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States Have Made Over $15B From Cannabis Tax Revenue Despite Decline

Veriheal

Since the state-legal, adult-use cannabis market began in 2014, a combined total of more than $15 billion has been generated in tax revenue. There was a significant boost in the purchase of consumer packaged goods. billion since the sale of adult-use cannabis started in 2014. The revenue generated in 2022 alone was $3.77

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Lazarus Naturals Launches Its New Sleep Collection Introducing CBN

Cannabis Law Report

Founded in 2014 with the belief that CBD should be accessible to all who need it, Lazarus Naturals crafts products that are effective, not expensive. The Assistance Program offers a 60% discount to veterans, individuals on long-term disability and low-income households. Lisa Hill PR. 503-730-8055. lisa@lisahillpr.com.

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Kight On Cannabis: USPS Publishes New Guidelines For Mailing Hemp & Hemp Products

Cannabis Law Report

We wrote about this topic recently , and quoted both a USPS policy statement and an administrative court ruling that hemp and hemp extracts are mailable commodities. Most importantly, the USPS’s updated policy acknowledges the legal status of hemp produced in accordance with the 2018 Farm Bill and the 2014 Farm Act Pilot Programs.

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Beyond the Crackdown: New York Classifies Hemp-CBD as a Dietary Supplement (Part One)

Canna Law Blog

The Department oversees New York’s industrial hemp program, which was promulgated under the 2014 Farm Bill. The item is properly labeled and packaged for sale pursuant to FDA regulations for dietary supplements. Now that New York City is taking action, it’s time to dig into the state’s position on Hemp-CBD.

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How to Get a Credit Union Account for Your Hemp Business

Canna Law Blog

The Guidance lays out what credit unions need to incorporate into their Bank Secrecy Act (“BSA”) and Anti-Money Laundering (“AML”) compliance programs in order to work with hemp businesses. For example, a credit union needs to know how to verify the member is part of the pilot program.

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Greener is Better

Cannabis Law Report

to my knowledge, there are no state-governed collection programs built into medical cannabis policy, compliance, legal or tax frameworks, or end user means of disposal. Recycle kits include everything you need to package your batteries for proper shipment.” We can always hope. In the U.S., cannabis industry in 2020? .”

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2020 California Cannabis Bill Round-Up

Canna Law Blog

As we have written in respect of other states and cannabis banking legislation, the only viable way for financial institutions to really provide banking services to cannabis businesses is still by following the 2014 FinCEN guidelines. The bill further specifies what can be done in the appellations program. ” And that’s it.

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