Cannabis Law Report

MAY 13, 2022

Some changes include: Setting the cultivation tax rate at zero beginning July 1, 2022. Setting Allocation 3 funding for youth education/intervention/ treatment, environmental restoration, and state and local law enforcement programs at a baseline of $670 million annually for three years.

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Cannabis Law Report

JANUARY 4, 2022

Over $140 Million in Revenue Expected Over the First Three Years of Cultivation and Over $400 Million in Total Revenue Projected for the 10-Year Term of the Agreement. Gold Leaf is one of only 22 licensed centers and one of only 16 active operators in Florida, and the organization is planning to open 20 dispensaries in the state by 2024.

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Veriheal

OCTOBER 9, 2020

Despite cannabis remaining against the law on a federal level, many states have been allowing the sale, cultivation, and consumption of cannabis, with more states joining all the time. Mississippi is on the verge of seeing legal access to medical cannabis. South Dakota is Voting on a Medical Cannabis Program .

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SpeedWeed

SEPTEMBER 8, 2021

million in total program tax revenue, according to the California Department of Tax and Fee Administration (CDTFA). Since the state launched its first adult-use sales in January 2018, the cannabis industry has provided a total program revenue of $2.8 California’s current cultivation tax is based on $9.65 Bringing in $40.4

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Collective Programs Supply Chain Cultivation 88

Illinois News Joint

OCTOBER 9, 2023

Provide that no person shall sell cannabinoid product to any person under the age of 21 unless the person is a medical cardholder registered under the Compassionate Use of Medical Cannabis Program Act. Provide that the Department of Agriculture may not limit the number of hemp farm licenses.

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Hemp Cannabinoids Safety Retail 82

Cannabis Law Report

SEPTEMBER 16, 2022

The region has been instrumental in highly regulated industries, such as alcohol and tobacco, and the only federally sanctioned cannabis grow program has operated at the University of Mississippi since the 1960s. Although several Southern states have enacted medical cannabis programs, no states have embraced recreational use of cannabis.

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Veriheal

MARCH 10, 2021

Virginia also has a legal, medical cannabis program in place. Furthermore, legal access to retail cannabis dispensaries is not expected until 2024 or later. Medical patients have access or, should I say, very limited access to low potency cannabis in the state. There Are Still Just So Many Questions.

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Law Access Cannabis Legalization 52

NORML

MARCH 14, 2020

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.

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Legislation Access Patients THC 189

Veriheal

MARCH 31, 2022

Kathy Hochul signed legislation establishing a conditional cultivation and processing recreational licensing structure. Murphy is also “open-minded” to permitting a home cultivation option for consumers in the foreseeable future. Licensed cultivators will be limited to growing 43,560 square feet of flowering canopy outside.

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Cannabis Law Report

AUGUST 29, 2021

A combination of well-defined organic growth initiatives combined with acquisitions and partnerships would afford us a unique opportunity to expand our business globally and grow into the unquestioned industry leader, with $4B in revenue by the end of our fiscal year 2024.

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Cannabis Law Report

JUNE 18, 2021

Home cultivation will first be allowed for medical cannabis patients, then for adults 21 and older. The number of licensed cannabis retailers is limited to one per 25,000 residents until June 30, 2024, then state regulators will set a new maximum. 1201 will take effect July 1, at which time possession of up to 1.5

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Legalization Hybrid Cultivation Retail 66

Greenspoon Marder Cannabis Law Group Blog

APRIL 19, 2021

Ordinance Repealing the Cannabis Consumption Pilot Program. Ordinance Repealing the Cannabis Consumption Pilot Program. With the passage of House Bill 19-1230 allowing for state-licensed hospitality licenses, Denver needed to modify its marijuana consumption program to comply with the new state law. and 7:00 a.m.; (2)

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Marijuana Consumption Retail Business 76

Cannabis Law Report

MAY 28, 2022

The tax structure approved by county voters in 2018 sets a four percent tax on gross sales revenues from cannabis cultivation, as reported every quarter to the county Treasurer-Tax Collector by the growers themselves. That “self-reporting” has led to some loss of tax revenues, county officials say, though they don’t know how much.

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Collective Cultivation Cannabis Business 52

Cannabis Law Report

JANUARY 9, 2022

Since 2014 when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. Colorado has a robust medical program, with about 1.6% Legalizing cannabis for adults has been a wise investment. of the population enrolled. 15,697,268.

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Collective Policy Retail Programs 52

SpeedWeed

JULY 19, 2021

The new law legalizes simple possession and home cultivation for adults 21 and over, seals some marijuana-related records, and creates a new independent state entity, the Cannabis Control Authority (CCA), to regulate the cannabis market. million in 2024 and $38.4 He has law degrees from Oxford University and Wake Forest University.

