Cannabis Law Report

AUGUST 4, 2021

It includes the tax design, final revenue in fiscal year (FY) 2020 and estimated revenue for FY 2021, and revenue per capita generated in the same fiscal years. In total, states with licensed markets collected $1.7 billion in FY 2020 from state-level excise taxes. State Marijuana Tax Collections Continue to Grow.

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Collective Marijuana Retail Data 105

Cannabis Law Report

SEPTEMBER 16, 2022

University to study cannabis use and cultivation in the ACT. Residents in the Canberra region will be able to anonymously submit their home-grown cannabis for testing as part of a University of Sydney study to examine the outcomes of laws that decriminalised cannabis in the Australian Capital Territory in 2020.

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Cultivation Pharmaceutical Cannabinoids Medicine 52

Cannabis Law Report

JULY 1, 2021

C annabis cultivation workers at Cresco Labs in Massachusetts have successfully negotiated their first union contract. We are so excited to have secured the better future and collective voice we were looking for when we formed our union with UFCW.”. With this new agreement, Cresco cultivation workers will see up to an 18.7%

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Cultivation Collective Policy Food 105

Cannabis Law Report

DECEMBER 23, 2019

Here’s a look back at 2019 and a projection of what’s to come in 2020 Cannabis Law. . It was further announced by the DCR that by Spring 2019, delivery applications were expected to be released, however, we have not seen the ability to apply for delivery just yet and are looking forward to that in 2020. . January 2019.

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Law Banking Hemp Retail 59

The Blunt Truth

OCTOBER 27, 2020

Election Day 2020 is quickly approaching and with this election cycle occurring during the ongoing COVID-19 pandemic, it is gearing up to be one of the most unique and unprecedented election seasons in recent memory.

Recreational 40

Recreational Legalization Collective Consumption 40

Cannabis Law Report

DECEMBER 4, 2021

A marijuana cultivator and producer in Washoe County could lose its license after it avoided paying hundreds of thousands of dollars in taxes, according to a complaint filed by the Cannabis Compliance Board this week. The state collects a 15 percent wholesale cultivation and production tax on marijuana in the state.

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Compliance Compliance Cultivation Collective 52

Cannabis Law Report

APRIL 28, 2022

DEMECAN’s first cannabis shipment to the BfArM is ready for collection and includes more than 100 kg of cannabis flowers. With this, DEMECAN ensures a constant supply of high-quality medical cannabis from German cultivation and increases the independence from imports in the supply of medicinal products. DEMECAN is be able to do that.”.

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Pharmaceutical Cultivation Collective Patients 52

SpeedWeed

MARCH 8, 2021

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. The alleged offenses were committed Oct. 30, 2019, according to case information available online, but only recently came to light.

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Retail Collective Cultivation Business 52

Cannabis Law Report

JULY 28, 2021

MONTREAL , July 28, 2021 /CNW Telbec/ – Cannara Biotech Inc. ( “Cannara” or the “Company” ) (TSXV: LOVE ) (OTCQB: LOVFF) (FRA: 8CB), a vertically integrated producer of premium-grade cannabis and derivative products with two Quebec -based mega cultivation facilities spanning over 1.65 million in Q3 2020.

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Retail Cultivation Events Collective 105

The Cannigma

JULY 24, 2022

Back when the US was still a collection of colonies under British rule, South Carolina had a booming industrial hemp industry. A 2020 report found that South Carolina had the second-most cannabis arrests in the nation, only following South Dakota. Cannabis in South Carolina. Many of these arrests are racially divided.

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Law THC Hash Oil 118

Cannabis Law Report

MARCH 13, 2020

Just over two years after commercial cannabis sales became legal in California, the state has collected more than $1 billion in taxes from commercial marijuana activity. Last week, the California Department of Tax and Fee Administration (CDTFA) announced that as of February 18, 2020, cannabis tax revenues have totaled $1.03

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Collective Safety Retail Programs 59

Cannabis Law Report

FEBRUARY 19, 2022

The law provides for up to 12 cultivator licenses, up to four processor licenses, up to four dispensary licenses, and up to five integrated facility licenses. The law provides for at least 20 to 40 dispensary licenses (there are currently 33) and four to eight cultivation facility licenses. Mississippi.

