NORML

MARCH 25, 2020

Representatives with the United States Small Business Administration (SBA) have reaffirmed that state-licensed cannabis businesses are ineligible for financial aid opportunities because marijuana remains classified as a schedule I controlled substance. The majority of these businesses are small-to-medium in size.

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Business Supply Chain Access Agriculture 254

NORML

APRIL 22, 2020

“Many of these establishments are small-to-medium size operators, with their employees keeping their doors open without access to the support systems in place for other businesses, thus depriving them of potentially lifesaving protections.” The majority of these businesses are small-to-medium in size.

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Access Business Marijuana Patients 312

Illinois News Joint

DECEMBER 1, 2023

The presentation included one significant cannabis tax item, the business expense deduction for licensed Illinois cannabis businesses. The new Section 280E tax law amendment was included in the State’s budge, HB3817 , which passed June 7. When the new law becomes effective for tax years beginning on or after Jan.

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Cultivation Programs Collective Cannabis 84

Canna Law Blog

OCTOBER 18, 2023

Can a creditor, landlord or other third party take a security interest in an OLCC license? Can an OLCC licensee collateralize or pledge its license– as if that license were personal property, and not just a permission conferred by the state? The short answer is: “yes, an OLCC license can be collateralized.”

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Business Cannabis Access Legalization 93

Canna Law Blog

FEBRUARY 28, 2024

Get used to hefty penalties If a licensed cannabis business fails to timely or fully pay its cannabis taxes, it will owe a substantial amount higher than the actual tax amount. The notice will tell the license that the assessed liability constitutes a lien on all personal property of the licensee. Late cannabis taxes?

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Collective Business Cannabis Law 91

Veriheal

NOVEMBER 10, 2023

These are the questions a Denver consumption lounge must now contend with after they were exposed for throwing fellow Denver cannabis industry businesses under the bus. Tired of waiting for these businesses in the Denver cannabis industry to face consequences, Davis sent an email to over 20 local government officials on July 22nd.

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Events Consumption Business Cannabis 113

Canna Law Blog

MARCH 26, 2024

But California courts may be willing to grant them if cannabis licenses are at stake, in addition to other circumstances such as actual or threatened intellectual property infringement. This does not mean a certainty of success, simply that the facts and the law demonstrate a good possibility of prevailing.

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Cannabis Concentrates Business Law 86

Veriheal

DECEMBER 7, 2022

Operating cannabis-based businesses in The Golden State is no easy feat for retailers. Based on federal law, anyone who cultivates, sells, consumes, possesses, distributes, or transports the plant will face criminal prosecution in federal court. Due to the plant’s illegal status, banking cannabis business revenue can be tricky.

Business 101

Business Banking Advocacy Cannabis 101

Cannabis Law Report

AUGUST 27, 2022

As the application process for cannabis businesses gets underway, officials from the Department of Public Health and Social Services and the Department of Revenue and Taxation are working to iron out inconsistencies in the law relating to cannabis-infused food products. Apply for a Cannabis Establishment License. 26, 2022.

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Law Food Compliance Compliance 98

Illinois News Joint

DECEMBER 8, 2023

d) From January 1, 2023 through January 1, 2027, the Department shall not make the application available for transporting organization licenses. (e) Leader Lightford, Speaker’s Office, and all the lawmakers who supported our efforts alongside the Cannabis Business Association of Illinois.

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Law Agriculture Cannabis Events 89

Illinois News Joint

FEBRUARY 20, 2023

Despite the fact that Illinois’ prohibitive laws for on-sight cannabis consumption have foiled many event planners from hosting events, Illinois may be set to host more cannabis-friendly events in 2023 than the last three years combined. Harper sponsored Illinois House Bill 3939, also known as the Bring Your Own Cannabis bill.

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Consumption Events Business Patients 129

Canna Law Blog

NOVEMBER 16, 2023

My law firm has done a series of these for credit unions (“CU”s) and other financial institutions (“FIs”) going back to 2014. In this post, I’ll sketch out some considerations for FIs looking at banking marijuana-related businesses – or, as they are known in the common parlance, “MRBs”. Indirect Marijuana Business.”

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Banking Business Cannabis Hemp 78

Illinois News Joint

MAY 25, 2023

The three cannabis items in Illinois’ budget that should pass just after midnight include: The State Comptroller shall direct the State Treasurer to transfer the sum of $40,000,000 from the Compassionate Use of Medical Cannabis Fund to the Cannabis Business Development Fund. Three items from the omnibus, though, escaped into the State budget.

