Cannabis Law Report

OCTOBER 19, 2021

October 18, 2021 — Birchmount Network (“Birchmount” or “Company”), a full-service, turn-key cannabis gift card and marketing solution provider leveraging decades of experience in the mainstream gift card industry, announced it closed a $2.5M The company will power programs for roughly 500 dispensaries across the U.S. seed round.

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Programs Seed-To-Sale Retail Compliance 52

Cannabis Law Report

AUGUST 4, 2021

The Core Business delivered strong organic growth 13 in H1 2021 (17% year-on-year) despite some of Eurofins’ businesses remaining affected by lockdowns during H1 2021. The Core Business delivered strong organic growth 13 in H1 2021 (17% year-on-year) despite some of Eurofins’ businesses remaining affected by lockdowns during H1 2021.

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Business Research and Development Environment Food 105

The Cannigma

JUNE 23, 2021

The 2021 Drug Testing Index carried out by Quest Diagnostics found that in states with legalized recreational marijuana , positivity rates for marijuana testing rose 118.2% In states with only medical programs or where marijuana is not legal at all, positive test rates also rose, but by roughly half that amount. . increase over 2019.

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Legalization Recreational Data Consumption 140

Cannabis Law Report

JUNE 2, 2021

The Marijuana Regulatory Agency issued a request for proposals for the 2021 Veteran Marijuana Research Grant Program on Tuesday, June 1. 1, 2019, the day legal sales began, and Sept. Government revenue collected in recreational marijuana excise taxes totaled $31 million in fiscal year 2020. Between Dec.

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Clinical Trials Marijuana Recreational Collective 105

Cannabis Law Report

NOVEMBER 15, 2021

(OTCQB: MNTR) announced in its 10-Q filing for the third quarter of 2021 that revenues increased 21.2% cents on November 13, 2021, corresponding to a current market capitalization of $2.02 million in 2019 and $3.6 On June 16, 2021, Mentor CEO, Chet Billingsley, invested a second $100,000 loan into the Company at 7.8%

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Collective Events Programs Business 52

Cannabis Law Report

OCTOBER 23, 2021

If voters approve, this measure will create an out-of-school program, the Learning Enrichment and Academic Progress Program (LEAP). To partially fund the program, the state’s tax on retail sales of cannabis would increase from 15 percent to 20 percent over three years. Colorado Proposition 119: Increasing Cannabis Taxes.

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Collective Education Programs Consumption 52

SpeedWeed

APRIL 18, 2021

The trend of record-breaking sales is continuing into 2021. These record-breaking months brought the state $86,537,000 in legal weed tax revenue, topping the $72,281,000 collected from liquor sales in that same timeframe. . Last year, the state Department of Revenue collected $205.4 This January, legal weed shops sold $88.8

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Collective Programs History Legalization 52

Cannabis Law Report

JANUARY 30, 2020

On January 21, 2020, as part of his 2021 Executive Budget, New York State Governor Cuomo released his proposed Cannabis Regulation and Taxation Act (CRTA)—his vision of a regulated cannabis market in New York State and second bite at the apple. The Program. Source: JD Supra.

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Programs Retail Cultivation Legislation 64

Cannabis Law Report

FEBRUARY 19, 2022

Alabama legalized medical a medical cannabis program on May 17, 2021 when Governor Ivey signed SB 46 into law. Although medical cannabis program was signed into law last year, it has yet to be fully implemented. Since then, the legislature has passed a number of laws that have expanded the state’s medical cannabis program.

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SpeedWeed

SEPTEMBER 8, 2021

million in total program tax revenue, according to the California Department of Tax and Fee Administration (CDTFA). Since the state launched its first adult-use sales in January 2018, the cannabis industry has provided a total program revenue of $2.8 The largest legal cannabis market in the world just had the best quarter on record.

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Collective Programs Supply Chain Cultivation 88

Cannabis Law Report

JANUARY 30, 2020

On January 21, 2020, as part of his 2021 Executive Budget, New York State Governor Cuomo released his proposed Cannabis Regulation and Taxation Act (CRTA)—his vision of a regulated cannabis market in New York State and second bite at the apple. The Program. Source; JD Supra: [link].

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Programs Retail Cultivation Legislation 59

SpeedWeed

MARCH 2, 2021

New Mexico’s Democrat-controlled House and Senate has until March 20 to choose between five adult-use bills, which include four initiatives outlining the framework for the new program and a Republican-sponsored bill that takes aim at the illicit market. If signed into law, adult-use sales could start as early as July 1, 2021.

