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Illinois Industrial Hemp Act amendments receive second notice

Illinois News Joint

The provision now states, “All licensees and registrants shall be subject to inspections at the discretion of the Department to ensure compliance with the Act. For example, academic research institutions “shall notify the Department at least seven business days prior to collection of samples.”

Hemp 103
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Allay Consulting and The GMP Collective Combine Forces to Broaden Reach Across Cannabis, Hemp and Psychedelics

Cannabis Law Report

PORTLAND, Oregon—March 1, 2023—Regulatory compliance firms Allay Consulting and The GMP Collective are joining forces amid the rapid national growth of the cannabis, hemp and emerging psychedelics sectors, with a focus on current Goods Manufacturing Practices (cGMP) compliance.

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Dutchie Crashes Again on 4202024

CannaEffect

EST on 4/20 that the issue was rectified, which is likely after customers have tried to collect on 4/20 discounts. Additionally, there were almost a thousand preorders that had to be canceled and redirected to inventories in order to stay in compliance. It wasn’t until 7:14 p.m.

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California: Starting April 1st, Cannabis Operators Face CEQA Compliance Requirements for State Licenses

Cannabis Law Report

Starting April 1st, Cannabis Operators Face CEQA Compliance Requirements for State Licenses. For many in the cannabis industry, April 1, 2022 is seen as a day of reckoning following the July 2021 passage of Assembly Bill 141 and Senate Bill 160 (collectively, the Cannabis Trailer Bill). Tuesday, April 12, 2022. Whitney Hodges.

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California Governor Proposes a Cannabis Tax Reduction in an Effort to Shore Up the Legal Market

Cannabis Law Report

Gavin Newsom introduced proposed revisions to his 2022-2023 budget proposal, which would eliminate the cannabis cultivation tax rate beginning July 1, 2022. The 15% excise tax on cannabis sales would remain, and the collection and remittance of that tax would be limited to retail sales beginning January 1, 2023.

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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

Any cultivation tax collected on cannabis that enters the commercial market on or after July 1, 2022, must be returned to the cultivator that initially paid the cultivation tax or, if unable to be returned to the cultivator, must be paid to CDTFA as excess tax. Read the CDTFA announcement. Delivery Data Required to be Reported in Metrc.

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Alert: Newsom To Present Cannabis Tax Simplification Solutions To Legislature

Cannabis Law Report

Shifting the point of collection and remittance for excise tax from distribution to retail on January 1, 2023, maintaining a 15 percent excise tax rate. Strengthening tax enforcement policies to increase tax compliance and collection and reduce unfair competition.