Canna Law Blog

JULY 14, 2023

On July 5, 2023, the FDA and FTC jointly announced six cease and desist letters to alleged delta-8 product makers. You can access the letters here. Ingesting edible cannabis products can result in serious health consequences in children.3 Ingesting edible cannabis products can result in serious health consequences in children.3

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The Cannigma

JULY 12, 2022

A representative from the Alabama Agriculture Department has stated that licenses for medical marijuana producers won’t be issued before September 2022, and it could take until 2023 to get the program up and running. They cannot access flower or edibles and can only have 70 daily doses at one time with a maximum of 50 mg per dose.

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Veriheal

SEPTEMBER 7, 2022

’s medical cannabis program come on the heels of a previously enacted emergency amendment focused on senior citizens: The Medical Marijuana Patient Access Extension Emergency Amendment Act of 2022 allowed D.C. Allowed formats include flowers, concentrates, edibles, transdermal products, seeds, and seedlings.”

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NORML

APRIL 5, 2019

She also signed bills to allow medical cannabis to be administered to patients while at school, and a broader medical expansion bill that adds several new qualifying conditions and patient protections. Governor Jared Polis (D) of Colorado signed legislation into law to add autism as a medical cannabis qualifying condition. CA resident?

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NORML

MARCH 29, 2019

Governor Gary Herbert (R) of Utah signed legislation into law that strengthens protections for medical cannabis patients and further improves upon the state’s new medical cannabis access program. Legislation is pending, Senate Bill 59, to expand medical cannabis access. CA resident? DE resident? HI resident? HI resident?

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Cannabis Law Report

SEPTEMBER 22, 2022

SB 1186– Medicinal Cannabis Patients’ Right of Access Act. The bill’s author, Senator Scott Weiner, states this bill is a victory for seniors living with chronic illness, and will both improve patient access and help fill voids throughout the state where no cannabis license types have been authorized.

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NORML

MARCH 22, 2019

Senate Bill 34 would exempt compassionate care programs from paying state cannabis taxes when they are providing free medical cannabis to financially disadvantaged people living with serious health conditions. Legislation is pending, Senate Bill 59, to expand medical cannabis access. CA resident? DE resident? HI resident? HI resident?

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Cannabis Law Report

AUGUST 12, 2022

The Merger Agreement was executed on August 8, 2022, and management expects the merger and reorganization to be completed in the fourth quarter of calendar year 2022, subject to certain conditions precedent including shareholder approval by both MJHI and CBDS shareholders. The Merger Agreement provides for MJHI shareholders to receive 2.7

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Cannabis Law Report

NOVEMBER 8, 2021

1 The transaction is expected to close in the second half of 2022, subject to customary approvals and conditions. An incremental earnout of up to 1 million Curaleaf Shares may be paid in 2023 based on the business exceeding certain EBITDA targets for the year 2022. The company’s dispensaries have served more than 7.6

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Cannabis Law Report

AUGUST 16, 2021

The facility is expected to be operational in Q1 2023. Once closed, which will be subject to the execution of definitive agreements and satisfaction of regulatory and other conditions, management believes this acquisition would solidify the Company’s scaled position in this core market and would be accretive to EBITDA. Massachusetts.

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Cannabis Law Report

FEBRUARY 16, 2022

The proceeds from the Concurrent Financing will be used towards the development of the Company’s planned Cannabis-infused beverages and edibles business line and the acquisition of Pinestar has enabled us to become a public reporting company in Canada,” said Mark Murray, President and Chief Executive Officer of Jones.

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Cannabis Law Report

NOVEMBER 1, 2021

cannabis edible brand. The Transaction is scheduled to close on or about November 15, 2021 , and subject to customary closing conditions and covenants. The company creates and produces a range of products including premium cannabis edibles, infused pre-rolls, flavoured and full melt vapes, oils and solventless products.

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Cannabis Law Report

JUNE 28, 2021

Merger includes retail, distribution and cultivation capabilities in the limited license market where adult-use sales are expected to reach up to US$230 million in 2023[1]. Retail sales in Vermont for adult-use cannabis products are expected to begin in the fall of 2022, with sales expected to reach up to US$230 million in 2023.

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The Joint Blog

AUGUST 8, 2023

As of April 2023, 24 states, including Washington DC, have unintentionally legalized hemp-derived intoxicants, including delta-8 THC, by updating their controlled substance laws to reflect the changes in the 2018 farm bill. Delta-8 is often sold in various forms, including edibles like gummies and snacks.

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Cannabis Law Report

DECEMBER 21, 2021

(“Laurentian”), in a cash and share transaction for aggregate consideration of $36 million, plus earnout consideration (the “Earnout Consideration”) payable, if applicable, based on Laurentian surpassing certain EBITDA thresholds in calendar 2022 and 2023. million expected to be included as an adjustment in 2022 and $3.5 million in 2022.

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Cannabis Law Report

NOVEMBER 17, 2021

The facility is expected to begin operations in Q1 2023. Construction of the facility is expected to last through 2022, with Phase 1 anticipated to come online in the first quarter of 2023, offering 4Front’s in-house brands and products to the growing retail and wholesale markets in the state.”. Massachusetts. Conference Call Details.

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Cannabis Law Report

AUGUST 6, 2021

“We’re continuing to drive cost savings and operational efficiencies across the company, and remain broadly on track to our target of $150 – $200 million in fiscal 2022- fiscal 2023,” added Mike Lee , CFO. “We In Edibles, the Company’s Twd. Beverages, edibles, topicals 7. and vapes. Other revenue adjustments 8. $(3.0).

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Cannabis Law Report

DECEMBER 30, 2019

Now, nearly 1 in 4 Americans reside in a jurisdiction where the adult use of cannabis is legal, and 33 states regulate medical marijuana access. In the existing state-legal regulated marijuana marketplaces, businesses struggle to access basic banking services due to the federal prohibition of marijuana. A Pathway Towards SAFE Banking.

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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. Provides home delivery access throughout the state with 10 vehicles.

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Cannabis Law Report

JUNE 1, 2021

In Edibles, the Company launched Twd. Implementation of supply chain optimization well underway with network optimization and complexity reduction initiatives expected to realize our previously stated cost savings of $150 million to $200 million by the end of the first half of FY 2023. – – Oils and softgels8.

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Meadow

DECEMBER 24, 2017

One a consumption retail license that would allow for edible products only. There’s been some buzz about a hotel that is potentially going to apply for one of these licenses and host edible-only types of services there. For the non-edible products. But for six months we’re going to see a lot of those. We’ll talk more.

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