Cannabis Law Report

JANUARY 30, 2022

February 2022. Within certain limits, Arizona confers legal immunity from criminal prosecution for the cultivation, manufacture, distribution, sale, possession, and use of … Read More. The CDC recently issued guidance to businesses developing marijuana policies, balancing state legalization efforts and fleet safety.

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Law Cannabinoids Policy Legislation 98

Cannabis Chronicles

JULY 1, 2019

billion in the United States in 2018, and the number of “plant-touching” jobs is expected to pass 500,000 by 2022, according to New Frontier Data, a cannabis market research and data analysis firm. To succeed, you need more than a solid business plan and ace team (though those are crucial, too). Legal weed generated $10.4

Business 100

Business Data Banking Cultivation 100

Veriheal

SEPTEMBER 23, 2021

While these businesses would benefit from being properly insured just like other businesses in America, they face the hurdle of current federal regulations against cannabis that label it a Schedule I controlled substance with no medical purpose and a high addiction rate.

Business 98

Business Access Cannabis Therapy 98

Cannabis Law Report

AUGUST 5, 2021

with Anticipated Construction to Be Completed in Q4 2022; Facility to Create 500 New Livable Wage Jobs in the Village of Matteson Region and. cultivation and production facility (the “Facility”) in the Village of Matteson , Illinois, located outside of Chicago. First Phase of the Multiphase Expansion Project includes 250K Sq.

Cultivation 98

Cultivation Agriculture Dispensary Tincture 98

Project CBD

JUNE 16, 2023

The result: Cascading business failures across the industry. One in five cultivators have voluntarily surrendered their licenses this year. In May 2022, there were close to 1500 brands in the market, according to Headset. One in five cannabis cultivators in California have voluntarily surrendered their licenses this year.

Supply Chain 186

Supply Chain Retail Cultivation Cannabis 186

Veriheal

MARCH 7, 2022

Since Connecticut lawmakers embraced Senate Bill 1201 in June 2021, wannabe cannabis business owners have been eagerly waiting to get involved in the fresh adult-use (recreational) market. Fortunately for retailers and cultivators — two available business license types — the wait is over. Micro-cultivator : Feb.

Recreational 75

Recreational Business Retail Packaging 75

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. Thanks to the 2018 Farm Bill, industrial hemp cultivation and processing is federally legal, though a few states have chosen to ban or not regulate the crop and its derivatives.

Hemp 98

Hemp Business CBD Seed-To-Sale 98

Cannabis Law Report

AUGUST 16, 2021

The Company closed the first phase of its multiphase expansion project of an up to 558,000 square foot new cultivation and production facility in Matteson, Illinois. Construction will begin in Q3 2021 and is expected to be completed in Q4 2022. Business Updates and Developments. ET on Tuesday, August 17. Gontmakher added. “We

Business 105

Business Dispensary Retail Cultivation 105

Cannabis Law Report

AUGUST 12, 2021

AUSTIN, Texas–(BUSINESS WIRE)– Texas Original Compassionate Cultivation (TOCC), Texas’ leading medical cannabis provider, today announced it recently broke ground on a new, state-of-the-art medical cannabis cultivation and processing facility in Bastrop, Texas. About Texas Original Compassionate Cultivation.

Cultivation 81

Cultivation Hybrid Patients Medicine 81

Cannabis Law Report

AUGUST 3, 2022

Oregon Psilocybin Fall Business Forum – SAVE THE DATE: October 19, 2022. 08/02/2022. OHA will begin accepting applications for four (4) different license types in 2023, and the Fall Business Forum will provide an opportunity to learn about challenges, resources, and opportunities for new businesses in this emerging sector.

Business 52

Business Topical Events Cultivation 52

Veriheal

DECEMBER 23, 2021

AOC and others have called on President Biden to make good on his promise of cannabis reform, New Mexico has gotten its recreational market up and running with a batch of new licenses, and California cannabis businesses wrote to Gov. The state is planning to license more cannabis businesses in the coming weeks.

Recreational 97

Recreational Business Retail Cannabis 97

Cannabis Law Report

JULY 24, 2022

Attorneys in Tilleke & Gibbins’ regulatory affairs team have completed a major update of the Cannabis and Hemp Business Guide – Thailand, to reflect the recent r emoval of cannabis from the country’s narcotics list —which significantly reshaped the legal and regulatory landscape for cannabis. The full guide is available as a PDF below.

