Cannabis Law Report

AUGUST 24, 2021

68% Increase to Chino Valley Rental Revenue Effective September 1, 2021. The increasing demand for regulated marijuana cultivation space and consumer products in Arizona has gone far beyond initial projections as the result of the recently approved and implemented adult-use marijuana program. SCOTTSDALE, Ariz.–(BUSINESS

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Cannabis Law Report

SEPTEMBER 3, 2021

wholesaler of branded cannabis products, announced today the closing of the Company’s previously announced acquisition of Cultivate (the “Transaction”). The Transaction also includes space available to further expand cultivation capacity. We have been thoroughly impressed with the Cultivate team and the quality of their operations.

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Cannabis Law Report

SEPTEMBER 23, 2021

(“Tilray” or the “Company”) (NASDAQ: TLRY; TSX: TLRY) announced that the Company will release financial results for its first quarter fiscal 2022 ended August 31, 2021 before financial markets open on Thursday, October 7, 2021. Live Conference Call and Audio Webcast : Date/Time: Thursday, October 7, 2021 at 8:30 am Eastern Time.

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SpeedWeed

JULY 21, 2021

July 1, 2021, marked four years since Nevada launched its first adult-use cannabis sales, and the market has certainly seen its fair share of rapid growth and regulatory changes during that time, not to mention the unprecedented COVID-19 pandemic. Reflecting on Lessons Learned. Planning for the Future.

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Cannabis Law Report

AUGUST 13, 2021

Company reports record revenue of $210 million and reaffirms annualized revenue run-rate guidance of $1 billion by the end of 2021. wholesaler of branded cannabis products, today announced its financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Financial Highlights. GAAP”) and U.S. Revenue of $210.0

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Cannabis Law Report

DECEMBER 6, 2021

MANDATORY PRODUCT RECALL – 12/6/2021. ISSUE: The Ohio Medical Marijuana Control Program (MMCP) is issuing a mandatory product recall on plant material products sold to dispensaries by cultivator, Galenas, LLC. Purchase Dates: Beginning October 14, 2021 – Present. OHIO MEDICAL MARIJUANA CONTROL PROGRAM.

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Cannabis Law Report

JULY 27, 2021

billion in 2025, growing at a CAGR of 4.87% during the period spanning 2021-2025. The market experienced growth accruing to several factors such as upsurge in e-commerce sales, growing demand for plastic bags & sacks and increasing demand for packaged food. The global polyethylene market inclined to US$169.27

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Cannabis Law Report

JUNE 25, 2021

24 June 2021. The stringent licensing requirements, production and packaging regulations, the exclusivity of provincial wholesalers, and intensive capital investments that are required to enter the industry have driven up the price of the product over the past three years. by Matt Maurer , Hunter Forman and Siena Hilley Bland.

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Cannabis Law Report

AUGUST 11, 2021

Here’s what they are saying in their press release… Highlands Investments, a licensed cultivator of high-quality GAP and ISO 22000 certified cannabis has secured the sale of 8.5 billion by 2025 according to the Prohibition Partners Key Insights from the European Cannabis Report, 6 th Edition ( April 2021 ).

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Cannabis Law Report

SEPTEMBER 30, 2021

Q3 2021 Sales Revenue of $3.03M versus $1.37M in Q2 2021, an increase of 121%. Q3 2021 aEBITDA 1 margin of 25% ($0.77M), versus 12% ($0.18M) in Q2 2021, an increase of 330% ($0.59M). Indoor Revenue of $2.81M, versus $0.75M in Q2 2021, an increase of 277%. aEBITDA 1 margin of 55% versus pro-forma 2 24% in Q2 2021.

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SpeedWeed

MARCH 11, 2021

24-26, 2021, at the Paris Las Vegas Hotel & Casino), there will be plenty more women innovators, leaders, entrepreneurs and trailblazers to highlight—so keep an eye on CannabisConference.com for continued updates to our speaker roster. . Emily Kowalski Vice President of Cultivation, LeafLine Labs. This listing is just a start.

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SpeedWeed

JULY 22, 2021

July 1, 2021, marked four years since Nevada launched its first adult-use cannabis sales, and the market has certainly seen its fair share of rapid growth and regulatory changes during that time, not to mention the unprecedented COVID-19 pandemic. Reflecting on Lessons Learned. Planning for the Future.

