Cannabis Law Report

JULY 27, 2021

AUSTIN, Texas–(BUSINESS WIRE)– Texas Original Compassionate Cultivation (TOCC), Texas’ leading medical cannabis provider, today announced the opening of its North Austin prescription pick-up location. About Texas Original Compassionate Cultivation.

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Cultivation Medicine Patients Access 105

MJ Business Attorneys

JANUARY 11, 2023

As the legal cannabis industry suffers through a period of distress brought on by global economic woes, along with punitive taxation structures and an oversaturation of products, and plummeting prices, there has naturally been an uptick in internal cannabis business disputes. Cultivation. Cannabis Business Agreements and Structures.

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Business Cannabis Compliance Compliance 246

Kind Meds (Cannabis Education Blog)

JULY 29, 2020

With the election of 2020 fast approaching, it’s essential for Arizona residents to not only know the candidates running for office, but also the legislative measures on the ballot for which they may vote. The AZ Cannabis 2020 movement is centered on the new marijuana legalization ballot up for votes this year.

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Legalization Marijuana Recreational Dispensary 106

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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Business Data Retail Cultivation 52

Cannabis Law Report

AUGUST 24, 2021

–(BUSINESS WIRE)– $ZDPY #Brokerage –Zoned Properties®, Inc. The increasing demand for regulated marijuana cultivation space and consumer products in Arizona has gone far beyond initial projections as the result of the recently approved and implemented adult-use marijuana program. SCOTTSDALE, Ariz.–(BUSINESS

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Cultivation Media Business Events 105

NORML

NOVEMBER 1, 2019

Fifty-six percent of voters last November approved Proposition 1 — a statewide ballot initiative legalizing the adult use, cultivation, and retail marketing of marijuana. Regulators estimate that the first state-licensed retailers will be operational by March 2020.

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Retail Business Marijuana Cultivation 113

Cannabis Law Report

JULY 10, 2019

Cannabis Business Times and Cannabis Dispensary launched the Best Cannabis Companies To Work For—2020. This survey and awards program will identify and recognize the best employers in cannabis cultivation and dispensary markets. Be a publicly or privately held business. • Be in business a minimum of one year. •

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Dispensary Business Research and Development Cultivation 45

Cannabis Law Report

JANUARY 10, 2020

ILLINOIS STARTS 2020 ON A HIGH NOTE. by Akshita Singh and Douglas Sargent | Jan 10, 2020 | Legislation , Recreational Marijuana , Social Equity | Illinois. The IDFPR will issue up to 75 new dispensaries licenses on or before May 1, 2020. We are already beginning to work on those applications.

Banking 59

Banking Dispensary Agriculture Recreational 59

Cannabis Law Report

SEPTEMBER 3, 2021

CHICAGO–(BUSINESS WIRE)– Cresco Labs Inc. wholesaler of branded cannabis products, announced today the closing of the Company’s previously announced acquisition of Cultivate (the “Transaction”). The Transaction also includes space available to further expand cultivation capacity. Transaction Highlights.

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Cultivation Seed-To-Sale Retail Education 98

Cannabis Law Report

AUGUST 27, 2021

26, 2021 (GLOBE NEWSWIRE) — Simplifya (“Simplifya” or “the Company”), the leading regulatory and operational compliance software platform serving the cannabis industry, announced it launched a suite of compliance solutions for cannabis businesses in Utah. DENVER, Aug.

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Compliance Compliance Business Patients 105

Cannabis Law Report

JULY 22, 2021

North Macedonia’s government expects the cannabis cultivation business, which Prime Minister Zoran Zaev says is “very profitable”, to create more jobs and to boost the country’s GDP by an estimated €250mn annually. Export of dried cannabis flowers will take place in accordance with international conventions and European legislation.

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Cultivation Pharmaceutical Media Cannabis 105

Veriheal

APRIL 5, 2022

The Illinois high court has rejected a request to permit further licensing for craft cannabis cultivators for the state’s adult-use marijuana program, which launched in January 2020. Craft cannabis cultivation typically involves growing cannabis in small batches, and the farming practices used are organic and sustainable.

