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New Jersey CRC Seeks Feedback for Medical Cannabis Program

Veriheal

Murphy stated in an Executive Order , “…of New Jersey’s nine million residents, only approximately 15,000 are able to participate in the State’s medical marijuana program.” The public comment period is open from October 16 to December 15, 2023. Therefore, it seems as though Governor Murphy is calling for reform.

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Tax Practitioners’ Meeting includes Section 280E cannabis deduction

Illinois News Joint

The Illinois Department of Revenue (IDOR) today hosted the 2023 Tax Practitioners’ Meeting and PowerPoint presentation. 1, 2023, Cannabis industry businesses will be able to deduct business expenses that otherwise cannot be deducted federally pursuant to Section 280E of the Internal Revenue Code.

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The Year in Weed: 2023 Edition

The Blunt Truth

We thought the market would expand “quite a bit” in 2023 – well, the “a bit” part was right. And not to ruin the ending, but no retail market will open in 2023. Also, the NBA agreed to players investing in the cannabis industry as part of a new collective bargaining agreement. million in revenue in one weekend is a tidy sum.

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The Week in Weed: May 12, 2023

The Blunt Truth

Possibly, but we’ve packed these bags before… OHIO Proponents of adult-use legalization in Ohio are now collecting signatures for a ballot question, after the Legislature failed to act on their citizens’ initiative. The state’s medical program is popular, and polling shows support for adult-use running about 60% in favor.

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The Week in Weed: August 18, 2023

The Blunt Truth

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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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

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 were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. of the population enrolled.

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OHA Survey Results Show Significant Interest in Coming Psilocybin Program

Cannabis Law Report

On February 28, 2022, the Oregon Psilocybin Services (OPS), a new section within the Oregon Health Authority (OHA), released results from a community interest survey concerning Oregon’s still-developing psilocybin program. The survey’s results show strong interest in the psilocybin program, particularly in accessing services.