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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. Mora & Frederick T. Email Tweet Like LinkedIn. States show no signs of slowing down.
(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.
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
This milestone speaks to the success of licensees that have interacted with the Commission from the application stage, maintained compliance with our strict regulations, and contribute every day to communities across the Commonwealth. million in gross sales, before licensees ultimately tallied $444.9 Licensing, Agents, and Equity.
On April 28, 2021, Philadelphia Mayor Jim Kenney signed Bill No. Nevada prohibits employers from taking adverse action against applicants who test positive for marijuana, with exceptions for, among other jobs, safety-sensitive positions and motor vehicle drivers who are subject to testing under state or federal law.
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.
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.
24 June 2021. According to the federal government, the Cannabis Act’s three stated objectives are to (i) keep cannabis out of the hands of young people, (ii) keep profits out of the pockets of criminals, and (iii) protect public health and safety by allowing adults to access legal cannabis. Torkin Manes LLP. with the authors.
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.
(“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
– Integrated solution provides a single platform for compliance with vaccination status tracking and weekly testing requirements – STONY BROOK, N.Y. & By providing both vaccine status management and weekly COVID-19 testing, the integrated platform offers a single solution for compliance with the ETS.
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.
per Common Share for a period of four years from the closing date of the Private Placement, expected on or about September 12, 2021. Each whole Warrant will entitle the holder to acquire one additional Common Share at a price of USD$0.50 HempFusion Wellness Inc. FORWARD-LOOKING STATEMENTS.
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. Puerto Rico.
In late May 2021, I talked with Autumn Shelton of Autumn Brands, a fearless female leader, about one family’s hard work and dedication to making their brand one of the most reliable, sustainable, and dedicated farms in the nation. CLR: How did you get started in Cannabis? I love watching the plants grow throughout their life cycle. .
This information is accessible to state regulators, providing the ultimate transparency to ensure regulatory compliance, help combat the illicit market, and safeguard the health and well-being of Alabama medical cannabis patients. “As This marks Metrc’s 23 rd government contract to date and sixth so far in 2022. including Washington, D.C.,
Originally, this was going to happen much sooner, but attorney Ronald Durbin representing Dr. Z-Leaf Cultivation filed a lawsuit back in April of 2021. Oklahoma, as of December 2021, has an estimated 12,600 cannabis business licenses, an estimated 8,600+ growers and close to 2,300 dispensaries. Consumer safety.
The alleged violations involve “pervasive irregularities” that prevented regulators from evaluating whether products from the licensees’ cultivation facilities were properly tested for quality and safety, security camera outages that were not reported to regulators, and improper use of pesticides on their products. On June 8, 2022, the U.S.
Because recreational use of marijuana is increasing, especially as more states legalize it, the CDC believes it’s important for all workplaces to implement and address marijuana policies in their motor vehicle safety programs. 2, 2021, the nonprofit scientific organization U.S. In October 2021, Gov. Delta-8 Testing.
Eric Sandy: Could provide a bit of a biographical sketch of Safe Harbor, as of early 2021, and the scope of how the business is interacting with cannabis businesses? So, it’s been a long haul, most specifically just for the cannabis program to make sure that we were staying in compliance and doing it in a safe and sound way.
Eric Sandy: Could provide a bit of a biographical sketch of Safe Harbor, as of early 2021, and the scope of how the business is interacting with cannabis businesses? So, it’s been a long haul, most specifically just for the cannabis program to make sure that we were staying in compliance and doing it in a safe and sound way.
Indeed, the conflicting patchwork of regulatory mandates and lack of enforcement interest materially contribute to uncertain pathways for legitimate businesses as well as perpetuating dangerous public safety issues. For example, in 2021, California raked in $1.2 For example, in 2021, California raked in $1.2
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. This data provides the necessary safety basis to show that our proprietary hemp extract including CBD is safe for human consumption,” commented Dr. Mitchell.
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.
Eric Sandy: Could provide a bit of a biographical sketch of Safe Harbor, as of early 2021, and the scope of how the business is interacting with cannabis businesses? So, it’s been a long haul, most specifically just for the cannabis program to make sure that we were staying in compliance and doing it in a safe and sound way.
Another issue and in the same direction was his commitment to the establishment “of the State guarantee in the safety of consumers and in the control of the production, trade and consumption” of cannabis. Up to twenty plants for self-cultivation in 2018 in draft. million people, ” Podemos said through Twitter. .”
The Village Farms Shares issued under the Share Purchase Agreement are subject to lock-up agreements, and subject to compliance with applicable securities laws, 33% of these shares will be released in four months, another 33% of these shares to be released after eight months and the remaining shares to be released after one year. and ROSE’s?future
This dispensary will be neighborhood-oriented, including the hiring of local staff, the selection of local products and the promotion of community safety.”. The FGW Acquisition is subject to certain material closing conditions, including approvals from regulatory authorities.
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.
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. Testing for Safety: Are Impurities a Problem? Testing for Safety: Are Impurities a Problem?
Compliance Division – Richard Parrott. Collectively, these dedicated public servants bring extensive experience from the state and local level to the leadership team. Salama was Assistant Branch Chief of the California Department of Public Health’s Manufactured Cannabis Safety Branch. Compliance Division – Richard Parrott.
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.
Of course, no one could have predicted a deadly pandemic bringing the world to a halt, but now, on the eve of 4/20/2021, the City and County of Denver is poised to sign three ordinances into law to finally allow for medical and recreational marijuana delivery and authorize marijuana hospitality licenses, among other changes.
was published in the Journal of Safety Research and made available online on May 18. Journal of Safety Research. The lowest rate (44%) was in a community where law enforcement had recently enforced underage alcohol laws using compliance checks (i.e., To Read The Rest Of This Article On High Times, Click Here.
According to the press release, Newsom’s intent is to combine all three California cannabis regulatory agencies (the CDPH Manufactured Cannabis Safety Branch, the CDFA CalCannabis Cultivation Licensing Branch, and the BCC) into one single Department of Cannabis Control by July of 2021. Q: Have you worked with or for cannabis labs?
Samples will be collected via anterior nasal swabs that offer ease-of-use for all ages. The Company is offering pooled surveillance testing in compliance with current CDC, FDA, and CMS guidances. Pooled surveillance testing of all campers will be conducted prior to the start of each of two summer sessions and once on-site.
Steve Sisolak ’s office creating a Cannabis Compliance Board — an agency modeled after Nevada’s “gold standard” gambling regulatory scheme. Once the Cannabis Compliance Board is in place, it may be less common to see so many divergent pieces of marijuana legislation. But state leaders have offered the outlines of their project.
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