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Cannabis Law Report

JUNE 28, 2021

TACOMA, WA / ACCESSWIRE / June 28, 2021 / IONIC BRANDS CORP. The Company is pleased today to be reporting its proforma, unaudited financial results for the three months ended March 31, 2021. The Company is pleased today to be reporting its proforma, unaudited financial results for the three months ended March 31, 2021.

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Cannabis Law Report

AUGUST 8, 2022

The CCB was told that a cultivation had cannabis seeds from unauthorized sources. On June 16, 2022, three agents from the CCB’s staff conducted an investigation of the cultivation at which the agents claimed to have found 63 packages of cannabis seeds purchased from online cannabis seed banks from October 2020 to July 2021.

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The Blunt Truth

JUNE 13, 2022

The statute: Legalizes possession of small amounts of marijuana and cultivation of up to three mature and three immature cannabis plants per dwelling for personal use. In 2021, the state was one of several to pass legalization legislation. Earlier in 2022, Oregon enacted a similar two-year license moratorium. May 25, 2022.

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Cannabis Law Report

NOVEMBER 28, 2021

16, 2021, should read: Flower One Holdings Inc. The updated release reads: FLOWER ONE RESCHEDULES RELEASE OF THIRD QUARTER 2021 FINANCIAL RESULTS AND EARNINGS CALL. As previously announced on October 11, 2021, Flower One hired its new CFO, Araxie Grant. Conference Call Details: Date: Tuesday, November 30, 2021.

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Cannabis Law Report

NOVEMBER 16, 2021

As previously announced on October 11, 2021, Flower One hired its new CFO, Araxie Grant. Conference Call Details: Date: Tuesday, November 30, 2021. Flower One is the largest cannabis cultivator, producer, and full-service brand fulfillment partner in the state of Nevada. Since her appointment, Ms. Time: 10:00 a.m.

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Veriheal

AUGUST 26, 2021

The money will be used to purchase the cultivator’s assets. Included in the deal are a hoop house, indoor greenhouse, outdoor cultivation capacity, equipment, and cultivation facilities. It marks the company’s first foray into the cultivation segment — an area of the global cannabis market expected to reach $358.8

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Cannabis Law Report

NOVEMBER 11, 2021

wholesaler of branded cannabis products, today announced its financial results for the third quarter ended September 30, 2021. Third Quarter 2021 Financial Highlights 1. in the remainder of 2021. by the end of 2021. As of September 30, 2021, current assets were $449.0 Generally Accepted Accounting Principles (“U.S.

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Canna Law Blog

JANUARY 29, 2022

In October 2021 , the OCM took over the Program, which was originally overseen by the Department of Health (the “DOH”). On November 3, 2021 , the CCB adopted the temporary regulations released by the DOH in July 2021. 4. Revisions to the Labeling and Packaging Requirements.

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Cannabis Law Report

MARCH 29, 2022

Morocco legalized medicinal cannabis in 2021. Since legalization, Morocco is concentrating cultivation in specific provinces called the “Gateway to Europe.” It is the current center of illicit cannabis cultivation and domestic hash production. Hemp Education. Cornell University has an online certificate in Hemp breeding.

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Research and Development Hash Education Pharmaceutical 52

Illinois News Joint

SEPTEMBER 16, 2023

Flora Arbor, LLC was awarded, as a social equity applicant, a craft grow license by the Illinois Department of Agriculture in 2021. Located in Elgin, Illinois, Flora cultivates, extracts, manufactures, packages and distributes cannabis products to retail dispensaries throughout the state of Illinois.

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Cannabis Law Report

AUGUST 25, 2021

We are pleased to be able to complete our first shipment mid-Q3 2021, in line with our corporate objectives. Its organic cannabis is cultivated in living soil, as nature intended. The Company is committed to cultivating a better tomorrow by producing its products responsibly, with less waste and impact on the environment.

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SpeedWeed

MARCH 4, 2021

LAS VEGAS, NV (March 4, 2021) – Cannabis Conference (August 24-26, 2021, at the Paris Las Vegas Hotel & Casino) today announces its education program, which includes 45+ sessions within four education tracks that will provide actionable takeaways about the most pressing issues plant-touching businesses currently face in the cannabis industry.

