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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. million) | Tax rate: 15% wholesale, 15% special retail. Colorado’s 15% wholesale excise tax and its 15% special retail tax do not apply to those sales. Colorado (pop. of the population enrolled.

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Alaska cannabis grower, retailer face criminal charges in pesticide case

SpeedWeed

Ronald and Lacey Bass, owners of cultivator Calm N Collective and retailer Houston Grass Station, also have been charged, according to the Anchorage Daily News. 30, 2019, according to case information available online, but only recently came to light. The alleged offenses were committed Oct. View original article.

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Manzuri Law – End Of Year Roundup: Defining Moments in 2019 Cannabis and What They Mean for 2020

Cannabis Law Report

Posted by Alexa Steinberg, Esq. | Dec 20, 2019 . Here’s a look back at 2019 and a projection of what’s to come in 2020 Cannabis Law. . March 2019 – Development of LA’s Phase 3 Retail License Application. . We saw no movement or resolve with this issue in 2019.

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The Tax Foundation: States Projected to Post Higher Marijuana Revenues in 2021

Cannabis Law Report

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. 15% retail excise tax; $9.65/oz. leaves cultivation tax; $1.35/oz 10.75% excise tax (retail price). 10% excise tax (retail price).

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Harborside Inc. Announces Second Quarter and First Half 2019 Results

Cannabis Law Report

— 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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Fire & Flower Brings Proprietary Retail Tech to U.S. Through Licensing Deal with American Acres

SpeedWeed

She joined HG and Cannabis Business Times as associate editor in November 2019 after working for GIE Media’s Recycling Group of magazines. Salpy Boyajian joined Flower One in October of 2018 following the acquisition of NLV Organics (NLVO), a renowned consumer brand and luxury cultivator she co-founded in 2014. Theresa Bennett.

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OLCC Issues Marijuana Product Recall

Cannabis Law Report

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.