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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

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. Delivery Data Required to be Reported in Metrc.

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Illinois proposes expanded canopy space for craft growers

Illinois News Joint

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).

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Craft growers can now submit for canopy expansion

Illinois News Joint

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.

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Legislation to Expedite Cannabis Cultivation Introduced in New York

SpeedWeed

From July 2017 to June 2018, the state saw $529,851,245 in taxable medical and adult-use cannabis sales, a figure that has steadily increased to $719,216,651 during the current fiscal year, which includes sales data from July 2020 to March 2021, according to the Nevada Department of Taxation. Reflecting on Lessons Learned.

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McGuire Woods – Canada & North America – In the Weeds: CDC on Hired Drivers Using Cannabis, Ordering by App in Ontario and Delta-8 Testing

Cannabis Law Report

1, 2023, under the new law. Based on the Associations of Towns of New York’s current data , only 9 percent of villages and towns have chosen to opt out of legal cannabis dispensaries and the retail sale of cannabis in their townships. Nevada Cannabis Compliance Board Takes Action for Tax Payment Failures. Harborside Inc.,

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Growers in the Emerald Triangle are Facing a Potential Extinction Event |

SpeedWeed

Data firms like Leaflink have not yet registered a price drop. A representative for Leaflink said it’s too soon to see definitive or robust data for this summer’s outdoor price drops. By that point, industry insiders say, many small farmers could be all but wiped off the legal cannabis cultivation map.

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Jushi Holdings Inc. Further Expands Nevada Footprint Through Agreement to Acquire Vertically Integrated State Operator

Cannabis Law Report

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