Cannabis Law Report

FEBRUARY 19, 2022

The AMCC anticipates that applicants may submit licenses to grow and/or manufacture medical cannabis on September 1, 2022. While cannabis legalization moves full steam ahead through much of the Northeast, the southeastern U.S. has been notably slow to uptake major reforms.

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The Cannigma

NOVEMBER 1, 2022

Plans were first announced in 2018 and a draft of the legislation was released to the public in June 2022. Proposed regulations were introduced in 2022. People would also be allowed to purchase cannabis seeds online or in stores, but buying and selling the plant itself is still illegal. Cannabis in Luxembourg. CBD regulations.

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Law Seed-To-Sale Decriminalization Consumption 52

Cannabis Law Report

JANUARY 13, 2022

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. 1, Montana permits retail marijuana sales for adults 21 and older. 1, Philadelphia employers cannot require applicants to be drug-tested for marijuana as a condition of employment.

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Cannabis Law Report

JUNE 22, 2022

The dilutive financing, which was closed on June 15, 2022, was facilitated by Pelorus Equity Group, which specializes in real estate debt financing solutions. I am extremely pleased to close this round of debt financing, especially given the recent distressed capital markets and economic conditions.

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Research and Development Seed-To-Sale Pharmaceutical Retail 52

Veriheal

JANUARY 20, 2021

Medical cannabis helps millions of patients across the U.S. According to the Marijuana Policy Project , more than 4.3 million Americans have medical cards. That’s almost 2% of eligible persons in states where medical cannabis is legal, as of December. However, access to medical cannabis is not the same across states. average price was $319.04.

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Cannabis Law Report

JUNE 13, 2022

Irvine, California, June 2022 : ERTH Hemp will rebrand to ERTH Wellness to offer hemp-derived products that are more targeted toward health and wellness. CBD products have proven to be a successful remedy for conditions like anxiety, insomnia, stress, and muscle pain- whether mental or physical.

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Hemp Seed-To-Sale Tincture Stress Management 52

Cannabis Law Report

SEPTEMBER 16, 2022

The law authorizes doctors to prescribe cannabis for a long list of specific qualifying conditions, as well as any condition the doctor “considers debilitating to an individual patient” that the doctor “is qualified through [their] medical education and training to treat.” Hunter Robinson. Whitt Steineker. Slates Veazey.

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Cannabis Law Report

NOVEMBER 18, 2021

The Transaction is expected to achieve cost synergies through combining activities in supply chain and distribution, research, and product development, as well as cost reductions in sales, general and administrative activities, and general overhead. The Green Organic Dutchman Holdings Ltd. Galaxie’s 26,000 sq. production capabilities.

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Research and Development Seed-To-Sale Supply Chain Events 52

The Cannigma

MAY 3, 2022

As of April 2022 , the Bill was still being revised. You can also cultivate four plants per person and trade bud, plants, and seeds. Getting a medical cannabis card in South Africa is a fairly straight-forward process and qualifying conditions are left to the physician to decide. Penalties for cannabis in South Africa.

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Cannabis Law Report

AUGUST 4, 2021

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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Seed-To-Sale Business Packaging Law 105

PrestoDoctor

OCTOBER 18, 2022

As of October 5th, 2022 the program will allow certified medical marijuana patients and designated caregivers to cultivate (grow) their own plants at home. A certified medical marijuana patient is someone who has received a certification from a New York health care provider to use medical cannabis to treat a health condition.

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Programs Seed-To-Sale Cultivation Patients 52

Project CBD

FEBRUARY 28, 2023

HerbalGram, the acclaimed quarterly journal of the American Botanical Council, recently published its 2021 “Herb Market Report,” which included data on sales of CBD as an herbal ingredient in mainstream and natural retail channels in the United States. E-commerce sales of CBD in the U.S. increase in annual sales.

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Cannabis Law Report

OCTOBER 15, 2021

Xebra’s claim was filed in January 2019 , and the injunction filed includes the right for the importation of seeds, cultivation anywhere in Mexico without limitation on size, harvesting, processing, the creation of cannabis products with less than 1% THC, and the right to sell those products domestically or by export. federally legalizes).

