Cannabis Law Report

AUGUST 20, 2022

Press Release – Friday, August 19, 2022. “I am pleased the Illinois Department of Financial and Professional Regulation fulfilled its statutory requirement and issued these 185 conditional dispensary licenses,” said Mario Treto, Jr., The next phase of the loan program will be launched in the near future.

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Conditions Dispensary Programs Business 52

Cannabis Law Report

FEBRUARY 19, 2022

Alabama legalized medical a medical cannabis program on May 17, 2021 when Governor Ivey signed SB 46 into law. 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.

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Legalization Seed-To-Sale Programs Dispensary 97

Cannabis Law Report

DECEMBER 1, 2021

That leaves dispensaries managing and protecting massive sums of cash, and the stores cannot offer a modern retail payment system to the consumer. The company will issue and process credit cards that will work in dispensaries. The service is expected to launch in January 2022, and accepted at 100 California retail locations.

Banking 52

Banking Dispensary Wellness and Beauty Retail 52

Cannabis Law Report

JULY 29, 2021

While regular state and local sales taxes will also apply, included is a 10% cannabis tax rate on adult-use sales that would be allocated as follows: 36% of the tax will support social equity and jobs programs – if passed, it is estimated this could generate $150 million or more annually for social equity and jobs programs in Ohio.

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Legalization Collective Legislation Dispensary 105

Cannabis Law Report

FEBRUARY 16, 2022

FGW”), a company that has the conditional use approval necessary to operate a cannabis dispensary and related businesses located in San Francisco’s Haight-Ashbury district. This dispensary will be neighborhood-oriented, including the hiring of local staff, the selection of local products and the promotion of community safety.”.

Dispensary 52

Dispensary Cultivation Conditions Law 52

Cannabis Law Report

AUGUST 17, 2022

Revenue for Q2 2022 increased 15% to $39.9M, compared to $34.7M For the six months ending June 30, 2022, revenue was $86.5 Adjusted EBITDA loss for Q2 2022 was $5.8 For the six months ending June 30, 2022, adjusted EBITDA loss was $11.1 Net sales for the three months ending June 30, 2022, were $39.9 in Q2 2021.

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Packaging Business Retail Access 52

Canna Law Blog

DECEMBER 30, 2022

On December 1, 2022, the Los Angeles Controller released a report (PDF here ) with a pretty lame pun as a name: “High Maintenance: Review of the City’s Cannabis Regulation Efforts.” LA has collected a LOT of tax money. In preparing the report, the Controller stopped in at six different licensed dispensaries in LA.

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Packaging Dispensary Collective Business 65

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. Available online 18 May 2022. MRR writes. Journal of Safety Research.

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Dispensary Research and Development Safety Recreational 52

Cannabis Law Report

JUNE 11, 2021

For example, MRTA contains a limited exception that allows qualifying entities operating under New York’s existing medical cannabis program (Registered Organizations) to obtain multiple licenses, as described below. However, there are some exceptions. Social Equity & Criminal Justice Reform. Source [link].

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Seed-To-Sale Retail Consumption Legalization 105

Canna Law Blog

MARCH 20, 2022

This is the $200 million social equity fund (the “Fund”) that is referenced in the Marijuana Regulation and Taxation Act which New York Governor Kathy Hochul announced on January 5, 2022. The anticipated start date of the Fund would be in the Spring of 2022 (soon!), to open an adult-use retail dispensary.

Dispensary 73

Dispensary Retail Cannabis Programs 73

Canna Law Blog

JUNE 8, 2022

New York’s Cannabis Control Board (CCB) held a meeting on June 1, 2022 in which the road towards New York’s adult-use cannabis market became clearer. design and construction firms) for the construction of conditional retail dispensary locations. Prohibitions: cannot be attractive to individuals under age 21 (e.g.,

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Packaging Retail Dispensary Conditions 79

Cannabis Law Report

JULY 22, 2022

July 21, 2022 08:00 ET | Source: Metrc LLC. July 21, 2022 (GLOBE NEWSWIRE) — Metrc , the most trusted and experienced provider of cannabis regulatory systems in the U.S., July 21, 2022 (GLOBE NEWSWIRE) — Metrc , the most trusted and experienced provider of cannabis regulatory systems in the U.S., LAKELAND, Fla.,

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Data Programs Access Compliance 52

Cannabis Law Report

AUGUST 16, 2022

16, 2022 (GLOBE NEWSWIRE) — Metrc , the most trusted and experienced provider of cannabis regulatory systems in the U.S., This marks Metrc’s 23 rd government contract to date and sixth so far in 2022. The State plans to begin accepting licensing applications for businesses on September 1, 2022. “We LAKELAND, Fla.,

Seed-To-Sale 52

Seed-To-Sale Supply Chain Data Patients 52

Illinois News Joint

FEBRUARY 7, 2023

The Disparity and Availability Study’s purpose is to collect and analyze data and will report on whether discrimination exists in the Illinois cannabis industry. Illinois’ current cannabis licensing program does not consider race and gender for licensing. Constitution.

