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A new study from an industry advocacy group in California examines the content of dozens of unregulated intoxicating “hemp” products that are easily available in the Golden State despite being banned by statelaw. The study, entitled The Great Hemp Hoax , was released Feb. Theres no ambiguity or loophole.
The Pennsylvania cannabis market is highly coveted among cannabis business license-holders. While Keystone State’s Medical Marijuana Program is booming with over 400 thousand active medical cannabis patients—Pennsylvania is primed to expand into an explosive adult-use market serving approximately 8.8 1,779 approved practitioners.
On January 1, 2022, two new statelaws will become effective in Illinois and Oregon and could cause significant disruption to the vapor industry. We provide background on the legislation and discuss the potential implications for the sales of vapor products in the respective states. Johnson on December 28, 2021.
A 10% tax on marijuana sales would go to funding jobs, addiction treatment and community support for areas with marijuana businesses. Ohio’s medical marijuana businesses, several of which are backing the plan, could automatically get recreational marijuana licenses. Read more at [link].
Thompson Coburn LLP has released its latest state-by-state ranking of state cannabis regulations. 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.
in September 2022. This rapid price compression puts tremendous pressure on many marijuana businesses as they face greater competition with ever-slimming margins. However, the doors to the bankruptcy courts are currently closed to marijuana businesses because marijuana is still illegal at the federal level.
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. Industrial Hemp Inhalable Authorization (*Out of state sales only).
Monday, January 31, 2022. We have written many times over the past few years about how the bankruptcy courts are off-limits to state-legalized cannabis businesses. Department of Justice has declined to enforce the CSA’s prohibition on the sale of marijuana when the marijuana is bought or sold in accordance with statelaw.
Hit hard by both the pandemic and the wildfires, cannabis businesses have so far been deemed ineligible for federal aid. The Small Business Disaster Relief Equity Act seeks to change that. The state initially filed charges against the owners of DJ’s Vapes after a 2017 raid, and refiled them twice in 2018. cannabanking.
“The House will pass legislation early next year to put this question before the voters but we need to start looking at changes needed to Statelaw now.”. This work group will establish the legal frameworks [necessary] to fully implement legalization of marijuana and learn from the mistakes that other states have made before us.
23 March 2022. bill places hemp stores, farmers at risk of losing business. businesses from crashing. Advocates said the bill contradicts federal law, which currently allows hemp products to be sold with 0.3% The suit claims the DA interpreted “hemp” and “hemp products” incorrectly under statelaw.
United States v. On January 26, 2022, the First Circuit Court of Appeals affirmed a judgment of the district court from the District of Maine in United States v. Partner, Cannabis, Intellectual Property and Corporate Business Attorney. Bilodeau, No. 19-2292 (1st Cir. Jay Kotzker.
June 15, 2022. In addition, the licensees must execute a management agreement with a third-party operator to manage and operate the remaining facilities that the department will continue to permit in compliance with statelaw. The CDTFA plans to escalate tax enforcement against legal cannabis businesses. SOURCE: [link].
On February 15, 2022, the Michigan House Committee on Regulatory Reform considered HB 5706. HB 5706 creates a pathway for state-licensed and tribally licensed establishments to purchase from and sell to one another. Generally speaking, tribes regulate and operate their businesses free from state regulation.
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. Below is a list of statelaw updates to look forward to this year. Royce DuBiner , Katherine Gruner , Kate Hardey , Monique Peña , Rebecca Rieckhoff , Janice Suchyta.
Although provisions relating to possession are effective now, the employment-related provisions are not effective until July 1, 2022. There are numerous positions and industries exempt from the law. And of course, employers still must be mindful of the statelaw protections currently available to medical marijuana users.
Over the past several months, state officials have vacated an estimated 2.2 Numerous states in 2021 also enacted legislation expanding medical cannabis access and stimulating greater diversity among licensed marijuana businesses. “As The law took effect August 1, 2021. The law will take effect in January 2022.
As bankruptcy is only available under federal law, this dichotomy between state and federal law can result in actions that potentially preclude businesses and individuals from accessing the protections afforded under the U.S. Businesses can utilize Chapter 11 to complete a reorganization or a liquidation.
Last week, the New York Legislature passed the State’s2022-2023 Budget. A couple of months earlier, the House passed a bill that would allow banks to offer various financial services to cannabis businesses. The 2023 Budget. It is also $4 billion more than what the Governor had initially proposed.
Less than a month after Governor Andrew Cuomo signed New York’s long-awaited adult-use cannabis bill into law, several indigenous tribal nations are announcing their own plans to get in on the game. The post New York’s Native Americans Are Ready to Enter the Legal Weed Business appeared first on SpeedWeed.
To ensure Calma remains a staple in West Hollywood , the Calma founders will remain involved with operations of the business. The transfer of the remaining 15% equity of Calma is expected to occur in 2022. federal law, nor will it provide a defense to any federal proceeding which may be brought against the Company.
Peter McDonough, CEO, commented, “Trait is focused on developing technology that provides our business partners with a superior extract to nano-emulsion solutions that are actively used throughout the industry today. Investors in cannabis may be subject to law enforcement actions.
Today, I intro’d the #StatesReformAct a turnkey federal tax and regulate framework for existing statelaws. SC has CBD, FL medical, CA adult-use; this bill allows these differences while protecting kids, vets, businesses and those w serious illness. Here’s her twitter post. WATCH [link] pic.twitter.com/maZLxlVa1Z.