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Legalization Recreational Legislation Cannabis 52

Cannabis Law Report

JANUARY 10, 2020

Governor Newsom also proposes simplifying cannabis tax administration by changing the point of collection. The changes will reduce the tax collection burden on the cannabis industry and simplify the tax collection process. The Administration will provide more details on this proposal in spring 2020. Tax Simplification.

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Programs Collective Agriculture Education 45

Cannabis Law Report

JULY 29, 2021

In 2021, average home values increase by $470 for every $1 million increase in overall tax revenue from cannabis. . Home values increased by $6,338 from 2017 to 2019 in states where cannabis is legal in some form, compared to states that haven’t legalized at all. Education programs. Public health and safety programs.

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Data Legalization Education Programs 116

Cannabis Law Report

MARCH 17, 2022

The Australian Criminal Intelligence Commission (ACIC) on Monday released the 15th report of its National Wastewater Drug Monitoring Program. tonnes of methylamphetamine, cocaine, MDMA and heroin was consumed in 2020-21, the fifth year of the Program. An estimated 15.7 The drop of approximately 4.7 An estimated 15.7

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Consumption Programs Data Treatment 52

SpeedWeed

MARCH 8, 2021

24-26, 2021, at the Paris Las Vegas Hotel & Casino), there will be plenty more women innovators, leaders, entrepreneurs and trailblazers to highlight—so keep an eye on CannabisConference.com for continued updates to our speaker roster. . Conference Programming Director, Cannabis Conference. This listing is just a start.

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Dispensary Media Supply Chain Hemp 40

Marijuana Lawyer Blog

FEBRUARY 9, 2020

And tax dollars collected from the cannabis industry are already showing great impact across a variety of sectors. million in cannabis tax revenue would be allocated to social services for the 2020-2021 fiscal year. Marijuana Tax Revenue Expenditures in California (Fiscal Year 2019-2020). And this is just the beginning.

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Marijuana Safety Programs Dispensary 64

SpeedWeed

APRIL 29, 2021

The final vote was 8-3 in favor of the Curaleaf Hanover workers unionizing, which became official on April 9, 2021, roughly a year after the workers’ campaign was organized. WCC (Women’s Cannabis Collective) . increase from 2019, according to adult-use sales and production data from the state’s Cannabis Control Commission.

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Programs Seed-To-Sale Dispensary Cultivation 52

Cannabis Law Report

OCTOBER 13, 2021

During Fiscal Year 21 (July 1, 2020 – June 30, 2021), licensed adult-use cannabis retail stores and medical dispensaries generated $1,003,467,655 in taxable sales. In 2019, Governor Sisolak signed SB 545, directing all revenue from the 10-percent retail cannabis excise tax into the DSA. Department of Taxation: Cannabis Tax Revenue.

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Compliance Compliance Data Retail 52

Cannabis Law Report

SEPTEMBER 1, 2021

Over the first year of adult-use sales , from November 2018 to November 2019, 33 Marijuana Retailers generated $393.7 million for the full calendar year of 2019. million in gross sales, before licensees ultimately tallied $444.9 Licensing, Agents, and Equity.

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Marijuana Seed-To-Sale Safety Data 100

Cannabis Law Report

AUGUST 18, 2021

As we previously reported , on February 22, 2021, New Jersey Governor Phil Murphy signed three separate cannabis reform bills into law ( NJ A21 , NJ A 1897 , and NJ A5342/NJ S3454 ), formally legalizing the use and possession of recreational marijuana in the Garden State. Here’s a round-up of the most recent developments: New Laws.

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Legislation Legalization Marijuana Recreational 105

SpeedWeed

JULY 29, 2021

The passing of Senate Bill 21-111 during the 2021 legislative session in March 2021 is what made the CBO a reality. Therefore, it is beneficial to create a program in the office of economic development to address these concerns and achieve these benefits.”

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Data Collective Business Cannabis 52

SpeedWeed

MAY 27, 2021

sales tax, estimated state tax revenue from cannabis sales rounds out at $2,568,728,290, and that total does not include the estimated $167 million generated between July 2014 and March 2021. In Washington, where there is a 37% imposed on retail since July 2015 and a 6.5%

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Collective Retail Policy Cannabis 52

Cannabis Law Report

JULY 20, 2021

Collectively, these dedicated public servants bring extensive experience from the state and local level to the leadership team. Previously, she was Director of the Office of Cannabis for the City and County of San Francisco’s General Services Agency from 2017 to 2019, where she served as Project Manager in 2017.

