Canna Law Blog

OCTOBER 15, 2020

For our coverage of Oregon’s Measure 109, see: Oregon 2020 Election: Vote Yes! On the other side of the country our nation’s capital has its own ballot initiative on psychedelics, Initiative 81, formally known as the Entheogenic Plant and Fungus Policy Act of 2020. The post Election 2020: Psychedelics on the Ballot in Washington D.C.

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Americans for Safe Access

FEBRUARY 28, 2020

It also tasked the United States Department of Agriculture (USDA) with establishing rules and regulations around hemp cultivation, including adherence to the legal limit of 0.3% USDA released its Interim Final Rule on Hemp on October 31, 2019. THC by dry weight.

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Cannabis Law Report

JANUARY 10, 2020

Planet 13 Announces Strong Finish to 2019 – Approximately 695,000 Customers Served in 2019 at an Average Ticket above $90. Approximately 695,000 customers served in 2019 at an average ticket above $90 for preliminary unaudited revenue of ~$63 million. LAS VEGAS, Jan.

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SpeedWeed

MAY 11, 2021

million marijuana plants in 2020, a figure that is up nearly 20% over 2019. The annual DEA report also shows that federal law enforcement officers made nearly 5,000 cannabis-related arrests in 2020, a year wracked by the social and economic fallout of the Covid-19 pandemic. The totals include more than 3.7 View original article.

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Canna Law Blog

JANUARY 2, 2020

2019 was, to put it lightly, an intense year for the hemp and hemp-derived cannabidiol (“Hemp CBD”) industries in the United States. Though 2019 was indeed busy, the U.S. Though 2019 was indeed busy, the U.S. Here are our top four predictions for 2020. hemp and Hemp CBD industries are far from normalized.

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Cannabis Law Report

DECEMBER 30, 2019

This report contains a detailed summary of 2019’s federal and state legislative victories.” 2019 has been an unprecedented year for the passage of state-level marijuana law reforms. “Never before in American history has marijuana policy advanced in Congress as far or as fast in one year as 2019. Erik Altieri.

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Canna Law Blog

FEBRUARY 11, 2020

Last week, Oregon kicked off the 2020 legislative session. The prospects for a productive session may also be lower than usual in 2020, given that House and Senate Republicans are threatening to flee the Capitol again (just like in 2019, to stop a carbon cap-and-trade bill). Senate Bill 1577. Seems like a good idea!

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Canna Law Blog

SEPTEMBER 20, 2019

On September 11, 2019, the California Assembly approved SB-153 , a bill aimed at making significant changes to California’s hemp cultivation law. Department of Agriculture by May 2020. Under current California hemp cultivation laws, the definition of EARIs is much broader than under federal law.

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The Blunt Truth

SEPTEMBER 12, 2019

And Mississippi may have medical marijuana on the 2020 ballot; Mississippians for Compassionate Care has turned in more than enough signatures to make that happen. If you think that’s impressive, note that 2019 hemp production has increased over 455% over 2018. That’s a lot of hemp.

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Cannabis Law Report

AUGUST 26, 2021

California collected about $817 million in adult-use marijuana tax revenue during the 2020-2021 fiscal year, state officials estimated on Monday. The state levies two excise taxes on cannabis: a retail excise tax and a cultivation tax. Fourth Quarter of 2020-21: $213 Million. Preliminary 2020-21 Total: $817 Million.

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Veriheal

APRIL 14, 2022

France has officially permitted medical cannabis production and cultivation. The decree has been made public in an effort “to allow the creation of a sector ranging from cultivation to medicine based on cannabis for medical use in France.”. million French people used cannabis on a regular basis in 2019.

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NORML

JANUARY 9, 2020

2019 was a record year for marijuana reform, with more NORML chapters holding lobby days than ever before. With the 2020 legislative session already in full swing in many states, NORML chapters across the country are organizing lobby days to advocate for sensible reform policies in their state. 2020 #MarijuanaJustice Lobby Days.

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CannaTech

AUGUST 9, 2020

In the first half of 2020, CBD companies are experiencing a loss in revenue due to store closures and consumer concerns about Coronavirus and their finances. billion in sales in 2020, with 14% growth over 2019 sales of $4.1 Pharmacy holds the second largest share with a 14% share in 2020, up from 10% in 2019.

