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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Collective Policy Retail Programs 52

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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Education Cannabis Collective Programs 98

Cannabis Law Report

FEBRUARY 19, 2022

Although there is no excise tax on medical cannabis, there is a medical cannabis special privilege tax of 4% of the gross receipts or gross proceeds derived from the sale of usable cannabis to be collected by cultivation facilities, dispensaries, or other cannabis businesses and remitted to the Department of Finance and Administration.

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Legalization Seed-To-Sale Programs Dispensary 97

Cannabis Law Report

FEBRUARY 8, 2020

Dayna Stein closes with a powerful statement: “ Our business is truly about community building and taking collective action.”. Then there’s the bursting cannabis industry, filled with all its technology and compliance –yet void of any measurable reduction in the collective carbon footprint. Terrapin Care Station.

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Packaging Vaping Collective Events 63

Peninsula Alternative Health

JUNE 12, 2023

The legislation outlines three separate rounds of licensing, with the first round scheduled for the fall of 2023 and the second round in 2024. ounces of cannabis flower, up to 15 grams of concentrate, and up to four cannabis plants per household for personal cultivation (four for medical patients and two for adult-use). ounces (oz).

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Legislation Packaging Edibles Concentrates 52

Peninsula Alternative Health

JUNE 12, 2023

The legislation outlines three separate rounds of licensing, with the first round scheduled for the fall of 2023 and the second round in 2024. ounces of cannabis flower, up to 15 grams of concentrate, and up to six cannabis plants per household for personal cultivation. Concentrated cannabis: Up to 12 grams (g). ounces (oz).

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Legislation Packaging Edibles Concentrates 52

Cannabis Law Report

AUGUST 15, 2022

Island”), a leading California producer of pre-rolls, flower and concentrate products. Today, the Company announces that it has signed a definitive agreement to acquire the Bloom Farms and Bloom Farms Wellness (collectively, “Bloom Farms”) brands, California cannabis and hemp brands known for bringing safe and enjoyable products to consumers.

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Retail Vaping Concentrates Cultivation 52

The Blunt Truth

DECEMBER 29, 2023

Kentucky governor Andy Beshear (D) signed a medical cannabis legalization bill, which allows edibles and concentrates, but draws the line at smokable products. 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.

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DEA Retail Legalization Food 52

Cannabis Law Report

SEPTEMBER 27, 2021

Flower One currently produces a wide range of products from flower, full-spectrum oils, and distillates to finished consumer packaged goods, including a variety of: pre-rolls, concentrates, edibles, topicals, and more for top-performing brands in cannabis.

Cultivation 52

Cultivation Events Media Business 52

Cannabis Law Report

DECEMBER 9, 2021

Flower One currently produces a wide range of products from flower, full-spectrum oils, and distillates to finished consumer packaged goods, including a variety of: pre-rolls, concentrates, edibles, topicals, and more for top-performing brands in cannabis.

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Cultivation Media Collective Business 40

SpeedWeed

MARCH 15, 2021

Generally, the higher the THC concentration, the higher the tax rate. So, rough total out the door, expect your cannabis leaf to be taxed at 16%, edibles at 26%, and concentrates at 31%. Learn more on the state’s Medical Marijuana Program website. Marijuana tax rates in Illinois. Marijuana tax rates in Virginia.

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Seed-To-Sale Marijuana Retail Programs 52

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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Concentrates Edibles Legislation Cannabis 98

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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Chronic Pain Recreational Patients Medicine 111

Greenspoon Marder Cannabis Law Group Blog

APRIL 19, 2021

Prior to July 1, 2024, however, only medical or retail transporters who qualify as social equity applicants may perform the act of delivery to consumers and patients.

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Marijuana Consumption Retail Business 76

Cannabis Law Report

AUGUST 30, 2019

Dubbed the the “Smart & Safe Arizona Initiative,” supporters of the effort must collect more than 237,645 valid signatures from voters by July 2, 2020, for the measure to be on the 2020 ballot. Advocates have until April 30, 2020, to collect more than 55,000 signatures. billion by 2024. percent on a dry weight basis.

Banking 45

Banking Research and Development Legislation Programs 45

Kind Meds (Cannabis Education Blog)

FEBRUARY 7, 2022

Virginia also legalized cannabis in 2021, but residents can expect to wait until 2024 before they can purchase cannabis products. Require the Bureau of Labor Statistics to collect data on industry demographics to ensure the participation of people of color and economically disadvantaged individuals.

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Recreational Data Cannabis DEA 52