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Existing laws allowing personal possession, cultivation, and medical expansion would likely remain intact. Key measures include : Limited home cultivation for adults aged 18+. Licensed, for-profit cultivation and manufacturing. In this scenario, pilot programs for cannabis commerce might halt, but full repeal appears improbable.
This guidance is crucial for securing the funds necessary to launch or expand your business and ensure compliance with state-level financial requirements (Fairlie, 2024). Whether you’re cultivating, processing, testing, distributing, or retailing cannabis, obtaining the correct business license is a must. References: Wathne, O.
January 24, 2023 CCB Issues Summary Suspension of North Las Vegas Cultivation/Production Facility LAS VEGAS, NV – Pursuant to Nevada Cannabis Compliance Regulation (NCCR) 4.105, today the Nevada Cannabis Compliance Board (CCB) called an emergency telephonic board meeting to consider the summary suspension of the medical and adult-use cultivation (..)
February 13, 2023 The CCB will meet next Monday, February 27, at 1pm. Passing Compliance Check Deadline: February 20, 2023 The compliance check deadline has passed for the upcoming Board meeting. Thank you […]
Legislation is pending, AB 286, to temporarily reduce tax rates imposed on the retail sale and commercial cultivation of cannabis. 333, to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations. Click here to email your lawmakers in support of first-time penalty reductions.
Senate Bill 1353 seeks to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations. House Bill 902 – The Cannabis Legalization Equity Act would regulate the use, possession, cultivation, and retail sale of adult-use marijuana. HI resident? IL resident? IL resident?
An industrial hemp cultivation cluster was founded on 13 February 2023 in Zhytomyr Oblast of Ukraine, Mykhailo Tereshchenko, ex-mayor of Hlukhiv and owner of the health food brand “Desnaland,” told.
Starting April 1st, Cannabis Operators Face CEQA Compliance Requirements for State Licenses. CEQA Compliance and Consequences to Cannabis Operators. In fact, CEQA compliance, or the lack thereof, was the reason the provisional license program was even created. cultivation, manufacturing, distribution, retail, etc.).
In May 2023, the Illinois Senate created an omnibus with several cannabis-related items that ultimately failed. One of those items was the addition to licensed craft grower’s canopy space, which included increasing the grow space to 14,000 square feet (from 5,000).
California Cannabis Cultivation Tax Eliminated. The budget trailer bill eliminated the cannabis cultivation tax beginning July 1, 2022. The harvested cannabis was first sold or transferred by a cultivator to a distributor on or after July 1, 2022. California Cannabis Excise Tax Capped at 15% for Three Years.
'[link] via @cannaindustrie — VOC Nederland (@vocnederland) June 28, 2023 Luxembourg’s Parliament has approved a bill to legalize marijuana possession and cultivation […]
Senate Bill 1353 seeks to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations. House Bill 902 – The Cannabis Legalization Equity Act would regulate the use, possession, cultivation, and retail sale of adult use marijuana. HI resident? IL resident? IL resident?
Illinois proposed the new rule that allows craft grower to request an increase of 3,000, 6,000 or 9,000 square feet of canopy space in October 2023 and the new rules were adopted Feb. For questions about this process, please contact the Division of Cannabis Regulation at AGR.CannabisMod@illinois.gov.
million) in 2023.” CBD (cannabidiol), in particular, is finally having its moment as legislation passed in December 2023 now allows for the use of cannabis-derived medications like Epidiolex. . “Despite the long-standing legal framework, the domestic illicit cannabis market in 2023 was estimated to be 2.5
Legislation is pending, Senate Bill 225, to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations. Legislation is pending, The Cannabis Regulation and Tax Act, to regulate the use, possession, cultivation, and retail sale of adult use marijuana. AL resident? IL resident?
The NDA launched roughly five years ago as an advocacy and trade association for the retail segment of the market but has recently expanded to include cannabis cultivators and distributors. The post Legislation to Expedite Cannabis Cultivation Introduced in New York appeared first on SpeedWeed. Reflecting on Lessons Learned.
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.
In June 2023, the Oregon Liquor & Cannabis Commission recalled a batch of cannabis after finding it to be tainted with mold and heavy metals such as arsenic. The cannabis in question was a batch of Blueberry Muffins cultivated by Bend Cannabis Company.
That company is appealing the denial of two cultivation applications. The outside lawyers will each be paid up to $49,000 through 2023. Serving as the project’s Executive Lead, Westom has more than 20 years of experience working in Quality Assurance and regulatory compliance at prestigious companies and government agencies.
The act also provides protections for parents and tenants who use cannabis in compliance with the law. Beginning in October of this year, state-registered medical cannabis patients will be permitted to home-cultivate up to three mature and three immature marijuana plants.
A pilot program to allow the limited cultivation and distribution of recreational cannabis in the Netherlands has been hit with another major delay. The program, which is supposed to involve 10 cannabis cultivators supplying dozens of stores, was originally intended to launch in 2020. MJ Biz Report.
Oneida Indian Nation Homelands (September 19, 2022) – The Oneida Indian Nation will start construction next month on a full-scale, 50,000-square-foot cannabis cultivation and production facility. Retail locations, which will be announced at a later date and located exclusively on Nation lands, are projected to open in late 2023.
According to the latest estimates by the Bureau of Labor Statistics , in 2023, around 14.4 According to Eshaia, many cannabis workers are exposed to potentially hazardous conditions, including exposure to chemicals and inadequate protective equipment during cultivation and processing tasks. Labor unions in the U.S. million U.S.
