Veriheal

JANUARY 25, 2022

The move has put many CBD and hemp-related companies across the state in a precarious position at a time when small businesses are barely hanging on as it is. billion mark by 2022, up from an estimated $500 million in 2018. The post Hemp and CBD Businesses Could Be Out in the Cold in Minnesota appeared first on Cannabis Central.

Hemp 98

Hemp Business CBD Seed-To-Sale 98

Cannabis Law Report

JULY 14, 2021

Market Forecast Up to $30B in 2022. forecast for 2022 has surpassed $30B , strongly driven by the recent legalization of recreational cannabis in multiple states including Connecticut and New York. market growth will not slow in the near future, with a higher YoY growth rate expected in 2022. EDITOR: Heather Allman.

Legalization 81

Legalization Data Retail Recreational 81

The Blunt Truth

AUGUST 5, 2021

Several states may have ballot initiatives in 2022. Several states seek to join the list of adult-legal jurisdictions via 2022 ballot initiatives. Idaho supporters can start collecting signatures. Arkansas proponents are also busy getting John Hancocks from citizens. And finally, we introduce you to Cannabis the Cat.

Decriminalization 116

Decriminalization Collective Hemp Legalization 116

Cannabis Law Report

AUGUST 17, 2022

Drug Enforcement and Policy Center, August, 2022. 21 Pages Posted: 12 Aug 2022. Date Written: August 11, 2022. Raise evidentiary requirements and limit enforcement penalties for MDIs and CDFIs for servicing legitimate cannabis businesses. Ohio State Legal Studies Research Paper No. Cat Packer. Independent. Shaleen Title.

Banking 98

Banking Access Research and Development Compliance 98

SpeedWeed

SEPTEMBER 2, 2021

Cannabis reform activists in Ohio can now circulate petitions for a cannabis legalization measure after receiving permission to begin collecting signatures to place the proposal before lawmakers. If the group collects at least 132,887 valid signatures, the proposal will head to the Ohio General Assembly for consideration by the legislature.

Collective 53

Collective Programs Cultivation Cannabis 53

Cannabis Law Report

JUNE 14, 2022

Massachusetts municipalities have collected more than $53 million in “impact” fees from cannabis companies since the launch of adult-use sales in 2018, according to a Northeaster University study published by the Massachusetts Cannabis Business Association outlined in a Boston Globe report. Read More at .

Collective 52

Collective Business Legislation Cannabis 52

Cannabis Law Report

JULY 16, 2021

forecast for 2022 has surpassed $30B , strongly driven by the recent legalization of recreational cannabis in multiple states including Connecticut and New York. market growth will not slow in the near future, with a higher YoY growth rate expected in 2022. between 2020 and 2022 from 57.5% In Canada , Flower share drops 6.5%

Data 75

Data Legalization Retail Recreational 75

Dykema (Cannabis Law Blog)

NOVEMBER 16, 2022

in September 2022. This rapid price compression puts tremendous pressure on many marijuana businesses as they face greater competition with ever-slimming margins. However, the doors to the bankruptcy courts are currently closed to marijuana businesses because marijuana is still illegal at the federal level.

Business 84

Business Legalization Marijuana Collective 84

Veriheal

SEPTEMBER 9, 2021

Collectively, the four aforementioned newly legal states are projected to earn $4.5 Let’s take a look at some key business details and projections for those newly legal states: 1. Legal Cannabis Business Framework . The market’s projected start date is May 2022. Legal Cannabis Business Framework .

Legalization 111

Legalization Recreational Business Retail 111

Illinois News Joint

DECEMBER 1, 2023

The presentation included one significant cannabis tax item, the business expense deduction for licensed Illinois cannabis businesses. 1, 2023, Cannabis industry businesses will be able to deduct business expenses that otherwise cannot be deducted federally pursuant to Section 280E of the Internal Revenue Code.

Cultivation 111

Cultivation Programs Collective Cannabis 111

Cannabis Law Report

AUGUST 4, 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. With organic revenues 13% above H1 2019 in H1 2021, Eurofins’ Core Business is once again leading the TIC industry in terms of organic growth.

Business 81

Business Research and Development Environment Food 81

Veriheal

FEBRUARY 23, 2023

3, 2022, 37 states, three territories and the District of Columbia allow the medical use of cannabis products. 9, 2022, 21 states, two territories and the District of Columbia have enacted measures to regulate cannabis for adult non-medical use.” Flowhub says, “Nearly $3 billion in retail cannabis taxes were collected in 2022.”

