Cannabis Law Report

APRIL 13, 2022

Virgin Islands, Puerto Rico, Aruba, Bermuda, Barbados, Cayman, Costa Rica, Guatemala, Jamaica, and Saint Maarten, as well as additional markets in Latin America, travel retail, and the cruise and diplomatic channel. A collection of all-new Select CBD products that feature minor cannabinoids like CBN and CBG, are slated to debut in April.

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Retail Hemp CBD Banking 52

NORML

MAY 19, 2020

In their letter , AGs opine: “The current predicament of a rapidly expanding national marketplace without access to the national banking systems has resulted in an untenable situation. We stress that current legislative models are available to fix this situation.

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Banking Marijuana Legislation Safety 363

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”). Cannabis sales in Washington state are currently taxed at a rate of 37%, in addition to the general state and local sales and use taxes.

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Chronic Pain Recreational Patients Medicine 103

Cannabis Law Report

JULY 1, 2022

Move cannabis excise-tax collection and remittance to retail in 2023, establishing one point of collection and remittance and greatly simplifying tax requirements for the entire cannabis supply chain. Allow eligible equity retailers to keep a percentage of the excise tax they collect.

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Supply Chain Legislation Collective Retail 52

Cannabis Law Report

MAY 13, 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. Strengthening tax enforcement policies to increase tax compliance and collection and reduce unfair competition. Thank you, Nicole Elliott, DCC Director.

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Supply Chain Collective Retail Programs 52

The Blunt Truth

APRIL 7, 2023

On the federal level, the Veterans Equal Access Act made a reappearance. And finally, a new collective bargaining agreement would allow NBA players to use, promote and invest in cannabis. VETERANS EQUAL ACCESS BILL Rep. This week, Kentucky legalized medical cannabis. Stay safe and be well everyone – we’ll see you next week.

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Access Collective Legislation Legalization 59

Cannabis Law Report

FEBRUARY 3, 2022

The venture creates hundreds of employment opportunities in local communities while providing consumers premium, tested products in a truly unique retail environment. Greatest Hits is on a mission to give East Coast cannabis consumers access to exclusive strain genetics and an immersive shopping experience. Greatest Hits Cannabis Co.

Retail 52

Retail Strains Dispensary Cultivation 52

Veriheal

FEBRUARY 6, 2024

These new proposals are designed to expand access to medical cannabis for NJ MMJ patients. According to the CRC, “The Commission expects the State to generate tax revenues on the retail sales of medical cannabis items purchased at clinical registrant dispensaries.

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Programs Access Dispensary Chronic Pain 67

Cannabis Law Report

JULY 20, 2019

New England Treatment Access is doing more than selling marijuana to consumers — it is also providing a tax revenue windfall to Northampton and Brookline. This is the 3% sales tax cities and towns can place on marijuana retailers. More At: [link].

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Collective Marijuana Dispensary Recreational 40

Cannabis Law Report

JULY 11, 2022

Any cultivation tax collected on cannabis that enters the commercial market on or after July 1, 2022, must be returned to the cultivator that initially paid the cultivation tax or, if unable to be returned to the cultivator, must be paid to CDTFA as excess tax. Cannabis Retail Access Grant Program. Read the CDTFA announcement.

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Cultivation Law Collective Retail 52

Cannabis Law Report

JUNE 4, 2021

The combination of Goodleaf, the leading retail brand in South Africa, and Highlands, formerly Canopy Growth (NASDAQ: CGC ) Africa, will result in the creation of the largest vertically integrated cannabis operation in Africa. “We Consumers are increasingly demanding quality products with a known origin,” Schewitz said.

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Seed-To-Sale Environment Agriculture Collective 98

Veriheal

DECEMBER 19, 2022

Tax revenue from legal cannabis sales is collected by the state and used to fund whatever the state needs. When it comes to real estate statistics from this survey, it seems that just over half of adults would consider purchasing a home next to a retail cannabis dispensary. Cannabis and Real Estate. Maryland saw 65.6%

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Dispensary Retail Legalization Cannabis 104

Cannabis Law Report

MAY 16, 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. Gavin Newsom introduced proposed revisions to his 2022-2023 budget proposal, which would eliminate the cannabis cultivation tax rate beginning July 1, 2022.

