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.

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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.

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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.

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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.

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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.

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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.”

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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.

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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.

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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.

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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

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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.

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The Blunt Truth

DECEMBER 29, 2023

Welcome back to The Year In Weed, The Blunt Truth’s annual roundup of cannabis-related stories. Last year , I predicted there would be no federal cannabis legalization, but that perhaps states would legalize. Virgin Islands legalized adult-use cannabis. March brought an election defeat for adult-use cannabis.

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Cannabis Law Report

NOVEMBER 7, 2019

7, 2019 /PRNewswire/ — Vireo Health International, Inc. (“Vireo” or the “Company”) (CNSX: VREO; OTCQX: VREOF), a leading physician-led, science-focused, multi-state cannabis company, today announced that it has named Bruce Linton to the role of Executive Chairman. MINNEAPOLIS, Nov. The third tranche of 2.5

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SpeedWeed

MARCH 15, 2021

Cannabis taxes can be a pain in the pocketbook, but they keep marijuana legal and well regulated. Adult-use states tend to tax non-medical cannabis at so-called sin tax rates, 20% to 35% and higher, much like alcohol. For others, a $50 or $100 med card renewal may save them thousands in adult-use cannabis excise taxes.

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Peninsula Alternative Health

JUNE 12, 2023

With the recent passage of House Bill 556 and Senate Bill 516 in Maryland, the legalization of adult-use recreational cannabis is set to begin on July 1, 2023. This landmark legislation, which was developed in response to the approval of Question 4 on the 2022 ballot, brings about significant changes to the cannabis industry in the state.

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Peninsula Alternative Health

JUNE 12, 2023

With the recent passage of House Bill 556 and Senate Bill 516 in Maryland, the legalization of adult-use recreational cannabis is set to begin on July 1, 2023. This landmark legislation, which was developed in response to the approval of Question 4 on the 2022 ballot, brings about significant changes to the cannabis industry in the state.

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Cannabis Law Report

JULY 8, 2021

The past decade or so has seen intense pressure on legislative bodies from across United States to legalise or decriminalise the use and possession of cannabis. Cannabis legalisation is the way of eliminating all legal barriers to its use. So yet, no state has legalised cannabis. Cannabis Use in the Public Eye.

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Cannabis Law Report

FEBRUARY 8, 2020

Cannabis sustainability has a long, winding road ahead before perceptible change occurs and progress slowly begins. As a society, we are obsessed with “ green ,” regardless of your definition: money, cannabis, recycling, or our politics. From patron to manufacturer, to dispensary what can they do? But are they?

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Cannabis Law Report

AUGUST 30, 2019

Ballot initiative campaigns to approve adult-use and medical cannabis, respectively, moved closer to appearing on the 2020 ballot in Arizona and Idaho, while a similar effort to put the issue of adult-use cannabis to Ohio voters has met with legal challenges from the State Election Board. The SAFE Banking Act (H.R.

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The Blunt Truth

JULY 16, 2020

Let’s start off with a look at Joe Biden – what’s the campaign’s view on cannabis legalization? Will Oklahoma enforce their medical cannabis rules? One of them is cannabis. The pandemic forced them to stop collecting signatures. How is the FDA handling the mislabeling of CBD products? and finally.

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The Blunt Truth

AUGUST 4, 2023

And finally, a former Minnesota governor looks to launch his own cannabis brand. John Hickenlooper (D-CO) reintroduced his Preparing Regulators Effectively for a Post-Prohibition Adult Use Regulated Environment (PREPARE) Act , in an effort to “prepare” the government for federal cannabis legalization.

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Cannabis Law Report

JUNE 30, 2019

In this week’s edition: The US House passes bipartisan measure to prevent the Department of Justice from interfering with state medical and adult-use cannabis laws. The Delaware Senate passes legislation making violation of cannabis consumption/possession laws by minors a civil rather than criminal infraction.

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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. Ned Lamont included adult-use cannabis in a Feb. With the signature of Gov. Who’s likely to follow Virginia? There are a number of serious contenders.

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