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U.S. Cannabis Legalization Update: Who’s Still Waiting and Who May Legalize

Veriheal

Despite this massive shift in cannabis policy, however, a few states are still dragging their feet on cannabis legalization. It prohibits cannabis possession, use, purchase, sale, or cultivation, whether for recreation or medical purposes. The Act aimed to provide patients access to smokable flower for 15 medical conditions.

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California Governor Proposes a Cannabis Tax Reduction in an Effort to Shore Up the Legal Market

Cannabis Law Report

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.

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Colorado Governor Seeks Pardons for Psychedelic Convictions

Veriheal

In a significant move towards drug policy reform, Colorado Governor Jared Polis asked lawmakers for permission to grant pardons for individuals with certain psychedelic drug-related convictions. At the time of writing, l icensed facilities are not expected to open until late 2024.

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Weekly Legislative Roundup 3/14/20

NORML

Veteran Access : HR 1647, the Veterans Equal Access Act, would allow V.A. Legislation is pending, Senate Bill 165, to establish a medical marijuana access program for qualified patients with a physician’s recommendation to access medical marijuana from licensed retail outlets. Your Highness, Carly. Actions to Take.

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Alert: Newsom To Present Cannabis Tax Simplification Solutions To Legislature

Cannabis Law Report

We know that current tax policies disproportionately burden cannabis farmers and small businesses and create instability throughout the supply chain, ultimately undermining the societal benefits of a taxed and regulated market. Some changes include: Setting the cultivation tax rate at zero beginning July 1, 2022.

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Octopuses On Ecstasy, Thailand’s Uncertain Cannabis Future, & CA Loses Out On Psychedelics

Veriheal

This massive shift in policy is a response to concerns about the growing drug problem in parts of the country. As a result, Thai residents have gained access to many new jobs in cannabis hospitality, retail, and cultivation. The two initiatives are being proposed for the November 2024 ballot.

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California Cannabis Industry Has Provided $2.8 Billion in Tax Revenue Since 2018

SpeedWeed

million in cultivation tax and $1 billion in state sales tax during the course of the past 3 1/2 years. When California’s Control, Regulate and Tax Adult Use of Marijuana Act went into effect, the state began collecting a 15% excise tax, a sales tax and a cultivation tax on cannabis. Three great public policy wins with one change.”.