Illinois News Joint

APRIL 17, 2024

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for March 2024. 2024 total monthly sales include: January: $133,787,753.89 These figures do not include taxes collected. 2024 total monthly sales include: January: $133,787,753.89 February: $135,571,931.44

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United Patients Group

JANUARY 4, 2024

As we move forward into 2024 and beyond, the sector offers diverse paths beyond direct patient care. In this article, we explore seven compelling non-clinical healthcare jobs poised to thrive in 2024 and beyond. In the dynamic healthcare industry, career opportunities extend beyond clinical practice.

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Veriheal

FEBRUARY 15, 2024

Collectively, the ten dispensaries owe more than $14.4 The Los Angeles Police Department collected bongs, cannabis manufacturing equipment, and furnishings including a snow cone machine, artwork, TVs, cameras, a refrigerator, and other miscellaneous office supplies. It will be held on February 16, 2024, at 777 W.

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Illinois News Joint

MARCH 14, 2024

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for February 2024. 2024 total monthly sales include: January: $133,787,753.89 These figures do not include taxes collected. 2024 total monthly sales include: January: $133,787,753.89 February: $135,571,931.44

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Medical Marijuana Program Connection

JANUARY 10, 2024

–(BUSINESS WIRE)–Beginning in January 2024, natural medicine research nonprofits Realm of Caring, Unlimited Sciences and Lily’s Lighthouse will collaborate to collect data for an observational study on the efficacy of functional mushrooms in treating epilepsy. COLORADO SPRINGS, Colo.–(BUSINESS

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Illinois News Joint

FEBRUARY 25, 2024

Another provision requires the Illinois Department of Agriculture to issue an additional 30 craft grower licenses on or before May 1, 2023 and an additional 30 craft grower licenses on or before September 1, 2024 under specified conditions. 2) During calendar year 2024, 60,000 grams per month. (3)

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Cannabis Law Report

JANUARY 9, 2022

Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. local sales tax on adult-use cannabis and has collected $237.5 From February 2017 through August 2021, the local taxes collected totaled $86.1 The city of Denver, for example, applies an additional 5.5%

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Canna Law Blog

MARCH 11, 2024

The LCB is also tasked with administering and collecting excise taxes concerning the retail sale of cannabis concentrates, useable cannabis, and cannabis-infused products within the state. 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.

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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. There is hope for the future, but rescheduling MDMA and subjecting it to rigorous testing and policy considerations are still necessary steps.

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Veriheal

MAY 4, 2023

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% In Germany, legal recreational cannabis sales are slated to launch by the end of 2024. at the end of 2020. billion) by 2027.

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Veriheal

JANUARY 15, 2024

Moving Forward The United Nations will revisit the 2019 Ministerial Declaration in 2024. European states appear to be changing their collective minds about cannabis. The 2019 Ministerial Declaration is a continuous plan to keep drug policy commitments by states in the UN.

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The Blunt Truth

SEPTEMBER 8, 2023

This action allows proponents of the measure to begin collecting signatures. If they are successful, the measure would appear on the November 2024 ballot, and a simple majority would be required for passage. The draft explanation received several comments, which were reviewed prior to drafting the final measure.

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Cannabis Law Report

MAY 16, 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. Gavin Newsom introduced proposed revisions to his 2022-2023 budget proposal, which would eliminate the cannabis cultivation tax rate beginning July 1, 2022. per ounce of flower, $3.00

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Veriheal

FEBRUARY 23, 2023

Flowhub says, “Nearly $3 billion in retail cannabis taxes were collected in 2022.” The 2024 election year is quickly approaching, and with some luck, we’ll finally see an end to federal marijuana prohibition. Cannabis legalization generates massive amounts of revenue. That $3 billion is only the tip of the iceberg.

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Cannabis Law Report

MAY 13, 2022

Shifting the point of collection and remittance for excise tax from distribution to retail on January 1, 2023, maintaining a 15 percent excise tax rate. Strengthening tax enforcement policies to increase tax compliance and collection and reduce unfair competition. million to help expand access to legal retail throughout California.

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Cannabis Law Report

MAY 9, 2019

billion by 2024 if both medical and recreational cannabis are legalised across a number of key markets. billion to China and US$800 million to Japan by 2024; collectively they would account for an estimated 90% share of the market. China and Japan represent Asia’s two largest-value medicinal cannabis markets, worth almost US$4.4

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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. Several of the new enforcement tools at OCM’s enforcement disposal include: Issuing civil fines for unlicensed sellers.

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Illinois News Joint

MARCH 21, 2023

Provides that the Cannabis Cultivation Privilege Tax shall not be assessed against or collected from specified craft growers until 2 years after the date the craft grower was awarded a license.” The follow set of intertwining bills includes Senate Bill 1723 , House Bill 0031 , and House Bill 0030.

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Illinois News Joint

JUNE 16, 2023

The signing of the final budget ensured that no medical cannabis patient would receive refunds, as HB1189 proposed, “on June 30, 2024 or June 30 of any subsequent year.” The $40,000,000 transferred from the Compassionate Use of Medical Cannabis Fund into Cannabis Business Development Fund was increased from $12,000,000.

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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.

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Cannabis Law Report

DECEMBER 4, 2021

States and cities collected $350 billion from the COVID-19 stimulus package to spend on everything from subsides for low income renters to pay increases for teachers. Municipalities must commit the stimulus money by 2024, and spend it by 2026. For now, U.S. municipalities are swimming in cash.

