Illinois News Joint

SEPTEMBER 5, 2023

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for August. August followed only July 2023 total of $140,048,722.23 August in-state resident sales set a new record at $104,940,014.62, outperforming July 2023 and December 2022 in-state resident totals.

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Veriheal

FEBRUARY 6, 2024

After nearly two years of success with recreational cannabis, New Jersey lawmakers are hoping to make some positive changes to cannabis laws in the state. These new proposals are designed to expand access to medical cannabis for NJ MMJ patients. These new proposals are designed to expand access to medical cannabis for NJ MMJ patients.

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Illinois News Joint

FEBRUARY 2, 2023

Illinois Department of Financial and Professional Regulation announced Illinois’ January 2023 recreational sales totals today. 2023 total monthly sales include: January: $127,938,019.85 These figures do not include taxes collected. 2023 total monthly sales include: January: $127,938,019.85 February: $113,993,046.06

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Veriheal

MAY 4, 2023

These countries have the collective potential to spark economic transformation across the EU, which has been bludgeoned by financial downfalls since the COVID pandemic; GDP sunk 6.3% In Germany, legal recreational cannabis sales are slated to launch by the end of 2024. million patients by 2027. million patients by 2027.

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Illinois News Joint

JANUARY 5, 2023

IDFPR also announced in December 2022 that applications for the next round of cannabis dispensary licenses would be accepted starting January 30, 2023. Recreational cannabis sales for 2022 totals included: January: $117,251,759.72. Recreational cannabis sales for 2021 totals included: January: $88,813,872.78.

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Illinois News Joint

JANUARY 10, 2023

The Aurora Cannabis Club, small collective of cannabis growers/companies and enthusiasts, started April 20, 2021. We have both been involved with cannabis cultivation for years and wanted to create an environment for local growers, enthusiasts, med patients and anybody else who wants to learn about cultivation,” Ryan said.

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The Blunt Truth

JULY 5, 2023

Starting August 1, 2023, Minnesota will provide protections to individuals who use cannabis for recreational purposes, after Minnesota Governor Tim Walz signed a state law allowing adults 21 and older to use recreational cannabis. The new law amends the state’s Consumable Products Act to protect off-duty cannabis use.

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Veriheal

APRIL 23, 2024

The American marijuana industry was worth about $57 billion in 2023 and is projected to reach $444 billion by 2030, a staggering growth that reflects it as the fastest-growing industry anywhere in the world. These surveys explore the motivations and methods behind cannabis usage for both medical purposes and recreational enjoyment.

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Peninsula Alternative Health

JUNE 12, 2023

With the recent passage of House Bill 556 and Senate Bill 516 in Maryland, the legalization of adult-use recreational cannabis is set to begin on July 1, 2023. Patients will still be able to obtain medical cannabis from licensed dispensaries, and individuals aged 18 or older can register to participate in the program.

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Peninsula Alternative Health

JUNE 12, 2023

With the recent passage of House Bill 556 and Senate Bill 516 in Maryland, the legalization of adult-use recreational cannabis is set to begin on July 1, 2023. Patients will still be able to obtain medical cannabis from licensed dispensaries, and individuals aged 18 or older can register to participate in the program.

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Cannabis Law Report

JANUARY 12, 2022

Employers will have to continue to review, update, and carefully navigate workplace drug policies to ensure legal compliance based on the employee’s locations and whether the employee’s use is medical or recreational. 1, 2022, it seems unlikely that cannabis would be ready for distribution before 2023. Recreational Marijuana.

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Canna Law Blog

JANUARY 6, 2023

Under state law, CDTFA collected both a cultivation tax and an excise tax. These taxes were not collected from cultivators and retailers as one would expect, but instead from middle-men distributors, making collection and reporting a huge mess. In 2022, that all changed when the state adopted tax reforms.

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Cannabis Law Report

DECEMBER 21, 2021

The Second Earnout Consideration is defined as 19% multiplied by 7.25x Laurentian’s 2023 calendar year EBITDA, subject to adjustment, which shall be payable in Common Shares of Organigram. million expected to be included as an adjustment in 2023) and an expected working capital adjustment of $2.0 million in 2022.

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