Canna Law Blog
DECEMBER 21, 2023
Sales fell (again) along with licensee numbers (for the first time) According to OLCC data , retail sales between January 1, 2023 and November 30, 2023 clocked in at $874 million. For the most recent three months of 2023, we’ve hovered at a respectable $745/lb. By my math, the state is on pace for roughly $953 million this year.
Veriheal
APRIL 24, 2024
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
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Cannabis Law Report
APRIL 13, 2022
The 2023 Budget. Last week, the New York Legislature passed the State’s 2022-2023 Budget. The stated purpose for the revision was to simplify tax return preparation, improve compliance and enforcement, and aid in the interpretation of tax law provisions. It is also $4 billion more than what the Governor had initially proposed.
Canna Law Blog
DECEMBER 26, 2022
Today, about half of all sales are flower, followed by: 25% in concentrate/extract; 13% edible/tincture; 5% inhalable; then “miscellaneous” categories. OLCC increased potency limits on edibles (up to 100mg per package; 10mg per serving), and increased daily sales limits for adult use consumers. Legislative Day is January 17th.
Cannabis Law Report
MARCH 2, 2020
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. Visit [link].
MMJ Recs
OCTOBER 5, 2023
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. It’s important for patients and caregivers to familiarize themselves with these laws to ensure compliance and avoid legal issues.
The Blunt Truth
JULY 5, 2023
Starting August 1, 2023, Minnesota will provide protections to individuals who use cannabis for recreational purposes, after Minnesota Governor Tim Walz signed a state law allowing adults 21 and older to use recreational cannabis. to make it unlawful for an employer to take any action against a person for off-duty cannabis use.
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