SpeedWeed

FEBRUARY 19, 2021

Canadian sales of legal recreational cannabis totaled 2.6 Licensed marijuana retailers across the country sold CA$298.4 million worth of cannabis in December, up 14.3% from November, according to new retail trade data released Friday by national data agency Statistics Canada. billion Canadian dollars ($2.08

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SpeedWeed

FEBRUARY 27, 2021

Michigan’s recreational cannabis market will open up to new competition beginning March 1, when applicants for multiple classes of adult-use marijuana licenses will no longer require an active medical MJ permit to be eligible. The eligibility requirement is being removed for five license types: Marijuana retailer.

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The Blunt Truth

MAY 12, 2020

True to form, recreational marijuana retailers in LA and several markets in the US where stores remained open saw an immediate spike in sales; there was a 159% increase in California over the same time period in 2019. And this author has since plowed through Ozark, The Wire, and Succession.). Note that whereas U.S.

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Retail Access Recreational Media 98

Cannabis Law Report

AUGUST 18, 2021

SAN FRANCISCO–( BUSINESS WIRE )– Eaze , the nation’s largest cannabis delivery marketplace, and multi-state retail leader Green Dragon are pleased to announce they have reached an agreement to provide service to customers and patients in California, Colorado, Michigan, and Florida. About Eaze. With over 7.8

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Retail Supply Chain Cultivation Access 98

Cannabis Law Report

MAY 30, 2019

That’s according to exclusive projections from the 2019 edition of the Marijuana Business Factbook. Retail sales of medical and recreational cannabis in the United States are on pace to eclipse $12 billion by the end of 2019 – an increase of roughly 35% over 2018 – and could rise as high as $30 billion by 2023.

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SpeedWeed

AUGUST 6, 2021

There is one cannabis question that is regularly searched across a variety of Internet platforms: How many states have legalized adult recreational use of cannabis as of today? As a cannabis law professor and a legal analyst for emerging cannabis businesses, I often am asked that very question.

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The Blunt Truth

MARCH 7, 2019

Senator Cory Booker (D – NJ) has introduced the Marijuana Justice Act of 2019 that would legalize cannabis at the federal level, remove it from the schedule of controlled substances and expunge federal marijuana-related criminal records. This legislation would set up a retail marketplace.

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Cannabis Law Report

MARCH 23, 2020

On March 2, recreational marijuana sales in California, Colorado and Washington state were all up over the same time period in 2019, from a modest 8% increase in Colorado to a whopping 88% in California. Washington state’s sales were down 2% while Colorado saw a 19% decrease over the same time period in 2019. Full report.

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Retail Recreational Cannabis Business 59

NORML

APRIL 12, 2019

The study determined: “States that legalize recreational cannabis see an immediate bump in home values following legalization, even without retail dispensaries opening up. Cities that regulated retail marijuana facilities experienced an even greater increase in overall home prices.

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MMJ Recs

SEPTEMBER 15, 2021

The state issued its first MMJ business licenses in late 2019, but the Missouri MMJ program was a little slow to get off the ground. With legal MMJ proving to be so beneficial for the state of Missouri, a lot of people are now wondering: what is the situation with recreational MMJ in Missouri? Read on to find out.

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NORML

APRIL 7, 2020

Incidences of the vaping-related lung illness EVALI (e-cigarette or vaping product use-associated lung injury) are primarily concentrated to jurisdictions where adult-use cannabis consumption is prohibited, according to data published in the Journal of the American Medical Association (JAMA) Network Open.

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NORML

AUGUST 29, 2019

Remarks made today by the United States Surgeon General highlighting “the importance of protecting our nation from the health risks of marijuana use in adolescents and during pregnancy” fail to acknowledge the role that a regulated market can play in mitigating the use of cannabis by potentially high-risk populations.

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Canna Law Blog

MARCH 1, 2019

The Oregon legislature has been grappling with cannabis for five consecutive years. At this point, over a month into the 2019 session, a preponderance of legislators appear vaguely inclined to “let it ride” and drop the big ideas when it comes to cannabis. Talking with those in Salem trenches, one senses some fatigue.

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Cannabis Law Report

AUGUST 18, 2021

Combined Operations Pair Eaze Delivery Expertise with Green Dragon Retail Operations Excellence, Expanding Consumer Access to Cannabis Across Four of the Fastest-Growing U.S. The combined company will operate 42 delivery and storefront retail locations and serve markets with a combined value of nearly $10 billion.

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Retail Supply Chain Cultivation Access 98

The Blunt Truth

MARCH 28, 2019

No news is big news this week, as New Jersey failed to pass legislation legalizing recreational marijuana. In other marijuana banking news, an Illinois Senate panel advanced a bill that would prohibit penalizing or dissuading banks and credit unions from doing business with the cannabis industry. See you next week!

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Banking Recreational Legislation Retail 87

Veriheal

MARCH 17, 2023

Who would have thought that cannabis cultivation could be Alaska’s biggest earner? Throughout the pandemic, recreational cannabis sales in Anchorage — Alaska’s largest metropolitan area — continuously inflated. This is 25% more than the sales revenue recorded during the same time period in 2019.

