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The ban on cannabis sales in DC remains in effect. You can be forgiven for thinking, as we did, that with Congress in Democratic hands, DC’s ban on cannabis sales would be ended. Those with a close family member with a marijuana offense will also get priority, as will nonprofits or businesses with leaders with a conviction.
While the board specified that hemp seed oil (with no CBD or THC) and hemp flower (with 0.3% While the board specified that hemp seed oil (with no CBD or THC) and hemp flower (with 0.3% According to projections from Statista, legal CBD sales in the US will achieve the $1.8 A Threat to a Growing Industry. According to U.S.
The state is in the process of finalizing regulations for these businesses, and licensing is expected to happen after. Whether or not these businesses will open in 2022 remains to be seen. The brand’s seed-to-sale process ensures quality at every step, and the company has a deep commitment to restorative justice.
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.
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.
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. In 2022 the program is set to undergo several changes in response to these challenges.
The AMCC anticipates that applicants may submit licenses to grow and/or manufacture medical cannabis on September 1, 2022. The AMCC anticipates that applicants may submit licenses to grow and/or manufacture medical cannabis on September 1, 2022. has been notably slow to uptake major reforms.
23, 2022 /PRNewswire/ — SafeHerb, a division of Specialty Program Group, LLC, is introducing a new executive protection insurance program for the cannabis and hemp industry as an expansion to their current property and casualty capacity to meet the growing needs of their customers. BRENTWOOD, Tenn. , Aug. About SafeHerb.
The bill goes into effect on Jan 1, 2022, and there will be a lot of companion rulemaking that will come out of the OLCC (so don’t start doing these things just yet). Supporting plant diversity by allowing producers to receive cannabis seeds from any source within Oregon, up to 200 per month. – Kim.
New: Entities: If an entity is an “Owner,” now only the individuals within the entity that “manage, direct, or control the operations of the commercial cannabis business” must be disclosed as “owners.” The approved final Emergency Regulations became effective on September 29. Provisional Licensing Deadlines. Section 15003(b)).
–(BUSINESS WIRE)– Grown Rogue International Inc. (“ Grown Rogue ” or the “ Company ”) (CSE: GRIN) (OTC: GRUSF), a multi-state cannabis company with operations and assets in Oregon and Michigan, today announced record revenues for its Michigan operations, through its partner Golden Harvests, LLC (“ Golden Harvests ”), of over US$0.7M
Pennsylvania seed-to-sale tracker embroiled in lawsuit with key diversity, tech support subcontractor. TreCom, a technology services vendor for multiple contracts with the State of Pennsylvania, was a key component of MJ Freeway’s 2016 seed-to-sale proposal to Pennsylvania regulators. TreCom’s amended complaint.
23 March 2022. bill places hemp stores, farmers at risk of losing business. businesses from crashing. Kathy Hochul (D) opened applications for hemp farmers looking to obtain a license to grow adult-use cannabis in the state through the state’s Seeding Opportunity Initiative. Kelley Drye & Warren LLP.
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.
Draft Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine Concerning the Regulation of the Circulation of Cannabis Plants for Medical, Industrial Purposes, Scientific and Scientific-Technical Activities” February 17, 2022. At first glance this may look like an odd priority in the middle of a war. Forbes write.
On Raw Garden’s website, as of May 2021, the Santa Barbara-based cannabis cultivation business lists “839 strains and counting,” each one an example of the breeding program at the heart of the garden. We spoke with Raw Garden’s product director, Khalid Al-Naser, to learn more about the strategy. 215 space. Courtesy of Raw Garden .
NEW YORK , July 19, 2022 /PRNewswire/ — Data Bridge Market research has recently released expansive research titled “ Global Cannabis Seeds Market ” guarantees you will remain better informed than your competition. According to Data Bridge Market Research, Global Cannabis Seeds Market was valued at USD 1,445.05
Medical cannabis helps millions of patients across the U.S. According to the Marijuana Policy Project , more than 4.3 million Americans have medical cards. That’s almost 2% of eligible persons in states where medical cannabis is legal, as of December. However, access to medical cannabis is not the same across states. average price was $319.04.
March 11th, 2022 by Cecilia Oyediran. During the meeting, the CCB directed the OCM to post for public comment the proposed regulations for the conditional adult-use retail dispensary licenses to businesses run by owners disproportionately impacted by the criminalization of cannabis.
16, 2022 (GLOBE NEWSWIRE) — Metrc , the most trusted and experienced provider of cannabis regulatory systems in the U.S., This marks Metrc’s 23 rd government contract to date and sixth so far in 2022. The State plans to begin accepting licensing applications for businesses on September 1, 2022. “We LAKELAND, Fla.,
Happy 2022! In The Weeds welcomes the new year, as well as a number of new cannabis laws and policies taking effect around the country in 2022. 1, Montana permits retail marijuana sales for adults 21 and older. McGuireWoods LLP. Newsworthy Highlights. Below is a list of state law updates to look forward to this year.
Businesses that are awarded those licenses could operate up to three sites in different counties, according to the Senate bill’s text. Other housekeeping items the commission would be responsible for include overseeing the patient registry, issuing medical cards and outlining regulations from seed to sale. Tim Melson, S.B.
This bill enables New York cannabis farmers to put seeds in the ground, so that the economic benefits of legalizing marijuana are not delayed for another growing season,” Cooney said in a press release. Seeds need to be planted by June 2022, and sources of these seeds need to located even earlier than that.