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Legalization Seed-To-Sale Programs Dispensary 97

Cannabis Law Report

JULY 29, 2022

We believe the case for this reform is very strong, as it would create tax fairness for legal cannabis businesses and significantly weaken the illicit market, which would result in stronger tax collections for the federal government over the long term.” million –. OAKLAND, Calif. At issue were federal taxes owed of approximately $22.1

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Collective Cultivation Patients Retail 52

Cannabis Law Report

MARCH 11, 2022

Because of a glut of marijuana on the market, the county’s tax revenue from cannabis cultivation is projected to be only $12.4 During the 2020-21 fiscal year ending last June, the county collected $15.7 million in taxes from cannabis cultivation. million this fiscal year, or $6 million less than the $18.4

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Cultivation Retail Collective Data 52

SpeedWeed

FEBRUARY 25, 2021

California rolled out its legal cannabis market in January 2018 with two new state taxes: a 15% excise tax and a cultivation tax. You’re going to see a lot of collection enforcement, 100%, as a result of the spending that’s been happening the past couple of years.”. Tax agency ramping up. That will include marijuana businesses.

Marijuana 52

Marijuana Compliance Compliance Collective 52

Canna Law Blog

FEBRUARY 24, 2020

Last November, proponents (Decriminalize California) submitted the California Psilocybin Decriminalization Initiative 2020 , which seeks to “decriminalize psychedelic mushrooms in California by submitting a citizens initiative to be placed on the ballot for the November 3, 2020 election, to the Office of the Attorney General.”

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Decriminalization Therapy Research and Development Treatment 131

Cannabis Law Report

AUGUST 3, 2021

billion in 2020 to $7.6 GM Insights projects that the market for mHealth products will grow at a 30% compound annual growth rate from $56 billion in 2020 to more than $805 billion by 2030. In addition to targeting large markets with a compelling solution, the company is cultivating an attractive business model. billion by 2028.

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Research and Development Data Conditions Therapy 105

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.”

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Vaping Collective Dispensary Cannabis 87

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. MRR report. The successful effort to lower taxes was a grassroots, community effort to effect change in Long Beach.

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Collective Policy Cannabis Cultivation 59

Cannabis Law Report

JUNE 23, 2021

Supreme Cannabis’s portfolio of brands includes 7ACRES , 7ACRES Craft Collective , Blissco , sugarleaf , and Hiway. ” Supreme felt the challenges of Covid in 2020 causing the company to focus on cost-cutting measures and strengthening the balance sheet. TSX: FIRE) (OTCQX: SPRWF), a deal that was valued at $435 million.

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Collective Cultivation Recreational Strains 66

Cannabis Law Report

JANUARY 5, 2020

[Sponsored article on Mugglehead ] The California-based producer made key advancements at its Colombian operations over the holidays and the company expects to go public in early 2020. Denis Contri, head of cultivation in Colombia for Ikänik, inspects cannabis plants at Casa Flowers cultivation site near Bogotá.

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Cultivation Pharmaceutical Cannabis Agriculture 59

Cannabis Law Report

SEPTEMBER 17, 2022

Filing for bankruptcy allows distressed businesses some breathing room from creditors to restructure debts and also allows protection from certain litigation and collection efforts. 2020 Bankr LEXIS 3016 [Bankr D Nev Oct. 23, 2020, No. Bankruptcy Code. Clifford J. ” American Bankruptcy Institute , 1 Dec. 2017, [link].

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Legalization State Laws Cannabis Cultivation 59

Cannabis Law Report

FEBRUARY 14, 2020

In 2018 the Constitutional Court – South Africa’s highest court – unanimously ruled to decriminalise the private possession, consumption and cultivation of cannabis. The government has until September 2020 to bring legislation on cannabis in line with the constitution. Cultivation for medicinal use.

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Hydroponic Cultivation Medicine Legislation 59

Cannabis Law Report

AUGUST 11, 2019

Idaho News 2 reports on the very beginning in the state……Proponents of a new medical marijuana initiative in Idaho have been cleared to begin collecting signatures. Idaho Secretary of State Lawerence Denney announced Friday that proponents of a new initiative were cleared to begin collecting petition signatures.

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Marijuana Collective Legalization Patients 40

Cannabis Law Report

JUNE 28, 2021

Flower One” or the “Company”) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), the leading cannabis cultivator and producer in Nevada, is pleased to announce its financial and operating results for the first quarter ended March 31, 2021, along with its unaudited preliminary revenue guidance for the second quarter of 2021.

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Cultivation Packaging Media Events 81

Cannabis Law Report

JANUARY 16, 2020

January 16, 2020. The product in question was cultivated by licensed marijuana producer Ard Ri and packaged for sale to retailers by licensed wholesaler DYME Distribution. The product in question was cultivated by licensed marijuana producer Ard Ri and packaged for sale to retailers by licensed wholesaler DYME Distribution.

