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New York Cannabis: State of the State 2023

Canna Law Blog

We expect 2023 will see even more progress as we push towards New York having a fully functioning cannabis industry. Let’s take a look at the noteworthy developments of 2022 and what we expect to see in 2023. New York took that significant first step by issuing conditional cultivation , processing and retail dispensary licenses.

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Gov. Newsom’s Budget Trailer Bill Makes Significant Reforms to California Cannabis Laws, Including Elimination of the Cannabis Cultivation Tax

Cannabis Law Report

California Cannabis Cultivation Tax Eliminated. The budget trailer bill eliminated the cannabis cultivation tax beginning July 1, 2022. The harvested cannabis was first sold or transferred by a cultivator to a distributor on or after July 1, 2022. California Cannabis Excise Tax Capped at 15% for Three Years.

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California’s Cannabis Delivery Services: Convenience at Your Doorstep

MMJ Recs

Effective as of January 1, 2023, there was a shift in cannabis commerce in the state and now, authorized vehicles are permitted to transport larger quantities of cannabis products with fewer restrictions than before. Gone are the days of waiting in line at dispensaries or navigating traffic to procure your medicinal marijuana products.

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California Governor Proposes a Cannabis Tax Reduction in an Effort to Shore Up the Legal Market

Cannabis Law Report

Gavin Newsom introduced proposed revisions to his 2022-2023 budget proposal, which would eliminate the cannabis cultivation tax rate beginning July 1, 2022. The 15% excise tax on cannabis sales would remain, and the collection and remittance of that tax would be limited to retail sales beginning January 1, 2023.

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Legislation to Expedite Cannabis Cultivation Introduced in New York

SpeedWeed

The NDA launched roughly five years ago as an advocacy and trade association for the retail segment of the market but has recently expanded to include cannabis cultivators and distributors. The post Legislation to Expedite Cannabis Cultivation Introduced in New York appeared first on SpeedWeed. Reflecting on Lessons Learned.

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Alert: Newsom To Present Cannabis Tax Simplification Solutions To Legislature

Cannabis Law Report

Some changes include: Setting the cultivation tax rate at zero beginning July 1, 2022. Shifting the point of collection and remittance for excise tax from distribution to retail on January 1, 2023, maintaining a 15 percent excise tax rate. million to help expand access to legal retail throughout California.

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A Comprehensive Guide To How To Get A Maryland MMJ Card Online

MMJ Recs

These regulations cover licensing of dispensaries, cultivation facilities, and processing centers, as well as product testing and quality control. Patients and industry stakeholders should stay informed about evolving regulations to ensure compliance with state laws and to promote the safe and responsible use of medical cannabis.