The Blunt Truth

DECEMBER 15, 2021

Effective January 1, 2022, most Philadelphia employers will be prohibited from requiring prospective employees to undergo testing for the presence of marijuana as a condition of employment. Notably, recreational marijuana laws passed recently in New Jersey and New York arguably prohibit pre-employment testing for the drug in most cases.

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Cannabis Law Report

OCTOBER 14, 2022

million in excise taxes in fiscal year 2022 (July 2021 to June 2022), according to an analysis provided by The Urban-Brookings Tax Policy Center. Regulators in California collected the largest amount of excise tax revenue ($774 million) while regulators in Alaska collected the least ($30 million). In the two […].

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Cannabis Law Report

APRIL 17, 2022

Karma Koala Podcast Episode 73 18 April 2022. Tyme Ferris and Tom Kupiec Co-Founders Pantheon Collective. REGULAR SEGMENT “420 LAW” JUNE MCLAUGHLIN Irvine Valley College Professor. INTERVIEW 1. BRYAN WOOD. Bumpin’ Uglies – Make It Through The Day. Supplementary Information: [link]. INTERVIEW 2.

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NewsMunchies

MAY 8, 2023

During a Q&A following my lecture, several jurists used a collective label for cocaine, heroin, and cannabis … that word being “drugs.” Florida’s medical marijuana law, passed in 2016, allows a qualified physician to authorize medical marijuana for patients for a variety of physical and mental conditions.

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Cannabis Law Report

JUNE 14, 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.

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The Blunt Truth

MAY 6, 2022

Regular readers will doubtless recall that we left proponents prepared to collect additional signatures to put legalization on the ballot after it appeared that the legislature would not take up the issue. This is probably the closest the law has come to getting passed, but it’s still a long way from the finish line. and finally.

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Cannabis Law Report

JULY 11, 2022

Gavin Newsom signed budget trailer bill Assembly Bill 195 (AB-195) into law. AB-195 contains several significant reforms to California’s cannabis laws. The budget trailer bill eliminated the cannabis cultivation tax beginning July 1, 2022. California Cannabis Cultivation Tax Eliminated. Read the CDTFA announcement.

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Cannabis Law Report

JULY 14, 2021

PUBLISHER: CANNABIS LAW REPORT. Market Forecast Up to $30B in 2022. forecast for 2022 has surpassed $30B , strongly driven by the recent legalization of recreational cannabis in multiple states including Connecticut and New York. market growth will not slow in the near future, with a higher YoY growth rate expected in 2022.

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SpeedWeed

JULY 18, 2021

Marijuana Moment reports that a group called Decriminalize California has submitted a petition to the California attorney general’s office for a 2022 ballot measure that would make California the first state to legalize magic mushrooms. . View original article.

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Cannabis Law Report

SEPTEMBER 20, 2021

t’s been a while since I provided an update on the state of California psychedelics law, but there have been a few important updates in the last few weeks, so it’s now that time. Psychedelics are also illegal under California law. Generally, these only tell local law enforcement to make enforcement of local laws a low priority.

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Cannabis Law Report

AUGUST 15, 2022

Q2 2022 Systemwide Pro Forma Revenue of $34.5 million, an increase of 6% from Q1 2022 Q2 2022 Adjusted EBITDA of $9.2 million, an increase of 2% from Q1 2022. Conference call to be held today, August 15, 2022 at 5:00 p.m. August 15, 2022 – 4Front Ventures Corp. Q2 2022 Highlights. PHOENIX, Ariz.,

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Cannabis Law Report

JANUARY 12, 2022

A new law in Philadelphia that keeps employers from making people take pre-hire cannabis tests goes into effect starting in January 2022. It’s an important law with nationwide ramifications as both employers and employees seek more clarity on drug testing and marijuana use. The New Law Has Important Exemptions.

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Cannabis Law Report

JANUARY 9, 2022

Eighteen states have laws that legalize, tax, and regulate cannabis for adults 21 and older (the 2020 voter-approved adult-use legalization law in South Dakota was overturned by the state’s Supreme Court in November 2021). local sales tax on adult-use cannabis and has collected $237.5 million as of November 2021. 46,104,922.

