SpeedWeed

JULY 18, 2021

Marijuana Moment reports that a group called Decriminalize California has submitted a petition to the California attorney general’s office for a 2022 ballot measure that would make California the first state to legalize magic mushrooms. . View original article.

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Cannabis Law Report

MAY 25, 2022

FEBRUARY 26, 2022. Every year, the IRS collects billions of dollars from cannabis business owners. Section 280E of the internal revenue code states that businesses “trafficking in controlled substances … prohibited by Federal law” may not deduct any expenses incurred in producing, distributing, and selling that product.

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SpeedWeed

AUGUST 26, 2021

Kind Idaho Chair Jackee Winters is laser-focused on qualifying the group’s medical cannabis legalization initiative for the state’s 2022 ballot in order to help her daughter, who suffers from a brain tumor, get legal access to cannabis. 23 that the new law is unconstitutional, according to an Idaho Statesman report.

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Kind Meds (Cannabis Education Blog)

FEBRUARY 7, 2022

Review our compilation of cannabis trends for 2022 to stay up to date on the latest news in the cannabis industry and ensure you are prepared for the future. The governor of New Mexico signed a legalization bill into law in 2021, and residents can now grow and possess cannabis, but it will not be available for retail sale until 2022.

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Cannabis Law Report

JANUARY 9, 2022

Eighteen states have laws that legalize, tax, and regulate cannabis for adults 21 and older (the 2020 voter-approved adult-use legalization law in South Dakota was overturned by the state’s Supreme Court in November 2021). local sales tax on adult-use cannabis and has collected $237.5 million as of November 2021. 46,104,922.

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Cannabis Law Report

FEBRUARY 14, 2022

Our families and communities are suffering, and we urgently need access to preventative and curative medicines and medical care that is safe and effective. These ground-breaking treatments offer therapeutic access to either psilocybin (the active ingredient in ‘magic mushrooms’) or MDMA, a synthetic medicine.

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Cannabis Law Report

JANUARY 14, 2022

With a new year, comes a new legislative session, which started on January 10, 2022 here in Washington state. In Washington, we have short sessions (60 days) in even-numbered years and longer sessions (105 days) in odd-numbered years, so in 2022 there will be a short session. HB 1667 -? percent THC on a dry weight basis; and.

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Cannabis Law Report

AUGUST 17, 2022

Revenue for Q2 2022 increased 15% to $39.9M, compared to $34.7M For the six months ending June 30, 2022, revenue was $86.5 Adjusted EBITDA loss for Q2 2022 was $5.8 For the six months ending June 30, 2022, adjusted EBITDA loss was $11.1 Net sales for the three months ending June 30, 2022, were $39.9 in Q2 2021.

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Cannabis Law Report

MARCH 8, 2022

consumers support all legal cannabis businesses — including hemp and CBD — having access to banking services. 65% support allowing cannabis businesses to access banking services (e.g. 68% support Congress passing legislation that allows cannabis businesses to access banking services and products in states where cannabis is legal.

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Cannabis Law Report

MAY 16, 2022

MAY 16, 2022 BY DEANNA J. Gavin Newsom introduced proposed revisions to his 2022-2023 budget proposal, which would eliminate the cannabis cultivation tax rate beginning July 1, 2022. To go into effect, the proposal must be approved by a two-thirds majority of the state legislature by June 15, 2022. Source: [link].

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Cannabis Law Report

MAY 13, 2022

Good afternoon, The Governor’s Office today released a revised 2022-23 state budget proposal, building on the state’s ongoing work to make historic investments in California’s future, including efforts to create a safe, sustainable, and equitable legal cannabis market. million to help expand access to legal retail throughout California.

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Cannabis Law Report

APRIL 11, 2022

Start date: May 3rd, 2022. Click on each link below to access the Eventbrite page of each course and read more about each: Diversity, Culture and Social Justice in Psychedelics. Includes access to all classes and a complimentary full year-long Chacruna membership . Here’s what they say. The Science of Psychedelic Healing.

