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Arkansas Has Newly Proposed 2022 Ballot Initiatives for Cannabis Reform

Veriheal

The fight to legalize cannabis in Arkansas has gained more gusto than ever before with a new group of activists lobbying to get a reform initiative featured on the state’s 2022 ballot. The group must gather 89,101 signatures by June 2022. Filed on Thursday, Nov. ” However, specific details have not yet been released.

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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. A few things happened in 2022 that indicate the agencies may be changing their approach. Under state law, CDTFA collected both a cultivation tax and an excise tax.

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Ohio Cannabis Activists Get Nod to Collect Petition Signatures |

SpeedWeed

Cannabis reform activists in Ohio can now circulate petitions for a cannabis legalization measure after receiving permission to begin collecting signatures to place the proposal before lawmakers. If the group collects at least 132,887 valid signatures, the proposal will head to the Ohio General Assembly for consideration by the legislature.

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Gov. Newsom’s Budget Trailer Bill Makes Significant Reforms to California Cannabis Laws, Including Elimination of the Cannabis Cultivation Tax

Cannabis Law Report

California Cannabis Cultivation Tax Eliminated. The budget trailer bill eliminated the cannabis cultivation tax beginning July 1, 2022. The harvested cannabis was first sold or transferred by a cultivator to a distributor on or after July 1, 2022. California Cannabis Excise Tax Capped at 15% for Three Years.

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2022 Promises To Be A Big Year For Cannabis Laws In Ohio

Cannabis Law Report

11 January 2022. If 2021 was the appetizer, expect 2022 to be the main course for cannabis laws in Ohio. Three separate efforts were launched in 2021 to expand upon Ohio’s existing medical marijuana program. Existing licensed cultivators and dispensaries would eventually be issued adult-use dispensary licenses.

Law 59
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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. Allow eligible equity retailers to keep a percentage of the excise tax they collect.

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Tax Practitioners’ Meeting includes Section 280E cannabis deduction

Illinois News Joint

The new law allows for the uncoupling for “state tax deductions” for any cannabis establishment operating in this State and licensed under the Cannabis Regulation and Tax Act or any cannabis cultivation center or medical cannabis dispensing organization operating in this State and licensed under the Compassionate Use of Medical Cannabis Program Act.