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Cultivation Cannabis Safety State Laws 52

Cannabis Law Report

FEBRUARY 16, 2022

cultivation facility in Phoenix, Arizona. The facility strengthens Trulieve’s presence in the cornerstone market of our Southwest hub, as well as expands our cultivation capacity. (CSE: TRUL ) (OTCQX: TCNNF ) (“Trulieve” or “the Company”), a leading and top-performing cannabis company in the U.S., Trulieve will pay $13.75

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Cultivation Supply Chain Events Patients 52

Cannabis Law Report

AUGUST 5, 2021

cultivation and production facility (the “Facility”) in the Village of Matteson , Illinois, located outside of Chicago. With this announcement, we mark the beginning of a multi-phase expansion project to create the largest cannabis cultivation and manufacturing Facility in Illinois, one of the country’s fastest growing cannabis markets.

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Cultivation Agriculture Dispensary Tincture 98

Cannabis Law Report

AUGUST 16, 2021

The Company closed the first phase of its multiphase expansion project of an up to 558,000 square foot new cultivation and production facility in Matteson, Illinois. To that end, as CEO, I am more confident than ever in our strategy, fundamentals, asset base, and current growth ramp of our business as we look ahead to 2022.”.

Business 105

Business Dispensary Retail Cultivation 105

SpeedWeed

MARCH 12, 2021

The Ohio Supreme Court told state regulators they can’t just ignore applications to expand medical marijuana cultivation facilities. In an eight-page decision , Ohio’s highest court ordered regulators to either approve or deny Fire Rock’s application in February 2020 to expand its Akron cultivation facility.

Cultivation 52

Cultivation Marijuana Dispensary Programs 52

Veriheal

APRIL 14, 2022

France has officially permitted medical cannabis production and cultivation. Prior to the decree’s publication, France had already been busy importing cannabis products for its medical cannabis pilot program. The post Medical Cannabis Production and Cultivation Now Allowed in France appeared first on Cannabis Central.

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Cultivation Supply Chain Research and Development Programs 52

Canna Law Blog

JANUARY 2, 2020

Though 2019 was indeed busy, the U.S. The next few years will continue to be equally busy and we expect there to be dramatic changes across the board, both good and bad. The next few years will continue to be equally busy and we expect there to be dramatic changes across the board, both good and bad. Hemp CBD Importation.

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Hemp CBD Packaging Agriculture 78

Cannabis Law Report

NOVEMBER 18, 2021

CCB Issues Summary Suspension of Cultivation License. The Harvest Foundation is required to submit a plan of correction to the CCB for approval within 10 business days in order to lift the order and shall not resume operations until the CCB has confirmed deficiencies identified in the order have been corrected. By vegascannabis.

Cultivation 52

Cultivation Seed-To-Sale Compliance Compliance 52

Cannabis Law Report

JUNE 22, 2021

AUSTIN, Texas–(BUSINESS WIRE)– Texas Original Compassionate Cultivation (TOCC), Texas’ leading medical cannabis provider, announced today the expansion of its product line to include Texas-inspired agave lime-flavored lozenges. About Texas Original Compassionate Cultivation.

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Cultivation Tincture Patients Digestion 66

Otherside Farms

OCTOBER 13, 2019

Good news to cannabis enthusiasts as Illinois becomes a legal market for marijuana come 2020 with the passing of House Bill 1438, the state of Illinois has moved to having legal recreational, adult-use cannabis. Only Illinois’ 20 existing licensed medical marijuana cultivation facilities will be licensed to grow marijuana initially.

Recreational 58

Recreational Business Marijuana Events 58

The Blunt Truth

OCTOBER 15, 2020

The six stores open for business brought in almost $100,000 the first day. The Cannabis Legalisation and Control Bill would require the legislature to enact rules for sales, allow adults to buy up to 14 grams of marijuana per day and permit home cultivation of up to four plants per household. Clearly, there was a lot of pent-up demand.

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DEA Hemp Recreational Consumption 95

NORML

JANUARY 9, 2020

With the 2020 legislative session already in full swing in many states, NORML chapters across the country are organizing lobby days to advocate for sensible reform policies in their state. Here’s what’s currently on the books so far: Virginia 2020 Cannabis Lobby Day. 2020 #MarijuanaJustice Lobby Days.

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Decriminalization Policy Patients Legislation 171

Cannabis Law Report

APRIL 29, 2020

Currently, South Africa is one of only three African countries that permit the cultivation of medical cannabis, notes Darryl Bernstein, partner and head of dispute … Read More.

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Business Cultivation Cannabis 59

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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Cultivation Legislation Dispensary Packaging 52

Cannabis Law Report

NOVEMBER 24, 2021

The cannabis business is booming, and it shows no signs of slowing down anytime soon. According to recent statistics, 12% of all Americans are active marijuana users, cannabis sales skyrocketing a whopping 67% in 2020 alone. Launching a successful cannabis business is not likely without a thoughtful plan and business model in mind.