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Cannabis Law Report

FEBRUARY 20, 2022

Nearly a year after the passage of Marijuana Regulation & Taxation Act (MRTA), New York state authorities are only now starting the process of crafting a regulation structure for commercial cultivation, processing and sale. The first licenses are still months away. Impatience is growing among aspiring entrepreneurs.

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Cannabis Law Report

JUNE 23, 2022

The program, which will help develop conditional adult-use cannabis dispensaries for social equity licensees, is a key component of the state’s Seeding Opportunity Initiative—an effort to promote social equity through positioning individuals with prior cannabis-related criminal offenses to make the first adult-use cannabis sales in New York.

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Cannabis Law Report

JANUARY 5, 2022

Our 24% revenue growth vs market headwinds on the west coast (Oregon sales down 7%) validates the strength in our products and our team” said Obie Strickler, CEO of Grown Rogue. 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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Cannabis Law Report

JUNE 3, 2022

02 June 2022. In addition, the President of South Africa mentioned the “huge potential for investment and job creation” offered by the cannabis industry in his state of the nation address in 2022. by Ramon Pereira and Louis Van Der Walt. Adams & Adams.

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Cannabis Law Report

APRIL 6, 2022

Greenlight comes to the medical market with nearly a decade of cannabis experience spanning several states where medical and adult use cannabis sales are already legal. BILLERICA, Mass., About Greenlight. Greenlight’s executive team comes from the wildly successful Acres Cannabis of Las Vegas, Nevada and Eureka of California.

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Cannabis Law Report

NOVEMBER 1, 2021

million of existing shareholder loans of Galaxie, which are non-interest bearing until at least January 31, 2022. The Transaction is scheduled to close on or about November 15, 2021 , and subject to customary closing conditions and covenants. TGOD to acquire Galaxie Brands Corporation. cannabis edible brand. TORONTO , Nov.

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Cannabis Law Report

JUNE 11, 2021

Total upfront consideration was approximately $240 million, comprised of $45 million in cash and $195 million in Columbia Care stock, with the potential for additional performance-based milestones in 2022 and 2023. 2021 Adjusted EBITDA. This transaction is immediately accretive to gross margin, Adjusted EBITDA and cash flow from operations.

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Dispensary Cultivation Research and Development Retail 66

Cannabis Law Report

SEPTEMBER 20, 2021

Embark is also the majority owner of ProteinQuest, which applies Embark’s innovative and proprietary technology to the protein-enhanced and functional food industries with initial commercial products utilizing hemp seed, positioning it for further growth in the health and wellness industry.

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Cannabis Law Report

SEPTEMBER 30, 2021

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.”. Positive Net Income of $0.24M for the first time in company history.

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Cannabis Law Report

FEBRUARY 3, 2022

The Offering was conducted on a “best-efforts” basis pursuant to an agency agreement entered into on February 2, 2022 between the Company and a syndicate of agents. The net proceeds from the Offering are intended to be used to fund capital expenditures, strategic acquisitions and for general corporate purposes. About Columbia Care.

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CannaTech

OCTOBER 14, 2018

The bill, scheduled to take effect on January 1, 2019, allows California farmers to enter the rapidly-growing hemp industry on a wide scale, raising industrial hemp to produce hemp seed, oil, fiber, and extract for a variety of uses. These are some of the iconic images that immediately come to mind when people think of California.

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Hemp Research and Development Agriculture Seed-To-Sale 53

Cannabis Law Report

AUGUST 23, 2022

Cannabis NYC will plant the seeds for the economy of tomorrow by helping New Yorkers apply for licenses and understand how to open and successfully run a business, while simultaneously rolling equity into our economy by giving those who have been justice-involved and those with a cannabis conviction a chance to succeed.

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Business Seed-To-Sale Programs Retail 52

Veriheal

SEPTEMBER 7, 2022

On July 6, 2022, Washington, D.C. The Medical Marijuana Self-Certification Temporary Amendment Act of 2022 currently permits D.C. This 90-day amendment expired in May 2022; however, seniors retain the self-certification option through the emergency law now in effect. ’s Medical Cannabis Program. These changes to D.C.’s

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Cannabis Law Report

NOVEMBER 12, 2021

We see momentum building into 2022 and beyond as we optimize our national portfolio and launch brands throughout our markets.”. Record Adjusted EBITDA of $31.0 Million, an increase of 634% YoY, 89% QoQ. Record Adjusted EBITDA Margin of 23%, an increase of 1,564bps YoY, 848bps QoQ. NEW YORK–(BUSINESS WIRE)–Columbia Care Inc.

