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Canada: Ottawa has lost control of veterans’ medical cannabis program, audit finds

Cannabis Law Report

Ottawa has lost control of veterans’ medical marijuana program, audit finds. Audit of Health Care Benefits – Cannabis For Medical Purposes. April 2022. Collection of data and trends to inform policy. And that number is expected to grow to $200 million this year and $300 million by 2025-26. Read full report.

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A Look Back at California Cannabis in 2022

Canna Law Blog

The year 2022 was a busy one for the California cannabis industry, with everything from tax reform to the beginning of enforcement. In this post, I’ll go back through some of the highlight’s for California’s cannabis industry last year. California overhauled its cannabis taxes.

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Applications open for Minnesota’s Industrial Hemp Program

Cannabis Law Report

9—Online applications are now open for anyone wishing to grow or process hemp in Minnesota in 2022. Applications must be submitted by April 30, 2022, and a license is good for the 2022 calendar year. There are several changes to the 2022 program. The application can be found on the MDA website at www.mda.state.mn.us/industrialhemp.

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Alert: Governor Gavin Newsom signs legislation implementing the 2022-23 state budget, including trailer bill focusing on measures to bring tax relief to the cannabis industry

Cannabis Law Report

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. Strengthen labor peace requirements. Thank you, Nicole Elliott.

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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

Legalizing cannabis for adults has been a wise investment. Since 2014 when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. billion in tax revenue from legal, adult-use cannabis sales. Here’s what they say.

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Tax Practitioners’ Meeting includes Section 280E cannabis deduction

Illinois News Joint

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.

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Alabama’s Medical Cannabis Program Could Be Delayed

SpeedWeed

a vertically integrated, multi-state cannabis operator, announced that it has completed its previously announced acquisition of Franklin Bioscience OH, LLC, a licensed medical cannabis processor in Ohio. Jushi’s objective is for our brands and product offerings to not only meet but exceed cannabis consumers’ expectations.