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Due to the state’s “home rule” policy, which allows local governments to forbid legal cannabis businesses, […] The post The best-rated weed dispensaries in California 2022 appeared first on Leafly. And here’s the crazy part—California shops have yet to even really blossom.
While the employment-related provisions of the state’s newly adopted marijuana legalization law do not take effect until July 1, 2022, employers should understand the impact on their workplaces. Prohibit employees from using or possessing marijuana outside of work, so long as it is written in company policy. ” Mokriski.
” Tiffany Devitt’s response: As Cheech & Chong are well aware, businesses are subject to federal and state laws. There has been a rash of bills in several states to raise taxes and permit fees on cannabis business to prohibitive levels, or to ban smokable flower from state-licensed medical marijuana programs.
February 2022. Lewis Brisbois Bisgaard & Smith LLP: CDC Issues Best Practices For Fleet Marijuana Policies. The CDC recently issued guidance to businesses developing marijuana policies, balancing state legalization efforts and fleet safety. In this month’s issue. Luckily, … Read More.
–(BUSINESS WIRE)–Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its first quarter of fiscal 2022 with net sales of $906 million increasing 20% 1 (+18% on an underlying basis 2 ) compared to the same prior-year period. First Quarter of Fiscal 2022 Highlights. LOUISVILLE, Ky.–(BUSINESS
The NCAA is relaxing its drug testing policy. Those with a close family member with a marijuana offense will also get priority, as will nonprofits or businesses with leaders with a conviction. In the spirit of March Madness, we note that the NCAA relaxed its drug testing policy. district of columbia.
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).
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.
This year our office wrote about the various legislative and policy changes – We break down 2021’s highlights below. DCC needs to present a report to the Governor by July 1, 2022 that outlines the steps necessary for the incorporation of hemp products (and cannabis products with hemp cannabinoids) into the cannabis supply chain.
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.
The Texas Cannabis Policy Conference gathers thought-leaders and experts in the rapidly changing landscape of cannabis legalization. Attendees will include cannabis business owners, entrepreneurs, investors, policy makers, and allied health professionals. Texas Cannabis Policy Conference at A&M University.
The 2022 general election saw cannabis on the ballot in 32 municipalities across Michigan. Some of those municipalities voted to allow cannabis businesses for the first time, while others voted to expand legal access from only medical to adult use. Clement Township , Gladwin County – voted to allow two adult use retail establishments.
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.
Senator Liz Krueger will detail New York’s model for marijuana legalization at the Business of Cannabis: New York summit on September 29 – the first major cannabis summit since the Marijuana Regulation and Taxation Act (MRTA) was approved in March 2021. billion in 2022, rising to USD$3.9 billion in 2022, rising to USD$3.9
Construction will begin in Q3 2021 and is expected to be completed in Q4 2022. To that end, as CEO, I am more confident than ever in our strategy, fundamentals, asset base, and current growth ramp of our business as we look ahead to 2022.”. Business Updates and Developments. ET on Tuesday, August 17. Massachusetts.
20 January 2022. January 2022) – The CDC recently issued guidance to businesses developing marijuana policies, balancing state legalization efforts and fleet safety. Likewise, a zero-tolerance marijuana policy may no longer be viable under state legalization laws. by Todd A. AUTHOR(S).
Live Webinar: Date: March 31, 2022. In this webinar, we’ll cover: Emerging policy developments and forward-looking trends. How to provide services to “plant-touching” businesses. We apply our entirely subjective bong score to each event. 1 Don’t Bother Unless You Need A Well Deserved Sleep. Time: 1pm ET / 10am PT.
We heard from regulators, politicians, and most importantly, cannabis businesses. One common refrain we heard from producers was a new policy from the Washington State Liquor and Cannabis Board (WSLCB) with regards to how the board is enforcing rules surrounding plant canopy. More importantly, the message states the following.
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.
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.
Here are the top cheeses at the NCIA for 2022. Michael is Chair Emeritus of NCIA’s State Regulations Committee and current Policy Co-Chair. Both have joined 13 other incumbent board members and will be serving during the 2022-24 board term. The board also selected its slate of 2022 officers.
2022 WL 129928 (N.H. The employer will only be exempt from this duty if they can demonstrate that the accommodation would impose an undue hardship on the operation of the business. the accommodation would impose an undue hardship on the operation of its business.”. PAINE v RIDE-AWAY, INC. . Supreme Court of New Hampshire.
The result: Cascading business failures across the industry. In May 2022, there were close to 1500 brands in the market, according to Headset. A 2022 report estimated that licensed California cannabis distributors are sitting on over $600 million dollars in aging accounts receivable that retailers are unable or unwilling to pay.
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.
