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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. local sales tax on adult-use cannabis and has collected $237.5 This document reviews each state’s adult-use cannabis tax structure, population, and revenue from legalization. million as of November 2021.

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Legalizing Marijuana- What Economic Benefits Does the Act Bring Along?

Cannabis Law Report

Studies show that in 2019, Colorado collected more than $302 million as fees and taxes on recreational and medical marijuana. million as aggregate federal tax revenue by 2025. Jobs and Income: Setting up dispensaries and marijuana nurseries would be the first step for states to vote for medical marijuana.

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RYAH Group Ships Devices for Use in Pilot Program with Medicann in Jersey, Channel Islands

Cannabis Law Report

Medicann is launching an observational study using RYAH Smart Dry Herb Inhalers in order to collect patient feedback on consumption of cannabis strains available on the Island, including strains supplied by Aurora Europe , a subsidiary of Canadian-headquartered Aurora Cannabis Inc., In 2019, the island’s economy grew by 2.1%

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Leading Cannabis Gift Card Program Provider, Birchmount Network, Closes $2.5M in Seed Round of Funding

Cannabis Law Report

Birchmount is backed by a management team with a collective 20+ years of experience in the gift card industry managing programs for some of the world’s top brands, including Starbucks, Sephora, Lululemon, Shoppers Drug Mart, Kroger and more. The company will power programs for roughly 500 dispensaries across the U.S. billion in 2021.

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California: Starting April 1st, Cannabis Operators Face CEQA Compliance Requirements for State Licenses

Cannabis Law Report

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). However, in 2019, California lawmakers reauthorized the program, this time with a 2-year window. City of San Diego (2019) 7 Cal.5th

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iAnthus Announces Closing of Recapitalization Transaction, $25 Million Additional Financing and Other Corporate Updates

Cannabis Law Report

Ellis joined the Company on December 5, 2019 as part of the formation of the Company’s independent Board. “Speaking on behalf of the entire iAnthus team, we have been very fortunate to have both Michael and Diane on the Board for the last two and a half years. Changes to the Board of Directors (the “Board”).

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MPP Report: Marijuana Tax Revenue in States that Regulate Marijuana for Adult Use

Cannabis Law Report

Eight of the laws passed in 2020 or 2021, and in seven of those states, licensing and tax collections have not yet begun. local sales tax on adult-use cannabis and has collected $210.6 Eighteen states have enacted laws legalizing, taxing, and regulating cannabis for adults 21 and older. million as of April 2021. 46,104,922. April 2021.