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SpeedWeed

AUGUST 26, 2021

Kind Idaho Chair Jackee Winters is laser-focused on qualifying the group’s medical cannabis legalization initiative for the state’s 2022 ballot in order to help her daughter, who suffers from a brain tumor, get legal access to cannabis. 23 that the new law is unconstitutional, according to an Idaho Statesman report.

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Cannabis Law Report

SEPTEMBER 10, 2022

Blomberg write… Exclusive documents obtained by Bloomberg under New Jersey’s Open Public Records Act show that the state cannabis regulatory commission issued citations to seven companies from January 2020 through mid-April 2022, when marijuana sales broadened from medical to recreational. There were a total of 54 alleged violations.

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Illinois News Joint

DECEMBER 4, 2023

again kept Illinois’ 2023 sales total on track to eclipse the 2022 yearly total of $1,552,324,820.37. million, Illinois will surpass 2022 yearly total to set another record-breaking year. For comparison, December 2022 totals reached $143,899,826.30. 2022 total monthly sales include: January: $117,251,759.72

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The Blunt Truth

JANUARY 5, 2022

Every year, employers find themselves revisiting their marijuana and drug testing policies to account for newly enacted laws at the state and local level. Although provisions relating to possession are effective now, the employment-related provisions are not effective until July 1, 2022. Now is no different. Connecticut. New Mexico.

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Cannabis Law Report

JUNE 7, 2022

The Company expects revenues for the second quarter of 2022 to grow by 40% over Empire’s second quarter 2021 revenues and to generate positive cashflows from operations for the six months ending June 30, 2022. Further, the Company expects to generate positive cashflows from operating activities for the six months ending June 30, 2022.

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Cannabis Law Report

MARCH 23, 2022

An Oklahoma bill proposes giving medical cannabis excise tax dollars derived from licensed businesses to law enforcement officials to help oversee inspections of those licensed businesses. Oklahoma-2022-HB3530-Comm_Sub. Specifically, the $5 million in annual funding to law enforcement under H.B. The measure, sponsored by Rep.

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Cannabis Law Report

AUGUST 17, 2022

Drug Enforcement and Policy Center, August, 2022. 21 Pages Posted: 12 Aug 2022. Moritz College of Law. Date Written: August 11, 2022. As a condition of safe harbor, require financial institutions to demonstrate compliance with anti-discrimination laws such as the Equal Credit Opportunity Act. Cat Packer.

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Cannabis Law Report

JULY 1, 2022

The cannabis tax reform trailer bill will: Indefinitely suspend the cannabis cultivation tax effective July 1, 2022. Move cannabis excise-tax collection and remittance to retail in 2023, establishing one point of collection and remittance and greatly simplifying tax requirements for the entire cannabis supply chain.

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Cannabis Law Report

JANUARY 14, 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. HB 1667 -? percent THC on a dry weight basis; and.

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Cannabis Law Report

MARCH 10, 2022

10 March 2022. Ward and Smith’s Hemp and Cannabis Law attorneys recently attended the fifth annual Industrial Hemp Summit. North Carolina is one of the few states and Indian tribes to transition into a USDA-controlled hemp production program , with that transition taking effect on January 1, 2022. by Erica B.

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Hemp Research and Development Supply Chain Data 52

Illinois News Joint

DECEMBER 1, 2023

The new Section 280E tax law amendment was included in the State’s budge, HB3817 , which passed June 7. When the new law becomes effective for tax years beginning on or after Jan. In 2022, Illinois took in $450,463,952. Along with Section 280E, the PowerPoint presentation highlighted an “Illinois’ Cannabis Tax Receipts” page.

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Canna Law Blog

JULY 20, 2022

As of July 1, 2022, there is no more cultivation tax. Arguably, all it really does is move the tax headache and collection burden around between licensees. On July 7, 2022, CDTFA published the following PSA for all California cannabis licensees: Cultivation Tax No Longer Applies.