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Cannabis Law Report

JANUARY 5, 2022

Q4 2021 Revenue of $3.76M versus $3.03M in Q3 2021, an increase of 24%. Q4 2021 aEBITDA 1 margin of 30% ($1.14M), versus 25% ($0.77M) in Q3 2021, an increase of 48% ($0.37M). Fourth Quarter 2021 Financial Summary. Revenue of $3.76M compared to $3.03M in the Q3 2021, an increase of 24%. compared to 59.1%

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The Cannigma

OCTOBER 25, 2021

But where do things stand in the Canadian cannabis world in 2021, and how has the customer experience changed in the Great White North three years after legalization? Canadian law also includes packaging and labelling requirements , mainly meant to keep cannabis and cannabis products from getting into the hands of children.

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Cannabis Law Report

MAY 29, 2021

Only Bahamian citizens age 21 and older, or an established legal entity, would be allowed to apply for five licenses to handle cannabis at a cost of $10,000 each, according to the Medicinal Cannabis Bill, 2021 obtained exclusively by The Nassau Guardian this week. A variation of a license would cost $750.

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Cannabis Law Report

JULY 19, 2022

In order to qualify for a CAURD license, applicants must prove they are justice-involved (meaning they or a direct family member were convicted of a marijuana crime before March 31, 2021) and that they have at least two years experience owning a profitable business, in addition to other numerous requirements.

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Cannabis Law Report

SEPTEMBER 27, 2021

Miami, FL – (September 27, 2021) Boyne Capital (“Boyne”) is pleased to announce that one of its affiliates has partnered with management to acquire A&A Global Imports, Inc. The Company sells child-resistant, government-regulated packaging to cannabis cultivators, processors, and dispensaries, as well as pharmacies and retail shops.

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Cannabis Law Report

JULY 28, 2021

27 July 2021. To a large extent legalization of adult-use cannabis, including New York’s passage of the Marijuana Regulation and Taxation Act of 2021 (MRTA), has eclipsed other developments in the cannabis sector over the past year. 5940), which allows hemp to be cultivated for research (as opposed to commercial) purposes.

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Veriheal

AUGUST 16, 2023

This becomes clear with the recent collaboration between Custom Cones USA —a renowned authority in the cannabis field specializing in pre-rolls, packaging, and manufacturing solutions—and Headset , a company known for its expertise in cannabis data analysis.

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Cannabis Law Report

OCTOBER 20, 2021

As a global cannabis company primarily cultivating in Jamaica on a 500-acre farm under Good Agricultural and Collection Practice (GACP), Cannim has significant supply agreements for flower and oils into Germany, the United Kingdom and Australia. Cannim’s first HummingBud products released.

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SpeedWeed

JULY 7, 2021

CannaCon Midwest Detroit will be held on June 25-26, 2021 at the TCF Center in Detroit, Michigan. Sessions will be offered across four paths: Cultivation, Processing, Operations Management, and Business / Legal / Finance. Cultivating Secondary Metabolites to Boost Your Grow’s Bottom Line. Your submission has been received!

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Cannabis Law Report

APRIL 9, 2022

2021 – 321,000 jobs (added 107,059). Cultivation. Cannabis companies look for experienced and talented employees, leading to competitive job salaries and benefits packages. In 2021, cannabis job salaries increased by 4% and up to 10% for senior executives. Cultivation Technician. Director of Cultivation.

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Cannabis Law Report

JUNE 13, 2022

The statute: Legalizes possession of small amounts of marijuana and cultivation of up to three mature and three immature cannabis plants per dwelling for personal use. In 2021, the state was one of several to pass legalization legislation. Earlier in 2022, Oregon enacted a similar two-year license moratorium. May 25, 2022.

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SpeedWeed

JULY 28, 2021

CannaCon is coming to Chicago, Illinois from August 6-7, 2021, and Cannabiz Media will be there at Booth #705 on the expo floor! Sessions are categorized as follows: Cultivation, Extraction, Processing, Retail, Business / Legal, Finance, Science / Genetics, Marketing and Branding, and Operations Management. The Pot Brothers at Law.

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Media Seed-To-Sale Education Extraction 52

Cannabis Law Report

MAY 24, 2022

3d 395 (2021). In 2017 the law was amended to provide that “nothing in this section shall preclude a municipality from establishing zoning by-laws … which allow commercial marijuana growing and cultivation on land used for commercial agriculture, aquaculture, floriculture, or horticulture.” [2]. Alexander Hymowitz. 670, 173 N.E.3d

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