Hemp 52

Hemp Business Cultivation Cannabis 52

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

SpeedWeed

SEPTEMBER 14, 2021

“The changes proposed by Elder would stifle growth in the cannabis industry, continue to squeeze out small businesses, which are already struggling in the industry, and return to a ‘war on drugs’ type of police enforcement.”. RELATED: California’s Cannabis Industry Marred by Limited Supply Chain and Heavy Tax Burden. Former Gov.

Cultivation 82

Cultivation Supply Chain Cannabis Business 82

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. Fees and Taxes.

Seed-To-Sale 81

Seed-To-Sale Retail Consumption Cultivation 81

Cannabis Law Report

APRIL 17, 2022

Posted on April 15th, 2022 by Cecilia Oyediran. Yesterday, the Cannabis Control Board approved 52 adult-use conditional cultivation licenses , which means the approved businesses can start growing cannabis for the upcoming adult-use market. The deadline for applications is June 30, 2022. Championed by Sen.

Conditions 52

Conditions Cultivation Banking Business 52

Cannabis Law Report

OCTOBER 11, 2021

The case was brought by Mark Toigo, a Pennsylvania resident and minority owner of Organic Remedies MO, which owns a cultivation license in Chaffee and three dispensary licenses in Fenton, Sedalia, and Cape Girardeau. City of Detroit, is moving towards a bench trial in April 2022. City of Portland, is winding through courts.

Business 95

Business Marijuana Dispensary Cultivation 95

MJ Business Attorneys

MAY 31, 2019

The California Legislature passed Senate Bill 51 last week, allowing California state-chartered banks and credit unions to provide banking services for the states’ cannabis businesses. What’s the next step for California licensed cannabis business? Alverez as Commissioner of the California Department of Business Oversight.

Banking 100

Banking Business Cannabis Safety 100

Veriheal

SEPTEMBER 9, 2021

Let’s take a look at some key business details and projections for those newly legal states: 1. Legal Cannabis Business Framework . In addition to this, microbusinesses can establish vertical cannabis operations, which will essentially aid them in scaling their business to a larger target market. Connecticut. New Mexico.

Legalization 111

Legalization Recreational Business Retail 111

Cannabis Law Report

SEPTEMBER 15, 2022

The guide provides a holistic review of the current cannabis laws in every state including the District of Columbia, from favorable to cannabis businesses to most restrictive. In 2022, the D.C. Thompson Coburn LLP has released its latest state-by-state ranking of state cannabis regulations. However, the future of cannabis law in D.C.

Recreational 52

Recreational Legislation Research and Development Retail 52

Veriheal

NOVEMBER 8, 2022

Let’s explore: Arkansas Issue 4, Marijuana Legalization Initiative (2022). Existing medical cannabis business license holders would also be authorized to sell cannabis at their existing locations and could launch one new location strictly for commercial sale. Maryland Question 4, Marijuana Legalization Amendment (2022).

Decriminalization 119

Decriminalization Marijuana Legalization Programs 119

Cannabis Law Report

AUGUST 27, 2022

According to Mr Olofsson, the current situation is reminiscent of the PPE rush at the start of the pandemic, after the dramatic spike in demand created an environment rich with opportunities to scam well-meaning businesses. ??JUICY — Plata Business ???? JuicyFields_) July 13, 2022. JUICY NEWS?? Read the full article at.

Environment 98

Environment Cultivation Business Law 98

Cannabis Law Report

AUGUST 18, 2022

Ayr Wellness Reports Second Quarter 2022 Results . MIAMI, August 18, 2022 – Ayr Wellness Inc. multi-state cannabis operator (“MSO”), is reporting financial results for the three months ended June 30, 2022. Q2 2022 results were in line with our expectations, and we now look ahead to the second half of 2022.

Dispensary 52

Dispensary Business Cultivation Supply Chain 52

Cannabis Law Report

AUGUST 27, 2021

The Rules will be effective until at least August 19, 2022. The Rules establish the recreational cannabis industry in New Jersey and allow the CRC to begin licensing businesses as soon as possible. These classes include cultivators, manufacturers, retailers, distributors and delivery services.

Cultivation 105

Cultivation Conditions Business Cannabis 105

Cannabis Law Report

JULY 11, 2022

California Cannabis Cultivation Tax Eliminated. The budget trailer bill eliminated the cannabis cultivation tax beginning July 1, 2022. The harvested cannabis was first sold or transferred by a cultivator to a distributor on or after July 1, 2022. California Cannabis Excise Tax Capped at 15% for Three Years.

