NORML

MAY 19, 2020

In advancing these legislative goals, Congress is not necessarily endorsing any state or territory’s legalization of marijuana-related transactions; similarly, the enactment of the SAFE Banking Act is not a call for the legalization of medical or retail marijuana in those jurisdictions that choose not to pursue such an approach.

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Banking Marijuana Legislation Safety 363

Cannabis Law Report

DECEMBER 23, 2019

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.

Law 59

Law Banking Hemp Retail 59

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

AUGUST 4, 2021

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. 15% excise tax (levied at wholesale by weight at average market rate); 15% excise tax (retail price).

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Collective Marijuana Retail Data 105

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. Status : Minimum # of signatures collected. Issue : Adult use marijuana. Issue : Adult use marijuana.

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Collective Access Patients Marijuana 270

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

Canna Law Blog

MARCH 23, 2019

Culture, industry, business, mainstream and specialists, celebrities, growers, breeders and users from around the world met last weekend in and around Spannabis 2019. This degree of success was pretty much unimaginable when the event began 20 years ago.

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Consumption Food Retail Cannabis 65

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

SpeedWeed

MARCH 12, 2021

She joined HG and Cannabis Business Times as associate editor in November 2019 after working for GIE Media’s Recycling Group of magazines. Debby Goldsberry Executive Director, Magnolia Wellness, FLOR Co-Founder, Berkeley Patients Group collective . The post Fire & Flower Brings Proprietary Retail Tech to U.S.

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Retail Dispensary Media Supply Chain 52

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

OCTOBER 23, 2021

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. to $4.53, an average 16.0 percent year-over-year decrease.

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Collective Education Programs Consumption 52

SpeedWeed

MARCH 31, 2021

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. According to a new report by the Institute on Taxation and Economic Policy (ITEP) , state and local governments collected $3.02 million in 2019 to $188.4

Legalization 52

Legalization Collective History Retail 52

Cannabis Law Report

AUGUST 5, 2019

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. 05, 2019 (GLOBE NEWSWIRE) — MariMed Hemp, a subsidiary of MariMed , Inc. 05, 2019 (GLOBE NEWSWIRE) — MariMed Hemp, a subsidiary of MariMed , Inc.

Retail 40

Retail Hemp CBD Seed-To-Sale 40

Cannabis Law Report

MARCH 7, 2020

And this isn’t for lack of want — in fact in 2017 some forward thinking dispensaries had collection boxes for these products, although without scale they wound up just hoarding them as well. The only way to achieve this scale is to use dispensaries as the collection points, much like some were already doing back in 2017.”

Vaping 87

Vaping Collective Dispensary Cannabis 87

Cannabis Law Report

OCTOBER 13, 2021

During Fiscal Year 21 (July 1, 2020 – June 30, 2021), licensed adult-use cannabis retail stores and medical dispensaries generated $1,003,467,655 in taxable sales. Taxable Sales Reported by Adult-Use Retail Stores and Medical Dispensaries. TAXABLE SALES. FISCAL YEAR 21. 1,003,467,665. Clark County. 791,100,017. Washoe County.

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Compliance Compliance Data Retail 52

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.

Marijuana 105

Marijuana Programs Dispensary Collective 105

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 142

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

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. Join us on Wed, April 20th at 10am PT / 1pm ET.

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Compliance Compliance Supply Chain Sleep 52

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

Cannabis Law Report

MARCH 29, 2020

Tax rates for cannabis in Santa Barbara County are as follows: 1 percent of gross revenues for nurseries and distributors, 3 percent for manufacturers, 4 percent for growers and 6 percent for retailers and microbusinesses. 31 – the first six months of the current fiscal year – Santa Barbara County collected $4.8

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Supply Chain Collective Cannabis Programs 59

Cannabis Law Report

JANUARY 10, 2020

The office is now asking the public to surrender their products purchased from the establishments to licensed retailers for “proper destruction.” Ron Bass, the owner of Calm N Collective did not want to comment for this story and his lawyer said that he is cooperating with the Alcohol and Marijuana Control Office.

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Collective Retail Cultivation Marijuana 59

Cannabis Law Report

AUGUST 24, 2019

One point is that California’s legal cannabis market for 2019 is projected to be $3.1B, and the black market will be $8.3B. . In most instances, the seller will collect 25%-30% in addition to the nominal retail price. CET collections should be $465M (15% x $3.1B). of the retail sales price of cannabis.

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Collective Medicine Dispensary Retail 56

Cannabis Law Report

JULY 18, 2022

When CBD was declared a Novel Food in Europe in January 2019 , the UK was the only country that required companies to submit an application for their CBD products with a goal of establishing a safe and regulated CBD industry. About SpectrumLeaf.