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Research and Development Conditions Cannabis Business 91

Canna Law Blog

MARCH 18, 2024

It looks like a permanent Oregon cannabis license moratorium will finally take effect. HB 4121 and the cannabis license moratorium On February 6 th , 2024, I ran our annual legislative forecast and report on the proposed Oregon cannabis laws. And I’ll explain what it all means for the Oregon cannabis industry.

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Research and Development Hemp Cannabis Law 91

Cannabis Law Report

AUGUST 17, 2022

Catch up quick: Such gifting shops cropped up after a 2014 law legalized possessing small amounts of marijuana in D.C., The businesses sell products and services and offer marijuana to patrons under a loophole in the law. laws such as food safety, fire codes, and proper registration with the Office of Tax and Revenue.

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Business Dispensary Media Edibles 109

Canna Law Blog

MARCH 6, 2023

The Regulation implements the provisions of Law No. 30681 and Law No. The Regulation details the requirements to obtain the different types of cannabis licenses available. These businesses are not able to legally import cannabis into Peruvian businesses, but they may apply for a license to market cannabis derivatives.

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Pharmaceutical Patients Environment Cannabis 89

Canna Law Blog

MARCH 7, 2024

Our cannabis team has performed due diligence on countless business purchases, investments, loans, and just about every other kind of transaction you can imagine. Someone who is selling a business or seeking a loan or investment needs to be completely open. refuses to participate in the process. A deal can just die on the spot.

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Business Cannabis Law 86

Canna Law Blog

DECEMBER 7, 2022

California law required the state Department of Cannabis Control to begin accepting large license applications on January 1, 2023. Earlier this year, DCC published proposed large licensing regulations (which I described here ). When DCC’s rules take effect, they will make it very difficult for people to get large licenses.

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Cultivation State Laws Business Compliance 82

Veriheal

AUGUST 10, 2023

The Maryland Hemp Coalition, hemp farmers, and other hemp-related businesses have filed a suit, challenging Maryland’s new recreational cannabis licensing policy, which they say favors only a special handful of businesses. The plaintiffs in the lawsuit are Gov. milligrams of THC per serving or 2.5 1, 2024, or later.

Hemp 52

Hemp THC Programs Business 52

The Blunt Truth

OCTOBER 20, 2023

The end of two ballot initiatives involving cannabis: one, a medical marijuana ballot initiative, and the other a change to the law concerning use and possession of cannabis, due to confusion over the number of signatures required. This means that those companies pay more in federal taxes than other businesses do.

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Hemp Business Marijuana Law 96

Canna Law Blog

JULY 18, 2023

The guide is titled “Discontinued Sales of Products Containing THC by Businesses that Do Not Hold a Cannabis License” and it relates to recently enacted SB 5367, which we’ve been following closely. This is a significant departure from the status quo that allowed ordinary retailers without a WSLCB licensed cannabis retail license (e.g.

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THC Seed-To-Sale Retail CBD 60

Dykema (Cannabis Law Blog)

FEBRUARY 22, 2022

HB 5706 creates a pathway for state-licensed and tribally licensed establishments to purchase from and sell to one another. Federally recognized Native American tribes are considered independent sovereign nations, albeit subject to federal law. Thus, HB 5706 does not grant the power to tribes to start marijuana businesses.

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Legislation Marijuana Collective State Laws 73

Illinois News Joint

APRIL 11, 2024

Lightford , Senate Bill 3926 , which the Cannabis Business Association of Illinois (CannabizIL) presented at a press conference yesterday, sets forth provisions concerning applications, licensure, marketing, sales, labeling, transportation, testing, penalties, and emergency rulemaking by the Department of Agriculture. La Shawn K.

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Hemp Safety Food THC 80

Cannabis Law Report

AUGUST 27, 2021

The Rules establish the recreational cannabis industry in New Jersey and allow the CRC to begin licensing businesses as soon as possible. The Rules specify different classes of licenses for each stage of the supply chain. The Rules also establish a microbusiness license for each of these license classes.

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Cultivation Conditions Business Cannabis 105

Cannabis Law Report

SEPTEMBER 18, 2022

Akeed Abdo Ahmed Saleh, 38, is charged with possession of a controlled substance with intent to distribute and operating without a city business license. He was arrested after Starkville police executed a search warrant at his business, Bulldog Smoke Shop at 303 Dr. Martin Luther King Jr. 03 percent allowed by state law.

