Illinois News Joint

APRIL 17, 2024

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for March 2024. March in-state resident sales totaled $114,458,207.57, and dispensaries sold 4,048,897 cannabis items, both of which also were the 2 nd highest monthly total since legalization. March: $148,872,065.12

Legalization 65

Legalization Collective Events Cannabis 65

Illinois News Joint

MARCH 14, 2024

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for February 2024. After a dip in out-of-state resident cannabis sales in January, out-of-state resident cannabis sales in February outpaced the previous month to push February’s overall total sales pass January.

Collective 71

Collective Events Cannabis Dispensary 71

Veriheal

FEBRUARY 15, 2024

When underground cannabis shops are raided, what happens to the products in the store? Ten Los Angeles-based cannabis businesses were recently raided. Collectively, the ten dispensaries owe more than $14.4 Collectively, the ten dispensaries owe more than $14.4 It will be held on February 16, 2024, at 777 W.

Collective 84

Collective Dispensary Cannabis Strains 84

Illinois News Joint

FEBRUARY 25, 2024

Senate Bill 1723 , which deals with several provisions for craft growers, recently moved from Executive to the Subcommittee on Cannabis. Lightford originally proposed the bill that amends the Cannabis Regulation and Tax Act on Feb. 2) During calendar year 2024, 60,000 grams per month. (3) Kimberly A.

Extraction 70

Extraction Agriculture Oil Cultivation 70

Canna Law Blog

MARCH 11, 2024

In November 2012, Washington voters approved the production, processing, and retail sales of recreational cannabis within Washington state under what is known as Initiative 502 (“I-502”). Cannabis sales in Washington state are currently taxed at a rate of 37%, in addition to the general state and local sales and use taxes.

Chronic Pain 104

Chronic Pain Recreational Patients Medicine 104

Cannabis Law Report

JANUARY 9, 2022

Legalizing cannabis for adults has been a wise investment. billion in tax revenue from legal, adult-use cannabis sales. billion in tax revenue from legal, adult-use cannabis sales. Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. Colorado (pop.

Collective 52

Collective Policy Retail Programs 52

Veriheal

APRIL 23, 2024

Cannabis use is increasing all around the world. These surveys explore the motivations and methods behind cannabis usage for both medical purposes and recreational enjoyment. In this piece, we aim to delve into the use of cannabis among Generation Z (those born between 1997 and 2012) for purposes of happiness, healing, and relief.

Chronic Pain 108

Chronic Pain Data Edibles Sleep 108

Veriheal

MAY 4, 2023

This is the projected figure for Europe’s cannabis market by 2027, based on recent estimates published by Prohibition Partners. These countries have the collective potential to spark economic transformation across the EU, which has been bludgeoned by financial downfalls since the COVID pandemic; GDP sunk 6.3% at the end of 2020.

Seed-To-Sale 70

Seed-To-Sale Supply Chain Recreational Hash 70

Veriheal

FEBRUARY 23, 2023

Cannabis legalization is a big hit! Despite what opponents of cannabis legalization have to say about it, it’s working. Cannabis legalization has increased job availability across many legal sectors of employment, including the agricultural industry. Americans have and continue to support cannabis legalization.

Cultivation 85

Cultivation Dispensary Agriculture Supply Chain 85

Illinois News Joint

JUNE 16, 2023

Bob Morgan introduced HB1189 , which would have refunded the excess money from the Compassionate Use of Medical Cannabis Fund back to registered medical cannabis patients in Illinois. The $40,000,000 transferred from the Compassionate Use of Medical Cannabis Fund into Cannabis Business Development Fund was increased from $12,000,000.

Research and Development 80

Research and Development Business Patients Cannabis 80

Canna Law Blog

JUNE 23, 2023

New York State’s recently passed 2024 budget includes many cannabis-related provisions, addressing enforcement, licensure, and penalties, with the goal of curbing the state’s illicit marijuana market. New power for the DOF to fine cannabis dealers who aren’t paying the proper state taxes. A new tax fraud crime.

Concentrates 90

Concentrates Edibles Legislation Cannabis 90

Illinois News Joint

MARCH 21, 2023

Several “cannabis craft grow” bills that would amend the Cannabis Regulation and Tax Act were re-referred to the Illinois House and Senate Rules Committees March 10. Prohibits cannabis product advertising from describing or referencing a cannabis product as “craft” unless the cannabis product is produced by a craft grower.

Oil 72

Oil Cultivation Agriculture THC 72

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. The 15% excise tax on cannabis sales would remain, and the collection and remittance of that tax would be limited to retail sales beginning January 1, 2023.