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Cannabis Law Report

JULY 11, 2022

Any cultivation tax collected on cannabis that enters the commercial market on or after July 1, 2022, must be returned to the cultivator that initially paid the cultivation tax or, if unable to be returned to the cultivator, must be paid to CDTFA as excess tax. Labor Peace Agreements (LPAs). Benefits for Social Equity Cannabis Businesses.

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Canna Law Blog

MAY 2, 2023

On April 20, my colleague Hilary Bricken wrote a post entitled, “ Cannabis Collections Headaches and What to Do.” What AB 766 would do AB 766 would apply only to sales made after January 1, 2024. AB 766 also does not apply to excise tax collection. Let’s unpack.

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Canna Law Blog

NOVEMBER 16, 2022

Interestingly, San Diego County has a somewhat bizarre cannabis ordinance in that only medical cannabis collectives, commercial cannabis microbusinesses, and commercial cannabis retailers can operate (and no new operating certificates have been allowed to issue after April 14, 2017). million people. And, like L.A.

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SpeedWeed

SEPTEMBER 8, 2021

They could also drastically simplify the tax collection process and make it harder to cheat, which will raise tax revenue, by moving the tax collection all to the point of sale. million during the second quarter of 2021, California’s cultivation tax represented roughly 12% of the state’s total cannabis tax collected from that period.

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Cannabis Law Report

JUNE 1, 2021

Given the size and scale of the study, RYAH has developed a custom software solution, using OAuth API-integration to protect the privacy of the participants in the study, with the goal of enabling a fully integrated, patient feedback and data collection capability. billion, servicing nearly 340,000 active patients.

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Illinois News Joint

APRIL 2, 2023

Taxes from adult use cannabis sales, including wholesale taxes and retail taxes at dispensaries, get collected into the Cannabis Regulation Fund, which are then distributed by statute and spent by the fiscal year budget. First, the money flows to administrative expenses by the State agencies implementing cannabis.

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Veriheal

JUNE 12, 2023

This would be thanks to the Collective Bargaining Act between the National Basketball Players Association (NBPA) and the NBA. If ratified as it is expected to be, the new CBA will take effect in the 2023-2024 season and remain in place until at least 2029.

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Cannabis Law Report

NOVEMBER 3, 2021

This collectively brings the Company’s total clinic count to 15 globally. Even though Germany will continue to dominate the European market for medical cannabis until at least 2024, industry consultants Prohibition Partners expect the UK medical cannabis market to show the most significant growth of any country in Europe by 2025.

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Cannabis Law Report

JUNE 23, 2021

Medicann is launching an observational study using RYAH Smart Dry Herb Inhalers in order to collect patient feedback on consumption of cannabis strains available on the Island, including strains supplied by Aurora Europe , a subsidiary of Canadian-headquartered Aurora Cannabis Inc., In 2019, the island’s economy grew by 2.1%

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Veriheal

SEPTEMBER 21, 2021

include Beboe, Dogwalkers, Dr. Solomon’s, Incredibles, Rhythm, and The Feel Collection. Apparently, the cannabis market is projected to reach over $63 billion by 2024. . This company’s market capitalization is $9.278 billion and is responsible for manufacturing and distributing cannabis in the medical and recreational markets.

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Veriheal

SEPTEMBER 9, 2021

Collectively, the four aforementioned newly legal states are projected to earn $4.5 Municipalities that permit recreational cannabis sales would also collect a 3% sales tax. With a recreational cannabis market geared up for launch on January 1, 2024, Virginians have a lot to look forward to. Fundamental Social Equity Provisions.

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Cannabis Law Report

JULY 19, 2021

Creighton of Richmond, Co-Founder, The Jackson Ward Collective. million in 2024 and $38.4 Shane Emmett of Midlothian, Co-Founder and Former Chief Executive Officer, Health Warrior. Cannabis Equity Reinvestment Board. The new law dedicates 30 percent of tax revenue from cannabis sales. This is predicted to be $7.8

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SpeedWeed

SEPTEMBER 14, 2021

During the first seven weeks of the law’s enactment (with data collected from July 1 to August 20), reports show that there were 20 arrests in Chesterfield, two in Henrico, zero in Hanover and three in Richmond for a total of 25 arrests. In July and August of 2020 , there were 257 arrests.

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Medicinal Genomics

JANUARY 10, 2024

In addition, attendees will be able to collect stamps from each exhibitor’s tiki stand to earn entry into a drawing for exclusive prizes. Take a look at the schedule of events , and explore the website to learn more about what makes CannMed the can’t miss cannabis event of 2024!

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The Blunt Truth

DECEMBER 29, 2023

Also, the NBA agreed to players investing in the cannabis industry as part of a new collective bargaining agreement. Watch for updates on this story in 2024. Which brings us to June , when Minnesota legalized adult-use cannabis, bringing the number of fully-legal states to 23. Spoiler alert: that number will change!

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SpeedWeed

AUGUST 29, 2021

If approved, it would further increase the tax to five percent by 2024. The most recent reports of the state’s collection reveal that Colorado has surpassed over $10 billion in total sales so far. According to state analysts , the tax hike would help the state bring in an extra $137.6 million per year.

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