WeedAdvisor

SEPTEMBER 26, 2019

As Illinois prepares to follow through with their recreational marijuana rollout, Marijuana Business Daily reports the state’s biggest increase in medical cannabis sales throughout the program’s history. By August of 2019, this practically doubled, hitting 83,000. WeedAdvisor’s Anticipation for the Illinois Cannabis Market. .

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Canna Law Blog

MARCH 23, 2019

It’s amazing to experience such an impressive international gathering like Spannabis taking place in a country where, regardless of the massive cannabis culture and high social tolerance, legislation on the matter is way behind, and keeps criminalizing and punishing anything that goes beyond private consumption and self-growing.

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Consumption Food Retail Cannabis 63

Illinois News Joint

JANUARY 5, 2023

The Illinois Department of Financial and Professional Regulation (IDFPR) announced today the totals for adult-use cannabis sales in December and final total sales for the entire year. Illinois also sold the most cannabis items in one month since legalization at 3,446,978. December sales totals broke a record for monthly sales totals.

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Dispensary Recreational Cannabis Collective 75

The Blunt Truth

DECEMBER 19, 2019

Protections for recreational programs were not. Organizers in Oklahoma filed a petition to put legalization on their ballot; now they need to start collecting signatures. Although cannabis will be legal statewide in Illinois as of January 1, 2020, legalization may not come to the city of Chicago until the summer.

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Banking Agriculture Collective Legislation 61

Cannabis Law Report

AUGUST 4, 2021

With several states contemplating legalization of recreational marijuana, and federal lawmakers starting the process of federal descheduling , it is a good time to examine the tax implications of legalization. Most of those states also apply their general sales tax to cannabis sales, and some allow localities to levy additional taxes.

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Collective Marijuana Retail Data 105

Cannabis Law Report

JUNE 2, 2021

When Michigan voters legalized recreational marijuana in 2018, they mandated that “until 2022 or for at least two years” $20 million in marijuana tax revenue should go to research. 1, 2019, the day legal sales began, and Sept. Government revenue collected in recreational marijuana excise taxes totaled $31 million in fiscal year 2020.

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Clinical Trials Marijuana Recreational Collective 105

The Cannigma

SEPTEMBER 12, 2021

College-aged adults are using cannabis at the highest rates since the 1980s and daily use has increased dramatically in just the past five years, according to a new study. The 2020 Monitoring the Future (MTF) Panel Study found that 44% of college students reported using cannabis in 2020, compared to 38% in 2015.

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Cannabis Collective Legalization Vaping 98

Cannabis Law Report

DECEMBER 4, 2021

A marijuana cultivator and producer in Washoe County could lose its license after it avoided paying hundreds of thousands of dollars in taxes, according to a complaint filed by the Cannabis Compliance Board this week. The state collects a 15 percent wholesale cultivation and production tax on marijuana in the state.

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Cannabis Law Report

AUGUST 3, 2021

After the state legalized recreational marijuana in March, the lawmakers and advocates who pushed for the law have been criticizing Gov. On June 28, it became the first tribe in the state to legalize recreational marijuana. But the tribe had been working on regulations since December 2019 following a tribal referendum on the matter.

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Cannabis Law Report

JULY 29, 2021

When it comes to buying a cannabis enthusiast’s home, the resale value research is less clear, though 30% of realtors say they have struggled to sell a house where cannabis was grown. Legal cannabis raises home value. There’s been a lot of chatter surrounding cannabis and the real estate market. Key Findings.

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Data Legalization Education Programs 116

Veriheal

JANUARY 7, 2022

According to a recent report published in JAMA Pediatrics , the number of adolescents who reported vaping cannabis within the previous 30 days has increased substantially since 2013—specifically, from 1.6% After the 2019 vape crisis that resulted in at least 68 deaths across the U.S., Time for Modern Approaches to Cannabis.

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Vaping Education Data Consumption 98

Cannabis Law Report

SEPTEMBER 9, 2021

The current public policies in local and state cannabis ordinance and equity programs may enhance racial disparities if they follow the pattern of exclusion and criminalization that encompass past policies promoted as beneficial to African Americans but uphold racial capitalistic practices. Authored By: By Dr. Ayoka Nurse.

