SpeedWeed

SEPTEMBER 14, 2021

Virginia cannabis law went into effect on July 1, 2021, and in a little over two months since that starting date, the county of Richmond has experienced a shocking decrease in cannabis-related arrests. . According to the Richmond Times-Dispatch , cannabis arrests have decreased by 90 percent in the state’s capitol. Shutterstock.

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Cannabis Law Report

SEPTEMBER 15, 2022

Thompson Coburn LLP has released its latest state-by-state ranking of state cannabis regulations. The guide provides a holistic review of the current cannabis laws in every state including the District of Columbia, from favorable to cannabis businesses to most restrictive. Barry Weisz.

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Veriheal

JANUARY 11, 2021

As new states have legalized medical cannabis, there is a mad dash for both local and major out-of-state businesses to secure licenses. 4, 2020, 36 states have legalized medical cannabis, though the newest two states to legalize do not have licensing application systems working yet. . As of Nov. This issue isn’t new.

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SpeedWeed

JULY 20, 2021

Maryland state lawmakers announced last week that the legislature will turn to the voters on the issue of cannabis policy reform by placing a marijuana legalization measure on the statewide ballot next year. Maryland Work Group To Study Cannabis Legalization. Maryland House of Delegates Speaker Adrienne A.

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SpeedWeed

SEPTEMBER 8, 2021

The largest legal cannabis market in the world just had the best quarter on record. billion in taxable cannabis sales and $333.2 His Santa Barbara-based operation encompasses more than a half a million square feet of sustainably grown, craft-at-scale cannabis. billion in cannabis excise tax, $347.4 Bringing in $40.4

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Cannabis Law Report

FEBRUARY 19, 2022

While cannabis legalization moves full steam ahead through much of the Northeast, the southeastern U.S. These states haven’t made major headlines for their progressive cannabis policies, but together they constitute a major market that has, nevertheless, dipped its toe in the water. has been notably slow to uptake major reforms.

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NORML

MARCH 14, 2020

Legislation is pending, HCR 2045, that seeks to arbitrarily cap the potency of cannabis flowers at two percent THC. The bill would prevent applicants from being denied occupational licenses for having previous drug charges, including for cannabis. Legislation is pending, Senate Bill 2787, to regulate medical cannabis delivery services.

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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. Other jurisdictions are catching up to the marijuana law frenzy.

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Cannabis Law Report

JUNE 23, 2021

Medicann is a premier cannabis-specialized clinic, providing patients with access to local specialist doctors and pharmacists that have experience prescribing cannabis-based medication. a global leader in the cannabis industry serving both medical and consumer markets and dedicated to helping people improve their lives.

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Cannabis Law Report

SEPTEMBER 28, 2019

It also liberalizes 99%-pure CBD oil made from hemp (scientific name: Cannabis sativa L. What it means in a layman’s term is that 99%-pure CBD oil made from cannabis or hemp with a mix of very little psychoactive THC is no longer a narcotic under the Narcotics Act of 1979. Foreign Investments in Local Cannabis Production.

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Cannabis Law Report

NOVEMBER 7, 2019

7, 2019 /PRNewswire/ — Vireo Health International, Inc. (“Vireo” or the “Company”) (CNSX: VREO; OTCQX: VREOF), a leading physician-led, science-focused, multi-state cannabis company, today announced that it has named Bruce Linton to the role of Executive Chairman. Here’s the full press release. MINNEAPOLIS, Nov.

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Cannabis Law Report

AUGUST 4, 2021

We thus provide comparison with the pre-pandemic period of H1 2019 as an additional data point. Core Business organic growth was 16% in H1 2021 vs. H1 2019, and close to 13% vs. H1 2019 corrected for the EUR 62m estimated missing revenues from the cyber-attack of 2 June 2019. for the three historic TIC leaders.

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Cannabis Law Report

SEPTEMBER 10, 2022

The Oregon legislative Task Force on Cannabis-Derived Intoxicants and Illegal Cannabis Production is exploring potential reforms to the state’s regulation of cannabinoid products and legislation for 2023 to combat what law enforcement believes is an increase in illicit marijuana production.

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Cannabis Law Report

AUGUST 7, 2019

There are currently more than 15 million users of cannabis-derived products in these six European nations, according to a 2019 European Cannabis research report from Prohibition Partners Intelligence and by 2028, these countries will account for more than US$67 billion in cannabis and hemp-derived product sales.

