This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Norway’s Alliance for rights-oriented Drug Policies (AROD) says that to vindicate the rights of drug law violators , they will on 11 September 2021, hold a cannabis sale outside Oslo’s police headquarters to protest the abject failure of Norwegian drug reform. Oslo Police HQ. The Norwegian drug reform has crashed.
Smith on August 25, 2021. Seyfarth Synopsis: In the first six months of 2021, several states legalized marijuana for recreational and medicinal purposes, including New York, New Jersey, Virginia, and New Mexico. What rights do Connecticut employers have if they have a drug-free workplace policy? Mora & Frederick T.
(TSX:CBD.U) (OTCQX:CBDHF) (FWB:8OO) (“HempFusion” or the “Company”), an industry leader in full spectrum cannabidiol (CBD) hemp extract wellness products and probiotics, today reported financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Financial Highlights. Second Quarter 2021 Business Highlights.
As we previously reported , on February 22, 2021, New Jersey Governor Phil Murphy signed three separate cannabis reform bills into law ( NJ A21 , NJ A 1897 , and NJ A5342/NJ S3454 ), formally legalizing the use and possession of recreational marijuana in the Garden State. Here’s a round-up of the most recent developments: New Laws.
Governor Ned Lamont signed the Act Concerning Responsible and Equitable Regulation of Adult-use Cannabis on June 22, 2021. Provisions regarding lawful possession go into effect July 1, 2021, but the provisions affecting employers will take effect next year on July 1, 2022. Individuals cannot possess more than 1.5
Although not immediately effective, New Mexico and Virginia employers should immediately assess the implications of the laws on their current policies and drug testing practices. On April 12, 2021, New Mexico Governor Michelle Lujan Grisham signed the state’s recreational cannabis law. It is effective in late June 2021.
The Core Business delivered strong organic growth 13 in H1 2021 (17% year-on-year) despite some of Eurofins’ businesses remaining affected by lockdowns during H1 2021. The Core Business delivered strong organic growth 13 in H1 2021 (17% year-on-year) despite some of Eurofins’ businesses remaining affected by lockdowns during H1 2021.
Starting April 1st, Cannabis Operators Face CEQA Compliance Requirements for State Licenses. For many in the cannabis industry, April 1, 2022 is seen as a day of reckoning following the July 2021 passage of Assembly Bill 141 and Senate Bill 160 (collectively, the Cannabis Trailer Bill). Tuesday, April 12, 2022.
On April 28, 2021, Philadelphia Mayor Jim Kenney signed Bill No. Any applicants whose prospective employer is a party to a valid collective bargaining agreement that specifically addresses the pre-employment drug testing of such applicants.
million in 2020, which now triples HempFusion’s historical proforma revenue to ~$12 million with significant expansion planned for 2021 and beyond, making it immediately accretive to the Company. HempFusion’s substantial investment into regulatory compliance will help solidify Apothecanna’s leadership position in the CBD industry.
August 30, 2021. Federal law requires that taxpayers must report income from illegal sources – including cannabis sales (whether state sanctioned or not) – raising numerous tax compliance and design issues. The lawful cannabis industry faces numerous regulatory hurdles that makes even good-faith compliance with the law a challenge.
(“Sagely Naturals”), (together the “Acquisitions”) for fiscal 2021 and 2022. With the completion of the Acquisitions and inclusion of the pre-closing fiscal 2021 revenues of Apothecanna and Sagely Naturals, HempFusion expects to generate revenues of between USD$12.5 million in revenue. million and $13.5 million and $13.5
Oklahoma has one of the largest programs in the country,” the Marijuana Policy Project stated in a policy update released May 3. The purpose of the compliance directive is to ensure business licensees are actively operating or working toward operational status, according to the bill’s text. million in July, according to OMMA.
Oklahoma has one of the largest programs in the country,” the Marijuana Policy Project stated in a policy update released May 3. The purpose of the compliance directive is to ensure business licensees are actively operating or working toward operational status, according to the bill’s text. million in July, according to OMMA.