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Cannabis Life Network

NOVEMBER 26, 2019

25, 2019 /CNW/ – 48North Cannabis Corp. (“48North” or the “Company“) (TSXV: NRTH), a leading licensed cannabis producer focused on low-cost cultivation, brand, and consumer-focused cannabis products, has released its financial and operating results for the first quarter ended September 30, 2019.

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Cannabis Law Report

NOVEMBER 26, 2019

Currently, it is mainly engaged in the cultivation of new industrial cannabis varieties, germplasm resources innovation, molecular cytogenetics, Technical research on cultivation, etc. In 2018 and 2019,HCC has organized two CBD and Investment Conferences in Hongkong and Beijing attracting over 500 insiders and investors.

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Cannabis Law Report

DECEMBER 2, 2019

The Drug Enforcement Administration (DEA) finalized its plans to authorize the cultivation of 3,200,000 grams of marijuana for research purposes next year—a 30 percent increase from 2019’s quota. DEA initially proposed 2020 production quotas in a notice published in the Federal Register in September. tons of cannabis.

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Cannabis Law Report

JUNE 9, 2021

Fourth Quarter 2020 Revenue Increases 29.6% million as compared to the Third Quarter 2020; First Quarter 2021 Revenue Increases 29.0% million as compared to the Fourth Quarter 2020; Provides Second Quarter 2021 Revenue and Adjusted EBITDA Guidance. Fourth Quarter 2020 Highlights. Full Year 2020 Highlights.

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SpeedWeed

SEPTEMBER 14, 2021

Brown was also in office during the implementation period of California’s Control, Regulate and Tax Adult Use of Marijuana Act, which initiated the state’s collection of a 15% excise tax, a sales tax and a cultivation tax when adult-use sales launched in January 2018. Newsom has pushed for that deadline to be extended another six months.

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Cannabis Law Report

FEBRUARY 2, 2020

3 February 2020. When its state-of-the-art cultivation and production facility is fully operational it is expected to generate more than 1400 jobs, in addition to 850 during development. The problem with this government is that everything currently ends in disaster. Buyer beware we say. Medicinal cannabis projects drive job creation.

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Illinois News Joint

AUGUST 9, 2023

On June 25, 2019, Gov. Pritzker signed into law the CRTA, and as cultivators started producing recreational and medical cannabis during the following months, medical prices, leading into the first days of recreational legalization, increased from $9.98-$11.28 In January 2020, medical cannabis prices skyrocket from $12.55

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SpeedWeed

JULY 21, 2021

million in 2019. Based on January-to-January growth, from 2020 to 2021, BDS Analytics predicts that 2021 solventless sales could hit $62.5 million in 2019 to $17.8 million in 2020 to an anticipated $30.6 You can tailor your cultivation vertical toward this new solventless venture. That was up from $12.5

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Illinois News Joint

AUGUST 10, 2023

Pritzker signed into law the Cannabis Regulation and Tax Act on June 25, 2019, and cultivators ramped up production for adult-use sales. in August 2019, the highest since fall of 2016. After the first month of adult-use legalization, January 2020, medical price per gram for extracts skyrocketed to its peak at $89.04

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MassRoots

MAY 5, 2020

The legislation, called the Cannabis Legalization and Control Bill , aims to establish a legal system and framework for regulating the possession, use, sale, and cultivation of cannabis in New Zealand. “It pic.twitter.com/SP2ezHgjJj — Chlöe Swarbrick (@_chloeswarbrick) April 30, 2020. This referendum is now in your hands.

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Cannabis Law Report

FEBRUARY 12, 2020

Last week, Oregon kicked off the 2020 legislative session. The prospects for a productive session may also be lower than usual in 2020, given that House and Senate Republicans are threatening to flee the Capitol again (just like in 2019, to stop a carbon cap-and-trade bill). It’s a vape ban bill. Senate Bill 1577.

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NORML

DECEMBER 19, 2019

Cannabis 2019. Canna Tech 2019. All of these cups had top-quality entries from local cultivators and processors. Cannabis First Prize at the 2019 Agricultural Show. On the 15th of August 2019, Poison City Brewing was honored with the award when put up against 189 other local brewed beers. Cannabis Tourism.

