2019

On the 18 th of September 2018, Judge Dennis Davis passed a landmark ruling in the Cape Town High Court that cannabis essentially be decriminalized for private adult use. All of these cups had top-quality entries from local cultivators and processors. Cannabis Law.

Events 152

Events Agriculture Cannabis Retail 152

Cannabis Law Report

NOVEMBER 19, 2019

Economist Clarissa Allen and noted cannabis economist Beau Whitney, of Whitney Economics (WE) , today released the results of “ The Field of Dreams: An Economic Survey of the United States Hemp Cultivation Industry.”. hemp cultivation and processing report. in 2018 was $197 billion. Free comprehensive U.S. cash crops.

Supply Chain 56

Supply Chain Hemp Research and Development Agriculture 56

Project CBD

AUGUST 23, 2023

Solicited by a formal Congressional Request for Information (RFI) on ideas for how to regulate hemp-derived CBD, public feedback included a diverse range of perspectives from businesses, trade associations, and other stakeholders. The amount of hemp under cultivation in the U.S. percent on a dry weight basis.” But the opposite is true.

Cannabinoids 141

Cannabinoids Hemp THC Safety 141

Canna Law Blog

OCTOBER 13, 2019

The Agriculture Improvement Act of 2018 (“ 2018 Farm Bill ”) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (“CSA”) and by providing a detailed framework for the cultivation of hemp. Agriculture Improvement Act of 2018.”

Hemp 61

Hemp CBD Seed-To-Sale Agriculture 61

Cannabis Law Report

JUNE 8, 2021

Michael Kusek founded A Different Leaf magazine in 2018. Cannabis Business Times. Cannabis Business Times was founded in 2014 by Tim Hermes and Noelle Skodzinski. They provide intelligence to help all aspects of the business – from seed to sale – succeed and grow. They are listed in alphabetical order. A Different Leaf.

Wellness and Beauty 90

Wellness and Beauty Terpenes Media Seed-To-Sale 90

Cannabis Law Report

MAY 6, 2019

However, when armed with decent risk management fundamentals, a marijuana related business can diminish most horrible outcomes, fortify the enterprise’s sustained growth, and maybe even get rich along the way. Indentifying marijuana related businesses’ loss exposure. investing $3.88 investing $3.88

Business 45

Business Marijuana Supply Chain Events 45

Cannabis Law Report

JUNE 14, 2019

We wrote about this topic recently , and quoted both a USPS policy statement and an administrative court ruling that hemp and hemp extracts are mailable commodities. Of course, the second requirement is not part of the 2018 Farm Act and is probably unenforceable; however, from a practical standpoint it makes good sense.

Hemp 40

Hemp Compliance Compliance Extraction 40

Cannabis Law Report

JULY 20, 2021

As announced in April 2021, Jushi plans to acquire Nature’s Remedy, one of 146 retail operating licenses, one of the 50 operating cultivation licenses, and one of 46 processing licenses in the Commonwealth of Massachusetts. cultivation and production facility in Lakeville, MA with approximately 19,500 sq. million in cash, US$55.0

Conditions 98

Conditions Cultivation Recreational Collective 98

Cannabis Law Report

FEBRUARY 26, 2019

Long Beach Business Journal reports… The Long Beach Planning Commission on February 21 approved a conditional use permit for a facility to grow, test and distribute recreational cannabis in an industrial area on 15th Street, between Oregon and San Francisco avenues. We do it all.”

Recreational 45

Recreational Conditions Research and Development Cultivation 45

Cannabis Law Report

AUGUST 19, 2021

LDN CBD launched in 2018 to tap into the new market, and is seeking a new round of financing to fund expansion. “We have real expertise in cultivation and extraction in this country,” she added in a report published by drug reform group Volteface. “I’ve seen thousands of people’s lives changed. .

Cannabinoids 105

Cannabinoids Seed-To-Sale Clinical Trials CBD 105

Cannabis Law Report

JULY 17, 2022

LONDON–(BUSINESS WIRE)–Curaleaf International (the “Company” or “Group”), Europe’s largest vertically integrated cannabis company, is pleased to announce that it has appointed Miles Worne as President, effective 11 July 2022. Antonio Costanzo to Remain with the Company to Focus on M&A and Regulatory Affairs.

Research and Development 52

Research and Development Recreational Extraction Cultivation 52

Cannabis Law Report

JUNE 9, 2022

I am excited to announce our new senior leadership and board appointments, which strengthen our leadership team and enable us to drive growth forward for our business,” said Leo Gontmakher, CEO of 4Front. Adams is a licensed CPA and CMA and received a Bachelor of Business Administration in Accounting from University of Wisconsin Oshkosh.

eCommerce 52

eCommerce Cultivation Retail Business 52

Cannabis Law Report

DECEMBER 27, 2021

NASHVILLE–(BUSINESS WIRE)–Credex Corporation (OTC Pink: CRDX) (“Credex”) has appointed Robin McVey as Credex’s new chief executive officer, effective December 2, 2021. An experienced leader and strong business development professional, McVey is responsible for guiding Credex’s growth plan. He is currently retired.

Business 52

Business Retail Dispensary CBD 52

Cannabis Chronicles

MARCH 4, 2019

As a green gold rush in legal marijuana and its non-drug cousin hemp spreads across North America, a growing number of colleges are adding cannabis to the curriculum to prepare graduates for careers cultivating, researching, analyzing and marketing the herb. university, has drawn nearly 300 students from 48 states, Canfield said.

Education 100

Education Research and Development Hemp Programs 100

Cannabis Law Report

MARCH 7, 2019

More than 64,000 of those jobs were added in 2018. It gained another 44% in 2018. Now with 45 employees, the company is moving forward with plans to cultivate, process and sell medical marijuana. “We had to go out of state to find specialists and managers for our cultivation business.

Data 45

Data Legalization Cultivation Education 45

Cannabis Law Report

MARCH 20, 2020

Use business language. ” In closing, remember earlier when I mentioned that “Some of the fastest-growing areas have included financial and legal services, technology, software, and cultivation.” IV: BUSINESS. V: SCIENCE AND CULTIVATION . EXTRACTION. CULTIVATION. Use your eyes. .

Dispensary 64

Dispensary Compliance Compliance Cultivation 64