Illinois News Joint

JULY 11, 2023

The Illinois Department of Financial and Professional Regulation today announced recreational cannabis sales totals for June 2023. June sales totals were the third-most monthly sales since recreational-use legalization began. 2023 total monthly sales include: January: $127,938,019.85 Illinois recorded $136,408,322.07

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Illinois News Joint

AUGUST 3, 2023

The Illinois Department of Financial and Professional Regulation today announced recreational cannabis sales totals for July. For the second-straight month, Illinois set a new monthly sales record for 2023. July recreational sales totals reached $140,048,722.23. 2023 total monthly sales include: January: $127,938,019.85

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Illinois News Joint

MARCH 14, 2024

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for February 2024. 2023 total monthly sales include: January: $127,938,019.85 2023 Yearly Totals: $1,634,983,542.79 These figures do not include taxes collected. 2023 Yearly Totals: $1,634,983,542.79

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Illinois News Joint

OCTOBER 2, 2023

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for September. was the third highest since recreational sales began. 2023 total monthly sales include: January: $127,938,019.85 These figures do not include taxes collected. February: $120,488,569.91

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Illinois News Joint

MAY 2, 2023

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for April 2023. In 2023, monthly out-of-state resident totals dropped to the mid-to-low $30 million. 2023 total monthly sales include: January: $127,938,019.85 These figures do not include taxes collected.

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Canna Law Blog

MARCH 11, 2024

In November 2012, Washington voters approved the production, processing, and retail sales of recreational cannabis within Washington state under what is known as Initiative 502 (“I-502”). Taxing medical cannabis patients the same as recreational consumers is a form of discrimination that harms their health and well-being.

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Illinois News Joint

APRIL 5, 2023

Illinois Department of Financial and Professional Regulation announced Illinois’ March 2023 recreational cannabis sales totals. The March 2023 totals received a significant bounce from previous months and March 2022 totals. million more than February 2023 totals of $120,488,569.91 The March sales total of $134,790,381.77

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Cannabis Law Report

SEPTEMBER 23, 2022

A 13-member committee will study Alaska’s recreational marijuana taxes, fees and regulations. Mike Dunleavy (R) issued an executive order Wednesday establishing the Governor’s Advisory Task Force on Recreational Marijuana that will study the state’s seven-year-old marijuana industry. Alaskans approved recreational marijuana in 2014.

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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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Illinois News Joint

MARCH 2, 2023

Illinois Department of Financial and Professional Regulation today announced Illinois’ February 2023 recreational sales totals. 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: $120,488,569.91

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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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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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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

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. at the end of 2020. billion) by 2027. million patients by 2027.

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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. The public comment period is open from October 16 to December 15, 2023. Further, the Commission is authorized to collect application and renewal fees from clinical registrants.”

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Cannabis Law Report

JANUARY 20, 2022

New York is set to reach new highs starting in 2023 — thanks to legalized pot. billion in new revenue from legal marijuana sales during the next six years, according to the fiscal 2023 spending plan unveiled Tuesday by Gov. NY Post writes. The state plans to reap more than $1.25 Kathy Hochul. billion budget. More at [link].

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Cannabis Law Report

DECEMBER 8, 2021

It emerges from the 2018-2023 coalition agreement that legislation on recreational cannabis will be drafted ( 2018-2023 Coalition Agreement ) . The recreational cannabis project is part of a wider catalog of inter-ministerial measures, in order to tackle the fight against drug-related crime horizontally.

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Cannabis Law Report

SEPTEMBER 16, 2022

Looking at states that have legalized recreational marijuana, the university’s Bureau of Business and Economic Research found Minnesota will miss a minimum of $5 million and “possibly closer” to $46 million in revenue in 2023. To be clear, Minnesota has not legalized recreational marijuana. delta-9 THC.

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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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Cannabis Law Report

MAY 16, 2022

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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Cannabis Law Report

APRIL 13, 2022

The 2023 Budget. Last week, the New York Legislature passed the State’s 2022-2023 Budget. Its recreational use was legalized only recently, in March of 2021. Query whether, at the end of the day, the principal beneficiaries of legalization will be the tax-collecting states and lower-priced illicit businesses.

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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. The Aurora Cannabis Club also cares deeply about the importance of Illinois’ home grow laws, specifically extending the plant count for medical patients and allowing recreational users to partake in home grow as well.

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Veriheal

JUNE 6, 2023

The sample was collected on Feb. 17 at the 2023 USA Track and Field (USATF) indoor championships in Albuquerque, New Mexico, after she had won the long jump title with a record of 6.99 Tara Davis-Woodhall, a 23-year-old U.S. long jumper, was stripped of the national indoor title she obtained in February after testing positive for THC.

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The Blunt Truth

APRIL 22, 2021

The Governor’s office estimates that legalization could create 30,000 to 60,000 new jobs and the tax collections from the adult-use cannabis program could reach $350 million annually.

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Cannabis Law Report

JUNE 20, 2019

It brings Maine one major step closer to its first legal recreational sales, which regulators estimate could occur in March 2020 – after the state’s tracking and licensing systems are ready, marijuana businesses get state and local licenses and growers have product ready to hit the shelves. In fiscal year 2023, Maine is banking on $33.2

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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

SEPTEMBER 21, 2022

Operates as a hybrid health insurance carrier and, the nation’s first health carrier offering cannabis that is included in health plans for recreational and medicinal users. (OTC Markets: ( NDEV ), through its wholly-owned subsidiary WCIG Insurance Services, Inc.

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SpeedWeed

JULY 29, 2021

The SB 21-111 states that a report must be submitted to the Governor between July 1, 2022 and July 1, 2023 with details about how the CBO spends its funds. In total cannabis sales since recreational cannabis launched in 2014, the state has collected $10,940,865,212.

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Cannabis Law Report

SEPTEMBER 22, 2022

Retail locations, which will be announced at a later date and located exclusively on Nation lands, are projected to open in late 2023. Oneida Indian Nation Homelands (September 19, 2022) – The Oneida Indian Nation will start construction next month on a full-scale, 50,000-square-foot cannabis cultivation and production facility.

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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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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. 1, 2023, under the new law. Low Percentage of New York Towns Opts Out of Recreational Cannabis.

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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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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. The legislation outlines three separate rounds of licensing, with the first round scheduled for the fall of 2023 and the second round in 2024.

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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. The legislation outlines three separate rounds of licensing, with the first round scheduled for the fall of 2023 and the second round in 2024.

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Cannabis Law Report

NOVEMBER 17, 2021

together with its subsidiaries and affiliated companies (collectively, “NuLeaf”), a Nevada-based vertically integrated operator, for total consideration of up to US$62.5 NuLeaf Lake Tahoe is the only licensed recreational retail dispensary in the area, with the closest competitor approximately 20 miles away in Carson City.

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Veriheal

DECEMBER 14, 2021

.” In the event that the campaign is featured on the 2022 ballot and successfully voted on, state residents would be able to legally use and buy recreational cannabis in Arkansas by February 2023. Arkansas’ Cannabis Legalization Initiative. The group must gather 89,101 signatures by June 2022.

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Veriheal

MARCH 9, 2023

states — Minnesota, Ohio, Oklahoma, and Pennsylvania — stand a good chance at legalizing recreational cannabis this year. As of February 2023, 41 U.S. Ohio The Ohio Marijuana Legalization Initiative (2023) was submitted by the Coalition to Regulate Marijuana like Alcohol via an initiated statute. Additionally, 23 U.S.

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