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Illinois releases Cannabis Report FY2024 (IDFPR portion)

Illinois News Joint

The report also touts, as more evidence, Illinois’ $2,007,401,374 in sales during the past fiscal year. These rules bring further clarity and transparency to IDFPR operations by laying out policies and procedures in a clear and concise way. The Department will transition to this updated system throughout the next two years.”

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Illinois cannabis oversight bills move forward

Illinois News Joint

Four Illinois House bills involving cannabis oversight and regulations were assigned to the Executive Committee February 28, 2023. Effective July 1, 2023.” was filed on January 25, 2023, assigned to the Rules Committee January 25, 2023, and then assigned to the Executive Committee February 28, 2023. Evans, Jr. ,

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Europe’s Cannabis-Friendly Hotspots Could Trigger an Economic Shift 

Veriheal

The Seeds of Europe’s Adult-use Cannabis Market Are Sprouting Europe’s recreational cannabis market has overcome major regulatory hurdles in the last few years. The following year, the Czech Republic and German governments announced plans to develop a legal framework to establish a regulated market for recreational sales.

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Progress for Patients in Washington, D.C.: Residents Ages 21+ Can Temporarily Self-Certify

Veriheal

Allowed formats include flowers, concentrates, edibles, transdermal products, seeds, and seedlings.” On July 6, 2022, Washington, D.C. implemented a revolutionary emergency amendment to its medical cannabis program. The Medical Marijuana Self-Certification Temporary Amendment Act of 2022 currently permits D.C. These changes to D.C.’s

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New York Governor Announces Investment Team to Manage $200M Social Equity Cannabis Fund

Cannabis Law Report

Kathy Hochul announced June 22 the selection of Social Equity Impact Ventures LLC, a minority-led investment team, to sponsor and manage New York’s $200-million Social Equity Cannabis Investment Program that was included in the state’s fiscal 2023 enacted state budget. Cannabis Business Times.

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The Green Organic Dutchman Completes Strategic Acquisition of Galaxie Brands Corporation

Cannabis Law Report

The Transaction is expected to achieve cost synergies through combining activities in supply chain and distribution, research, and product development, as well as cost reductions in sales, general and administrative activities, and general overhead. The Green Organic Dutchman Holdings Ltd. Galaxie’s 26,000 sq. production capabilities.

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Oregon Cannabis Proposals Could Dramatically Reshape Industry

Cannabis Law Report

The Oregon legislative Task Force on Cannabis-Derived Intoxicants and Illegal Cannabis Production is exploring potential reforms to the state’s regulation of cannabinoid products and legislation for 2023 to combat what law enforcement believes is an increase in illicit marijuana production. concentration threshold.