Cultivation 52

Cultivation Law Collective Retail 52

The Cannigma

MARCH 3, 2022

Together with partners Shizim and Cann10, CannX gathers together the foremost experts on medical cannabis across science, business, and agriculture. We look forward to welcoming you in-person to CannX 2022 – for what is sure to be an outstanding event! The 10 best cannabis schools and colleges in 2022 - online and offline.

Research and Development 98

Research and Development Education Events Agriculture 98

Cannabis Law Report

APRIL 9, 2022

In 2022, you can expect a whirlwind of cannabis employment activity as new markets enter the scene and the pandemic waxes and wanes. Here is our cannabis employment report 2022. State of Cannabis Employment – 2022 Update. As of January 2022, there are 428,059 full-time equivalent jobs in the U.S. 2022 – 428,059 jobs.

Seed-To-Sale 52

Seed-To-Sale Education Packaging Cannabis 52

Cannabis Law Report

SEPTEMBER 10, 2021

Practically speaking, will landlords be willing to take on the risk of leasing space to cannabis cultivators, processors or dispensaries—and, if so, what are some of the issues that will arise in negotiating leases to cannabis operators? What constraints does the MRTA place on the location of these businesses?

Business 94

Business Legislation Dispensary Law 94

Cannabis Law Report

MAY 27, 2022

Posted on May 26th, 2022 by Cecilia Oyediran. While adult-use retail sales will not launch in the state until on or after December 1, 2022, adults 21 and older can now legally possess up to one ounce of cannabis and grow up to six plants for personal use, only three of which can be mature. Cultivation. Foley Hoag LLP.

Hybrid 86

Hybrid Retail Cultivation Marijuana 86

Veriheal

FEBRUARY 3, 2022

In the last year alone, there has been a significant increase in the number of business licenses, increasing from just under 10,000 licenses in January of 2021 to 12,197 active business licenses as of January 6th, 2022. Namely issues concerning a lack of enforcement officials and illegal cultivators with foreign interests.

Programs 52

Programs Seed-To-Sale Wellness and Beauty Compliance 52

Cannabis Law Report

MARCH 4, 2022

Planet 13 has award-winning cultivation, production and dispensary operations in Las Vegas and dispensary operations in Orange County, California. We’ve been incredibly impressed with the quality of cultivation and look forward to continued expansion.”

Cultivation 52

Cultivation Dispensary Retail Business 52

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

The Cannigma

APRIL 5, 2021

Dispensaries won’t open until at least the first half of 2022. Under the new law, the dispensaries can open their doors starting on April 1, 2022, though it could potentially take longer for the first retail cannabis stores to begin operations. New Yorkers can cultivate up to 6 plants. Here’s what will take a few months.

Legalization 142

Legalization Consumption Dispensary Vaping 142

Cannabis Law Report

NOVEMBER 29, 2021

Xebra has also been selected by the Dutch government, out of a competitive pool of applicants, as one of only five companies to compete for two exclusive licenses to cultivate medicinal cannabis in the Netherlands , with an initial six-year guaranteed government contract for each successful party, estimated at ~CDN$100 million.

Cultivation 98

Cultivation Events Business Conditions 98

Cannabis Law Report

JUNE 23, 2022

June 22, 2022 . Olive Branch has moved forward with an ordinance regulating medical cannabis businesses in the city. Tate Reeves during the 2022 legislative session. For one, areas zoned AR, or agricultural residential, cannot be where medical cannabis dispensaries, or cultivation or disposal facilities are located.

Business 52

Business Dispensary Agriculture Cultivation 52

Cannabis Law Report

AUGUST 25, 2022

JUNE 30, 2022 – Upon approving the 2022-23 state budget, Governor Newsom signed AB-195 into law — a “trailer bill” which implements the fiscal appropriations within the $308 billion specific to the state’s cannabis industry. Human Food Manufacturer. Human Food Manufacturer with Cannery License.

Law 52

Law Food Packaging Hemp 52

Veriheal

JANUARY 3, 2023

24, 2022, the state completely removed the qualifying conditions list that patients used to have to adhere to in order to qualify for the medical cannabis program. This has caused a long list of issues, such as unregulated businesses serving the general public. Medical cannabis has been legal in the state since 2014.

Retail 103

Retail Dispensary Business Conditions 103