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Cannabis Law Report

FEBRUARY 13, 2019

For those engaged in the legal cannabis industry in Oregon, the 2019 Oregon Legislative Session is of the utmost importance and relevance. . HB 2233 is nearly identical to SB 639, however it only provides for the regulation of temporary events and cannabis lounges. SB 639 AND HB 2233.

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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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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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Cannabis Law Report

JULY 19, 2019

The Commission approved the following fines and/or marijuana license suspensions, license surrenders, or marijuana worker permit surrender based on stipulated settlements: Green Depot * will surrender its recreational marijuana wholesaler license for six violations, and each licensee will receive a letter of reprimand.

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Compliance Compliance Recreational Retail 55

Veriheal

JULY 11, 2022

New York’s Cannabis Control Board has decided on some things regarding the legal cannabis industry in the state. Now that both medical and recreational cannabis is legal in New York, there are some things that residents and visitors should know. Legal Cannabis Will Bring in Billions of dollars and Thousands of Jobs.

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Cannabis Law Report

JUNE 9, 2021

In 2012, voters in Washington State approved a ballot measure that made recreational cannabis legal. Since then, the legal cannabis industry has grown year after year. In certain Washington counties, cannabis purchases now outpace those of tobacco. In 2020, legal cannabis in Washington added an estimated $1.8

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Cannabis Law Report

JULY 18, 2019

CPA’s “ PUBLISHER: CANNABIS LAW REPORT. Wake Up California Cannabis Growers Its 2019 and the world you may have grown up and worked in since the late 1990’s was changed forever on January 1, 2018 due to the passage of SB 94 [Proposition 64]. . “aBIZinaBOX Inc.,

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SpeedWeed

SEPTEMBER 2, 2021

Less than three years after the first licensed recreational marijuana retailers began doing business in Massachusetts, regulated cannabis dispensaries have rung up more than $2 billion in adult-use cannabis sales, state officials announced on Wednesday. . Sales for all of the 2019 calendar year amounted to $444.9

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Retail Recreational Dispensary Cannabis 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

The Cannigma

JUNE 2, 2021

Medical: Legal Recreational: Largely decriminalized. Medical cannabis has been legal in Germany since 2017 when the parliament voted unanimously to legalize it and require public health insurers to cover treatment. Despite Germany’s very expansive medical cannabis program, the country still has not legalized recreational cannabis.

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The Blunt Truth

JULY 16, 2019

Cannabidiol, also known as CBD, is a non-intoxicating compound found in cannabis and hemp, said to have certain medicinal qualities. The 2018 Farm Bill changed federal law to permit the broad cultivation of hemp (defined in the legislation as a cannabis plant with not more than 0.3%

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Retail CBD Food Hemp 81

The Cannigma

DECEMBER 24, 2022

Medical: legal Recreational: decriminalized. Although adult-use cannabis is not legal, Croatia has a relatively progressive approach to cannabis laws. Since 2013, the possession of cannabis for personal use is considered a misdemeanor and punishable by a fine of between €650-2,600. Cannabis in Croatia.

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Law Decriminalization Cultivation Recreational 59

Cannabis Law Report

JULY 1, 2021

Harvest Health & Recreation Inc. (“Harvest”) ( CSE: HARV , OTCQX: HRVSF ), a vertically integrated cannabis company and multi-state operator in the U.S., About Harvest Health & Recreation Inc. Headquartered in Tempe, Arizona , Harvest Health & Recreation Inc.

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Recreational Retail Banking Treatment 105

Cannabis Law Report

AUGUST 20, 2019

The seller of the Business operates a retail cannabis dispensary in Denver. This potential transaction follows the Company’s recent announcement of its entry into non-binding term sheets to acquire other licensed cannabis entities in Colorado. Colorado has been the national leader in legalized cannabis sales. DENVER, Aug.

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Retail Cultivation Cannabis Business 45

The Cannigma

APRIL 19, 2021

Medical: Very limited Recreational: Illegal Reciprocity: No. Texas is the largest state in the US without legal recreational cannabis or a large-scale medical cannabis program. Texas is the largest state in the US without legal recreational cannabis or a large-scale medical cannabis program.

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Canna Law Blog

JULY 10, 2023

California has the biggest legal cannabis market in the world – it’s a larger economy than some small nations. California has a big illegal cannabis market problem Back in 2019, I quoted reports that there were 3,000 illegal businesses in the state. Cannabis is federally illegal.

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Veriheal

APRIL 16, 2021

Virginia’s governor expedites the date for recreational legalization. New Yorkers are now free to enjoy the pleasures of cannabis, and the University of Connecticut launches cannabis cultivation courses for non-degree-seeking students. Virginia has moved up the date for adult-use cannabis legalization .

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Cannabis Law Report

SEPTEMBER 13, 2021

They are still out there… The state deadline for “opting out” of cannabis retail sales is approaching as Delaware County’s 19 towns and 10 villages grapple with a push from the county sheriff to get cannabis operations banned. More at [link].

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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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Veriheal

JUNE 9, 2022

Just a day after worldwide celebrations of cannabis, legal sales of recreational marijuana became for New Jersey residents. On April 21st, 2022, the state opened the doors to recreational cannabis sales within authorized medical dispensaries. The History of Medical Cannabis in New Jersey.

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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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