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MJ Biz : Oakland sends social equity marijuana licensees to collections over unpaid loans

Cannabis Law Report

Marijuana regulators in Oakland, California, have begun referring a handful of social equity licensees to the city’s collections department after they defaulted on loans intended to help get their companies started. About 60% are “in compliance” with the terms of the loan, according to the report. MJ Biz report.

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Alert: Nevada Cannabis Compliance Board – CCB/DoT Release Annual Cannabis Taxable Sales Data Now Published

Cannabis Law Report

Together with the Nevada Cannabis Compliance Board (CCB), the Nevada Department of Taxation (DoT) released figures showing more than $1 billion in taxable sales reported by Nevada’s legal cannabis industry over a 12-month period. Additional Links & Information: Cannabis Compliance Board: Industry Statistics.

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Leading Cannabis Gift Card Program Provider, Birchmount Network, Closes $2.5M in Seed Round of Funding

Cannabis Law Report

The capital will also be used to optimize marketing efforts, grow its team with operational talent and support the growth of cannabis companies by providing robust, compliant gift card programs and related marketing services. Founded in 2020, Birchmount brings gift card and related marketing solutions to cannabis retailers in the U.S.

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OHA Survey Results Show Significant Interest in Coming Psilocybin Program

Cannabis Law Report

On February 28, 2022, the Oregon Psilocybin Services (OPS), a new section within the Oregon Health Authority (OHA), released results from a community interest survey concerning Oregon’s still-developing psilocybin program. The survey’s results show strong interest in the psilocybin program, particularly in accessing services.

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And this is why compliance in California cannabis will never be taken seriously

Cannabis Law Report

It’s almost two years in, California city has 11 marijuana businesses in operation now, with about 50 more working their way through the planning process but there’s still no official cannabis compliance officer. All they need to do is look around them to see how chaotic things get without the right people overseeing the industry.

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Weekly Legislative Roundup 6/14/19

NORML

Another hearing is scheduled for Thursday, where the Veterans Affairs Committee will discuss various bills that are pending regarding medical cannabis programs and veterans access. Activists in Mississippi have collected approximately two thirds of the needed signatures to qualify a medical cannabis ballot initiative in 2020.

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Greenest Cannabis Must Start Now

Cannabis Law Report

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.”

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