8, will see voters render a verdict on a broad scope of drug policy reform issues via their midterm ballots. Let’s explore: Arkansas Issue 4, Marijuana Legalization Initiative (2022). An extra 40 licenses would be distributed to businesses via a lottery process. Maryland Question 4, Marijuana Legalization Amendment (2022).
Mark Barnett, Policy Director at the Maine Craft Cannabis Association. With federal legalization on the horizon, it’s critical that craft cannabis producers organize across state lines to ensure that federal policy includes a level playing field for small and independent businesses.”. 14, 2022 by Rep.
What constraints does the MRTA place on the location of these businesses? Applicants who do not qualify as social or economic equity applicants should be considering how their operations might meet the policy goals of MRTA, because the legislation’s licensing framework includes several criteria focused on social and economic equity.
Seventy applicants selected in the 2022 social equity lotteries are still in the process of receiving their full dispensary licenses from IDFPR, as are 51 applicants selected in the Social Equity Criteria Lottery (SECL) in July 2023. 2022 total monthly sales include: January: $117,251,759.72 Governor Juliana Stratton. May: $44,317,385.72
Budget 2022. On April 7, Deputy Prime Minister and Minister of Finance Chrystia Freeland presented Budget 2022 laying out the Government of Canada’s fiscal roadmap. Canada’s cannabis license holders applaud Budget 2022. They write by way of introduction. Progress on both fronts! Growth-oriented cannabis strategy table.
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. Read more about these developments below. Human Food Manufacturer.
This 2022 Whitney Economics U.S. It is intended to inform serious investors, regulators, business operators and policy makers in the cannabis industry. Beware they are changing $US5K for it!!!!! Cannabis Supply Report is a uniquely granular presentation and assessment of the state of the U.S. cannabis supply.
Connecticut’s recreational cannabis market is gearing up for its expected launch in spring of 2022, MJBizDaily reports. Kaitlyn Krasselt, communications director for the Connecticut Department of Consumer Protection, said regulators are considering “the harm done by the war on drugs” in their policy decisions.
Meet other sustainable businesses, hear about our new program, and get some questions answered at our in person and virtual application “clinic”! Come see us online or in person at the Denver Museum of Nature and Science, February 24, 2022, 9 a.m. There are lots of reasons to join the Colorado Green Business Network.
During this webinar, we will discuss employment and benefits issues that employers in the cannabis industry face as they form and grow their businesses. We will also discuss employment law best practices, focusing upon wage and hour compliance, COVID safety, workplace policy, and unionization. Thursday, February 17, 2022.
The claimant, a licensed occupational therapist, tested positive for marijuana after submitting to a random drug test under the employer’s drug and alcohol testing policy. The Board found, and the court agreed, that the claimant was entitled to benefits because the employer did not prove the claimant violated any company policy.
The Board approved a Preproposal Statement of Inquiry ( CR 101) to consider creating new, amending, or repealing existing rule sections as necessary to update advertising requirements for licensed cannabis businesses. CR 101 filed as WSR 22-18-057 on August 31, 2022. CR 101 filed as WSR 22-18-058 on August 31, 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.
A Flurry of Cannabis M&A Activity in 2022. That is the best way to describe the pace of the cannabis industry in 2022. Incannex was one of the first ASX-listed companies to make forays into cannabinoid and psychedelic therapeutic drugs (it was originally a direct-to-consumer dental business, which disrupted the dental space).
A recent Quest Diagnostics Drug Testing Index Analysis revealed that positive post-accident drug tests of workers reached an all-time high in 2022. However, from 2012 to 2022, post-accident cannabis positivity rose by 204.2%. of workers’ urine samples contained marijuana in 2022, compared to 6.7% Based on the report, 7.3%
State legislators in 2021 enacted over 50 laws liberalizing marijuana policies in more than 25 states, according to a report issued today by the National Organization of the Reform of Marijuana Laws (NORML). These policies are popular among voters, regardless of political party.”. The law will take effect in January 2022.
Maryland state lawmakers announced last week that the legislature will turn to the voters on the issue of cannabis policy reform by placing a marijuana legalization measure on the statewide ballot next year. The post Maryland Lawmakers Plan Cannabis Legalization Measure for 2022 Election appeared first on SpeedWeed.
Every year, employers find themselves revisiting their marijuana and drug testing policies to account for newly enacted laws at the state and local level. Although provisions relating to possession are effective now, the employment-related provisions are not effective until July 1, 2022. Now is no different. Connecticut. Philadelphia.
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.
The cannabis tax reform trailer bill will: Indefinitely suspend the cannabis cultivation tax effective July 1, 2022. Create new tax credits for equity licensees and some cannabis businesses with stronger labor standards. Strengthen labor peace requirements. Thank you, Nicole Elliott.
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