Cultivation 98

Cultivation Dispensary Agriculture Supply Chain 98

Cannabis Law Report

JULY 1, 2022

The cannabis tax reform trailer bill will: Indefinitely suspend the cannabis cultivation tax effective July 1, 2022. Move cannabis excise-tax collection and remittance to retail in 2023, establishing one point of collection and remittance and greatly simplifying tax requirements for the entire cannabis supply chain.

Supply Chain 52

Supply Chain Legislation Collective Retail 52

Cannabis Law Report

JULY 6, 2021

Though recreational sale of marijuana will not be legal until at least 2022, the legislation’s passage sets the stage for rapid development of a brand new, multi-billion-dollar, legal cannabis industry in the state. With big business comes big business divorce. The Alleged Partnership.

Business 85

Business Research and Development Cannabis Law 85

Cannabis Law Report

JULY 24, 2022

The judgment states that Matta is a California citizen doing business as OC 420 Collection which promotes, distributes and sells edible cannabis candy products including “medicated Skittles” and “Medicated Cannaburst Gummies.” Conde et al holding that Stephen Matta violated Wrigley’s trademarks. . Wrigley Jr. 85 (C.D.Cal.

Edibles 105

Edibles Media Collective Events 105

Cannabis Law Report

SEPTEMBER 10, 2021

What constraints does the MRTA place on the location of these businesses? Applicants for licenses will also be evaluated based on how they minimize environmental impacts in the course of conducting their business. Licensing Considerations for Adult-Use Cannabis Operators in New York.

Business 94

Business Legislation Dispensary Law 94

Cannabis Law Report

AUGUST 15, 2022

Q2 2022 Systemwide Pro Forma Revenue of $34.5 million, an increase of 6% from Q1 2022 Q2 2022 Adjusted EBITDA of $9.2 million, an increase of 2% from Q1 2022. Conference call to be held today, August 15, 2022 at 5:00 p.m. August 15, 2022 – 4Front Ventures Corp. Q2 2022 Highlights. PHOENIX, Ariz.,

Retail 52

Retail Vaping Concentrates Cultivation 52

Illinois News Joint

FEBRUARY 5, 2025

Sales taxes collected at Illinois cannabis dispensaries totaled more than $490 million in 2024, per the Illinois Department of Revenue. 2022 total monthly sales include: January: $117,251,759.72 Illinois again set a new annual-sales total in 2024 at $1,722,755,856.37, which outpaced 2023 totals of $1,634,982,020.74. May: $146,229,576.98

Recreational 103

Recreational Dispensary Policy Cannabis 103

The Blunt Truth

DECEMBER 2, 2021

So, it’s back to the drawing board for advocates, who are collecting signatures for the 2022 ballot. Green Wednesday is now joining Black Friday, Small Business Saturday, Cyber Monday and Giving Tuesday. Last week, they struck down the initiative for a violation of the state’s single subject rule. cannabis banking. and finally.

Banking 111

Banking Decriminalization Collective Legalization 111

Cannabis Law Report

JUNE 11, 2021

While existing medical cannabis and cannabinoid hemp companies may continue to do business under the state’s existing (pre-MRTA) rules, adult-use cannabis business will not be able to operate lawfully until they are licensed by OCM/CCB. Overview of Adult-Use License Types, Requirements, and Restrictions.

Seed-To-Sale 81

Seed-To-Sale Retail Consumption Cultivation 81

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. checking accounts, business loans) in states where cannabis is legal. 8 MARCH 2022. Of the 2,210 adults interviewed for the survey — .

Banking 52

Banking Hemp Business Access 52

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. It’s time for Idaho to grow up,” she told Cannabis Business Times and Cannabis Dispensary.

Legalization 52

Legalization Collective Decriminalization Dispensary 52

Cannabis Law Report

JANUARY 12, 2022

A new law in Philadelphia that keeps employers from making people take pre-hire cannabis tests goes into effect starting in January 2022. The law also does not apply to jobs with employers who must test for marijuana use under state or federal law, including businesses that contract with the federal government.