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Legalization Collective Education Cultivation 52

NORML

MARCH 20, 2019

These bills would legalize the personal possession of one ounce or less of cannabis and would regulate and tax the adult-use and retail sale. Taxing marijuana sales at three-percent, which will be collected by or paid to municipalities wherever retail stores exist. Some highlights of this landmark legislation are-.

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Law Marijuana Legislation Retail 140

Cannabis Law Report

MAY 18, 2022

1] Newsom’s proposal would also shift the point of collection and remittance of the 15% state-wide excise tax from distributors to retailers, update allocations of the Cannabis Tax Fund, and establish a local jurisdiction retail grant access program to aid localities with the development and implementation of local retail licensing programs.

Retail 52

Retail Cultivation Collective Programs 52

MassRoots

FEBRUARY 17, 2019

In 2018, the first full year of operations for the retail medical marijuana program in Pennsylvania, patients spent more than $130 million on the herbal medication. Of the card-holding patients, more than 83,000 purchased products from a dispensary, and more than 600,000 transactions were collectively reported by the licensed dispensaries.

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Marijuana Programs Dispensary Collective 105

Cannabis Law Report

NOVEMBER 9, 2021

Total Retail Revenue including New York increased 17.6% On the top-line, we outperformed Headset industry data in the majority of our markets, and we generated positive retail adjusted EBITDA for the fifth consecutive quarter. Gross Margin Rate and Retail Gross Margin Rate 2 : Total Gross Margin Rate was 43.9% year-over-year.

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Retail Events Cultivation Business 52

Veriheal

AUGUST 18, 2023

To start, the association called for cannabis workers to have access to union representation. Union representation not only allows these workers to have increased protection, but, it also gives them access to training and apprenticeships so they can fully benefit from the growing industry.

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Legalization Recreational Retail Hemp 52

Canna Law Blog

JULY 5, 2022

Under Newsom’s proposal, to make up for that lost cultivation tax revenue, the state would raise the retail excise tax from 15% to 19% after three years, with some exceptions for a more immediate increase depending on industry revenue generation. The tax pain point will simply move to retailers rather than cultivators.

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Retail Cultivation Programs Cannabis 69

Cannabis Chronicles

JUNE 27, 2019

They also reflect updates to state law, such as eliminating “collective gardens,” which were previously used for medical marijuana. Anderson said the planning commission recommended that retail marijuana businesses be permitted to operate in commercial areas in the Vancouver urban growth area but not in rural centers.

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Law Retail State Laws Business 113

MassRoots

JANUARY 17, 2019

Recreational marijuana sales have been legal in California for a full year now, but some people in communities where commercial dispensaries have been banned do not have easy, reliable access to legal products. Those in Favor. Consumers are left without local shops from which to make purchases.

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Dispensary Retail Collective Cannabis 111

Cannabis Law Report

JUNE 24, 2021

“We are delighted to be expanding our Craft Cannabis Collection in the Province of Ontario – Canada’s largest and fastest growing recreational cannabis market,” stated Sugarbud’s CEO, John Kondrosky. About Sugarbud. We Take Pride. We Take Our Time………….

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Research and Development Terpenes Supply Chain Collective 96

Cannabis Law Report

AUGUST 9, 2021

.–(BUSINESS WIRE)–International cannabis brand Cookies today announced the debut of new top-shelf concentrate and flower product lines at the Cookies Tacoma retail location, with statewide availability coming soon through an exclusive partnership with expert extraction company Edgemont Group , maker of Full Spec and Leafwerx products.

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Seed-To-Sale Concentrates Extraction Advocacy 105

Cannabis Law Report

JULY 6, 2021

High Tide gains access to Daily High Club’s over 15,000 subscription box members who are ideal customers for High Tide to potentially launch cannabis subscription boxes in the event of U.S. million in cash (collectively with the Share Consideration, the “ Consideration “). federal legalization. ABOUT DHC SUPPLY LLC.

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Consumption Retail Events Media 116

Cannabis Law Report

DECEMBER 16, 2021

Being one of California’s most deeply-rooted and well-respected cannabis collectives, Jungle Boys are the gold standard when it comes to pheno-hunting methods, proven cultivation techniques, and award-winning strains – and it’s an absolute honor to feature their products on MedMen shelves,” said Tyson Rossi, SVP of Product & Revenue, MedMen.

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Strains Collective Retail Dispensary 52

Veriheal

SEPTEMBER 23, 2021

Current statistics from the Anthenum Collective show that more than 67% of Americans believe cannabis should be legal, and legal cannabis sales are expected to achieve a value of $73.6 States that have legal access to medical and recreational cannabis often work with state-regulated insurers to obtain limited property and liability coverage.