Marijuana was once again one of the hottest legislative topics across the nation in 2021, and while some states’ new legislation provided greater protections to employers with drug-free and/or zero-tolerance policies, others took a more employee-friendly approach. Law 15-2021 went into effect immediately. Ashley Bobo.
Virginia cannabis law went into effect on July 1, 2021, and in a little over two months since that starting date, the county of Richmond has experienced a shocking decrease in cannabis-related arrests. . A lot of folks believe that as of July 1, 2021, the possession and use of marijuana is legal within the Commonwealth.
As Canopy continues to focus on the premium flower segment, the addition of 7ACRES and the 7ACRES Craft Collective enhances Canopy’s leading market share position and supplements its production capacity through the acquisition of Supreme’s low-cost, scalable cultivation facility in Kincardine, Ontario.
per Common Share for a period of four years from the closing date of the Private Placement, expected on or about September 12, 2021. Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release. HempFusion Wellness Inc.
The Centers for Disease Control and Prevention (CDC) published workplace guidance for creating marijuana policies and drug testing procedures for employed drivers, including education for drivers on marijuana’s effects on safe driving. 2, 2021, the nonprofit scientific organization U.S. In October 2021, Gov. Delta-8 Testing.
Oklahoma has one of the largest programs in the country,” the Marijuana Policy Project stated in a policy update released May 3. The purpose of the compliance directive is to ensure business licensees are actively operating or working toward operational status, according to the bill’s text. million in July, according to OMMA.
Oklahoma has one of the largest programs in the country,” the Marijuana Policy Project stated in a policy update released May 3. The purpose of the compliance directive is to ensure business licensees are actively operating or working toward operational status, according to the bill’s text. million in July, according to OMMA.
Oklahoma has one of the largest programs in the country,” the Marijuana Policy Project stated in a policy update released May 3. The purpose of the compliance directive is to ensure business licensees are actively operating or working toward operational status, according to the bill’s text. million in July, according to OMMA.
This was revealed in a statement made available to this medium Wednesday, 22 nd December 2021, by Mr Ousman Saidybah, Public Relations Officer at DLEAG. Samples were collected and labeled with EE numbers of staff rather than using their names,” he explained.
New York’s Marijuana Revenue and Taxation Act, legislation legalizing recreational-use cannabis, was enacted in March 2021 and creates a new Cannabis Law as Chapter 7-A of the Consolidated Laws of New York. Licensing Considerations for Adult-Use Cannabis Operators in New York. Conclusion. View source.].
And recent data released by the USDA on the value of national hemp production in 2021 reveals that, despite challenges across the country, hemp remains a viable and valuable domestic crop. In particular, that report indicates that in 2021, North Carolina remained in the top 10 states for both acres grown and acres harvested of hemp.
Orange Photonic’s founder testified at a recent hearing that LightLab’s moisture content assumption for its wet plant testing settings presumed that the testing would occur within an hour of sample collection, yet OLCC did not do that. Confirmation Bias at Best, Collusion at Worst. Impact on Innocent Hemp Growers.
In addition, the licensees must execute a management agreement with a third-party operator to manage and operate the remaining facilities that the department will continue to permit in compliance with state law. California Steps Up Tax Collection Efforts. On June 8, 2022, the U.S.
The state received 45 applications for a lottery to operate six new dispensaries and has since issued an RFP for a firm or individual to conduct a lottery to award the licenses on or about May 14, 2021. The state is expanding the program in 2021. Other factors: The state has expensive fees for license acquisition and renewals.
Struggling to enact policy that addresses this dichotomy, the Federal Government and its various agencies have played a game of ping-pong, deferring regulatory initiatives while the under-regulated hemp market flourishes. For example, in 2021, California raked in $1.2 For example, in 2021, California raked in $1.2
November 29, 2021 (CNW Group/High Tide Inc.). Over the 12 months ended September 30, 2021 , NuLeaf had over 5.1 This is High Tide’s sixth acquisition in the global e-commerce space, and third in the CBD space, in 2021. High Tide Inc. million site visits 2 and an average order value of US$120. and Meta Cannabis Supply Co.