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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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Retail Dispensary Research and Development Cultivation 45

Cannabis Law Report

MARCH 21, 2020

Law Enforcement Related to Cannabis. The Cannabis Act , which sets out the legal framework for controlling the production, distribution, sale and possession of cannabis across Canada, came into force on October 17, 2018. To support Indigenous participation in the regulated cannabis market, [Redacted]. Background.

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Safety Research and Development Data Cannabis 88

Veriheal

FEBRUARY 21, 2023

As medicinal and recreational cannabis legalization continues to sweep across the United States, a recent study paints a concerning portrait of many states denying or restricting medical marijuana (MMJ) access. Why Do MMJ Patients Use Cannabis? How Do MMJ Restrictions Affect Patients and Doctors?

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Kind Meds (Cannabis Education Blog)

NOVEMBER 2, 2022

Just as every cannabis user is different, the unique characteristics of the company producing your flower or concentrates can drastically affect the quality of the cannabis and the experience you’ll have with the product. Cannabis is a popular pastime in Arizona , and finding the best local supplier can vastly improve your experience.

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Illinois News Joint

APRIL 2, 2023

One of the comments we get most, especially after publishing monthly cannabis sales totals, is, “Where’s all that tax money going?” According to the CROO website, the Illinois Department of Revenue posts monthly updates how the Cannabis Regulation Fund gets distributed. For more Illinois cannabis industry news, visit here.

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Education Cannabis Collective Programs 84

Cannabis Law Report

OCTOBER 13, 2021

CCB/DoT Release Annual Cannabis Taxable Sales Data. Nevada’s legal cannabis industry sees more than $1 billion in taxable sales for FY21 – $159 million transferred to the Distributive School Account (DSA). Additionally, over $92 million in Retail Cannabis Excise Tax Revenue was transferred to the DSA in FY 21.

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Compliance Compliance Data Retail 52

Cannabis Law Report

SEPTEMBER 24, 2019

Monday, September 23, 2019. As early as September 23, 2019, the United States House of Representatives is expected to vote on the widely anticipated Secure and Fair Enforcement (SAFE) Banking Act. Today’s cannabis industry encompasses the growth, processing, distribution, and other ancillary services related to both hemp and marijuana.

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Banking Law Compliance Compliance 40

SpeedWeed

MARCH 24, 2021

The Chicago Tribune reports that the $10 million “will be funded through marijuana sales tax revenue along with some donations,” a move that was greenlit by aldermen in Evanston back in 2019 that directed “all sales tax revenue collected from recreational marijuana purchases, with a cap of $10 million, to the local reparations fund.”.

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Recreational Policy Programs History 52

Cannabis Law Report

JULY 25, 2022

29 will start accepting applications from “responsible officials” for the island’s recreational cannabis industry, which is the first step before cannabis businesses and their employees can be licensed and permitted to operate. 29, which is when Guam law requires the government to start accepting cannabis industry applications.

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Banking Recreational Business Retail 52

Cannabis Law Report

OCTOBER 1, 2021

Cannabis clubs may have been voted down. but this may well happen which in turn could open up the cannabis clubs conversation again. Podemos announces that in October it will present a bill to legalize recreational cannabis for adults. We can announce a bill to legalize cannabis. La Marihuana again.

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Law Legalization Recreational Cultivation 52

Cannabis Law Report

JUNE 28, 2021

October 17, 2018, was the day when Canada approved recreational cannabis as per the Canada Act. But it saw a loss in the market value initially and was waiting eagerly for Cannabis 2.0. . The day arrived exactly one year later when Canada saw a second wave of cannabis legalization. Cannabis Sales Doubled in 2020.

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Supply Chain Research and Development Packaging Cannabis 111

Cannabis Law Report

MARCH 13, 2020

SFIST reports… A new report by the City of San Francisco’s Controller’s Office shows that individual cannabis retailers are seeing declining sales in the two years since full recreational legalization — and that’s due both to there being more permitted stores, and the still flourishing illegal market.

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Environment Retail Collective Safety 59

Cannabis Law Report

DECEMBER 6, 2019

by Douglas Sargent | Dec 5, 2019 | Legislation , Medical Marijuana , Recreational Marijuana , Taxation | Illinois. As we wrote about here , Illinois lawmakers last month passed a bill designed to clean up parts of the Cannabis Regulation and Tax Act. Yesterday, Gov.