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Cannabis Law Report

FEBRUARY 19, 2022

Alabama legalized medical a medical cannabis program on May 17, 2021 when Governor Ivey signed SB 46 into law. 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.

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Cannabis Law Report

MAY 8, 2022

This year, the party for the first time , is presenting a unified national front for the 2022 general election and as they have virtually received no coverage from the mainstream media, here at Cannabis Law Report, we thought it might be an idea to get to know the candidates on their own terms. Click on image to watch on you tube.

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SpeedWeed

AUGUST 30, 2021

Kind Idaho Chair Jackee Winters is laser-focused on qualifying the group’s medical cannabis legalization initiative for the state’s 2022 ballot in order to help her daughter, who suffers from a brain tumor, get legal access to cannabis. 23 that the new law is unconstitutional, according to an Idaho Statesman report.

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SpeedWeed

AUGUST 30, 2021

Kind Idaho Chair Jackee Winters is laser-focused on qualifying the group’s medical cannabis legalization initiative for the state’s 2022 ballot in order to help her daughter, who suffers from a brain tumor, get legal access to cannabis. 23 that the new law is unconstitutional, according to an Idaho Statesman report.

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Cannabis Law Report

JANUARY 3, 2022

Hemp Access and Consumer Safety Act. Federal law currently prohibits the sale of food and dietary supplements that contain an ingredient that is an active ingredient in an approved drug, or a drug for which there have been substantial and publicly known clinical investigations under the Drug Preclusion Rule. Hemp champion Sen.

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Cannabis Law Report

JUNE 2, 2021

Researchers studying the efficacy of marijuana treatments for veterans’ mental health now have access to $20 million in marijuana tax revenue to fund clinical trials. Government revenue collected in recreational marijuana excise taxes totaled $31 million in fiscal year 2020. The deadline for proposals is Friday, July 16. Between Dec.

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Cannabis Law Report

SEPTEMBER 23, 2022

It links ideas among a group to access the “collective intelligence” of participants, and to understand/learn from multiple points of view. To provide public notice that the LCB is considering possible rule changes, the LCB filed a CR 101 Preproposal Statement of Inquiry as WSR 22-18-058 on August 31, 2022.

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Cannabis Law Report

APRIL 28, 2022

New – ABA + 51 state bankers associations ask @SenateDems @SenateGOP @SenateBanking @BankingGOP leaders to include "widely supported, bipartisan" #SAFEBanking Act in COMPETES Act so cannabis businesses can access banking in states where cannabis is legal: [link]. — American Bankers Association (@ABABankers) April 28, 2022.

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Veriheal

MAY 17, 2023

Singapore enforces some of the harshest drug laws on the planet and has faced immense pressure from all corners to banish the death penalty—a judicial law that claimed the lives of 11 people in 2021. After a two-year break, Singapore’s death penalty was reinforced in early 2022. grams of cannabis in 2017.

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SpeedWeed

AUGUST 30, 2021

Kind Idaho Chair Jackee Winters is laser-focused on qualifying the group’s medical cannabis legalization initiative for the state’s 2022 ballot in order to help her daughter, who suffers from a brain tumor, get legal access to cannabis. 23 that the new law is unconstitutional, according to an Idaho Statesman report.

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Cannabis Law Report

APRIL 14, 2022

While pesticides are heavily regulated, including under the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA), cannabis remains an illegal drug under federal law, and so, the United States Environmental Protection Agency (EPA) has not approved any pesticides for use on the plant. city or county) regulations, including zoning laws.

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Cannabis Law Report

JUNE 15, 2022

June 15, 2022. 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. Newsworthy Highlights.

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Cannabis Law Report

JUNE 11, 2021

On March 31, 2021, New York Governor Andrew Cuomo signed the Marijuana Regulation and Taxation Act (MRTA) into law, legalizing adult-use cannabis in the state and establishing a regulatory framework to govern what likely will be one of the nation’s largest cannabis markets. Overview of Adult-Use License Types, Requirements, and Restrictions.