Food 52

Food CBD Hemp Collective 52

Cannabis Law Report

OCTOBER 10, 2019

A new California law generally provides that a marketplace facilitator is responsible for collecting and paying the tax on retail sales made through their marketplace for delivery to California customers. The bill would provide a marketplace facilitator relief from liability for the tax on a retail sale in specified circumstances. .

Collective 40

Collective Retail Research and Development Law 40

Cannabis Law Report

MARCH 21, 2020

As of October 1, 2019, contribution agreements were signed with nine jurisdictions (BC, NWT, NU, ON, NB, PEI, QC, SK and YK) and the remaining agreements are with the provinces for signature. Health Canada (HC) has reported that there were about 100 dispensaries known to be operating on reserves across Canada, as of April 2019.

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Safety Research and Development Data Cannabis 88

Cannabis Law Report

SEPTEMBER 1, 2021

On eve of Commission’s fourth birthday, Marijuana Establishments surpass $2 billion in gross sales since retail stores opened in Massachusetts; progress continues to achieve industry goals. Over the first year of adult-use sales , from November 2018 to November 2019, 33 Marijuana Retailers generated $393.7

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Marijuana Seed-To-Sale Safety Data 100

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

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Law Banking Collective Retail 73

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. Update : HB 1518 is scheduled for a hearing in the Senate Judiciary Committee on 3/11/2019. AR resident? GA resident? ME resident? MO resident?

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Legislation Patients Access Seed-To-Sale 166

SpeedWeed

MAY 27, 2021

In Colorado , according to the study, there is a 15 percent tax on wholesale and a 15 percent tax rate on special retail (neither of which apply to sales of medical cannabis in the state). In Washington, where there is a 37% imposed on retail since July 2015 and a 6.5% In Denver, for example, $210.6

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Collective Retail Policy Cannabis 52

Cannabis Law Report

JULY 2, 2019

By collecting Business Tax, we can support the essential services the city provides. Beginning July 1, 2019, business taxation of cannabis activities will change from quarterly reporting to MONTHLY reporting, per Chapter II, Section 21.51(d) All sales related to medical use cannabis by Retail or Microbusiness operations. $50

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Business Retail Packaging Cultivation 40

Cannabis Law Report

AUGUST 6, 2019

In a July 24, 2019 dated guidance, Pennsylvania’s Department of Agriculture (“DOA”) announced it will be randomly collecting and testing hemp variety samples from 25% of licensed hemp growers for tetrahydrocannabinol (“THC”) content. AUTHOR: Steve Schain , Hoban Law Group. PUBLISHER: CANNABIS LAW REPORT.

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THC Hemp Seed-To-Sale Collective 61

Cannabis Law Report

NOVEMBER 24, 2019

The revenue, with the money collected from the wholesale marijuana tax, funds the department’s costs to administer the marijuana program. Then $5 million of the collected revenue each fiscal year goes toward local governments. million from marijuana tax revenue in fiscal year 2019, which ends June 30. million this fiscal year.

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Marijuana Collective Recreational Retail 59

Marijuana Lawyer Blog

FEBRUARY 9, 2020

And tax dollars collected from the cannabis industry are already showing great impact across a variety of sectors. A 15% state retail sales excise tax. A state sales tax of 7.25% on retail cannabis sales, plus up to 1% local sales tax. Marijuana Tax Revenue Expenditures in California (Fiscal Year 2019-2020).

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Marijuana Safety Programs Dispensary 64

MJ Business Attorneys

JULY 24, 2019

In January 2019, the City of Toronto voted in favor of allowing brick and mortar marijuana stores to exist within the city limits, which was swiftly followed by an announcement that Ontario would only allow 25 stores to operate throughout the province.

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Legalization Marijuana Policy Business 178

Cannabis Law Report

NOVEMBER 4, 2019

California’s Bureau of Cannabis Control adopted regulations beginning in 2018 that require Retailers to purchase cannabis that has been tested, packaged, and labeled by a Distributor [6]. The situation becomes particularly grim for California dispensaries beginning after 2017.

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Dispensary Packaging Collective Seed-To-Sale 45

The Joint Blog

NOVEMBER 24, 2020

This is all according to data released by Maine’s Office of Marijuana Policy, which was collected by the group Metrc. A total of 21,194 transactions were logged by cannabis retailers during the first month in business.” million in medical marijuana on a typical 31-day month in 2019,” reported the Portland Press Herald.

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Legalization Marijuana Retail Programs 49