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Cannabis Law Report

FEBRUARY 14, 2020

Aurora Cannabis Announces Second Quarter 2020 Results. Net Cannabis Revenue, excluding provisions, of $63.2 Successful Launch of Cannabis 2.0 Consumer Cannabis Net Revenue, excluding provisions, Grows at 11% Over Prior Quarter. 13, 2020 /CNW/ – Aurora Cannabis Inc. Cannabis net revenue of $63.2

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SpeedWeed

MARCH 15, 2021

Cannabis taxes can be a pain in the pocketbook, but they keep marijuana legal and well regulated. Adult-use states tend to tax non-medical cannabis at so-called sin tax rates, 20% to 35% and higher, much like alcohol. For others, a $50 or $100 med card renewal may save them thousands in adult-use cannabis excise taxes.

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Cannabis Law Report

AUGUST 30, 2019

Ballot initiative campaigns to approve adult-use and medical cannabis, respectively, moved closer to appearing on the 2020 ballot in Arizona and Idaho, while a similar effort to put the issue of adult-use cannabis to Ohio voters has met with legal challenges from the State Election Board. The SAFE Banking Act (H.R.

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Canna Law Blog

FEBRUARY 14, 2024

Similarly to many career politicians who now support criminal justice reform after decades of supporting the most unjust policing and sentencing laws, President Joe Biden has been notably lacking in keeping the pro-cannabis and criminal justice reform promises he ran on in the contentious and chaotic election that was 2020.

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Cannabis Law Report

OCTOBER 6, 2019

As of 2018, legal cannabis was a nearly $11 billion industry, at least according to sales figures published by Arcview Market Research and BDS Analytics in their annual State of the Legal Cannabis Markets report. Supreme Cannabis Company: Forward P/E of 9.2. This is what makes owning marijuana stocks so exciting.

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Greenspoon Marder Cannabis Law Group Blog

APRIL 20, 2021

Despite the difficult year that was 2020, it was a great year for cannabis reform and normalization. In honor of the great strides cannabis reform has taken, we wanted to take a look at the milestones cannabis policy reform has taken during the pandemic. Cannabis is Deemed Essential – March 2020.

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Kind Meds (Cannabis Education Blog)

FEBRUARY 7, 2022

Historical evidence suggests that humans worldwide have been cultivating and consuming cannabis for tens of thousands of years, but cannabis use has skyrocketed in recent years, especially in the US. Our ancestors consumed cannabis flower for recreational, medicinal, and spiritual purposes.

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SpeedWeed

JULY 20, 2021

Herring is currently seeking applications for an attorney to serve as the Commonwealth of Virginia’s first full-time, dedicated cannabis attorney, according to July 19 press release. Attorney General Herring supports the recent changes to the state’s cannabis laws. “By Adult-Use Cannabis in Virginia.

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Cannabis Law Report

OCTOBER 26, 2019

What with share prices tumbling in the US & Canada we notice cannabis media are sloshing around looking for the next good news story and this past week Germany appears to be in vogue. MJ Biz run the “New data reveals top medical conditions for which cannabis is reimbursed in Germany” story.

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Cannabis Law Report

JUNE 30, 2019

In this week’s edition: The US House passes bipartisan measure to prevent the Department of Justice from interfering with state medical and adult-use cannabis laws. The Delaware Senate passes legislation making violation of cannabis consumption/possession laws by minors a civil rather than criminal infraction.

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Veriheal

APRIL 1, 2022

The German federal government may only have legalized cannabis for medical purposes back in 2017, but the market has already earned enough appeal for big-name players to get involved. Now, as the country contemplates adult-use cannabis legalization , all eyes are on Deutschland. billion (USD$8.4 billion) by 2028.

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SpeedWeed

MARCH 2, 2021

Ralph Northam expected later this week, Virginia will become the 16th state to legalize cannabis for adult use—although legalization won’t actually take effect until 2024. The pressure is really on lawmakers at every level of government to take action,” said Carly Wolf, NORML’s state policies director. With the signature of Gov.

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Dykema (Cannabis Law Blog)

DECEMBER 21, 2023

In 2023, historic strides were made in the efforts to pass federal legislation to protect financial institutions that do business with the cannabis industry. The SAFE Banking Act is a bill that aims to protect banks that serve legal cannabis businesses from federal penalties.

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