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Legalization Research and Development Safety Legislation 52

Cannabis Law Report

AUGUST 18, 2021

Simon, Tilray’s Chairman and CEO, said, “Backed by accelerating trends towards legalization globally, we are focused on building the world’s leading cannabis-focused consumer branded company with a goal of $4 billion of revenue by the end of our fiscal 2024. market when legalization allows.”. federal laws.

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Events Retail Research and Development Conditions 105

Cannabis Law Report

AUGUST 17, 2021

Simon, Tilray’s Chairman and CEO, said, “Backed by accelerating trends towards legalization globally, we are focused on building the world’s leading cannabis-focused consumer branded company with a goal of $4 billion of revenue by the end of our fiscal 2024. market when legalization allows.”. federal laws.

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Events Retail Research and Development Business 105

SpeedWeed

JULY 19, 2021

The new law legalizes simple possession and home cultivation for adults 21 and over, seals some marijuana-related records, and creates a new independent state entity, the Cannabis Control Authority (CCA), to regulate the cannabis market. million in 2024 and $38.4 He has law degrees from Oxford University and Wake Forest University.

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Research and Development Safety Cannabis Legislation 52

Peninsula Alternative Health

JUNE 12, 2023

This agency will build upon the existing medical cannabis program regulations and ensure health, safety, and security within the industry. What impact does adult-use legalization have on the medical cannabis program? The new adult-use legislation does not directly affect the medical cannabis program in Maryland.

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Legislation Packaging Edibles Concentrates 52

Peninsula Alternative Health

JUNE 12, 2023

This agency will build upon the existing medical cannabis program regulations and ensure health, safety, and security within the industry. What impact does adult-use legalization have on the medical cannabis program? The new adult-use legislation does not directly affect the medical cannabis program in Maryland.

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Legislation Packaging Edibles Concentrates 52

Cannabis Law Report

NOVEMBER 13, 2019

Europe, forecasted to be the world’s biggest legal cannabis market by 2024 will exceed North America, the dominant market today, according to Prohibition Partners. We gave the option to foreign companies to cultivate in Denmark.”. Heitmann admitted there were challenges connected to being the first-mover in Big Pharma.

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Clinical Trials Research and Development Cultivation Patients 78

Canna Law Blog

OCTOBER 28, 2019

However, AB 37 will provide at least some tax relief to California cannabis businesses (from 2020-2024). SB 34 creates better breaks for low-income medical patients that have a physician’s recommendation but that may not have an ID card from the Department of Public Health pursuant to the 2004 Medical Marijuana Program Act.

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Research and Development Programs Retail Vaping 50

Cannabis Law Report

AUGUST 30, 2019

Americans for Safe Access released its 2018-2019 State-of-the-State report examining state laws and regulations surrounding Patient Rights and Civil Protection from Discrimination, Access to Medicine, Ease of Navigation, Functionality of the Programs, and Consumer Safety and Provider Requirements.

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Banking Research and Development Legislation Programs 45

Kind Meds (Cannabis Education Blog)

FEBRUARY 7, 2022

Historical evidence suggests that humans worldwide have been cultivating and consuming cannabis for tens of thousands of years, but cannabis use has skyrocketed in recent years, especially in the US. Some states that have passed recreational or medical marijuana legislation are still negotiating the details for implementing these programs.

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Recreational Data DEA Cannabis 52

Veriheal

SEPTEMBER 22, 2021

If the proposal — which was sponsored by Rules Committee Chairman Bill Rabon (R) — is enacted into law, patients who are diagnosed with a “debilitating medical condition” could legally gain access to medical cannabis in North Carolina. Home cannabis cultivation, on the other hand, would be forbidden.

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SpeedWeed

FEBRUARY 27, 2021

Virginia lawmakers on Saturday narrowly approved compromise legislation legalizing a commercial recreational marijuana program that could generate nearly $1.5 1, 2024 start. 1, 2024 enactment date for the law. A scheduled 2024 market launch would be a year later than what Northam wanted. Cultivation facilities, 450.

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Recreational Legalization Marijuana Legislation 52

MJ Business Attorneys

DECEMBER 30, 2022

Voters in five states were asked to consider legalizing adult-use cannabis and two states, Missouri and Maryland, voted to approve implementing adult-use cannabis programs. million people between them, dramatically expanding the population of people with access to legal cannabis. Growth in Cultivation & Production.

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Cultivation Programs Cannabis Business 242

Cannabis Law Report

NOVEMBER 29, 2021

Numerous states in 2021 also enacted legislation expanding medical cannabis access and stimulating greater diversity among licensed marijuana businesses. “As With respect to medical cannabis policies, numerous legislatures took steps in 2021 to expand patients’ access to marijuana products. MEDICAL MARIJUANA ACCESS. California.

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Legislation Patients Retail Access 98

SpeedWeed

MARCH 2, 2021

Ralph Northam expected later this week, Virginia will become the 16th state to legalize cannabis for adult use—although legalization won’t actually take effect until 2024. Senate Bill 758 , which also passed through committee, would expand decriminalization and the expungement program from 3 grams of flower to an ounce.

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