Cannabis Law Report

MAY 16, 2022

Gavin Newsom introduced proposed revisions to his 2022-2023 budget proposal, which would eliminate the cannabis cultivation tax rate beginning July 1, 2022. Currently, the cultivation tax rates are $10.08 per ounce of fresh cannabis plant, and these taxes are paid on all recreational and medicinal cultivation of cannabis.

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Medicinal Genomics

JULY 13, 2023

Watch Dr. Goldstein’s Presentation Cultivation expert, Soren Seifi, Ph.D., The production company for High Science , a major cable channel documentary, once again shot the entire CannMed 23 summit in preparation for the summit’s inclusion in its first season scheduled for release later this year or early in 2024.

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Research and Development Cannabinoids Medicine DEA 52

Canna Law Blog

AUGUST 30, 2023

Now though, its entire local industry is going to face a potential death knell posed by a March 2024 vote on a new initiative that heavily restricts the existing industry, while essentially eliminating any more farms from setting up. Further, a business could not have multiple cultivation permits on a single parcel.

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Cannabis Law Report

JUNE 21, 2022

SB 1406), the CCA created the framework for the cultivation, manufacturing, distribution, testing, and retail sale of adult-use cannabis in Virginia. As of now, it is unclear whether the General Assembly will even stick to the original timeline of adult-use sales beginning January 1, 2024. Enacted on April 7, 2021 (2020 Va.

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Cannabis Law Report

MAY 13, 2022

Some changes include: Setting the cultivation tax rate at zero beginning July 1, 2022. Up to $150 million one-time General Fund is available as needed through 2025-26 to backfill Allocation 3 funding, along with the authority to increase the excise tax rate through 2024-25 if tax revenues fall below the baseline for Allocation 3.

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The Blunt Truth

APRIL 20, 2021

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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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. “We Katz isn’t a supporter of the law as it currently stands.

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Canna Law Blog

NOVEMBER 16, 2023

Cannabis dispensaries, cultivators, processors and testing facilities all fall under this definition. Beneficial ownership reporting is a core banking requirement, with a new rule coming down the pike January 1, 2024, in fact. These FIs tend to offer more comprehensive financial products and services.

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Cannabis Law Report

JULY 16, 2019

CBD market to exceed $20 billion by 2024. To support this vision, Segra has assembled a world-class team of specialists in the fields of agronomy, molecular genetics, plant tissue culture, and regulatory compliance. It is anticipated that Segra’s U.S. hemp operations will commence later this year. About Segra International.

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Cannabis Law Report

JULY 28, 2022

Moreover, if the UK were to legalise cannabis – with recreational sales starting in 2024 – this would bring the market’s size to more than £1 billion in the UK alone. Experts predict that the UK’s medical cannabis market alone could be worth more than £450 million by 2026, which amounts to 24% of the total European market.

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Cannabis Law Report

NOVEMBER 13, 2019

Europe, forecasted to be the world’s biggest legal cannabis market by 2024 will exceed North America, the dominant market today, according to Prohibition Partners. We gave the option to foreign companies to cultivate in Denmark.”. Denmark’s pilot pharma trial attracts first-movers. By Arundati Dandapani.

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Cannabis Law Report

JULY 12, 2021

cultivates, markets, and distributes handcrafted, high quality cannabis products. 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. About GTEC Cannabis Co. GTEC Cannabis Co.

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Events Recreational Compliance Compliance 105

Cannabis Law Report

SEPTEMBER 16, 2022

The program is a “limited license” regime, under which a set number of vertically integrated “Medical Marijuana Treatment Centers” are licensed to cultivate, process, and dispense cannabis to qualified patients. Like Florida, Arkansas is a limited license regime. Arkansas dispensaries began serving qualified patients in 2019.

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Cannabis Law Report

DECEMBER 14, 2019

billion by 2024. It owns an indoor cultivation operation in London, ON and is a joint venture partner in Propagation Services Canada Inc. VANCOUVER, British Columbia, Dec. 12, 2019 (GLOBE NEWSWIRE) — AgraFlora Organics International Inc. (“ AgraFlora ” or the “ Company ”) ( CSE: AGRA) ( PU31.F greenhouse complex in Delta, BC.

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Pharmaceutical Chronic Pain Patients Epilepsy 59

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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Cannabis Law Report

AUGUST 18, 2021

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. Transfers of Notes will be permitted subject only to notice and compliance with securities laws. Prior to U.S. federal laws.

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Cannabis Law Report

AUGUST 17, 2021

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. Transfers of Notes will be permitted subject only to notice and compliance with securities laws. Prior to U.S. federal laws.

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Events Retail Research and Development Business 105

Cannabis Law Report

JULY 23, 2021

billion by 2024, with over US$22 billion of that market generated by Europe and an estimated excess of £2 billion likely to be generated in the UK. cultivating cannabis without or not in compliance with a licence). JULY 21, 2021. The value of the global medicinal cannabis market is projected to reach US$62.7

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Cannabis Law Report

AUGUST 18, 2021

The retail sale of marijuana in Virginia, however, will not begin until January 1, 2024. Employers and health care professionals should prepare to address issues that may arise from the potential conflict between state and federal law in devising compliance, both in terms of reporting and human resources issues. View source.].

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Canna Law Blog

OCTOBER 28, 2019

However, AB 37 will provide at least some tax relief to California cannabis businesses (from 2020-2024). In turn, the state, thankfully, decreased the size of the symbol via AB 1259 so that compliance with labeling will be easier for manufacturers. ” Vape Cartridges and Pens.

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Cannabis Law Report

FEBRUARY 8, 2020

The need for renewability, recyclability, and regulation is desperately required in all aspects of the cannabis production and process, from cultivation to end user. 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.

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