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Veriheal

SEPTEMBER 23, 2021

Current statistics from the Anthenum Collective show that more than 67% of Americans believe cannabis should be legal, and legal cannabis sales are expected to achieve a value of $73.6 billion a year or more, should Congress end federal prohibition in some form in 2022 as the BDSA predicts. billion by as early as 2027.

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Cannabis Law Report

MAY 18, 2022

Finally on May 13, 2022, the governor made it official when he released his budget which proposed slashing the cultivation tax to $0 as of July 1, 2022. [1] Finally on May 13, 2022, the governor made it official when he released his budget which proposed slashing the cultivation tax to $0 as of July 1, 2022. [1]

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Cannabis Law Report

AUGUST 16, 2022

16, 2022 (GLOBE NEWSWIRE) — Metrc , the most trusted and experienced provider of cannabis regulatory systems in the U.S., This marks Metrc’s 23 rd government contract to date and sixth so far in 2022. The State plans to begin accepting licensing applications for businesses on September 1, 2022. “We LAKELAND, Fla.,

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Cannabis Law Report

JULY 27, 2022

Dear MED Stakeholders: The MED is issuing this notice to inform stakeholders of its ongoing efforts to enhance the accessibility of information open to public disclosure. Beginning Monday, August 8, 2022, the MED will begin publishing all Marijuana Business Final Agency Actions on its website. What is a Final Agency Action?

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SpeedWeed

SEPTEMBER 11, 2021

California’s 1911 recall law means a governor who wins 49.9% A conservative talk radio host, Elder would mean trouble for the state’s cannabis industry, said Jared Schwass, who practices law in the cannabis space as the founder of California-based Schwass Law Firm. That is what’s at stake for Democratic Gov. Former Gov.

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Cannabis Law Report

JULY 28, 2022

July 28, 2022. Colorado could decriminalize the personal use and possession of certain psychedelic plants and fungi, including “magic mushrooms,” and create a Natural Medicine Access Program, according to a voter initiative on the November ballot. Psilocybin mushrooms are classified as an illegal Schedule I drug under federal law.

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Cannabis Law Report

JULY 29, 2022

million , to be made through $50,000 per-month payments over an expected period of 116 months, beginning in August 2022. million , to be made through $50,000 per-month payments over an expected period of 116 months, beginning in August 2022. million as at March 31, 2022 (the “Provision”). million –.

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Cannabis Law Report

JULY 22, 2022

July 21, 2022 08:00 ET | Source: Metrc LLC. July 21, 2022 (GLOBE NEWSWIRE) — Metrc , the most trusted and experienced provider of cannabis regulatory systems in the U.S., July 21, 2022 (GLOBE NEWSWIRE) — Metrc , the most trusted and experienced provider of cannabis regulatory systems in the U.S., LAKELAND, Fla.,

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Cannabis Law Report

JUNE 6, 2022

NuLeaf Las Vegas The Strip, Located by 18b Las Vegas Arts District on The Las Vegas Strip, to Begin Serving Customers on Wednesday, June 8, 2022. June 6, 2022 — After acquiring Nevada-based vertically integrated operator NuLeaf, Inc., BOCA RATON, Fla.,

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Canna Law Blog

DECEMBER 30, 2022

On December 1, 2022, the Los Angeles Controller released a report (PDF here ) with a pretty lame pun as a name: “High Maintenance: Review of the City’s Cannabis Regulation Efforts.” LA has collected a LOT of tax money. Stay tuned to the Canna Law Blog for more updates on Los Angeles cannabis.

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Cannabis Law Report

JANUARY 12, 2022

Through the partnership, Maya’s Real World Evidence Platform will be one of the core services offered to the association’s members when it officially launches in Q4 of 2022. The Maya platform empowers psychedelic researchers, providers, and participants to collectively chart psychedelic best practices.

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SpeedWeed

JULY 15, 2021

California just signed a new law into effect that will consolidate the state’s cannabis programs into one department. . This was done to help simplify regulatory oversight and make access to licenses more clear and straightforward for those seeking to find them. . California Cannabis Changes on the Horizon. View original article.

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