Cannabis Law Report

SEPTEMBER 17, 2022

Florida-based cannabis giant Trulieve recently doubled its contribution to the Smart & Safe Florida political committee with another $5 million toward a 2024 ballot initiative to legalize adult-use cannabis. 1, 2024, with election officials needing 30 days to check signatures before that deadline.

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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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The Joint Blog

DECEMBER 19, 2023

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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Veriheal

FEBRUARY 5, 2024

Germany has plans to introduce cannabis to citizens, Maryland is creating a new psychedelic task force to study potential legalization, and Alaskans are considering psychedelics as an innovative new treatment for mental health issues. Follow along as we catch up on all of the cannabis and psychedelic news you may have missed last week.

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Cannabis Law Report

APRIL 17, 2022

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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Cannabis Life Network

JULY 5, 2023

Maryland has begun legal cannabis sales eight months after voters approved a ballot measure. The state gave medical cannabis dispensaries the green light to sell to the state’s new recreational customers. Other licenses will begin getting issued in 2024. ounces of cannabis.

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Veriheal

APRIL 5, 2022

The Illinois high court has rejected a request to permit further licensing for craft cannabis cultivators for the state’s adult-use marijuana program, which launched in January 2020. Craft cannabis cultivation typically involves growing cannabis in small batches, and the farming practices used are organic and sustainable.

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Canna Law Blog

MARCH 27, 2024

Despite continuously surpassing every other state with recreational cannabis in terms of total retail sales, California’s cannabis industry has faced continuous and far-reaching issues on multiple levels that have only spread even further.

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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.

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Veriheal

NOVEMBER 6, 2023

states and the District of Columbia currently have legal cannabis, medical or recreational. Despite this massive shift in cannabis policy, however, a few states are still dragging their feet on cannabis legalization. Idaho Idaho is one of the staunchest anti-cannabis states. Like Idaho, CBD with less than.3%

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Veriheal

APRIL 16, 2024

The cannabis market in the United States is booming, and jobs within the industry are increasing right along with it. A new report from Colorado-based marijuana staffing company Vangst and the analytics firm Whitney Economics discovered that cannabis-related jobs have increased about 5% over the last year, a slow but notable growth.

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Illinois News Joint

FEBRUARY 27, 2024

Revolution Maryville, owned and operated by Illinois-based cultivator Revolution Cannabis , opened its doors Feb. Revolution Maryville offers a timesaving online pre-ordering system, friendly and knowledgeable cannabis guides, a curated menu of premium products, and two conveniently located ATMs onsite. Louis areas.

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Cannabis Law Report

SEPTEMBER 8, 2019

billion in cannabis spending by 2024. projects as the leading marijuana market in the world by sales in 2024. is that cannabis stocks can still thrive even if the federal government doesn’t change its classification of marijuana from Schedule I. marijuana spending by 2024. billion by 2024.

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Illinois News Joint

JANUARY 29, 2024

With our educational Know Your Brand series, we are trying to let our readers and followers know about the many new brands and products coming to Illinois in 2024. One of those brands with new products is Cannect Wellness , a premium craft cannabis cultivator and product manufacturer. For Illinois News Joint reviews, visit here.

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Cannabis Law Report

FEBRUARY 21, 2022

As entrepreneurs and consumers eagerly await the implementation of New York’s adult-use program, lawmakers are taking steps to allow New York to effectuate its adult use cannabis program faster. Conditional Adult-Use Cultivator License. Such authority to minimally process and distribute cannabis products expires on June 1, 2023.

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Cannabis Law Report

JUNE 24, 2019

Arcview Market Research and BDS Analytics have published the seventh edition of their “State of Legal Cannabis Markets” report. cannabis sales surged by 20 percent in 2018 and are on track to jump by another 36 percent this year, the report said. 40B in sales by 2024. billion by 2024. US leads the way.

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Illinois News Joint

OCTOBER 11, 2023

La Shawn Ford introduced a new bill for cannabis transporting organizations in Illinois. Further, by providing for the conversion of third-party transporter licenses, fee waivers, and their promised share of the market, this legislation breaks down barriers minority-owned businesses are facing in Illinois’ cannabis industry.

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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. this year, and with cannabis in the picture, the outcome could be even better. In 2021, Luxembourg and Malta legalized home cannabis cultivation for personal use. billion for the economy.

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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. Removes language allowing the Department of Agriculture to authorize a decrease of flowering stage cultivation space used for cultivating specified plants.