“My client is certainly encouraged and appreciative of the District Court’s order, which recognizes neither the Department of Health or Regulation and Licensing Department can take rights away from medical cannabis patients that they have under statelaw,” said Barker’s attorney, Jacob Candelaria, who also serves as a senator for New Mexico.
Although medical cannabis program was signed into law last year, it has yet to be fully implemented. Although medical cannabis program was signed into law last year, it has yet to be fully implemented. The AMCC anticipates that applicants may submit licenses to grow and/or manufacture medical cannabis on September 1, 2022.
Massachusetts municipalities have collected more than $53 million in “impact” fees from cannabis companies since the launch of adult-use sales in 2018, according to a Northeaster University study published by the Massachusetts Cannabis Business Association outlined in a Boston Globe report. The Franklin Observer writes.
The Michigan Cannabis Manufacturers Association, the trade group leading the crackdown efforts, formed in 2019 to “operate exclusively for the promotion of the cannabis manufacturers by promoting the common business interests and general welfare of the industry,” according to articles of incorporation filed with state records.
LaBruyere on June 6, 2022. POSTED IN MEDICAL MARIJUANA , NORTH CAROLINA , STATELAW DEVELOPMENTS. The vote, which took place on June 2, 2022, puts the state one step closer to joining the 37 other states (plus D.C.) By Rachel M. The North Carolina Senate has voted 35-10 to legalize medical marijuana.
Connecticu t’s legalization efforts looked all but certain to fail at the beginning of the week, but now it’s headed to the governor’s desk to be signed into law. Sales could begin in May 2022. Designated public consumption facilities are permitted under the law in municipalities with 50,000 residents or more.
–(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
Starting Monday, January 31, 2022, the public may weigh in on possible changes to the Cannabis Control Commission (Commission)’s list of 29 Massachusetts municipalities – including certain census tracts – deemed Disproportionately Impacted Areas (DIAs). on Friday, March 4, 2022. on Friday, March 4, 2022.
In fact, a well-funded and coordinated effort is underway to not only take those products away from you but also to dismantle the rights weve fought hard to secure under statelaws and limited federal protections. These conversations are playing out in marketplaces, among advocates and cannabis business owners, but not in Washington.
Congress is making another run at providing a safe harbor to the banking industry and companies that provide services to cannabis businesses. On September 21, 2021, the House voted to include the Secure and Fair Enforcement Banking Act of 2021 (SAFE Banking Act) 1 in the annual National Defense Authorization Act for Fiscal Year 2022 (NDAA).
She said then that she would like to see a cannabis legalization referendum on the ballot for the November 2022 election. The House will pass legislation early next year to put this question before the voters, but we need to start looking at changes needed to Statelaw now.”. Ensuring Racial Equity in Legalization.
PITTSBURGH, PA – April 20, 2022 – Leech Tishman and the University of Pittsburgh School of Law (“Pitt Law”) are pleased to announce that Leech Tishman partner Michael H. What we would consider to be ‘mainstream’ businesses have entered this space. ABOUT THE UNIVERSITY OF PITTSBURGH SCHOOL OF LAW.
The rules that take effect today cover the licensing of cannabis producers—the people and businesses that grow and harvest cannabis,” the post read. These rules will need to be finalized by January 2022. “We The rules also detail a plan for addressing further shortages if they persist through December 2022.
Letter from Senate Armed Services Committee Members Urges Committee Leaders to Keep House-Passed Bipartisan Bill Allowing Legal Cannabis Businesses to Access Critical Banking Services in Final Version of NDAA. Rosen Leads Bipartisan Effort to Ensure SAFE Banking Act Included In NDAA. Tuesday, November 23, 2021. WASHINGTON, D.C. –
06/02/2022. Greetings, Oregon Psilocybin Services (OPS) will begin receiving applications for facilitator training program curriculum approval beginning Monday, June 6, 2022 at 9:00am PDT. Under statelaw, career schools must be licensed by the HECC (see ORS 345.010 to 345.450). The Update In Full.
Like many other illicit grows in California, the operators were circumventing statelaws that are designed protect native plants, fish and wildlife. These illicit operators should be put on notice that ignoring statelaws to grow cannabis will not be tolerated.
Berman and Jana Hrdinová write May 11, 2022 . Pittsburgh School of Law, US. Could doctors be punished by federal authorities for recommending marijuana to patients consistent with statelaw? Other issues arose at the intersection of novel drug laws and other statelaws.
05/27/2022. Dear Partners, Oregon Psilocybin Services (OPS) continues to work diligently in anticipation of accepting facilitator training program curriculum applications beginning Monday, June 6, 2022. Under statelaw, career schools must be licensed by the HECC (see ORS 345.010 to 345.450).
In addition, the MORE Act would, among other things, impose a tax on cannabis products and make small business administration loans and services available to legal cannabis businesses and businesses that provide ancillary products and services to the cannabis industry. He can be reached at [email protected]. .
It is expected that New York will transition to a plan under the 2018 Farm Bill in 2022 (as federal authorization to administer plans under the former law will expire on Jan. The regulatory flux in which the hemp derived cannabinoid industry finds itself lands both entrepreneurs and established businesses in uncharted waters.
MIAMI, May 12, 2022 — Ayr Wellness Inc. multi-state cannabis operator, announced that the Massachusetts Cannabis Control Commission (“CCC” or the “Commission”) has granted a final license for the sale of adult-use cannabis at its AYR Back Bay dispensary in Boston. (CSE:
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