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Gov. Newsom’s Budget Trailer Bill Makes Significant Reforms to California Cannabis Laws, Including Elimination of the Cannabis Cultivation Tax

Cannabis Law Report

California Cannabis Cultivation Tax Eliminated. The budget trailer bill eliminated the cannabis cultivation tax beginning July 1, 2022. The harvested cannabis was first sold or transferred by a cultivator to a distributor on or after July 1, 2022. Delivery Data Required to be Reported in Metrc.

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New legislation allows qualified farmers in NY to plant cannabis crop for 2022 season

Cannabis Law Report

Provides a conditional adult-use cultivator license to process and distribute cannabis flower products without holding an adult-use processor or distributor license; provides a conditional adult-use processor license to process and distribute cannabis products; provides for the repeal of certain provisions upon the expiration thereof.

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In Massachusetts, Cannabis Cultivation Workers Can Unionize

Veriheal

But there are a few data points that we can isolate that are highly telling. While retail cannabis employees typically have good experiences, cultivation workers such as trimmers might experience something completely different. Because the industry is so new, it’s difficult to look at broad trends.

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The Economic Impact of the Medical Marijuana Industry: Trends and Projections

MMJ Recs

This burgeoning industry encompasses a wide range of activities, including cultivation, processing, distribution, and retail sales of medical cannabis products. Opportunities range from direct investments in cultivation and processing facilities to ancillary businesses such as technology, logistics, and branding.

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New Jersey Cannabis Regulatory Commission Approves Specially Adopted Personal Use Cannabis Rules

Cannabis Law Report

These classes include cultivators, manufacturers, retailers, distributors and delivery services. Importantly, the Commission will limit the number of cultivator licenses it awards in the 24-month period after February 22, 2021 to 37. This number includes expanded ATCs, but not microbusiness cultivators.

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Tilray To Spend $110 Million On Alberta Cannabis Retailer, Four20

Cannabis Law Report

Tilray Inc. (NASDAQ: TLRY), one of the world’s largest medical cannabis producers, is expanding its retail footprint in Canada. The British Columbia-based company said Thursday it signed a deal to buy Alberta pot retail chain Four20 in an all-stock deal worth up to $110 million. Tilray acquires Alberta cannabis retailer Four20.

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Workers Comp In Colorado Cannabis Sector Is “Boring” Says Insurance Industry Specialist – No Excessive Claims, Industry Consistent With Others

Cannabis Law Report

Data on injured workers from the nation’s most mature adult-use cannabis market is pretty boring. No excessive claims resulting from injuries suffered by stoned forklift drivers, high cultivators, or even dispensary workers who were hurt during a robbery. A report in the Insurance Journal reveals that it’s all a bit dull!

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