Cannabis Law Report

JANUARY 9, 2022

Legalizing cannabis for adults has been a wise investment. Since 2014 when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. billion in tax revenue from legal, adult-use cannabis sales. Here’s what they say.

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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 2021, Luxembourg and Malta legalized home cannabis cultivation for personal use. at the end of 2020. billion) by 2027. billion) by 2027.

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Canna Law Blog

FEBRUARY 20, 2024

Throughout the course of both of his initial candidacy and eventual presidency, the businessman-turned-reality TV star-turned-President and Republican frontrunner for the 2024 election, Donald Trump, had a rollercoaster of a political relationship with cannabis reform. Which we have already noted as a failure to lead.

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Cannabis Law Report

AUGUST 18, 2021

As we previously reported , on February 22, 2021, New Jersey Governor Phil Murphy signed three separate cannabis reform bills into law ( NJ A21 , NJ A 1897 , and NJ A5342/NJ S3454 ), formally legalizing the use and possession of recreational marijuana in the Garden State. Other jurisdictions are catching up to the marijuana law frenzy.

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SpeedWeed

SEPTEMBER 14, 2021

The new law legalizes cannabis possession up to one ounce, as well as cultivation of up to four personal plants per household, but requires that the grower tags their plants with their driver’s license/ID and a note saying that they are being grown for personal use. In July and August of 2020 , there were 257 arrests.

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SpeedWeed

SEPTEMBER 8, 2021

The largest legal cannabis market in the world just had the best quarter on record. Yes, the legal market appears to be picking up steam, said Graham Farrar, the co-founder and president of Glass House Brands. And, yes, there are more and more legal cannabis consumers participating in California, he said. Bringing in $40.4

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Cannabis Law Report

MAY 13, 2022

Good afternoon, The Governor’s Office today released a revised 2022-23 state budget proposal, building on the state’s ongoing work to make historic investments in California’s future, including efforts to create a safe, sustainable, and equitable legal cannabis market. million to help expand access to legal retail throughout California.

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The Blunt Truth

APRIL 20, 2021

Beginning on July 1, 2021, the Virginia Cannabis Control Act (CCA) will allow those 21 years of age or older to possess up to one ounce of cannabis and to cultivate up to four cannabis plants per household for personal use. Retail sales will not begin until January 1, 2024. Next Steps for Employers.

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Canna Law Blog

AUGUST 30, 2023

High taxes , a staggering credit crunch and collections problems , receiverships , rampant local prohibition, overregulation by the state, and the raging illegal market are just a few. It was one of the first local governments to regulate cannabis farmers in the state post-legalization back in 2018.

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Canna Law Blog

NOVEMBER 16, 2022

However, when the majority of cities and counties end up banning cannabis businesses, the illegal market rages on and legal access becomes a problem. 10 cultivation (indoor or mixed light only). Cultivation : $7/sf of canopy (indoor artificial light). $4/sf Cultivation : $10/sf of canopy (indoor artificial light). $7/sf

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Veriheal

JUNE 12, 2023

Jason MacLean isn’t new to cannabis cultivation and genetic breading. He has been immersed within the cannabis community in Denver for over 15 years, working as a horticulturist and cultivator. And he also led the efforts that granted Cherry the Best Wholesale Cultivation award in the 2021 Best of Denver awards.

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Peninsula Alternative Health

JUNE 12, 2023

With the recent passage of House Bill 556 and Senate Bill 516 in Maryland, the legalization of adult-use recreational cannabis is set to begin on July 1, 2023. In this blog post, we will address some of the key questions surrounding the new legislation to help you navigate the world of legalized adult-use cannabis in Maryland.

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Peninsula Alternative Health

JUNE 12, 2023

With the recent passage of House Bill 556 and Senate Bill 516 in Maryland, the legalization of adult-use recreational cannabis is set to begin on July 1, 2023. In this blog post, we will address some of the key questions surrounding the new legislation to help you navigate the world of legalized adult-use cannabis in Maryland.

