Cannabis Law Report

JULY 11, 2022

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.

Cultivation 52

Cultivation Law Collective Retail 52

Cannabis Law Report

MAY 16, 2022

Gavin Newsom introduced proposed revisions to his 2022-2023 budget proposal, which would eliminate the cannabis cultivation tax rate beginning July 1, 2022. Currently, the cultivation tax rates are $10.08 per ounce of fresh cannabis plant, and these taxes are paid on all recreational and medicinal cultivation of cannabis.

Legalization 52

Legalization Collective Education Cultivation 52

Cannabis Law Report

MAY 13, 2022

Some changes include: Setting the cultivation tax rate at zero beginning July 1, 2022. Up to $150 million one-time General Fund is available as needed through 2025-26 to backfill Allocation 3 funding, along with the authority to increase the excise tax rate through 2024-25 if tax revenues fall below the baseline for Allocation 3.

Supply Chain 52

Supply Chain Collective Retail Programs 52

Cannabis Law Report

JULY 16, 2019

hemp growers access to premium and exclusive high-CBD, low-THC cultivars. CBD market to exceed $20 billion by 2024. To support this vision, Segra has assembled a world-class team of specialists in the fields of agronomy, molecular genetics, plant tissue culture, and regulatory compliance. It is anticipated that Segra’s U.S.

Hemp 40

Hemp Research and Development Agriculture Compliance 40

Cannabis Law Report

JULY 28, 2022

As a first in UK media, the investment would give Cannaray’s flagship wellness CBD brand access to a “high-reach upmarket TV audience” in the UK. Moreover, if the UK were to legalise cannabis – with recreational sales starting in 2024 – this would bring the market’s size to more than £1 billion in the UK alone.

Legislation 52

Legislation CBD Media Recreational 52

Cannabis Law Report

DECEMBER 14, 2019

billion by 2024. Access to this high-profile market, when coupled with broad National Health Service (“NHS”) insurance coverage for medical cannabis to ensure better patient outcomes, is a key strategic element of AgraFlora’s global platform. VANCOUVER, British Columbia, Dec. About AgraFlora Organics International Inc.

Pharmaceutical 59

Pharmaceutical Chronic Pain Patients Epilepsy 59

Cannabis Law Report

JULY 12, 2021

cultivates, markets, and distributes handcrafted, high quality cannabis products. To learn more about the Company or to access the most recent Corporate Presentation, please visit our website at? Trading will commence on July 12, 2021. Graduating to the TSX highlights our growth and ability to execute. About GTEC Cannabis Co.

Events 105

Events Recreational Compliance Compliance 105