Cannabis Law Report

MAY 16, 2022

Despite the tax cut, a recent analysis found that removing the cultivation tax would actually increase overall tax revenue from cannabis sales by 123 percent by 2024 due to an expected increase in sales. million from the Governor’s Budget estimate.

Legalization 52

Legalization Collective Education Cultivation 52

Cannabis Law Report

JUNE 21, 2022

It was the best of times… the passage of the Virginia Cannabis Control Act (CCA) in 2021 was celebrated by many as the first bill in the South to legalize adult-use cannabis (read about the status of cannabis programs in other Southern states here ). This new General Assembly failed to reenact any portion of the CCA during its 2022 session.

Programs 52

Programs Supply Chain Dispensary Cultivation 52

Cannabis Law Report

MAY 13, 2022

Setting Allocation 3 funding for youth education/intervention/ treatment, environmental restoration, and state and local law enforcement programs at a baseline of $670 million annually for three years. Strengthening tax enforcement policies to increase tax compliance and collection and reduce unfair competition.

Supply Chain 52

Supply Chain Collective Retail Programs 52

Canna Law Blog

JANUARY 26, 2024

In my view, Haley is sitting in a pretty typical Republican spot for 2024, which can be summarized as “states’ rights are best for marijuana” but “it’s not a federal priority.” That revamped bill would undo federal criminalization of people acting in compliance with state cannabis programs, or Indian tribal law. I tip my hat.

Policy 94

Policy Legislation Cannabis Hemp 94

Canna Law Blog

NOVEMBER 16, 2023

We are helping build out another cannabis banking program here in Oregon. Beneficial ownership reporting is a core banking requirement, with a new rule coming down the pike January 1, 2024, in fact. Bank Secrecy Act / Anti-Money Laundering (“BSA/AML”) compliance is a significant undertaking for FIs even outside the cannabis space.

Banking 83

Banking Business Cannabis Hemp 83

Canna Law Blog

MARCH 7, 2023

EB-5 program. The INA contains an immigrant investor program at 8 USC § 1153(b)(5) that allows foreign nationals to apply for permanent residence by making a minimum investment in a new commercial enterprise in the U.S. The program, known as “EB-5”, is much more complex but for or purposes here that will do. Bright Green Corp.,

DEA 72

DEA Research and Development Programs Cannabis 72

Cannabis Law Report

JULY 11, 2022

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. View source.].

Cultivation 52

Cultivation Law Collective Retail 52

Canna Law Blog

JUNE 26, 2023

Yes, requiring cannabis retailers to certify compliance on marijuana tax payments makes sense. outside of the OLCC program), to clean up waste from those operations if notified by law enforcement. A report is due September 1, 2024. The new OLCC tax rules My colleague Jesse Mondry covered this last week on the blog.

Law 80

Law Banking Retail Programs 80

Cannabis Law Report

SEPTEMBER 16, 2022

The region has been instrumental in highly regulated industries, such as alcohol and tobacco, and the only federally sanctioned cannabis grow program has operated at the University of Mississippi since the 1960s. Although several Southern states have enacted medical cannabis programs, no states have embraced recreational use of cannabis.

Law 52

Law Programs Cultivation Dispensary 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. Here’s a copy of the initiative. The post California Cannabis Repeal?

Wellness and Beauty 104

Wellness and Beauty Environment Cannabis Cultivation 104

Canna Law Blog

OCTOBER 28, 2019

However, AB 37 will provide at least some tax relief to California cannabis businesses (from 2020-2024). SB 34 creates better breaks for low-income medical patients that have a physician’s recommendation but that may not have an ID card from the Department of Public Health pursuant to the 2004 Medical Marijuana Program Act.

Research and Development 53

Research and Development Programs Retail Vaping 53

Greenspoon Marder Cannabis Law Group Blog

APRIL 19, 2021

Ordinance Repealing the Cannabis Consumption Pilot Program. Ordinance Repealing the Cannabis Consumption Pilot Program. With the passage of House Bill 19-1230 allowing for state-licensed hospitality licenses, Denver needed to modify its marijuana consumption program to comply with the new state law.

Marijuana 76

Marijuana Consumption Retail Business 76

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. They are learning quickly from the successes and failures in Canada’s legal medical cannabis program that has been active since 2001.

Clinical Trials 78

Clinical Trials Research and Development Cultivation Patients 78

WeedAdvisor

AUGUST 20, 2019

Assuming the current trend continues, predictions state that by 2024, $7.2 WeedAdvisor looks forward to supporting new retail stores with our business solutions in POS, reward programs, compliance, inventory tracking and much more as they gradually snuff out illicit sales. However, it is not necessarily a substantial one.

Legalization 45

Legalization Dispensary Compliance Compliance 45

Cannabis Law Report

SEPTEMBER 10, 2022

Oregon statute currently forbids the sale of adult-use cannabis items to minors,[4] and the task force is pushing to give the OLCC authority to create a minor decoy program to test whether retailers are complying with the statute. 1, 2024, which would allow for similar enforcement operations in the future.

Seed-To-Sale 52

Seed-To-Sale Hemp Cannabinoids Legislation 52

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.

Events 105

Events Retail Research and Development Conditions 105

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.

Events 105

Events Retail Research and Development Business 105

Cannabis Law Report

FEBRUARY 8, 2020

“You either bring your own cup, or you can borrow a travel mug for a $5 deposit, part of the Reego reusable cup program offered in select Toronto cafes. 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.

Packaging 82

Packaging Vaping Collective Events 82

Cannabis Law Report

AUGUST 18, 2021

The Hall Act establishes the Alabama Medical Cannabis Commission, which will, among other things, implement a medical marijuana program in the state and provide an annual report to the state legislature about the implementation of the law. The retail sale of marijuana in Virginia, however, will not begin until January 1, 2024.

Legislation 105

Legislation Legalization Marijuana Recreational 105

Cannabis Law Report

AUGUST 4, 2021

from the second half of 2021 onwards as the Group fully repaid in May and June 2021 its 2022 and 2023 Eurobonds and successfully purchased a significant portion of its 2024 and 2026 Eurobonds which were bearing much higher interest rates. Second investment grade credit rating from Fitch Ratings after the one secured with Moody’s last year.

Business 105

Business Research and Development Environment Food 105