Remove 2024 Remove Cannabis Remove Compliance Remove Cultivation
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You Own a Cannabis Business? 6 Packaging Trends in 2024

The Joint Blog

In the dynamic and rapidly expanding world of cannabis, where innovation and adaptability are paramount, packaging trends are instrumental in defining a brand’s identity and consumer experience. As the year 2024 approaches, cannabis businesses must not only adapt to a new business landscape but also triumph over their competition.

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New York Approves 52 Adult-Use Conditional Cultivation Licenses

Cannabis Law Report

Yesterday, the Cannabis Control Board approved 52 adult-use conditional cultivation licenses , which means the approved businesses can start growing cannabis for the upcoming adult-use market. Licensees can start growing cannabis outdoors or in a greenhouse with up to 20 artificial lights. Proposed Cannabis Banking Bill.

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Gov. Newsom’s Budget Trailer Bill Makes Significant Reforms to California Cannabis Laws, Including Elimination of the Cannabis Cultivation Tax

Cannabis Law Report

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.

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Illinois adopts new craft grow canopy rules

Illinois News Joint

The Illinois General Assembly Joint Committee on Administrative Rules (JCAR) today announced adopted amendments to the Cannabis Regulation and Tax Act , effective Jan. For more Illinois cannabis industry news, visit here. To find cannabis-friendly events in Illinois, visit here. For Illinois News Joint reviews, visit here.

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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. 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.

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Craft growers can now submit for canopy expansion

Illinois News Joint

The Illinois Department of Agriculture (IDOA) and Division of Cannabis Regulation today announced that , effective immediately, Illinois licensed craft growers may submit an application to the IDOA for a canopy modification expansion in 3,000, 6,000, and 9,000 square foot increments up to a maximum of 14,000 square feet. Sangamon Ave.

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Cannabis Banking Today

Canna Law Blog

We are helping build out another cannabis banking program here in Oregon. MRB defined The term “MRB” is used pervasively in cannabis banking, yet this term is not defined in the moldering 2014 Financial Crimes Enforcement Network “FinCEN” Guidance. And I apologize in advance for all the acronyms. That’s banking.

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