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Veriheal

JANUARY 1, 2024

As debates heat up over recreational cannabis, all eyes turn to Ohio and its potential legalization. Once strictly prohibited nationwide, cannabis legislation has evolved remarkably across the U.S. For Ohio, sitting on the fence is becoming less tenable as neighboring states greenlight cannabis sales. in recent years.

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Canna Law Blog

APRIL 1, 2024

Though the cannabis industry is one of America’s most lucrative new industries — with estimates that it will reach approximately $58 billion in sales by 2028 — the markets in several recreational states are suffering severe financial harm. Its cannabis industry has been experiencing its own significant financial issues.

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Illinois News Joint

JUNE 6, 2023

A good indicator for gauging the state of a regulated cannabis industry is the attendance at the business-to-business conferences. The 2023 Illinois Cannabis Conference provided a clear sign that Illinois is poised for growth. For info on becoming a 2024 exhibitor contact john@necann.com.

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Canna Law Blog

OCTOBER 6, 2022

Czechia, officially known as the Czech Republic, may soon the join the growing list of European countries with legal adult-use cannabis. il is drafting the requisite legislation, which could be in place by 2024. The possession and cultivation of cannabis, under certain thresholds, was decriminalized in the Czech Republic in 2010.

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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.

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The Cannigma

SEPTEMBER 23, 2022

The next attempt to get medical marijuana on the ballot will likely be in 2024. In 2021, two bills were introduced to the Nebraska state government that would have legalized the use, possession, and sale of the cannabis plant. Nebraska’s stance on cannabis. Penalties for cannabis in Nebraska. Medical cannabis in Nebraska.

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Canna Law Blog

FEBRUARY 20, 2022

a temporary conditional adult-use processor license to process and distribute cannabis products. So today we take a closer look at this piece of legislation and how it would shape New York’s cannabis market if enacted. Why New York wants to let hemp licensees cultivate and process cannabis.

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Cannabis Law Report

AUGUST 12, 2019

Sydney startup Greenfield MC will launch a joint-venture business with US-listed company EPHS to cultivate medicinal cannabis in Australia, with Queensland’s Sunshine Coast a frontrunner for the operation. A study bankrolled by cannabis companies estimates the Asian market to be worth as much as US$5.8 billion by 2024.

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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.

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Cannabis Law Report

NOVEMBER 6, 2019

Prohibition Partners is proud to launch The Global Cannabis Report , the most comprehensive review of the international industry to date. KEY FINDINGS FROM THE REPORT INCLUDE: The global legal cannabis market is projected to be worth up to US$103.9 billion by 2024. billion by 2024. billion by 2024.

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The Blunt Truth

JUNE 13, 2022

Governor Kevin Stitt signed legislation enacting a moratorium on some new medical marijuana licenses, effective on August 1, 2022 and ending August 1, 2024. Governor Daniel McKee signed the Rhode Island Cannabis Act. Creates a three-member commission and cannabis office to implement and administer cannabis laws.

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Cannabis Law Report

JANUARY 23, 2020

Cannabis Catalysts write by way of an introduction. “After taking the first steps towards the liberalization of hemp cultivation over the course of the last few years, at the end of 2018 Thailand’s government decided to legalize medical cannabis as the first Southeast Asian country. CC INSIGHTS THAILAND MEDICAL CANNABIS.

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Veriheal

APRIL 16, 2021

New Yorkers are now free to enjoy the pleasures of cannabis, and the University of Connecticut launches cannabis cultivation courses for non-degree-seeking students. Virginia has moved up the date for adult-use cannabis legalization . And cannabis in New York has become unleashed . Learn more here! Next in news, .

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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

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.

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Illinois News Joint

FEBRUARY 2, 2024

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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Veriheal

NOVEMBER 28, 2022

With the dust settled and the votes all counted, it’s time to take a look at how cannabis fared in the 2022 midterm elections. The states that had cannabis measures on the ballot included Arkansas, Maryland, Missouri, North Dakota, and South Dakota. Arkansas voters rejected Issue 4, which would have legalized adult-use cannabis.

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Veriheal

OCTOBER 25, 2022

It was approved for the residential construction of buildings in 49 states by 2024. . According to Hempbuild Magazine, the approval of hempcrete buildings will be added as an appendix to the 2024 International Residential Code (IRC), which governs 49/50 American state residential building codes.

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