Cannabis Law Report

DECEMBER 23, 2019

Posted by Alexa Steinberg, Esq. | Dec 20, 2019 . To kick us off, hemp was legalized at the federal level, and we entered into unchartered territory, navigating uncertain waters of the newest arm of the cannabis industry with a lack of regulation or guidance. TOP Defining Moments in Los Angeles Cannabis.

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Law Banking Hemp Retail 59

NORML

MAY 19, 2020

Attorneys Generals from 34 states and territories sent a letter today to Congressional leadership urging members to expeditiously pass The Secure and Fair Enforcement (SAFE) Banking Act so that state-licensed cannabis business can explicitly engage in relationships with banks and other financial institutions.

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Banking Marijuana Legislation Safety 363

Cannabis Law Report

AUGUST 4, 2021

Most of those states also apply their general sales tax to cannabis sales, and some allow localities to levy additional taxes. In total, states with licensed markets collected $1.7 State Marijuana Tax Collections Continue to Grow. Collections in States with Operational Markets in FY 2020 and FY 2021. oz cannabis plant.

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Collective Marijuana Retail Data 105

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

NORML

APRIL 23, 2020

Activists have been working for months registering new voters, collecting signatures, and educating the public, in hopes of giving voters in their state the opportunity to make their voices heard and cast their vote for marijuana. Only adults at least 21 years of age could use cannabis. ounces of cannabis per 14-day time period.

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Collective Access Patients Marijuana 287

Cannabis Law Report

AUGUST 26, 2019

While the start of 2019 was dominated by companies well-positioned to enter the space – vape companies, for example – Q2 gave way to large retailers like CVS and Walgreens, signaling to the rest of the country that CBD is going mainstream. What is Driving the Massive Growth for 2019? CBD market could reach $23.7 The Report.

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CBD Pets Retail Collective 45

Cannabis Law Report

MARCH 30, 2022

Health Canada collects the fees to help defray the cost of regulatory-related services such as security screenings and import/export permits. That’s more than 10 times the previous year’s $72,000 in unpaid fees for fiscal year 2019-20. The agency’s data showed overdue fees as of Dec. More at.

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Retail Marijuana Collective Data 52

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. growth in retail revenue and 208% growth in wholesale revenue. million for the second quarter of 2019 compared to ($3.3)

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Retail Dispensary Research and Development Cultivation 45

Cannabis Law Report

OCTOBER 23, 2021

Colorado Proposition 119: Increasing Cannabis Taxes. 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 collected $410 million in cannabis excise tax es in FY 2021 from a 15 percent wholesale tax and 15 percent retail tax.

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Collective Education Programs Consumption 52

Cannabis Law Report

MARCH 7, 2020

PUBLISHER: CANNABIS LAW REPORT. cannabis industry in 2018? The scary question as discussed directly in Ryan Miller’s June 2018 article on Recycling in the Cannabis Industry : Nipping a cannabis garbage problem in the bud. Cartridges, Batteries and Waste, Oh My! What about sustainability in the U.S.

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Vaping Collective Dispensary Cannabis 87

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). Taxable Sales Reported by Adult-Use Retail Stores and Medical Dispensaries. 1,003,467,665. Clark County. 791,100,017.

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Compliance Compliance Data Retail 52

SpeedWeed

MARCH 12, 2021

Each year on March 8, we honor this tradition by highlighting the women of Cannabis Conference, an impressive roster of women shattering glass ceilings, making space for themselves and other notable women in the burgeoning cannabis industry. . As we continue to announce speakers for Cannabis Conference (Aug. Theresa Bennett.

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Retail Dispensary Media Supply Chain 52

Cannabis Law Report

APRIL 9, 2022

Compliance in the cannabis industry is fraught with risk across areas like licensing, equipment, testing, distribution, and retail sales – and insurance professionals are a big part of addressing all of that (or they should be). She has been with the publicly traded company since 2019.

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Compliance Compliance Supply Chain Sleep 52

Cannabis Law Report

MARCH 29, 2020

Some cannabis operators in Santa Barbara County still don’t pay taxes, but there are signs that the county is closing in on them. Of 106 licensed cannabis growers and processors in county unincorporated areas, 15 failed to report their gross revenues during the most recent quarter, from Oct. million in tax revenues from cannabis.

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Supply Chain Collective Cannabis Programs 59

Cannabis Law Report

JANUARY 16, 2020

Portland, OR — The Oregon Liquor Control Commission is issuing an immediate health and safety advisory due to the identification of potentially unsafe pesticide residue on plant material used in a packaged retail marijuana product. The product was sold through nine OLCC licensed marijuana retailers around Oregon.

