Cannabis Law Report

JANUARY 24, 2020

2020 Colorado Cannabis Laws Update . On January 1st, two new marijuana laws went into effect in Colorado. The first was House Bill 1234, which allows for the commercial delivery of medical marijuana. . Dispensaries Critical in Normalizing CO Cannabis Industry. California was the opposite. It’s safer.

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The Blunt Truth

MARCH 19, 2020

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. What would have been our big story of the week is that the Alabama state Senate has approved medical marijuana in the state. Before we get to COVID-19, let’s examine some non-virus news, shall we?

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Cannabis Law Report

JULY 20, 2019

New England Treatment Access is doing more than selling marijuana to consumers — it is also providing a tax revenue windfall to Northampton and Brookline. million in fiscal 2020, into its budget to use for schools, public safety, public works and general operations. More At: [link].

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The Blunt Truth

APRIL 23, 2020

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. Yet again,COVID-19 dominated the news, in the marijuana industry and in every other aspect of life. The marijuana industry has received on relief from federal relief programs. marijuana banking.

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Marijuana Lawyer Blog

FEBRUARY 9, 2020

The state of California has now permitted the legal use of marijuana for two years. 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. In mid January this year, Gov.

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Canna Law Blog

FEBRUARY 28, 2022

businesses are marijuana related businesses (MRBs). Department of Justice on “Marijuana Related Financial Crimes” was rescinded in 2018 , the FinCen Memo has been the only game in town for federal banking guidance. Cannabis dispensaries, cultivators, processors and testing facilities all fall under this definition.

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Cannabis Law Report

OCTOBER 24, 2021

Do you own a business that sells marijuana-derived products? Then you may already know that the sale and purchase of marijuana for recreational use is allowed in only 17 US states and the District of Columbia. Taxes on marijuana products and their derivatives are typically divided into three types: price, weight, and potency.

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Cannabis Law Report

SEPTEMBER 20, 2019

Buffalo Grove has yet to allow retail sales of recreational marijuana in the village, but it now has a tax in place if it becomes a reality next year. Deputy Village Manager Christopher Stilling said Buffalo Grove could, by a conservative estimate, collect $300,000 to $400,000 a year through the tax. Source: [link].

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The Blunt Truth

AUGUST 18, 2023

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. This week, we return to South Dakota, where some people want adult-use to be legal and some want medical marijuana to be rescinded. At present, medical marijuana is legal and adult-use is not.

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Cannabis Law Report

DECEMBER 20, 2021

The parliament in Malta voted recently to make adult-use cannabis legal in the country, making the island nation the first in Europe to legalize marijuana. Proponents hope the decision by Malta to legalize marijuana ends criminalization of people for smoking marijuana and reduces criminal trafficking.

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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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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. On May 31, Illinois approved a plan that will allow the sale of legal recreational marijuana (21-and-older) on Jan.

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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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Cannabis Law Report

DECEMBER 2, 2021

Although the Presidential elections drew the most attention in November 2020, other decisions, too, saw implementation. Several states held votes for determining the legal marijuana industry’s future in one form or the other. And, these involved making marijuana consumption for recreational purposes.

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SpeedWeed

FEBRUARY 25, 2021

Three years after the launch of California’s legal marijuana market, cannabis tax experts warn the industry should expect state regulators to ramp up tax enforcement, noting that several audits of MJ businesses are already underway. Finnegan said he knows the CDTFA is ramping up for more audits in general, including among marijuana companies.

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Veriheal

APRIL 14, 2023

1, 2020, during which more than 77,000 customers shelled out $3.2 million dollars buying cannabis from dispensaries across the state. Illinois Is Benefitting From Cannabis Revenue and Reform Since recreational cannabis launched in the state of Illinois in 2020, it has seen a very successful run. In 2022 Illinois sold over $1.5

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SpeedWeed

SEPTEMBER 17, 2021

The Missouri Department of Health and Senior Services said Thursday that it had initiated the second required transfer of revenue from the state’s new medical marijuana program to the Missouri Veterans Commission. The first dispensaries in the state opened their doors to customers in October of 2020.

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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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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. Arkansas voters approved a medical cannabis program on November 8, 2016, and the legislature subsequently amended the program through the Arkansas Medical Marijuana Amendment of 2016.

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Cannabis Law Report

DECEMBER 6, 2019

by Douglas Sargent | Dec 5, 2019 | Legislation , Medical Marijuana , Recreational Marijuana , Taxation | Illinois. As we wrote about here , Illinois lawmakers last month passed a bill designed to clean up parts of the Cannabis Regulation and Tax Act. Yesterday, Gov.