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Illinois News Joint

APRIL 17, 2024

2022 total monthly sales include: January: $117,251,759.72 These figures do not include taxes collected. 2022 total monthly sales include: January: $117,251,759.72 These figures do not include taxes collected. In March, out-of-state resident sales totals reached $34,413,857.54. February: $135,571,931.44 May: $44,317,385.72

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Illinois News Joint

MARCH 4, 2023

Medical cannabis sales for 2023 started well below the 2022 and 2021 monthly totals. In January 2023, Illinois collected $27,621,022.42 and in February 2023 Illinois collected $26,652,042.97. In contrast, January and February 2022 totals reached $29,686,123.47 Monthly Totals for 2022: January: $29,686,123.47

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Cannabis Law Report

JULY 16, 2021

forecast for 2022 has surpassed $30B , strongly driven by the recent legalization of recreational cannabis in multiple states including Connecticut and New York. market growth will not slow in the near future, with a higher YoY growth rate expected in 2022. between 2020 and 2022 from 57.5% In Canada , Flower share drops 6.5%

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Illinois News Joint

JANUARY 10, 2024

2022 total monthly sales include: January: $117,251,759.72 These figures do not include taxes collected. 2022 total monthly sales include: January: $117,251,759.72 These figures do not include taxes collected. December out-of-state resident sales finished at $36,030,079.11. February: $120,488,569.91 March: $134,790,381.77

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The Blunt Truth

AUGUST 5, 2021

Several states may have ballot initiatives in 2022. Louisiana’s decriminalization law went into effect this week. Several states seek to join the list of adult-legal jurisdictions via 2022 ballot initiatives. Idaho supporters can start collecting signatures. The law went into effect on Sunday, and the bill’s sponsor, Rep.

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Decriminalization Collective Hemp Legalization 116

Cannabis Law Report

MARCH 24, 2022

23 March 2022. Law 360 (sub. Advocates said the bill contradicts federal law, which currently allows hemp products to be sold with 0.3% State and federal law determine hemp is legal so long as it contains less than 0.3% Kelley Drye & Warren LLP. bill places hemp stores, farmers at risk of losing business. Delta 9 THC.

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Hemp CBD Legalization Research and Development 52

Cannabis Law Report

APRIL 9, 2022

Featuring a Panel of Compliance Experts: Ian Stewart is founder and co-chair of the cannabis law practice at Wilson Elser, where he leads a national multi-disciplinary team of lawyers who serve all aspects of the cannabis and hemp industries, as well as financial institutions and insurance companies that service those industries.

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The Blunt Truth

JULY 5, 2023

Starting August 1, 2023, Minnesota will provide protections to individuals who use cannabis for recreational purposes, after Minnesota Governor Tim Walz signed a state law allowing adults 21 and older to use recreational cannabis. The new law amends the state’s Consumable Products Act to protect off-duty cannabis use.

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Illinois News Joint

AUGUST 3, 2023

Since legalization, July 2023 sales totals only trail December 2022 totals of $143,899,826.30. In-state resident sales totaled $104,256,118.22, outperforming December 2022 totals of $102,460,209.38. 2022 total monthly sales include: January: $117,251,759.72 These figures do not include taxes collected. May: $132,777,299.46

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Illinois News Joint

APRIL 5, 2023

The March 2023 totals received a significant bounce from previous months and March 2022 totals. and almost $4 million more than March 2022 totals of $130,960,120.66. but was still less than March 2022 totals of $40,568,767.43. 2022 total monthly sales include: January: $117,251,759.72 was more than $14.3 May: $44,317,385.72

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Illinois News Joint

NOVEMBER 2, 2023

kept Illinois’ monthly sales totals on track in 2023 to eclipse the 2022 yearly totals of $1,552,324,820.37. 2022 total monthly sales include: January: $117,251,759.72 These figures do not include taxes collected. 2022 total monthly sales include: January: $117,251,759.72 These figures do not include taxes collected.

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Cannabis Law Report

JUNE 20, 2019

Additionally, on June 18, 2019, the Governor signed into law an emergency bill increasing the amount of marijuana and marijuana products that a caregiver may wholesale to other caregivers and dispensaries from 30% of annual yield to 75% of annual yield.

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