SB 1406), the CCA created the framework for the cultivation, manufacturing, distribution, testing, and retail sale of adult-use cannabis in Virginia. Agencies tasked with moving the program forward are currently putting their efforts on hold until more clarity is provided, hopefully in the 2023 legislative session. Organization: .
Some changes include: Setting the cultivation tax rate at zero beginning July 1, 2022. 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. In addition, the Governor’s budget proposal includes a one-time allocation of $20.5
It emerges from the 2018-2023 coalition agreement that legislation on recreational cannabis will be drafted ( 2018-2023 Coalition Agreement ) . On the one hand, it is proposed that adults should be able to legally cultivate for personal consumption up to four cannabis plants per household from seeds. Project modalities.
1, 2023, under the new law. Nevada Cannabis Compliance Board Takes Action for Tax Payment Failures. The Nevada Cannabis Compliance Board has filed a complaint for disciplinary action against NNV OPERATIONS I, INC., doing business as Silver State Cultivation, for allegedly failing to properly remit tax payments.
Cannabis sales topped $600 million in 2020 and they are expected to pass the $1 billion mark by 2023. Banks justify these fees as a cost of compliance and due diligence, such as filing suspicious activity reports and processing cash-heavy deposits and withdrawals.
The program was formally announced by Governor Hochul yesterday, and creates three programs that prioritize New York Farmers and equity entrepreneurs: Seeding Opportunity Initiative Farmers First Program : Provides an adult-use conditional cultivator license from the OCM to eligible New York cannabinoid hemp farmers.
This includes: Move hemp licencing from Home Office to DEFRA: To put the UK on a competitive footing with other hemp-producing countries, the licencing of industrial hemp cultivation should be moved to DEFRA, whose staff have agricultural expertise and are better qualified than those in the Home Office to assess applications for hemp cultivation.
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]. Adds expertise to support best manufacturing practices, innovation and regulatory compliance. Toronto, Ontario–(Newsfile Corp.
Acquisition Adds Integrated Cultivation, Processing and Retail Assets in Arizona , Nevada and Utah. 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. WAKEFIELD, Mass. , Nov. 8, 2021 / PRNewswire / — Curaleaf Holdings, Inc.
For example, distributors may transport cannabis products from a cultivator to a testing lab or from another distributor to a retail licensee. Cultivation – Cultivation licensees are for those that want to grow cannabis. Type 5, 5A, and 5B is reserved for “Large” sized cultivation operations (greater than 22,000 sq.
These regulations cover licensing of dispensaries, cultivation facilities, and processing centers, as well as product testing and quality control. Patients and industry stakeholders should stay informed about evolving regulations to ensure compliance with state laws and to promote the safe and responsible use of medical cannabis.
Acquisition Includes Three Retail Dispensaries, a Cultivation Facility and a Product Manufacturing Facility. cultivation facility in Sparks, NV, as well as a 13,000 sq. In addition, NuLeaf’s cultivation and processing assets are strongly aligned with our strategic expansion strategy in Nevada. Purchase Price of up to US$62.5
Effective as of January 1, 2023, there was a shift in cannabis commerce in the state and now, authorized vehicles are permitted to transport larger quantities of cannabis products with fewer restrictions than before. Age verification is a crucial aspect of cannabis delivery, with drivers required to verify the age of recipients upon delivery.
The NDA launched roughly five years ago as an advocacy and trade association for the retail segment of the market but has recently expanded to include cannabis cultivators and distributors. RELATED: A Snapshot of Nevada’s Cannabis Retail Market: Q&A with the Nevada Dispensary Association. Reflecting on Lessons Learned.
The NDA launched roughly five years ago as an advocacy and trade association for the retail segment of the market but has recently expanded to include cannabis cultivators and distributors. RELATED: A Snapshot of Nevada’s Cannabis Retail Market: Q&A with the Nevada Dispensary Association. Reflecting on Lessons Learned.
The NDA launched roughly five years ago as an advocacy and trade association for the retail segment of the market but has recently expanded to include cannabis cultivators and distributors. RELATED: A Snapshot of Nevada’s Cannabis Retail Market: Q&A with the Nevada Dispensary Association. Reflecting on Lessons Learned.
We manage the inputs, we manage the machine extraction runs, the outputs, all the inventory, the sales orders, the batch tracking, lot tracking, to comply with various recall protocols and federal regulations and guidance for GMP compliance and Food Aafety Act stuff. That’s where the CBD comes from in our messaging.
And so cultivators and even retailers are going to have to make a decision of whether they want to sell to both markets. And so the question comes down to, if you’re a cultivator and you can only sell to a group of folks that is getting smaller and smaller every year, are you going to continue to do that? Is your manufacturer licensed?
We expect 2023 will see even more progress as we push towards New York having a fully functioning cannabis industry. Let’s take a look at the noteworthy developments of 2022 and what we expect to see in 2023. New York took that significant first step by issuing conditional cultivation , processing and retail dispensary licenses.
After June 30, 2022, and until June 30, 2023, the DCC may issue provisional licenses to local equity applicants so long as they are eligible and properly apply for licensing before March 31, 2023. If you’re a cultivation provisional license applicant, life is a little harder. of the Business and Professions Code.
On January 20, 2023, the Dangerous Products and Services and Healthcare and Medicines Google Ads policies will allow for the promotion of “FDA-approved pharmaceuticals containing cannabidiol (CBD) and topical, hemp-derived CBD products with THC content of 0.3% CBD advertising changes at Google. Google states that in the U.S.,
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