Business 52

Business Cannabis Cultivation Law 52

SpeedWeed

APRIL 1, 2021

2020 Highlights. “We are pleased with the growth we achieved in 2020,” Agrify CEO Raymond Chang said. Through this program, we aim to help our customers by providing them with access to capital, leading-edge technology and the industry expertise they need to consistently cultivate high-quality products.

Research and Development 52

Research and Development Hydroponic Data Cultivation 52

The Blunt Truth

FEBRUARY 13, 2020

It was a busy week for the states, as Virginia moved towards decriminalization. A bill to allow possession and home cultivation cleared the House Criminal Justice and Public Safety Committee. Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.

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Decriminalization CBD Hemp Safety 105

Cannabis Law Report

MARCH 23, 2020

On Thursday, March 19, 2020, Governor Gavin Newsom issued a stay at home order to protect the health and well-being of all Californians and to establish a consistent approach across the state to slow the spread of COVID-19. This order went into effect on Thursday, March 19, 2020, and is in place until further notice.

Business 59

Business Retail Food Agriculture 59

Cannabis Law Report

NOVEMBER 17, 2021

million in Q3 2020, increased 48% year over year, and decreased 4% sequentially as compared to Q2 2021. million in Q3 2020, representing an Adjusted EBITDA margin of 23% as compared to an Adjusted EBITDA margin of 22% in Q2 2021. Cultivation and Production Facility in Matteson, Illinois. Systemwide Pro Forma Revenue of $33.1

Business 52

Business Cultivation Dispensary Retail 52

Dykema (Cannabis Law Blog)

SEPTEMBER 30, 2021

As a result, opportunities for tax savings for state-legal cannabis businesses are often few and far between. Indeed, the Michigan Department of Treasury has published Revenue Administrative Bulleting 2020-17 that seems to confirm that these exemptions apply to marijuana growers and processors.

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Cultivation Agriculture Business Cannabis 40

SpeedWeed

MARCH 7, 2021

These companies offer solutions designed for cultivators, manufacturers, retailers etc. In our 2020 Point of Sale Report we highlighted the intense competition in this market with 68 vendors battling it out and 50% of the market owned by just three firms. Many pundits have claimed that cannabis was the big winner in the 2020 election.

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Seed-To-Sale Data Compliance Compliance 52

Cannabis Law Report

MARCH 30, 2020

March 23, 2020. On Thursday, March 19, 2020, Governor Gavin Newsom issued a stay at home order to protect the health and well-being of all Californians and to establish a consistent approach across the state to slow the spread of COVID-19. This order went into effect on Thursday, March 19, 2020, and is in place until further notice.

Business 59

Business Retail Food Agriculture 59

MassRoots

MAY 5, 2020

The legislation, called the Cannabis Legalization and Control Bill , aims to establish a legal system and framework for regulating the possession, use, sale, and cultivation of cannabis in New Zealand. “It pic.twitter.com/SP2ezHgjJj — Chlöe Swarbrick (@_chloeswarbrick) April 30, 2020. This referendum is now in your hands.

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Cannabis Law Report

JUNE 19, 2021

The global medical cannabis industry was estimated to be worth around US$21 billion in 2020, with very high estimated annual growth rates over the next five years as an increasing number of countries approve its use. billion for 2020, with expected global sales of US$ 55.9 billion in 2026. Mr. Carl Heinrich Bruhn.

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Cultivation Seed-To-Sale Cannabis Agriculture 66

CannaTech

AUGUST 9, 2020

In the first half of 2020, CBD companies are experiencing a loss in revenue due to store closures and consumer concerns about Coronavirus and their finances. billion in sales in 2020, with 14% growth over 2019 sales of $4.1 Pharmacy holds the second largest share with a 14% share in 2020, up from 10% in 2019. COVID-19 Impact.

Wellness and Beauty 52

Wellness and Beauty CBD Pets Extraction 52

SpeedWeed

JULY 21, 2021

Based on January-to-January growth, from 2020 to 2021, BDS Analytics predicts that 2021 solventless sales could hit $62.5 million in 2020 to an anticipated $30.6 You can tailor your cultivation vertical toward this new solventless venture. And sales are not slowing down. million in California. . million in 2019 to $17.8

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Cultivation Concentrates Hash Extraction 52