Law 52

Law Collective Cannabis Safety 52

Cannabis Law Report

JANUARY 9, 2022

Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. Colorado already had a developed medical cannabis regulatory system, and many businesses were able to transition to having both a medical and an adult-use counter. of the population enrolled. 46,104,922.

Collective 52

Collective Policy Retail Programs 52

Cannabis Law Report

JUNE 15, 2022

June 15, 2022. Further, the settlement requires the licenses be fully transferred by the end of November 2022 or they will be automatically surrendered on Dec. California Steps Up Tax Collection Efforts. The CDTFA plans to escalate tax enforcement against legal cannabis businesses. On June 8, 2022, the U.S.

Business 52

Business Marijuana Safety Banking 52

Cannabis Law Report

MARCH 10, 2022

10 March 2022. After another year of adjustments and uncertainty caused by COVID-19 and other global factors, it was refreshing to attend the event in person again and to spend time re-connecting with businesses and thought leaders from across the hemp industry spectrum. by Erica B. Rogers , Tyler J. Russell and Amy Wooten.

Hemp 52

Hemp Research and Development Supply Chain Data 52

Cannabis Law Report

AUGUST 17, 2022

Company Announces Strategic Decision to Sell Packaging Business, Make Final Transition to a Consumer House of Brands. 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 Recent Highlights: Financial Results.

Packaging 52

Packaging Business Retail Access 52

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. It’s time for Idaho to grow up,” she told Cannabis Business Times and Cannabis Dispensary.

Legalization 80

Legalization Collective Decriminalization Dispensary 80

Cannabis Law Report

NOVEMBER 12, 2021

Specifically, as of that date, CRC will begin accepting license applications for Cultivation, Manufacturers and Testing Laboratories, and 90 days later, on March 15, 2022, will begin accepting adult-use license applications for Retailers. Diversely Owned Businesses Applicants. Impact Zone Businesses Applicants.

Recreational 52

Recreational Business Collective Retail 52

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. Concerning ownership of cannabis-related businesses.”.

Research and Development 52

Research and Development Cannabinoids Packaging Hemp 52

Cannabis Law Report

JUNE 10, 2021

According to the county Land Use & Environment department, the review process “would cover the broadest scope of cannabis operations … (and) begins the work to open the cannabis industry’s commercial opportunities to more businesses.” both in San Diego.

Policy 81

Policy Environment Collective Edibles 81

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. It’s time for Idaho to grow up,” she told Cannabis Business Times and Cannabis Dispensary.

Collective 75

Collective Decriminalization Dispensary Patients 75

Cannabis Law Report

FEBRUARY 19, 2022

The AMCC anticipates that applicants may submit licenses to grow and/or manufacture medical cannabis on September 1, 2022. On February 2, 2022, Governor Reeves signed bipartisan legislation, SB 2095 , and Mississippi became the 37th state to legalize medical cannabis.

Legalization 97

Legalization Seed-To-Sale Programs Dispensary 97

Dykema (Cannabis Law Blog)

FEBRUARY 22, 2022

On February 15, 2022, the Michigan House Committee on Regulatory Reform considered HB 5706. As sovereign nations, tribes can generally make their own rules for their business ventures and members on tribal lands, with state law potentially applicable only in sharply limited circumstances.

Legislation 73

Legislation Marijuana Collective State Laws 73

Veriheal

OCTOBER 20, 2023

Pricing per gram data was obtained through crowdsourced city-level polls and adjusted per the data in the UNODC World Drug Report 2022 and the PriceofWeed dashboard. These stats are based on average prices in the respective cities and will vary from business to business. Where Is Cannabis the Cheapest? at $7/gram.

Data 116

Data Consumption Cannabis Legalization 116

Cannabis Law Report

MARCH 24, 2022

23 March 2022. bill places hemp stores, farmers at risk of losing business. businesses from crashing. In addition to a declaration that Delta-8 and Delta-10 products are legal, the firm is seeking a court order prohibiting Austin-Gatson and the state from prosecuting business owners for selling them. Delta 9 THC.

Hemp 52

Hemp CBD Legalization Research and Development 52

Cannabis Law Report

MAY 17, 2023

MJ Biz reports Various levels of the Canadian government collected more than 1.5 For the financial year ended in March 2022, total net income from province-owned cannabis businesses, plus total taxes and other revenue, equaled […] billion Canadian dollars ($1.12

Collective 52

Collective Data Business Cannabis 52