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Marijuana Packaging Retail Agriculture 93

NORML

JANUARY 7, 2020

To collect signatures for our trip to Washington DC for NORML’s national conference and lobby day, we hosted pop-up stops at the many dispensaries across Las Vegas and a few in Reno. Visited Sandy Valley, NV in support of a cultivation facility. Hosted pop-ups across Las Vegas and Reno.

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Advocacy Legislation Patients Media 130

Otherside Farms

OCTOBER 13, 2019

Good news to cannabis enthusiasts as Illinois becomes a legal market for marijuana come 2020 with the passing of House Bill 1438, the state of Illinois has moved to having legal recreational, adult-use cannabis. Only Illinois’ 20 existing licensed medical marijuana cultivation facilities will be licensed to grow marijuana initially.

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Recreational Business Marijuana Events 58

Cannabis Law Report

FEBRUARY 18, 2020

February 17, 2020 09:00 ET | Source: Christina Lake Cannabis Corp. 17, 2020 (GLOBE NEWSWIRE) — Christina Lake Cannabis Corp. During his tenure at South Rock, Merv co-founded RecycleWest, a waste oil collection and supply company, which was later sold to Newalta in 1995. VANCOUVER, British Columbia, Feb.

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Research and Development Cultivation Packaging Collective 59

SpeedWeed

AUGUST 4, 2021

A group of cannabis advocates in Ohio has launched efforts to “regulate marijuana like alcohol” in the Buckeye State after the COVID-19 pandemic stalled the campaign’s push to place adult-use legalization on the state’s 2020 ballot.

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Conditions Dispensary Cultivation Education 52

Veriheal

SEPTEMBER 21, 2021

billion in 2020.” include Beboe, Dogwalkers, Dr. Solomon’s, Incredibles, Rhythm, and The Feel Collection. has 126 dispensaries and 22 cultivation facilities across 11 states. In 2020, the company saw a 106% financial increase. . That being said, let’s have a look at the most valuable cannabis companies. . Cresco Labs Inc.

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Recreational Medicine Edibles Cannabis 104

Cannabis Law Report

SEPTEMBER 1, 2021

And despite being closed for two months in 2020 due to the COVID-19 public health emergency in Massachusetts, 89 Marijuana Retailers generated $714.1 million over the second year of adult-use sales, from November 2019 to November 2020, while 91 Marijuana Retailers reached a total of $702 million for the full calendar year of 2020.

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Marijuana Seed-To-Sale Safety Data 100

Cannabis Law Report

MAY 28, 2022

Amid plummeting prices for cannabis “flower” in the Golden State, Santa Barbara County is likely to collect only $10.8 The tax structure approved by county voters in 2018 sets a four percent tax on gross sales revenues from cannabis cultivation, as reported every quarter to the county Treasurer-Tax Collector by the growers themselves.

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Collective Cultivation Cannabis Business 52

MassRoots

AUGUST 19, 2020

pic.twitter.com/E6nM4vkLgf — Secretary Katie Hobbs (@SecretaryHobbs) August 11, 2020. Arizonans would also be allowed to cultivate up to six cannabis plants in their homes. If approved, Prop. In homes with two or more adults, the allowance would go up to twelve plants total.

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Legalization Marijuana Recreational Policy 138

Canna Law Blog

MARCH 18, 2020

Needless to say, there are probably thousands of provisional licensees whose licenses expire between May and August 2020. The state can and should temporarily reduce or suspend the cultivation and excise tax requirements to ease financial burdens on already cash-strapped cannabis companies. Reduce or Suspend Taxes. Cut Licensing Fees.

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Retail Business Cultivation History 55

Marijuana Lawyer Blog

FEBRUARY 9, 2020

And tax dollars collected from the cannabis industry are already showing great impact across a variety of sectors. million in cannabis tax revenue would be allocated to social services for the 2020-2021 fiscal year. A cultivation tax of $9.65 (raised from an initial $9.25). And this is just the beginning.

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Marijuana Safety Programs Dispensary 64

Cannabis Law Report

FEBRUARY 18, 2020

California, as well as being a huge state with a large population and a prime cannabis growing climate, also has a need for massive amounts of water for the cultivation of other crops. California’s San Juaquin Valley (aka Central Valley) Is another region with a huge amount of crop cultivation. Rainwater Collection.

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Hydroponic Collective Cannabis Cultivation 59