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Packaging Vaping THC State Laws 97

MassRoots

AUGUST 3, 2020

New laws expanding the medical marijuana program in Louisiana went into effect on August 1. The state’s medical marijuana program has been criticized for being too limited and too restrictive since the program was established in 2016, but the three laws that went into effect on Saturday aim to improve the situation. House Bill 819.

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Programs Banking Marijuana Conditions 124

Veriheal

JANUARY 3, 2023

In March 2021, the state also further reformed cannabis laws by legalizing the retail use of cannabis. This has caused a long list of issues, such as unregulated businesses serving the general public. While cease and desist orders have been sent to similar businesses in the past, it has not prevented other ones from opening up shop.

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Retail Dispensary Business Conditions 99

MMJ Recs

MARCH 23, 2024

Legalization creates a new industry that generates revenue through taxation, licensing fees, and job creation. Legalization creates a new industry that generates revenue through taxation, licensing fees, and job creation. This stimulates economic growth, as seen in increased business opportunities, investment, and consumer spending.

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Legalization Access Programs Education 52

Veriheal

OCTOBER 30, 2023

Most importantly, the use of cannabis for recreational purposes will no longer be against the law. The legalization proposal includes other bills that outline changes in regulation, pharmacies, and health professions laws. ” The Licensing Approach The bills contain the framework to regulate cannabis production in the Bahamas.

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Legalization Therapy Decriminalization Epilepsy 117

Canna Law Blog

FEBRUARY 9, 2023

As New York cannabis retail licensing proceeds at a snail’s pace, countless businesses are openly selling marijuana products out of unlicensed stores and smoke shops. It is obvious to anyone walking through New York City that the city has been unable to reign in these “businesses.”

Dispensary 75

Dispensary Retail Programs Business 75

Canna Law Blog

JULY 31, 2023

This year, the Oregon Liquor and Cannabis Commission (OLCC) likely will look at, to start: temporary rules it had adopted under the Governor’s clumsy tax compliance mandate; the 2023 legislative session’s new cannabis laws ; leftover business from the 2022 session; and certain COVID-era policies. That’s what I’m here to discuss.

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Compliance Compliance Topical Retail 90

Veriheal

MARCH 3, 2022

More people are being encouraged to apply for social equity licenses in New York following Gov. As New York gears up to distribute licenses among retail store owners who wish to sell cannabis to adults aged 21 and above, the announcement is being warmly welcomed by most. billion by 2027. Hochul’s Cannabis Social Equity Proposal.

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Recreational Business Cultivation Hemp 95

Cannabis Law Report

NOVEMBER 17, 2021

Katie knows this business inside and out. . Combining a background in cannabis business, municipal, and intellectual property law, Katie provides clients with an advantage by discovering new licensing and commercial opportunities utilizing her vast network of industry and government contacts.

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Supply Chain Compliance Compliance Advocacy 97

Cannabis Law Report

AUGUST 3, 2021

The NYSBA actually issued 3 separate determinations, each of which is incorporated into the New York Rules of Professional Rules of Conduct for attorneys: First, attorneys may now ethically provide legal services to assist clients in compliance with New York’s recreational marijuana law (the Marijuana Regulation and Taxation Act).

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Business Recreational State Laws Law 105

Illinois News Joint

OCTOBER 18, 2023

As reported earlier , HB4161 focuses mainly on safety concerns, including permits, licensing, testing, taxes, and a new Hemp Social Equity Fund, but HB4161 also contains amendments that would affect registered Illinois medical cannabis patients and cottage hemp operators as well. Seeds may not be given or sold to any other person.”

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Patients Hemp Seed-To-Sale Food 86

Illinois News Joint

JUNE 16, 2023

HB1189 never advanced beyond the Rules Committee, but the excess funds were allocated elsewhere by law as part of the final State budget. The $40,000,000 transferred from the Compassionate Use of Medical Cannabis Fund into Cannabis Business Development Fund was increased from $12,000,000.

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Research and Development Business Patients Cannabis 80

Cannabis Law Report

SEPTEMBER 10, 2021

Although cannabis is still classified as a controlled substance at the federal level, New York State recently enacted the Marijuana Revenue and Taxation Act (MRTA), a law legalizing adult-use cannabis within the state. What constraints does the MRTA place on the location of these businesses? Questions abound, however.

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Business Legislation Dispensary Law 94