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Veriheal

SEPTEMBER 21, 2021

that have legalized both medical and recreational cannabis, while an additional 18 have legalized medicinal use of cannabis only. include Beboe, Dogwalkers, Dr. Solomon’s, Incredibles, Rhythm, and The Feel Collection. has 126 dispensaries and 22 cultivation facilities across 11 states. The Top Valuable Cannabis Companies.

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SpeedWeed

JULY 19, 2021

RICHMOND, Virginia, July 19, 2021 – PRESS RELEASE— Governor Ralph Northam announced appointments to the three newly-created boards responsible for overseeing the legalization of recreational cannabis in the Commonwealth. The Cannabis Control Authority (CCA) is the regulatory agency for the legal cannabis market in Virginia.

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SpeedWeed

MARCH 2, 2021

Ralph Northam expected later this week, Virginia will become the 16th state to legalize cannabis for adult use—although legalization won’t actually take effect until 2024. At least 12 state legislatures have recreational legalization measures on the table right now, which is a typical number for this time of year.

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Cannabis Law Report

MAY 28, 2022

Amid plummeting prices for cannabis “flower” in the Golden State, Santa Barbara County is likely to collect only $10.8 The tax structure approved by county voters in 2018 sets a four percent tax on gross sales revenues from cannabis cultivation, as reported every quarter to the county Treasurer-Tax Collector by the growers themselves.

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Kind Meds (Cannabis Education Blog)

FEBRUARY 7, 2022

Historical evidence suggests that humans worldwide have been cultivating and consuming cannabis for tens of thousands of years, but cannabis use has skyrocketed in recent years, especially in the US. Modern societies continue to do so at high rates, both in areas where it has been legalized and those where it remains outlawed.

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Cannabis Law Report

AUGUST 18, 2021

Cannabis Market Upon Federal Legalization. cannabis legalization (or Tilray’s waiver of such condition).In cannabis legalization (or Tilray’s waiver of such condition).In market when legalization allows.”. Here’s the announcement. Tilray Acquires Majority Position in Amended MedMen Convertible Notes. Prior to U.S.

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Cannabis Law Report

AUGUST 17, 2021

Cannabis Market Upon Federal Legalization. cannabis legalization (or Tilray’s waiver of such condition).In federal legalization of cannabis, and subject to compliance with applicable laws and stock exchange rules, MedMen will actively explore opportunities to expand MedMen’s footprint across international markets. Prior to U.S.

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Greenspoon Marder Cannabis Law Group Blog

APRIL 19, 2021

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.

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SpeedWeed

JULY 19, 2021

RICHMOND, Virginia, July 19, 2021 – PRESS RELEASE— Governor Ralph Northam announced appointments to the three newly-created boards responsible for overseeing the legalization of recreational cannabis in the Commonwealth. The Cannabis Control Authority (CCA) is the regulatory agency for the legal cannabis market in Virginia.

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Cannabis Law Report

AUGUST 30, 2019

Ballot initiative campaigns to approve adult-use and medical cannabis, respectively, moved closer to appearing on the 2020 ballot in Arizona and Idaho, while a similar effort to put the issue of adult-use cannabis to Ohio voters has met with legal challenges from the State Election Board. Governor Ducey (R-AZ) opposes legalization.

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Cannabis Law Report

JUNE 30, 2019

The House Committee on Veterans’ Affairs discussed legislation last week that would allow doctors at the US Department of Veterans Affairs (VA) to issue medical cannabis recommendations in states where it’s legal. Pritzker (D) signed the state’s cannabis legalization legislation during a ceremony on Tuesday June 25.

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SpeedWeed

MARCH 15, 2021

Cannabis taxes can be a pain in the pocketbook, but they keep marijuana legal and well regulated. Additionally, dispensaries pay a 4% privilege tax when they purchase products from cultivators. . Wholesale: The excise tax on cultivators is $335 per pound of flowers, $94 per pound for trim, $1.50 Marijuana tax rates in Utah.

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