Remove 2024 Remove Collective Remove Concentrates Remove Cultivation
article thumbnail

New York Office of Cannabis Management Gets New Enforcement Powers

Canna Law Blog

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.

article thumbnail

Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

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%

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Status of Cannabis Legalization in the South

Cannabis Law Report

The law provides for up to 12 cultivator licenses, up to four processor licenses, up to four dispensary licenses, and up to five integrated facility licenses. The law provides for at least 20 to 40 dispensary licenses (there are currently 33) and four to eight cultivation facility licenses.

article thumbnail

4Front Ventures Reports Second Quarter 2022 Financial Results

Cannabis Law Report

As the construction of Phase 1 of our Illinois cultivation and production facility nears completion, we are looking to expand our retail footprint in the state over the coming months in preparation for that facility to commence operations in 2023.”. Island”), a leading California producer of pre-rolls, flower and concentrate products.

Retail 52
article thumbnail

Flower One Issues Common Shares in Satisfaction of Interest Payment Under Its Convertible Debentures

Cannabis Law Report

Flower One is the largest cannabis cultivator, producer, and full-service brand fulfillment partner in the state of Nevada. The issuance of the Common Shares in lieu of cash is subject to the terms and conditions of the indentures as well as the receipt of all requisite approvals, including, without limitation, the approval of the CSE.

article thumbnail

Flower One Announces Closing of its Non-Brokered Private Placement

Cannabis Law Report

Flower One” or the “Company”) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), the leading cannabis cultivator and producer in Nevada, is pleased to announce that it has closed the first tranche of its non-brokered private placement (the “Private Placement”), raising aggregate gross proceeds of US$5M. About Flower One Holdings Inc.

Events 52
article thumbnail

New Denver Marijuana Ordinances – Major Changes for License Holders

Greenspoon Marder Cannabis Law Group Blog

Denver’s moratorium on licensing new medical marijuana stores and medical marijuana cultivation facilities will continue in effect upon signing of the omnibus bill. 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.