Legalization 52

Legalization Collective Education Cultivation 52

Cannabis Law Report

MAY 13, 2022

Good afternoon, The Governor’s Office today released a revised 2022-23 state budget proposal, building on the state’s ongoing work to make historic investments in California’s future, including efforts to create a safe, sustainable, and equitable legal cannabis market. million to help expand access to legal retail throughout California.

Supply Chain 52

Supply Chain Collective Retail Programs 52

Canna Law Blog

MAY 2, 2023

On April 20, my colleague Hilary Bricken wrote a post entitled, “ Cannabis Collections Headaches and What to Do.” ” In it, she discussed a problem that’s been plaguing California cannabis businesses throughout: distributors and retailers that don’t pay their bills. Let’s unpack.

Collective 84

Collective Cannabis Retail History 84

The Blunt Truth

SEPTEMBER 8, 2023

And finally, could we have a new slang term for cannabis? SOUTH DAKOTA This week, South Dakota’s Attorney General released a final explanation of the adult-use cannabis legalization measure. This action allows proponents of the measure to begin collecting signatures. Could “waffles” be a new one? at Niagara Falls.

Legalization 97

Legalization Collective Legislation Business 97

Veriheal

JANUARY 15, 2024

The student, who reportedly purchased the cannabis legally in Thailand, claimed that he was unaware of Indonesia’s drug possession laws. Moving Forward The United Nations will revisit the 2019 Ministerial Declaration in 2024. In December 2021, Malta became the first European nation to legalize cannabis.

Policy 115

Policy Research and Development Collective Law 115

Illinois News Joint

APRIL 2, 2023

One of the comments we get most, especially after publishing monthly cannabis sales totals, is, “Where’s all that tax money going?” According to the CROO website, the Illinois Department of Revenue posts monthly updates how the Cannabis Regulation Fund gets distributed. For more Illinois cannabis industry news, visit here.

Education 84

Education Cannabis Collective Programs 84

Cannabis Law Report

MAY 9, 2019

They write: Key findings from the report include: The Asian cannabis market is expected to be worth $US8.5 billion by 2024 if both medical and recreational cannabis are legalised across a number of key markets. China and Japan represent Asia’s two largest-value medicinal cannabis markets, worth almost US$4.4 Reports.

Collective 45

Collective Consumption Medicine Recreational 45

Cannabis Law Report

JULY 11, 2022

AB-195 contains several significant reforms to California’s cannabis laws. The most noteworthy changes are outlined below, beginning with the much-anticipated changes to cannabis taxes. California Cannabis Cultivation Tax Eliminated. The budget trailer bill eliminated the cannabis cultivation tax beginning July 1, 2022.

Cultivation 52

Cultivation Law Collective Retail 52

Canna Law Blog

NOVEMBER 16, 2022

It’s no secret that, among California’s many cannabis industry issues, local control continues to stymie the success of the Golden State’s industry. In this, California is not alone– most cannabis is all local. Back in August, I wrote about the cannabis tax measure in L.A. That’s a good thing.

Retail 79

Retail Cultivation Business Programs 79

Cannabis Law Report

DECEMBER 4, 2021

Cannabis tax revenue generated more than $2 billion in the U.S. This year, five states—New York, New Jersey, Connecticut, Virginia and New Mexico legalized recreational pot, bringing to 18 the number of states enacting law to regulate and tax cannabis for adult use. Fortune reports. For now, U.S. municipalities are swimming in cash.

Packaging 52

Packaging Banking Collective Recreational 52

Veriheal

DECEMBER 15, 2023

Colorado recently passed legislation allowing for “healing centers” utilizing shrooms to start opening as soon as 2024, and Oregon is trending in a similar direction. The post MAPS Is Pushing For FDA Approval Of MDMA-Assisted Therapy appeared first on Cannabis Central.

Therapy 89

Therapy Decriminalization Treatment Pharmaceutical 89

Veriheal

JUNE 12, 2023

Meanwhile, a Denver cannabis enthusiast and Nuggets fan is working on two new cannabis cultivars that will get folks as elevated as the Nuggets are in the NBA finals. These special genetics are being bred to perfection by horticulturist and co-founder of Colorado’s Cherry Cannabis, Jason MacLean.

Strains 97

Strains Treatment Programs Policy 97

SpeedWeed

SEPTEMBER 8, 2021

The largest legal cannabis market in the world just had the best quarter on record. billion in taxable cannabis sales and $333.2 His Santa Barbara-based operation encompasses more than a half a million square feet of sustainably grown, craft-at-scale cannabis. billion in cannabis excise tax, $347.4 Bringing in $40.4

Collective 88

Collective Programs Supply Chain Cultivation 88

Veriheal

SEPTEMBER 21, 2021

Yahoo Finance has compiled a list of the most valuable cannabis companies in the world and has explained that the recreational market is “outpacing” the medicinal one as the “world public opinion towards the consumption of weed is changing.” That being said, let’s have a look at the most valuable cannabis companies. . billion in 2020.”

