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Weekly Legislative Roundup 2/22

NORML

New Jersey lawmakers have come to an agreement with Governor Murphy regarding retail marijuana tax rates, settling on charging sales tax by weight as opposed to a specific percentage. Legislation is pending, House Bill 2149, to amend the definition of “cannabis” under the 2010 voter-approved medical marijuana law.

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Article – New York: Native Nations Assert Right to Cannabis Economy

Cannabis Law Report

Nearly a year after the passage of Marijuana Regulation & Taxation Act (MRTA), New York state authorities are only now starting the process of crafting a regulation structure for commercial cultivation, processing and sale. The first licenses are still months away. Impatience is growing among aspiring entrepreneurs.

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A Hidden Origin Story of the CBD Craze

SMPL

Ringo said he would sell his seeds for as little as $5.). They sat in a circle at a house in the hills a few hours north of San Francisco — where wine country becomes weed country — to discuss the therapeutic potential of CBD, and how to get people to take it seriously. And with this group, finally, it seemed to be coming together.

CBD 40
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Meritas Law Firms Worldwide Article: Global Cannabis Industry: The Essential Primer

Cannabis Law Report

As more countries legalize or decriminalize the cultivation, manufacture, sale, and use of cannabis, companies across a variety of industries are looking for opportunities to capitalize on this emerging market. Selinger cites software, point-of-sale systems, and packaging as areas that are thriving in the state.

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