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Devitt expresses serious safety concerns. “Each ingredient has a well-documented safety profile at the included doses.” ” Tiffany Devitt’s response: As Cheech & Chong are well aware, businesses are subject to federal and state laws. Such was the case with vape carts hawked by Cookies.
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.
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),
February 2022. The CDC recently issued guidance to businesses developing marijuana policies, balancing state legalization efforts and fleet safety. In this month’s issue. Michael Sassano: GMP Article No 9: Bringing New Products to GMP Facility. Luckily, … Read More. Per the CDC, … Read More.
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).
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. 2022 brings four significant deadlines for California cannabis license applicants. Trade Samples.
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
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%
Cannabis may be on the 2022 ballot in Nebraska. Changes include new regulations regarding product samples, a change to the definition of cannabis business owners in the state and a loosening of rules around the sale of branded merchandise. Could cannabis be on the 2022 ballot in Nebraska? California proposes new marijuana rules.
8, 2022 at 10 am. 8, 2022, starting at 10 am. The advisory committee is tasked with advising DCC on the development of relevant standards and regulations for commercial cannabis businesses, including those necessary to protect public health and safety. Cannabis Advisory Committee meeting . When : Sept.
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.
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.
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. Justice, public order, and safety. Construction. Transportation or delivery. Healthcare or social services. Educational Services.
Health and Safety Advisory: DJR Colorado, LLC (DBA High Level Health). February 2, 2022 ? The CDPHE and DOR deem it a threat to public health and safety when marijuana is found to have Total Yeast and Mold levels above the acceptable limits established in Colorado Marijuana Rule 4?115.
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.
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.
In the commercial realm, cyber coverage is expected to rise 30% or more, as cyber risks explode and more businesses seek coverage. Cannabis Property-Casualty coverage is also expected to increase by at least 10% – although businesses in catastrophe-prone areas may see increases of 20% and up. Looking Toward 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.”.
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 — .
June 15, 2022. The alleged violations involve “pervasive irregularities” that prevented regulators from evaluating whether products from the licensees’ cultivation facilities were properly tested for quality and safety, security camera outages that were not reported to regulators, and improper use of pesticides on their products.
During the meeting, McDaniel announced that the state’s cannabis businesses will begin serving customers no later than Oct. An August announcement from the Office of Cannabis Management (OCM) indicated that seven of the first 150 recreational stores will be earmarked for business owners in the Capital Region.
Meanwhile, in New Hampshire , the House is busy with a legalization bill, and the governor seems less opposed than he has been in the past. Based on that, you might think the Food and Drug Administration regulates them, to ensure safety and efficacy. CBD products sit on store shelves pretty much everywhere. But, you’d be wrong.
The work group will examine aspects of marijuana legalization including the rules for possessing and purchasing legal cannabis, licensing and oversight of cannabis businesses, taxes assessed on the industry and the number of cannabis business licenses issued by the state. View original article.
Advocates of allowing the banking industry to serve cannabis businesses have seen many opportunities to enact legislation come and go. The CBD Product Safety and Standardization Act of 2021 would mandate that the Food and Drug Administration regulate CBD as a food ingredient and establish labeling requirements and other standards.
As a seasoned SaaS executive with experience scaling other hypergrowth technology businesses, Michael brings a wealth of expertise to Metrc and will be instrumental to enhancing our business practices, working with our investors, and overseeing our financial operations.”. track-and-trace technology providers.
A new law in Philadelphia that keeps employers from making people take pre-hire cannabis tests goes into effect starting in January 2022. Jobs where an employee can significantly impact the health or safety of other employees or members of the public. Pennsylvania currently allows medical marijuana for certain conditions.
The cannabis tax reform trailer bill will: Indefinitely suspend the cannabis cultivation tax effective July 1, 2022. 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.
Here’s a breakdown of seven federal bills on the docket – plus one state measure – and a look at why they’re important to hemp farmers and business owners. CBD Product Safety and Standardization Act of 2021. Hemp Access and Consumer Safety Act. representatives, including Reps. “CBD Hemp champion Sen. States Reform Act.
15, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Medical Marijuana, Inc. (OTC: According to Business Insider Africa, Africa’s cannabis industry is projected to grow beyond a $7 billion valuation by 2023. SAN DIEGO, CA, Feb. from 2020 to 2027. from 2020 to 2027. CEO Blake Schroeder. About Medical Marijuana, Inc.
The proposed rules require that “all production activities are done on premises that are in compliance with state and local laws, including but not limited to zoning, occupancy, licensing, fire safety, food safety, worker protection and building codes.”
Columbia Care, Charlotte’s Web and 10 other US companies provided around $1m for a trial which started last summer – and now appears to have answered the CBD safety question. Charlotte’s Web is committed to safety studies to support regulators and confident consumer access to hemp-derived dietary supplements.”. Data To Be Used In UK .
It is anticipated that the proposed regulations will become effective in fall 2022, if approved. All comments must be received by April 19, 2022, at 5 p.m. DCC works closely with all stakeholders, including businesses and local jurisdictions, to create a sustainable legal cannabis industry and a safe and equitable marketplace.
Using data compiled by DCC staff in February 2022 and working closely with the California Office of Digital Innovation, the map shows that only 44 percent of cities and counties allow the licensing of at least one cannabis business type, while 56 percent of cities and counties prohibit the licensing of all cannabis business types.
This legislation will improve public safety, protect small businesses, and finally achieve action on cannabis reform. In both 2020 and 2022, the campaign went down to defeat. Senate Majority Leader Chuck Schumer (D-NY) has indicated he’s interested in a floor vote sooner rather than later.
Jul 08, 2022. CALIFORNIA – Delivering on calls to strengthen uniformity in cannabis laboratory testing procedures, the Department of Cannabis Control (DCC) is proposing standards to lab testing methods across the state and is accepting public comments until August 2, 2022. 1, 2022, from 9 a.m.
Numerous states in 2021 also enacted legislation expanding medical cannabis access and stimulating greater diversity among licensed marijuana businesses. “As Public and political support for these legislative changes in marijuana laws will continue growing in 2022 and beyond. The law will take effect in January 2022. California.
On November 8th, 2022, Maryland passed a new law legalizing recreational cannabis use for adults 21 and older, opening up a whole new industry for the state. Additionally, everything will be tracked from seed to sale as it is now, ensuring that consumers can have confidence in the quality and safety of the product they are buying.
07/07/2022. Client and product safety: packaging, labeling, dosage, duration and frequency. The listening sessions will be recorded, and the audio will be posted on our webpage within 2 business days after the sessions. Psilocybin Services Listening Sessions – July 13-15. Friday, July 15, 10:00 p.m. – Pacific Time).
Although provisions relating to possession are effective now, the employment-related provisions are not effective until July 1, 2022. Many states are considering enacting new or amending existing laws to provide employment protections to marijuana users, which could result in 2022 also being another busy year in this area.
The policy did not prohibit the use of legal drugs, but did require employees to advise the employer if such use would “pose[] a significant risk of substantial harm to the health or safety of the individual or to others” or “render[] the Employee unable to perform the essential functions of the job.”
NEW YORK–(BUSINESS WIRE)– The Knot , a leading wedding planning resource, offers a look ahead at 2022 wedding trends in its Annual Wedding Trend report, revealing couples are intentional with every detail. The biggest wedding trend of 2022 will be a reflection of couples’ values,” said Esther Lee, The Knot Senior Editor.
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. Conditional license applications are prioritized over annual license applications to prioritize small business ownership.
Cannabis businesses that are ill-prepared for these regulatory requirements risk facing litigation, enforcement actions, fines or penalties, and negative publicity, while those taking a proactive approach to compliance may find opportunities to mitigate and even monetize those risks. Waste Management Issues. Energy Use. ESG Considerations.
–(BUSINESS WIRE)–Cannabis entrepreneurs affected by the War on Drugs can have their license or renewal fee waived, following the approval of emergency regulations issued by the Department of Cannabis Control (DCC). Emergency regulations for the equity license fee waiver program were approved today. SACRAMENTO, Calif.–(BUSINESS
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