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Marijuana Packaging Retail Agriculture 93

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

SpeedWeed

MARCH 31, 2021

Most people will probably count 2020 as one of the most challenging years in recent history, but for the US cannabis industry, it was the best year yet. Last year, state-legal weed retailers moved nearly $18 billion worth of product, and over $3 billion worth of that money went straight into the coffers of state and local governments.

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Legalization Collective History Retail 52

Canna Law Blog

DECEMBER 21, 2022

Cannabis litigation is growing as the industry matures. Out of that rush is now springing more landlord/tenant cannabis litigation. CJ World’s cannabis litigation. GRG Collective ), the allegations between the parties centered around Phase II licensing in the City of Los Angeles. In Los Angeles, the repeal of Prop.

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Cultivation Cannabis Collective Education 76

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

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 85

Cannabis Law Report

AUGUST 5, 2019

Proprietary system developed by the Hemp Engine development team and Sprout , the leading CRM provider to the cannabis industry and a MariMed strategic partner. A turnkey retail and educational in-store platform for emerging CBD sector. Provides major benefits to both small and mass market retailers and their customers.

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Retail Hemp CBD Seed-To-Sale 40

NORML

MARCH 20, 2019

These bills would legalize the personal possession of one ounce or less of cannabis and would regulate and tax the adult-use and retail sale. Taxing marijuana sales at three-percent, which will be collected by or paid to municipalities wherever retail stores exist. Some highlights of this landmark legislation are-.

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Law Marijuana Legislation Retail 147

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

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

MassRoots

FEBRUARY 17, 2019

In 2018, the first full year of operations for the retail medical marijuana program in Pennsylvania, patients spent more than $130 million on the herbal medication. Of the card-holding patients, more than 83,000 purchased products from a dispensary, and more than 600,000 transactions were collectively reported by the licensed dispensaries.

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Marijuana Programs Dispensary Collective 105

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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Legalization Seed-To-Sale Programs Dispensary 97

Cannabis Law Report

OCTOBER 10, 2019

PUBLISHER: CANNABIS LAW REPORT. This new law which has been unnoticed by most in California’s cannabis industry could be applied to Weedmaps and others who facilitate sales of cannabis to California residents. The California Dept. This new law is referred to as the Marketplace Facilitator Act. ,

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Collective Retail Research and Development Law 40

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

FEBRUARY 20, 2020

The Long Beach Collective Association (“ LBCA “), cannabis business owners, policy advocates, patients, consumers, and city officials came together to support the city’s legal cannabis business community to lower taxes. The regulated cannabis market is hurting across the state and the sales numbers reflect it. MRR report.

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Collective Policy Cannabis Cultivation 59

MassRoots

MARCH 14, 2019

The first medical cannabis product manufacturing license was just awarded in Ohio, giving patients in the program a reason to celebrate. In the same facility, a 25,000 square foot space is dedicated to cultivating cannabis plants. Only four retail locations were open for business on the first day that sales began.

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Edibles Patients Tincture Programs 80

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

Cannabis Law Report

AUGUST 24, 2019

PUBLISHER: CANNABIS LAW REPORT. Why guidelines about medicinal cannabis but not adult-use cannabis? Why guidelines about medicinal cannabis but not adult-use cannabis? Most of the “leaders” involved in California’s cannabis industry assume medicinal cannabis is dead.

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Collective Medicine Dispensary Retail 56

NORML

MARCH 8, 2019

Activists in Nebraska, along with two pro-legalization Senators, qualified a 2020 medical cannabis ballot initiative petition to begin collecting signatures from registered voters in the state. Legislation is pending, Senate Bill 440, to prohibit the availability of cannabis-infused food and drink products for qualified patients.

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Legislation Patients Access Seed-To-Sale 174

Cannabis Law Report

MARCH 4, 2019

CPA’s” PUBLISHER: CANNABIS LAW REPORT. CDTFA Cannabis Tax Audits – on February 28, 2019, we published [ Dispensaries Need Accurate Receipts ] to describe the financial records a dispensary must prepare and maintain as well as the receipts a dispensary must issue to. There are multiple reasons.

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Collective Dispensary Cannabis Retail 45

Cannabis Law Report

OCTOBER 19, 2021

and Canada, Company Growth and New Integrations with Key Entities to Help Cannabis Entrepreneurs Grow their Businesses through Gift Card Technology. and Canadian cannabis markets. Founded in 2020, Birchmount brings gift card and related marketing solutions to cannabis retailers in the U.S. OAKLAND, Calif., seed round.

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Programs Seed-To-Sale Retail Compliance 52

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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Strains Concentrates Extraction Hybrid 97

SpeedWeed

APRIL 18, 2021

Legal pot retailers started busting new sales records month after month, eventually selling an impressive $670 million worth of weed by the end of last year. 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. .

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Collective Programs History Legalization 52