Since that time, the organization has been conducting business under its new name, Minnesota Cannabis Association. Currently Hemp Acres has 3000 acres under contract for 2021 production and anticipates contracting 10,000 acres in 2022. It’s all cannabis,” said board member Charles Levine.
Native American nations in New York state are eyeing the legal cannabis business, with some reservations already operating dispensaries. The Shinnecock Indian Nation in September voted overwhelmingly to approve two tribal measures that will establish cannabis sales on the reservation. The first licenses are still months away.
The Oneida Indian Nation will oversee the entire business vertical from “seed to sale.”. Oneida Indian Nation Homelands (September 19, 2022) – The Oneida Indian Nation will start construction next month on a full-scale, 50,000-square-foot cannabis cultivation and production facility. Press Release.
A broad coalition of cannabis industry groups came together to work with the OLCC on common sense legislative updates to support business operations and protect public health and safety. Last year Oregon cannabis retail sales hit a record-breaking $1.1 Just in From The Oregon Retailers Of Cannabis Association. This is a great start.”
SC has CBD, FL medical, CA adult-use; this bill allows these differences while protecting kids, vets, businesses and those w serious illness. It would end federal marijuana prohibition while taking specific steps to ensure that businesses in existing state markets can continue to operate unencumbered by changing federal rules.
First-of-Its-Kind Initiative Provides Business Assistance to Justice-Involved New Yorkers Ahead of State Opening Cannabis Retail License Applications. NEW YORK — New York City Mayor Eric Adams and New York City Department of Small Business Services (SBS) Commissioner Kevin D.
June 13, 2022 08:04 ET |. Johannesburg, South Africa, June 13, 2022 (GLOBE NEWSWIRE) — Republic of South Africa Medical Marijuana Dispensaries Acquisitions LLC (“RSAMMDA.LLC”) is pleased to announce it has closed on the acquisition of Protext Mobility, Inc (OTC PINK: TXTM) (A.K.A. Source: RSAMMDA.LLC. RSAMMDA.LLC.
With the enactment of the Marijuana Regulation and Taxation Act (MRTA) in March 2021, New York is poised to become one of the largest cannabis markets in the country; however, licenses required for adult-use cannabis activity are unlikely to be issued until early 2022. What to Know.
Nearly all of the remaining pages are subject to a reenactment in the 2022 legislative session. Thus, all the provisions on licensing, production, distribution, sales, and regulation, to name a few, did not pass into law. In this article, we explain the elements of the bill relating to licensure. REQUIREMENTS FOR MARIJUANA LICENSES.
Posted on June 23rd, 2022 by Cecilia Oyediran. To be eligible to apply for a conditional adult-use processor license, a processor must: Have applied for a cannabinoid hemp processor license before January 1, 2022; Hold an active cannabinoid hemp processor license issued by the OCM; and.
Cannabis Legalisation Bill 2022 , introduced in South Australia’s legislative council on May 18, calls for the strict legalisation and regulation of cannabis. A member of Australia’s Green Party has re-submitted a bill that proposes to legalize and regulate cannabis in South Australia. . The agency would also inspect licence holders.
Cannabis lawyers are heading to Brussels next week to challenge a recent decision by the European Union to reclassify food products containing cannabidiol (CBD) and prohibit their sale. This applies to both the extracts themselves and any products to which they are added as an ingredient (such as hemp seed oil).”. AUTHOR: Mark Taylor.
Irvine, California, June 2022 : ERTH Hemp will rebrand to ERTH Wellness to offer hemp-derived products that are more targeted toward health and wellness. Seed-to-sale product manufacturer ERTH Wellness is one of the few vertically integrated companies in the cannabis business.
Projected growth of European cannabis market (Photo: Business Wire). The annual sales in illicit market cannabis are estimated at around €11 billion 1. As highlighted in The European Cannabis Report: 6 th Edition 1 , it is projected that sales of adult-use cannabis will reach €200 million by 2023, coming close to €800 million in 2025.
BOSTON , May 19, 2022 /PRNewswire/ — Lantern , the leading on-demand cannabis e-commerce marketplace and home delivery platform in the U.S., About Insa Insa is a cannabis brand with a simple mission of being in business to make your day better.
Many states levy a marijuana excise tax in addition to the regular state sales tax. Adult-use retail sales: Purchases are not subject to any statewide cannabis tax, although some municipalities do charge a cannabis excise tax. There is no statewide retail sales tax in Alaska. Local municipalities may impose a local sales tax.
We also speak with Colton Griffin, CEO of Flourish Software , a seed-to-sale software solution for the cannabis and hemp industries. The team’s been really pretty busy bringing in a lot of that kind of data. Press the Play button below to listen to the podcast. ? Cannacurio Podcast Episode 28 Transcript.
A CLR regular reader has kindly sent us through a new lawsuit dated 27 April 2022. Octopus identifies, structures, provides seed capital, and builds alternative asset management business. But first, you may be thinking, Patrick Horsman, who on earth is he and who are integrated CBD? His bio is something to behold.
In my opinion, it seems that MedMen didn’t get the memo, or they’re busy playing golf. . • • • • • • • • • • • • • •. Two Florida medical cannabis licenses are for sale totaling $95 million, the Tampa Bay Times reports. It’s a good state to do business.” – Logan-Holland, to the Miami Herald, via the Times.
A lack of federal regulation allowed for largely unregulated sales of intoxicating, artificially derived cannabinoids online and even to minors. In response, Oregon’s marijuana regulatory agency, the OLCC, promulgated administrative rules to ban the sale of most artificially-derived cannabinoids in Oregon. [2].
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.
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