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A Look Back at California Cannabis in 2022

Canna Law Blog

The year 2022 was a busy one for the California cannabis industry, with everything from tax reform to the beginning of enforcement. A few things happened in 2022 that indicate the agencies may be changing their approach. Under state law, CDTFA collected both a cultivation tax and an excise tax. California hints at enforcement?

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With $20M to spend on marijuana research for veteran care, Michigan seeks proposals

Cannabis Law Report

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.

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Mind Medicine Australia – Opinion: If the Medicine Works Shouldn’t We All Have Access to it? A Recent Poll of Australians Says Yes We Should – Scott Leckie and Tania de Jong (February 2022)

Cannabis Law Report

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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California Governor Proposes a Cannabis Tax Reduction in an Effort to Shore Up the Legal Market

Cannabis Law Report

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. per ounce of fresh cannabis plant, and these taxes are paid on all recreational and medicinal cultivation of cannabis.

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Cannabis Tax Policy and Libraries: A New Whitepaper From EveryLibrary Institute

Cannabis Law Report

In its continuing series of whitepapers, the EveryLibrary Institute has created the “Cannabis Tax Policy and Libraries” whitepaper (July 2022) to help inform library leaders and public policy stakeholders about the role that revenue from recreational cannabis should have in supporting public libraries as community anchor institutions.

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Can Cannabis Businesses Be Insured?

Veriheal

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 and the Environment: Seven Significant Side-Effects April 14, 2022

Cannabis Law Report

Cannabis cultivation and processing are rapidly-growing industries, as hemp and both recreational and medical marijuana products are being legalized across the country. Danielle M. Hazeltine , Patrick J. Larkin , Sheryl Sweeney. Water resource depletion has been a concern at both outdoor and indoor grow operations.