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SpeedWeed

SEPTEMBER 3, 2021

Now, after months of being stalled, MRTA’s authoritative arm is free to move forward with oversight infrastructure for licensure, cultivation, production, distribution, sale and taxation. Meanwhile, Wright represented New York’s 56th District from 2017 through 2020. View original article.

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SpeedWeed

APRIL 23, 2021

27, after each body passed different measures— Senate Bill 1406 and House Bill 2312 —to legalize cannabis possession, personal cultivation and retail sales for adults 21 years and older. times higher than the arrest rate for white individuals from 2010-2019, and their conviction rate was 3.9 The problem? View original article.

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NORML

JANUARY 12, 2020

2019 was a record year for marijuana reform, with more NORML chapters holding lobby days than ever before. With the 2020 legislative session already in full swing in many states, NORML chapters across the country are organizing lobby days to advocate for sensible reform policies in their state. KY4MM & KY NORML 2020 Lobby Days.

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Cannabis Law Report

SEPTEMBER 10, 2019

The latest hemp laws state-by-state: August 2019. Louisiana has authorized a 3% excise tax for hemp-derived CBD products beginning in 2020. Mississippi has created a Hemp Cultivation Task Force to study the hemp industry’s potential in Mississippi. By: Hemp Industry Team. MISSISSIPPI. SOUTH CAROLINA.

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Cannabis Law Report

JUNE 7, 2021

Eight of the laws passed in 2020 or 2021, and in seven of those states, licensing and tax collections have not yet begun. In the 2019 and 2020 fiscal years, state officials reported that revenue from the 37% cannabis retail tax outpaced alcohol tax revenue, despite the fact that many more adults consume alcohol than cannabis.

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CannaTech

AUGUST 9, 2020

In the first half of 2020, CBD companies are experiencing a loss in revenue due to store closures and consumer concerns about Coronavirus and their finances. billion in sales in 2020, with 14% growth over 2019 sales of $4.1 COVID-19 Impact. unemployment rate in June, up from 3.8% in February.

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Cannabis Law Report

OCTOBER 6, 2019

China HEMP Association is composed of industrial cannabis cultivation, processing enterprises,equipment manufacturing, food and beverage, cosmetics, financial institutions, marketing agencies of industrial cannabis products, technological research and development and technical services.

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The Blunt Truth

MAY 23, 2019

Iowa is one step ahead of them – hemp cultivation will begin in 2020. Let’s start, as we so often do, with the states. Nebraska has decided against legalizing medical marijuana. Texas is moving towards legalizing hemp. And speaking of Delaware, Presidential candidate Joe Biden (D – Del.)

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NORML

FEBRUARY 11, 2020

2019 was a record year for marijuana reform, with more NORML chapters holding lobby days than ever before. With the 2020 legislative session already in full swing in many states, NORML chapters across the country are organizing lobby days to advocate for sensible reform policies in their state. KY4MM & KY NORML 2020 Lobby Days.

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SpeedWeed

AUGUST 31, 2021

16, 2020, but a report released earlier this month revealed the extent to which licensed patients were lined up for access. 6, 2019, and Dec. 5, 2020, according to the department’s second annual report of the Missouri Medical Marijuana Regulatory Program. Missouri did not launch medical cannabis sales until Oct.

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SpeedWeed

SEPTEMBER 17, 2021

The Farmer’s Wife submitted its licensing applications in 2019 and ultimately won three retail licenses in early 2020, with its first dispensary opening on 4/20 of this year. “We The post Ohio’s Medical Cannabis Cultivators Can Seek State Approval to Expand Operations appeared first on SpeedWeed. View original article.

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Cannabis Law Report

SEPTEMBER 3, 2019

— Second quarter 2019 revenue of $12.7 Adjusted EBITDA for the second quarter 2019 totaled $2.5 Company issues 2019 guidance of $55 -57 million of revenue and positive Adjusted EBITDA. 30, 2019 /PRNewswire/ – Harborside Inc. 30, 2019 /PRNewswire/ – Harborside Inc. 2019 Guidance. Financial Highlights.

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