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Compliance Outfit, Simplifya, To Offer Services in New Mexico

Cannabis Law Report

Simplifya Offers a Suite of Comprehensive Compliance Solutions for Cannabis Businesses in New Mexico Ahead of Adult-Use Sales Launch. Company’s Proven Compliance Solution Helps Cannabis Operators Stay Compliant as State Readies Adult-Use Market. They outline best practices and processes for the clients’ entire organization.

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US Compliance Company Fyllo Acquires Marketing & Loyalty Tools Outfit Data Owl

Cannabis Law Report

Fyllo are getting busy. It’s looking as though they are ramping up for changes in US Federal legislation throughout 2021-2022… Read More. The post US Compliance Company Fyllo Acquires Marketing & Loyalty Tools Outfit Data Owl first appeared on Cannabis Law Report.

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The CLIMB Act: Is Federal Cannabis Business Reform Coming?

Veriheal

In May 2022, a bipartisan pair, Rep. introduced a never-before-seen bill—the Capital Lending and Investment for Marijuana Businesses Act (“the CLIMB Act”). What Business Services Would the CLIMB Act Protect? Troy Carter (D-La.) Guy Reschenthaler (R-Pa.) The proposed legislation, H.R. The proposed legislation, H.R.

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Michigan Cannabis Industry Must Be Prepared for Environmental, Health, and Safety Compliance Inspections from EGLE and MIOSHA

Dykema (Cannabis Law Blog)

As the Michigan cannabis industry continues to grow and mature, medical and adult-use licensees would be well served to take proactive steps to ensure compliance with Environmental, Health and Safety (EHS) regulations. Further, the MRA’s administrative rules, Mich Admin Code, R 420.14(4)(c), 4)(c), 420.14(5),

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Pennsylvania Says Yes to Banking for Cannabis Businesses

Veriheal

Banking has been a hurdle for cannabis businesses since the birth of the industry. Despite the fact that these businesses are state-legal, financial institutions have historically hesitated to work with them due to cannabis’ federally illegal status. It also did not normalize federal taxation for businesses within the sector.

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Medical Cannabis Patients in PA Could See New Protections by November 2022

Veriheal

The Pennsylvania cannabis market is highly coveted among cannabis business license-holders. On March 22, 2022, Pennsylvania’s Medical Marijuana Advisory Board released the following metrics related to the state’s existing medical program: 740,757 registered patients and caregivers. June 28, 2022: After reintroduction as S.B.

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Canopy Growth Reports First Quarter Fiscal 2022 Financial Results – The John Bonham Of Cannabis?

Cannabis Law Report

Adjusted EBITDA loss in Q1 2022 was $64 million , a $29 million narrower loss versus Q1 2021 driven by higher sales and lower operating expenses. Adjusted EBITDA loss in Q1 2022 was negatively impacted by a $10.1 First Quarter Fiscal 2022 Financial Summary. (in Highlights. in millions of Canadian. dollars, unaudited).

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