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Law Collective Legislation Edibles 59

Cannabis Law Report

MARCH 25, 2020

Santa Clara City Council members voted to ban all cannabis-related activity in a 5-1 vote on Feb 11. Santa Clara residents will now watch on from the bench as other California cities embrace the booming cannabis industry. Mayor Gillmor said she expects negative fallout from residents and groups that supported Measure M.

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Collective Recreational Cannabis Programs 45

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.

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Legislation Legalization Marijuana Recreational 105

SpeedWeed

JULY 29, 2021

Colorado Governor Jared Polis announced the official launch of the Cannabis Business Office (CBO), which will manage multiple aspects of business owner support and social equity in the industry. Governor Polis said in a statement on July 28 that the new office will help improve the state’s already thriving cannabis industry.

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Data Collective Business Cannabis 52

Cannabis Law Report

APRIL 20, 2019

— At its monthly meeting on April 18, 2019 the Commissioners of the Oregon Liquor Control Commission approved six marijuana violation stipulated settlement agreements. Cosmic Treehouse* will pay a fine of $6,435 or serve a 39-day recreational marijuana wholesaler license suspension for two violations. Licensees are: Elsner, Inc.;

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Marijuana Recreational Compliance Compliance 55

SpeedWeed

MAY 27, 2021

States that have legalized adult-use marijuana sales have seen billions of dollars in fresh tax revenue from cannabis, according to a new study. billion in tax revenue from legal, adult-use marijuana sales,” while “cities and towns have also generated hundreds of thousands of dollars in new revenue from local adult-use cannabis taxes.”.

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Collective Retail Policy Cannabis 52

Cannabis Law Report

NOVEMBER 24, 2019

Total sales of recreational marijuana totaled $41.71 October marked the recreational marijuana industry’s 16th month of operations in Nevada. The wholesale marijuana tax, a 15 percent rate that is paid by medical and recreational marijuana cultivators, brought in $4.07 million in October. million this fiscal year.

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Marijuana Collective Recreational Retail 59

Cannabis Law Report

AUGUST 7, 2019

Tuesday, August 6, 2019. SACRAMENTO – Today, the California Department of Justice released the “Guidelines for the Security and Non-Diversion of Cannabis Grown for Medicinal Use” to clarify the state’s laws governing medicinal cannabis, specifically those related to the enforcement, transportation, and use of medicinal cannabis.

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Medicine Collective Cultivation State Laws 40

The Cannigma

AUGUST 18, 2021

But what makes a hotel “420-Friendly,” and what about hotels where cannabis is an integral part of the curated experience? The idea is that it’s a hotel where not only can you be confident that the staff won’t call the police on you, you will also know that it is particularly catering its experiences in part towards fellow cannabis fans.

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Dispensary Vaping Cannabis Packaging 122

Cannabis Law Report

JANUARY 16, 2020

The OLCC has locked down the product in the Cannabis Tracking System (CTS) to prevent further distribution or sale to consumers. The impacted Winberry Farms Sweet Leaf Products were sold from December 17, 2019 through January 8, 2020 at the following licensed retailers: Spark, 5103 NE Fremont Street, Portland.

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Marijuana Packaging Retail Agriculture 93

Cannabis Law Report

SEPTEMBER 15, 2019

The full media report dated 30 August 2019 can be found at. Medizinisches Cannabis bringt dem Staat Millionen. million tax revenues through cannabis as medicine. million euros in tax revenues with medicinal cannabis in 2018. In total, 83 million euros were grossed last year with cannabis medicines. . reported. ).

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Media Medicine Collective Data 45

Cannabis Law Report

JULY 20, 2019

Venture capitalists seem to love the growing legal cannabis market and the lucrative opportunities that come with it. billion of VC investment in the US toward cannabis startups, and 2019 has already crossed that mark by nearly half a billion dollars. . The biggest deals in cannabis. The top VC investors in cannabis.

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Research and Development Recreational Cannabis Business 40

Cannabis Law Report

JUNE 20, 2019

Our best guess is that license applications will become available in October/November 2019, and Drummond Woodsum’s Regulated Substances Group will continue to send updates. . With a 10 percent sales tax, and a 10 percent excise tax, Maine is expecting to collect about $4.4 ” Also read the Press Herald Report.

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