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Dispensary Seed-To-Sale Cultivation Research and Development 52

Cannabis Law Report

DECEMBER 2, 2021

in Early 2022. The parties entered into a multiyear deal under which InterCure will establish Cookies stores and medical cannabis pharmacies in Austria and the United Kingdom in early 2022. Cookies Partners With Leading Global Cannabis Company InterCure to Open Retail Locations in Austria and the U.K. Learn more at cookies.co.

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The Cannigma

FEBRUARY 16, 2022

Listen & Subscribe: In light of Black History Month, we feel it is important and relevant to talk about how minorities in the United States and around the world have been disproportionately affected by drug policy and the war on drugs. Tuning in, you’ll hear more about what these trichomes are and why they’re important. CP: It’s a celebration.

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Trichome Wellness and Beauty Cannabinoids Cannabis 73

Cannabis Law Report

JUNE 16, 2021

With the enactment of the Marijuana Regulation and Taxation Act (MRTA) in March 2021, New York is poised to become one of the largest cannabis markets in the country; however, licenses required for adult-use cannabis activity are unlikely to be issued until early 2022. What to Know.

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SpeedWeed

MAY 8, 2021

Alabama’s Senate Bill 46 , which was amended and cleared by two House committees last month, would allow registered patients diagnosed with a qualifying condition to access cannabis, making it the 37th medical cannabis state if passed, according to Marijuana Policy Project. The House is scheduled to reconvene at 8 a.m. Tim Melson, S.B.

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Business Seed-To-Sale Chronic Pain Patients 52

SpeedWeed

MAY 6, 2021

Alabama’s Senate Bill 46 , which was amended and cleared by two House committees last month, would allow registered patients diagnosed with a qualifying condition to access cannabis, making it the 37th medical cannabis state if passed, according to Marijuana Policy Project. The House is scheduled to reconvene at 8 a.m. Tim Melson, S.B.

Programs 52

Programs Retail Seed-To-Sale Chronic Pain 52

SpeedWeed

MAY 6, 2021

Alabama’s Senate Bill 46 , which was amended and cleared by two House committees last month, would allow registered patients diagnosed with a qualifying condition to access cannabis, making it the 37th medical cannabis state if passed, according to Marijuana Policy Project. The House is scheduled to reconvene at 8 a.m. Tim Melson, S.B.

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Seed-To-Sale Chronic Pain Patients Legislation 52

SpeedWeed

MAY 7, 2021

After a nearly 10-hour filibuster Tuesday, House lawmakers reconvened Thursday and considered several floor amendments before passing the Senate-originated bill, 68-34, which would allow registered patients diagnosed with qualifying conditions to access cannabis. The legislation, Senate Bill 46 , now heads to Republican Gov. Kay Ivey’s desk.

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Legislation Seed-To-Sale Patients Chronic Pain 52

Cannabis Law Report

JUNE 27, 2022

Importantly, the Court left the injunction in place preventing the enforcement of the smokable hemp ban on retail sales! You can find her contact details at the link above. Greetings Friends: Welcome to my first installment industry news, “industry” meaning Cannabis, divided into marijuana and cannabinoids, and Psychedelics. INDUSTRY NEWS.

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Cannabis Law Report

NOVEMBER 15, 2021

. — Rep. Nancy Mace (@RepNancyMace) November 15, 2021. Marijuana Moment report. Several Republican members of Congress introduced a bill on Monday to federally legalize and tax marijuana as an alternative to pending far-reaching Democratic-led reform proposals and scaled-down GOP cannabis descheduling legislation. Geoffrey Lawrence.

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SpeedWeed

MAY 19, 2021

After a nearly 10-hour filibuster May 4, House lawmakers reconvened May 6 and considered several floor amendments before passing the Senate-originated bill, 68-34, which will allow registered patients diagnosed with qualifying conditions to access cannabis. At first, Alabama Gov. Ivey did just that Monday afternoon. “I Tim Melson and Rep.

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