October 7, 2021 (CNW Group/High Tide Inc.). This is a key step in ensuring continued compliance for their products in the U.K. billion in 2020 and is estimated to grow at a compound annual growth rate (CAGR) of over 35% between 2021 and 2027. EBITDA generated during the 12 months ended August 2021. High Tide Inc.
Today, HempFusion and its family of brands are one of the select few CBD companies that stand fully prepared to meet or exceed US & global compliance standards. It’s a common misconception in the industry that when one company achieves this level of compliance, it applies to all other companies. FORWARD-LOOKING STATEMENTS.
in Q2 2021. per share for Q2 of 2021. million during the corresponding 2021 period. during the second quarter of 2021 and 16.3% per share, in the first quarter of 2021. per share, in the first quarter of 2021. per share during the corresponding period in 2021. per share, in the first quarter of 2021.
Through the first nine months of 2021, Harborside, on a pro-forma basis including revenue of Sublimation Inc. (“Sublime”) for the entire period, had gross revenue of US$57.8 7 Based on BDS Analytics as of September 30, 2021 with brand house being a company with a portfolio of more than one brand. million and US$61.4
This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, “ forward-looking statements “) that relate to HempFusion’s current expectations and views of future events. FORWARD-LOOKING STATEMENTS. Investor Relations Eric Balshin. +1 1 437-826-9911.
And now looking at, today’s February 9th, 2021, looking at Metrc, how many states do you guys cover now? In between seed-to-sale tracking, we collect upwards of 370 different unique events in the supply chain, that then the state agency has complete visibility into so that they can monitor for compliance. Lewis Koski: Yeah.
Cautionary Note Regarding Forward-Looking Information This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian and United States securities legislation. SOURCE Harborside Inc.
The courts have consistently held that marijuana dispensaries operating in compliance with state law are trafficking in controlled substances and are subject to Section 280E.[11] The Tax Court in Patients Mutual [15] Assistance Collective Coop. shareholders who are not C corporations. Let’s modify this example.
The foregoing measures will enable many New York business owners, across many industries, to further reduce their federal income tax liability by taking greater advantage of the limited SALT cap workaround “approved” by the IRS in 2020 and adopted by New York in 2021. [v]. Its recreational use was legalized only recently, in March of 2021.
Cannabis Market Exposure Upon Federal Permissibility. SMITHS FALLS , ON and BOULDER, Colo., to acquire 100% of the outstanding membership interests of Wana, the #1 cannabis edibles brand in North America by market share.
Compliance Division – Richard Parrott. Collectively, these dedicated public servants bring extensive experience from the state and local level to the leadership team. Lee served as Deputy Legal Affairs Secretary for the Office of Governor Gavin Newsom from 2019 to 2021. Compliance Division – Richard Parrott.
Oracle wrote 21 October 2021. We wanted to investigate, so after collecting samples from online stores and brick-and-mortar smoke shops, we commissioned FESA Labs to perform independent testing on 51 delta-8 products. We’ve collected the results under these headings to make it easier to navigate to what you’re looking for.
WORCESTER – The Cannabis Control Commission (Commission) is alerting patients and consumers to its quarantine order (Order), issued October 18, 2021, mandating that ACK Natural, LLC, a colocated medical- and adult-use licensee, recall all products with unverifiable mycotoxin test results sold to its consumers and patients.
One of the most successful alcohol control policies in the United States was the establishment of the minimum legal drinking age of 21 (MLDA-21). All states have a version of MLDA-21, with Congress passing legislation in 1984 pressuring all states to enact the policy if they had not already done so. 1988, Jones et al.,
We organize all of the trending information in your field so you don't have to. Join 14,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content