Recreational 94

Recreational Medicine Edibles Cannabis 94

Cannabis Law Report

JULY 19, 2021

Virginia is committed to legalizing cannabis the right way—by learning from other states, by listening to public health and safety experts, and by centering social equity,” said Governor Northam. Cannabis Control Authority (CCA). Board members cannot have financial interests in the cannabis industry. million in 2024 and $38.4

Legalization 105

Legalization Research and Development Safety Advocacy 105

Cannabis Law Report

FEBRUARY 19, 2022

While cannabis legalization moves full steam ahead through much of the Northeast, the southeastern U.S. These states haven’t made major headlines for their progressive cannabis policies, but together they constitute a major market that has, nevertheless, dipped its toe in the water. has been notably slow to uptake major reforms.

Legalization 97

Legalization Seed-To-Sale Programs Dispensary 97

SpeedWeed

SEPTEMBER 14, 2021

Virginia cannabis law went into effect on July 1, 2021, and in a little over two months since that starting date, the county of Richmond has experienced a shocking decrease in cannabis-related arrests. . According to the Richmond Times-Dispatch , cannabis arrests have decreased by 90 percent in the state’s capitol. Shutterstock.

Legalization 66

Legalization Data Law Cannabis 66

Cannabis Law Report

JUNE 6, 2022

But with only 180 days to gather enough signatures to put it on the 2022 ballot, the group spearheading the Initiative announced they would instead seek to put the Initiative on the 2024 ballot. We’ll see ya at the polls in 2024. We’ll see ya at the polls in 2024. Decriminalizing Mushroom and Plant Psychedelics and HR.

Decriminalization 52

Decriminalization Collective Policy Conditions 52

The Blunt Truth

APRIL 20, 2021

Following closely on the heels of both New York and New Jersey enacting recreational cannabis laws, New Mexico and Virginia have enacted their own laws allowing adults to use cannabis for recreational purposes. Virginia went further by enacting the first law providing employment protections to individuals using cannabis oil.

Recreational 77

Recreational Legalization Oil Extraction 77

Cannabis Law Report

JUNE 1, 2021

The initial shipment is designated to be used by the Clinic in a pilot run in preparation for the previously announced study , based out of the United Kingdom, on the safety and efficacy of cannabis and hemp for the treatment of patients suffering from chronic pain. billion, servicing nearly 340,000 active patients. About RYAH Group, Inc.

Clinical Trials 89

Clinical Trials Chronic Pain Data Research and Development 89

SpeedWeed

AUGUST 29, 2021

Enough signatures were submitted by Colorado advocates to get Initiative 25 onto the ballot this November, which, if passed, would increase recreational cannabis tax percentages and fund “out-of-school learning opportunities” for children and youth. If approved, it would further increase the tax to five percent by 2024.

Education 53

Education Programs Recreational History 53

Cannabis Law Report

MAY 28, 2022

Amid plummeting prices for cannabis “flower” in the Golden State, Santa Barbara County is likely to collect only $10.8 million in cannabis tax revenues this fiscal year, or 40 percent less than the $18.4 It’s the second time the CEO has been forced to lower the county’s cannabis tax projections for 2021-22.

Collective 52

Collective Cultivation Cannabis Business 52

Cannabis Law Report

JUNE 23, 2021

Medicann is a premier cannabis-specialized clinic, providing patients with access to local specialist doctors and pharmacists that have experience prescribing cannabis-based medication. a global leader in the cannabis industry serving both medical and consumer markets and dedicated to helping people improve their lives.

Programs 100

Programs Data Events Collective 100

LifeCannMD

JULY 8, 2021

The cannabis industry may finally have found a partner in the major league sports arena. Though the NFL generates $15-$18 billion annually, the cannabis industry in the United States is estimated to be valued at pumping $130 billion on an annual basis into the U.S. economy by 2024. And does it work?

Cannabinoids 52

Cannabinoids Chronic Pain CBD Treatment 52

Veriheal

SEPTEMBER 9, 2021

The cannabis industry has been on a progressive incline for the last few years and 2021 is no exception. In fact, this year looks set to be one of the most successful years for cannabis reform in the United States so far. . Collectively, the four aforementioned newly legal states are projected to earn $4.5

Legalization 103

Legalization Recreational Business Retail 103