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New York Approves 52 Adult-Use Conditional Cultivation Licenses

Cannabis Law Report

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. An adult-use conditional cultivator license is valid for no more than two years, expiring at the latest on June 30, 2024.

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Washington State Eliminates Medical Cannabis Taxation

Canna Law Blog

HB 1453 seeks to alleviate the unfair tax burden on medical cannabis patients and providers On March 6, 2024, the Washington Senate passed HB 1453 which will provide an exemption from the 37% excise tax for medical cannabis patients and designated providers. The bill now waits for signatures and executive action to become law.

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Cannabis Storage: Best Product Containers for Businesses

The Joint Blog

As the cannabis industry continues to burgeon, businesses must stay ahead of the curve in terms of product storage to ensure the longevity, potency, and regulatory compliance of their cannabis goods. In this comprehensive guide, we explore the latest and most effective cannabis storage containers for businesses in 2024.

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Another Tory Says Let’s Get A Move On With Cannabis – UK’s drug policy is “hopelessly out of date,”

Cannabis Law Report

Also, while the country’s market is about to reach £1 billion in value by 2024, “with the right regulatory framework, it could be greater.”. Dr Poulter, who recently became a non-executive director of Kanabo, is reminding the readership that an open medical cannabis market in the UK would create jobs and raise tax revenues.

Policy 105
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New Mexico and Virginia Legalize Cannabis for Recreational Use

The Blunt Truth

The term does not include industrial hemp, as defined in state law, that is grown, dealt, or processed in compliance with state or federal law, unless it has been acquired and formulated with cannabis plant extract by a pharmaceutical processor. Retail sales will not begin until January 1, 2024.

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Gov. Newsom’s Budget Trailer Bill Makes Significant Reforms to California Cannabis Laws, Including Elimination of the Cannabis Cultivation Tax

Cannabis Law Report

Beginning July 1, 2024, the LPA threshold requirement will be lowered from 20 to 10 non-management employees. The bill makes compliance with the terms of an LPA a condition of licensure and gives the DCC authority to suspend, revoke, place on probation or otherwise discipline and fine the licensee for noncompliance.

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GTEC Completes Rebrand to Avant Brands and Debuts on the Toronto Stock Exchange

Cannabis Law Report

Trading will commence on July 12, 2021. Concurrent with the graduation to the TSX, the Company also expects to change its name to “Avant Brands Inc.”. Graduating to the TSX highlights our growth and ability to execute.

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