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Business Access Cannabis Therapy 98

NORML

MARCH 8, 2019

Activists in Nebraska, along with two pro-legalization Senators, qualified a 2020 medical cannabis ballot initiative petition to begin collecting signatures from registered voters in the state. Legislation is pending, Senate Bill 24, to expand access to medical cannabis in the state. CO resident? GA resident? KS resident?

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Legislation Patients Access Seed-To-Sale 171

Cannabis Law Report

JANUARY 13, 2022

LOS ANGELES–(BUSINESS WIRE)–MedMen Enterprises Inc. ( “MedMen” or the “Company” ) (CSE: MMEN) (OTCQB: MMNFF), a leading cannabis retailer with operations across the nation, today announced the appointment of Tracy McCourt, Chief Revenue Officer, to President of Emerald Village West Hollywood. MedMen Media Contact: Lisa Weser.

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Retail Media Collective Business 52

Cannabis Law Report

JUNE 7, 2021

“It has always been our intention to create a world-class global brand, and as we achieve scale, it is essential to ensure we have access to high-quality supply, which Highlands affords.”. Goodleaf’s products will soon be exported to large retailers in Asia and Europe and are also available online through goodleaf.co.za.

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Seed-To-Sale Retail Environment Access 95

Cannabis Law Report

APRIL 16, 2019

In July of 2014, the first retail stores opened in Washington State. Basically, what happened is that electronically at least the barcode or the “lot” we are discussing would in effect be pushed back into the “warehouse” and we would have to find it and bring it back up to the retail space and show it as ready for sale.

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Seed-To-Sale Retail Packaging Pharmaceutical 45

Canna Law Blog

NOVEMBER 16, 2022

However, when the majority of cities and counties end up banning cannabis businesses, the illegal market rages on and legal access becomes a problem. County plans to allow the following businesses in in its borders in 2023: 25 retail. Here are the highlights: Retail : 4% of gross receipts. 25 delivery. 10 distribution.

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Retail Cultivation Business Programs 80

Veriheal

SEPTEMBER 14, 2020

While medical is helping the people of Pennsylvania, it isn’t collecting the revenue that recreational sales could be collecting. . Recreational laws further expand legal access to cannabis, but there are a few downsides. Medical marijuana was legalized in Pennsylvania back in 2016 and went into effect in 2018.

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Recreational Legalization Seed-To-Sale Pharmaceutical 98

The Blunt Truth

DECEMBER 29, 2023

So let’s begin with January , when New York opened its retail market. We also saw sales begin in Connecticut , which left New Hampshire as the only New England state on the outside looking in at a retail market. Moving on to February , Missouri opened a retail market with a bong, er, I mean, bang. Fun fact: still true!

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DEA Retail Legalization Food 52

Cannabis Law Report

SEPTEMBER 1, 2021

On eve of Commission’s fourth birthday, Marijuana Establishments surpass $2 billion in gross sales since retail stores opened in Massachusetts; progress continues to achieve industry goals. Over the first year of adult-use sales , from November 2018 to November 2019, 33 Marijuana Retailers generated $393.7

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Marijuana Seed-To-Sale Safety Data 100

WeedAdvisor

FEBRUARY 25, 2019

Ontario will not allow dispensaries to offer “click-and-collect” purchases or home deliveries. . No Click-and-Collect or Delivery Options. The concept of click-and-collect is hardly new. Click-and-collect would be an amazing tool for dispensaries. Lack of Accessibility Boosts Black Market.

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Policy Legalization Collective Access 40

Cannabis Law Report

MARCH 29, 2020

Access to this database, Melekian said, will allow an auditing firm contracted by the county to check whether a grower’s self-reported tax revenues line up with the number of his plants. In the future, the state is expected to expand local access to track-and-trace data throughout California. Melekian reports that from July 1 to Dec.

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Supply Chain Collective Cannabis Programs 59

The Cannigma

AUGUST 4, 2021

Proposition 215 made it legal for HIV/AIDs and cancer patients and the terminally ill to possess and cultivate medical marijuana and to receive it from a network of non-profit, member based collectives that catered specifically to medical marijuana patients in need. Access problems and medical cannabis. Inability navigating the system.

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Programs Patients Access Medicine 111