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Agriculture Cannabis Policy Dispensary 78

Cannabis Law Report

MARCH 30, 2022

Transformative transaction will include one of only 10 vertically integrated licences in New York and four active dispensaries with plans to bolster operations in advance of adult-use market. TORONTO — March 30, 2022 — RIV Capital, Inc. Mr. Sims said. “By Transaction Terms.

Collective 52

Collective Dispensary Cultivation Business 52

Veriheal

APRIL 14, 2023

million dollars buying cannabis from dispensaries across the state. In 2022 Illinois sold over $1.5 billion worth of adult-use cannabis and collected $445.3 These tax dollars went to programs like awarding $45 million worth of grants to communities affected the worst by the failed war on drugs and $3.5

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Media Programs Recreational Law 97

Cannabis Law Report

FEBRUARY 22, 2022

MIAMI, February 22, 2022 – Ayr Wellness Inc. multi-state cannabis operator (“MSO”), today announced the launch of Changing Legacies , a series of record expungement clinics scheduled to take place on February 27, 2022. Mass CultivatED is the nation’s first jails to jobs cannabis program. Dispensary 33.

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Events Advocacy Programs Education 52

Cannabis Law Report

JUNE 10, 2021

As required by the state Environmental Quality Act (CEQA), the board voted to require a program environmental impact report (PEIR). ” He said it was also important to step up enforcement on unlicensed dispensaries. both in San Diego. both in San Diego. The revisions will be presented to the board for final approval in October.

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Policy Environment Collective Edibles 105

The Blunt Truth

AUGUST 18, 2023

Another adult-use initiative was rejected in 2022. There’s also a measure that would repeal the state’s medical marijuana program. The AG has released a final summary of that, so those backing the measure can begin collecting signatures. The state’s attorney general has released a draft summary of the measure for public comment.

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Legalization Collective Marijuana CBD 97

SpeedWeed

AUGUST 4, 2021

It replaces prohibition with a sensible framework for regulation and taxation,” Tom Haren, a spokesman for the Coalition to Regulate Marijuana Like Alcohol, told Cannabis Business Times and Cannabis Dispensary , adding that the proposed law will generate an estimated $400 million in new tax revenue. “It

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Conditions Dispensary Cultivation Education 52

Peninsula Alternative Health

JUNE 12, 2023

This landmark legislation, which was developed in response to the approval of Question 4 on the 2022 ballot, brings about significant changes to the cannabis industry in the state. It allows existing medical cannabis dispensaries to convert their licenses to serve adult consumers. How can I purchase cannabis products in Maryland?

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Legislation Packaging Edibles Concentrates 52

Peninsula Alternative Health

JUNE 12, 2023

This landmark legislation, which was developed in response to the approval of Question 4 on the 2022 ballot, brings about significant changes to the cannabis industry in the state. It allows existing medical cannabis dispensaries to convert their licenses to serve adult consumers. How can I purchase cannabis products in Maryland?

Legislation 52

Legislation Packaging Edibles Concentrates 52

Cannabis Law Report

JUNE 15, 2022

June 15, 2022. Further, the settlement requires the licenses be fully transferred by the end of November 2022 or they will be automatically surrendered on Dec. California Steps Up Tax Collection Efforts. Treasury Seeks Comment on Collecting Marijuana-Related Business Activity Information. On June 8, 2022, the U.S.

Business 52

Business Marijuana Safety Banking 52

Veriheal

SEPTEMBER 9, 2021

Collectively, the four aforementioned newly legal states are projected to earn $4.5 ” This fee — which is designed to support social equity programs — is required to convert up to three medical cannabis dispensaries into dual medical-recreational facilities. The market’s projected start date is May 2022.

