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McGuire Woods: In the Weeds: New Laws for 2022, Kansas Weighs Delta-8, Maine Appeals Dispensary Ruling, Nevada Approves Lounges

Cannabis Law Report

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 state law updates to look forward to this year. 1, Montana permits retail marijuana sales for adults 21 and older. McGuireWoods LLP.

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Cannabis Laws & the Southern States

Cannabis Law Report

The changes in the cannabis industry in Southeastern United States represent some of the most surprising and remarkable changes in the history of the industry. By way of quick background, here are a few of the Southern states who have implemented cannabis legislation. Hunter Robinson. Whitt Steineker. Slates Veazey.

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Grown Rogue Provides Michigan Update

Cannabis Law Report

An additional 25,000 sq ft is expected to be operational by June of 2022 increasing annual yields to over 8,000lbs. Grown Rogue’s products are currently only available in approximately 10% of dispensaries in Michigan and the Company is actively expanding the sales team as production capacity increases to establish more market share.

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Grown Rogue Reports Fourth Quarter 2021 Results, 30% aEBITDA1 Margin and 24% Sequential Revenue Growth

Cannabis Law Report

Grown Rogue” or the “Company”) (CSE: GRIN) (OTC: GRUSF), a multi-state cannabis company with operations and assets in Oregon and Michigan, reports unaudited fourth quarter results. We are excited to enter 2022 where we expect to continue building our low-cost, high-quality flower business and launch some new products into our markets.”.

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Grown Rogue Reports Record Q3 2021 Results, 73% Gross Margin and 55% aEBITDA1 Margin in Michigan

Cannabis Law Report

Q3 2021 Sales Revenue of $3.03M versus $1.37M in Q2 2021, an increase of 121%. We believe our costs per pound will continue to move lower with additional economies of scale and expect to continue the trend of cost improvements in fiscal Q4 and in fiscal 2022.”. Highlights by State. Oregon Operations.

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IRC § 280E is a Target for Cannabis Legal Reform in 2023

Canna Law Blog

She started with the States Reform Act (which has gone nowhere), but is now looking at the biggest issue for the industry next to banking: federal cannabis income taxes. After many attempts to get the SAFE Banking Ac t through Congress, I can say that the industry feels a little defeated on the federal front. Even if Rep.