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Research and Development Compliance Compliance Food 105

Canna Law Blog

FEBRUARY 20, 2024

History with marijuana legislation As mentioned above, it’s difficult to collect a history of legislation to determine exactly how Trump has previously voted on cannabis. The First Step Act gives nonviolent offenders the chance to reenter society as productive, law-abiding citizens. Now, states across the country are following our lead.

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History Legislation Cannabis Legalization 90

Cannabis Law Report

FEBRUARY 5, 2020

Farmers are still processing the hemp they grew in the 2019 season, which marked the first year that people could legally grow hemp in the United States. to 1% was carried over to 2021 for this reason. So VDACS will move forward with much the same regulatory program it used in 2019. . In 2019, VDACS enforced the 0.3%

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Hemp Media Agriculture Research and Development 59

Kind Meds (Cannabis Education Blog)

FEBRUARY 7, 2022

Some states that have passed recreational or medical marijuana legislation are still negotiating the details for implementing these programs. Mississippi passed legislation in 2020 to create a medical program. Establish social equity programs for cannabis entrepreneurs. each year since 2019.

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Recreational Data Cannabis DEA 52

Cannabis Law Report

NOVEMBER 3, 2021

This collectively brings the Company’s total clinic count to 15 globally. The opening of Zerenia™ Clinics UK by an expert team is another step in this direction that expands Khiron’s presence in Europe , where medical cannabis sales have grown more than 6x since Q1 2021.

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Therapy Access Patients Treatment 52

The Blunt Truth

DECEMBER 31, 2020

” Little did I know in December 2019 just how true that would turn out to be. was just one of several states facing problems with signature collection. Senator Mitch McConnell (R-KY) objected to including cannabis banking in federal relief programs. Let’s all hope for better things in 2021!

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SpeedWeed

AUGUST 2, 2021

Governor Kevin Stitt received House Bill 2272 on his desk and signed it in on May 18, 2021. The Oklahoma Medical Marijuana Authority is committed to protecting patients and fulfilling our mission to ensure safe and responsible practices in licensing, regulating and administering the medical marijuana program. View original article.

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State Laws Law Seed-To-Sale Marijuana 52

Canna Law Blog

DECEMBER 30, 2022

LA has collected a LOT of tax money. Between January 2018 and December 2021, the Los Angeles Office of Finance (which collects taxes from the cannabis program) has collected a whopping $320 million in taxes, with at least $31 million more outstanding.

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Packaging Dispensary Collective Business 65

Cannabis Law Report

JULY 9, 2021

Collectively, private investors have poured billions of dollars into these companies, with more money coming from non-profit organizations. Denver, Colorado was the first jurisdiction to decriminalize the use of psilocybin via ballot initiative in May 2019. March 8, 2021). See June 8, 2021 Order, AIMS Institute et al.

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Cannabis Law Report

APRIL 12, 2022

For many in the cannabis industry, April 1, 2022 is seen as a day of reckoning following the July 2021 passage of Assembly Bill 141 and Senate Bill 160 (collectively, the Cannabis Trailer Bill). Originally, the program was only intended to have a 1-year life span.

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Compliance Compliance Programs Cannabis 52

SpeedWeed

JULY 4, 2021

The 5-foot-1 track and field star rose to fame in 2019 as a freshman at Louisiana State University, where she clocked 10.75 1, 2021, cannabis has been classified as a “ Substance of Abuse ” by the World Anti-Doping Agency and currently carries a maximum four-year ban. seconds in the 100-meter dash to break the NCAA record. Since Jan.

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Collective THC Cannabis Treatment 52

SpeedWeed

JULY 4, 2021

The 5-foot-1 track and field star rose to fame in 2019 as a freshman at Louisiana State University, where she clocked 10.75 1, 2021, cannabis has been classified as a “ Substance of Abuse ” by the World Anti-Doping Agency and currently carries a maximum four-year ban. seconds in the 100-meter dash to break the NCAA record. Since Jan.

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Business Collective THC Treatment 52

Cannabis Law Report

OCTOBER 1, 2021

” In their 2019 election program they already advocated for another legal status for cannabis. The same draft that was being worked on provided for tax collection between 3,000 and 6,000 million euros. “We are working a lot of people, doing serious work, as serious as a law that plans to change the lives of 4.5

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Law Legalization Recreational Cultivation 52

The Cannigma

OCTOBER 25, 2021

Take for instance Martha Stewart, who in 2019 announced a partnership with Canadian cannabis company Canopy Growth, and became an official strategic advisor for the company in 2021. A celebrity endorsement or partnership can potentially open doors to consumers who may not be familiar with the cannabis world.

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Wellness and Beauty Media Cannabis Strains 120