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Legalization Recreational Business Retail 109

Cannabis Law Report

APRIL 5, 2022

April 05, 2022 (GLOBE NEWSWIRE) — Metrc, the most trusted and experienced provider of cannabis regulatory systems in the U.S., Metrc will help facilitate Mississippi’s medical cannabis program’s data collection and regulatory oversight through its robust track-and-trace platform. LAKELAND, Fla.,

Safety 52

Safety Patients Dispensary Compliance 52

Cannabis Law Report

JUNE 7, 2021

Since 2014, when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. Eight of the laws passed in 2020 or 2021, and in seven of those states, licensing and tax collections have not yet begun. of the population enrolled.

Marijuana 91

Marijuana Retail Collective Programs 91

Cannabis Law Report

JANUARY 6, 2022

2022 will see more good jobs, better access to training programs and a continuing focus on equity, as industry impact moves beyond patient access and new direct revenue streams for the State. EGG HARBOR TOWNSHIP, N.J.–(BUSINESS

Business 52

Business Programs Access Collective 52

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. In April , South Dakota (more on the Mount Rushmore State later!)

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DEA Decriminalization Hemp Banking 109

Cannabis Law Report

APRIL 12, 2022

Tuesday, April 12, 2022. For many in the cannabis industry, April 1, 2022 is seen as a day of reckoning following the July 2021 passage of Assembly Bill 141 and Senate Bill 160 (collectively, the Cannabis Trailer Bill). Originally, the program was only intended to have a 1-year life span. Whitney Hodges.

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Compliance Compliance Programs Cannabis 52

Cannabis Law Report

MARCH 2, 2020

to my knowledge, there are no state-governed collection programs built into medical cannabis policy, compliance, legal or tax frameworks, or end user means of disposal. Perhaps the state of Florida could formulate a regulated education program while waiting for their hemp return to harvest. We can always hope. In the U.S.,

Vaping 59

Vaping Collective Research and Development Packaging 59

Cannabis Law Report

SEPTEMBER 21, 2022

MIAMI, FL – Lexis – September 20, 2022, – Novus Acquisition and Development, Corp. Opioid Settlement Framework : Adjudicated settlement with Major Carriers and Big Pharma in $45 billion compensatory damages, rehabilitation, and opioid diversion programs. How Novus Integrated Cannabis In Employer-Sponsored Health Plans.

Legislation 52

Legislation Recreational Medicine Hybrid 52

Cannabis Law Report

DECEMBER 16, 2021

Because recreational use of marijuana is increasing, especially as more states legalize it, the CDC believes it’s important for all workplaces to implement and address marijuana policies in their motor vehicle safety programs. This program gives New Mexico an edge in the growth of cannabis infrastructure.

Cannabinoids 52

Cannabinoids Retail Policy Cultivation 52

SpeedWeed

MARCH 15, 2021

Additionally, dispensaries pay a 4% privilege tax when they purchase products from cultivators. . Learn more on the state’s Medical Marijuana Program website. Adult use retail: Montana’s adult use program, which is projected to launch in 2022, will include a 20% marijuana excise tax. Marijuana tax rates in California.

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Seed-To-Sale Marijuana Retail Programs 52

Cannabis Law Report

SEPTEMBER 10, 2021

Practically speaking, will landlords be willing to take on the risk of leasing space to cannabis cultivators, processors or dispensaries—and, if so, what are some of the issues that will arise in negotiating leases to cannabis operators? What constraints does the MRTA place on the location of these businesses? Types of Licenses.

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Business Legislation Dispensary Law 94

Cannabis Law Report

JUNE 27, 2022

Michael Muldowney and Diane Ellis have resigned from the Board, effective June 24, 2022. ” As contemplated in connection with the Recapitalization Transaction, Mr. Galvin has also resigned from the Board effective June 24, 2022 but continues as Interim Chief Executive Officer. Both Mr. Muldowney and Ms.

Events 52

Events Research and Development Business Supply Chain 52

Cannabis Law Report

FEBRUARY 8, 2020

“You either bring your own cup, or you can borrow a travel mug for a $5 deposit, part of the Reego reusable cup program offered in select Toronto cafes. Dayna Stein closes with a powerful statement: “ Our business is truly about community building and taking collective action.”. But are they? Read more on leafly.

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Packaging Vaping Collective Events 82

SpeedWeed

MARCH 2, 2021

New Mexico’s Democrat-controlled House and Senate has until March 20 to choose between five adult-use bills, which include four initiatives outlining the framework for the new program and a Republican-sponsored bill that takes aim at the illicit market. ounces of marijuana, with retail sales starting in 2022. Florida marijuana laws.

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Legalization Recreational Legislation Cannabis 52