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The Blunt Truth

DECEMBER 19, 2019

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. Turning to appropriations, protections for state-legal medical marijuana programs were once again included in the recently passed funding bill. And a Kentucky legislator is proposing that state legalize as well.

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Cannabis Law Report

JUNE 20, 2019

The firm writes, ” As of 5:30 this morning, the adult use marijuana rules had been approved by the Maine State Legislature and were headed to the Governor’s desk for her signature. We will be sending information about additional developments relevant to the hemp and marijuana markets next week.”

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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. South Carolina medical marijuana program. Cannabis in South Carolina.

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The Joint Blog

MARCH 24, 2021

Colorado voters officially legalized marijuana in November, 2012 through the passage of a constitutional citizen’s initiative, and less than two years later – in 2014 – legal marijuana stores began opening their doors. compared to the same period in 2020.” Marijuana dispensaries collect 2.9%

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Cannabis Law Report

DECEMBER 8, 2021

Hardware stores and dispensaries alike, business operators who work out of commercial properties have been ensnared in a recent theft trend. Broadly known as cash-only operations, the nation’s dispensaries have been targets since legalization’s dawn. Businesses succumbed to 2020’s initial waves. More are struggling to recover.

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Cannabis Law Report

JANUARY 23, 2020

Date Amazon AWS contacted : January 7, 2020. Date database closed : January 14, 2020. Our team identified an unsecured Amazon S3 bucket owned by THSuite that exposed sensitive data from multiple marijuana dispensaries around the US and their customers. Date Amazon AWS contacted : January 7, 2020.

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Canna Care Docs

SEPTEMBER 18, 2020

Who can apply for a Virginia Medical Marijuana Identification Card? What does a Medical Marijuana Card Permit in Virginia? How Do I Apply for a Virginia Medical Marijuana Card with Canna Care Docs? The first step in the process of obtaining your medical marijuana card in Virginia is to make an appointment with Canna Care Docs.

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Canna Law Blog

AUGUST 31, 2022

The plaintiff markets its candies to licensed marijuana dispensaries throughout the state Oregon. The dispensaries, in turn, sell the candies to their customers. Each dispensary operates is its own entity, but each is under the common control of the same two individuals.

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Veriheal

SEPTEMBER 21, 2021

billion in 2020.” Solomon’s, Incredibles, Rhythm, and The Feel Collection. billion and was formerly known as Tweed Marijuana Inc. has 126 dispensaries and 22 cultivation facilities across 11 states. In 2020, the company saw a 106% financial increase. . The Top Valuable Cannabis Companies. billion in 2014 to $20.6

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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. It is thanks to Acres Dispensary that we had the wonderful opportunity to utilize the Underground for these monthly meetings.

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Cannabis Law Report

MARCH 10, 2022

AP) — The New Mexico Supreme Court has last stand a lower court ruling that found cannabis purchases by medical marijuana patients should not be subject to gross receipts tax. In 2020, the New Mexico Court of Appeals ruled that medical marijuana should be treated like other prescriptions, which are not taxed. SANTA FE, N.M. (AP)

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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. 3% for a Division of Cannabis Control, which would oversee the adult-use cannabis industry.

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Marijuana Lawyer Blog

OCTOBER 21, 2018

When California voters approved legalized marijuana for recreational purposes, one of the most important impacts of that was the fact that criminal prosecutions for many cannabis crimes would no longer be an issue. Orange County marijuana lawyers understand Assembly Bill 1793 should help address this.

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Cannabis Law Report

APRIL 13, 2022

Lucie police officer was fired after an internal investigation found she didn’t properly seize or document suspected marijuana during a traffic stop, according to recently-released records and police. The backup officer reported Bieger asked the driver to exit the vehicle, and that Bieger told him she smelled marijuana.

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Cannabis Law Report

JULY 29, 2021

Legalizing marijuana can impact each of these criteria in ways that are both predictable and surprising — particularly by creating fresh demand for housing, new businesses, and tourism,” says the report. . Eight states reported a full year of tax revenue generated from cannabis sales in 2020, totaling $2.3. $1 Looking at tax revenue.

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SpeedWeed

MARCH 15, 2021

Cannabis taxes can be a pain in the pocketbook, but they keep marijuana legal and well regulated. Many states tax medical marijuana at a minimal level or not at all. Many states levy a marijuana excise tax in addition to the regular state sales tax. Marijuana tax rates in Alaska. Marijuana tax rates in Arizona.

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CannaMD

SEPTEMBER 10, 2020

In the mid-20th century era of “reefer madness,” the mainstream view on cannabis and pregnancy was clear: expecting mothers who used marijuana were considered ‘derelict’ and in some cases criminally negligent for the endangerment of their unborn child. These numbers reflect both non-medical and medicinal marijuana use.

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