The Blunt Truth

JUNE 13, 2022

Governor Kevin Stitt signed legislation enacting a moratorium on some new medical marijuana licenses, effective on August 1, 2022 and ending August 1, 2024. The moratorium extends to processing and issuing new licenses for: Dispensaries. Sets a date of July 1, 2024 for automatic expungement of cannabis possession convictions.

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Cannabis Law Report

JUNE 1, 2021

or “ Hollister “) a diversified cannabis branding company with products in over 280 dispensaries throughout California , and over 95 dispensaries throughout Arizona , today reported its financial and operating results for the first quarter of 2021. Our products are sold in 370 dispensaries across Arizona and California.

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Cannabis Law Report

JUNE 13, 2022

Governor Kevin Stitt signed legislation enacting a moratorium on some new medical marijuana licenses, effective on August 1, 2022 and ending August 1, 2024. The moratorium extends to processing and issuing new licenses for: Dispensaries. Sets a date of July 1, 2024 for automatic expungement of cannabis possession convictions.

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Law Marijuana Legislation Retail 52

Cannabis Law Report

FEBRUARY 19, 2022

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. There is no excise tax on medical cannabis.

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The Blunt Truth

DECEMBER 29, 2023

Kentucky governor Andy Beshear (D) signed a medical cannabis legalization bill, which allows edibles and concentrates, but draws the line at smokable products. Transportation of the product to the the dispensary is an issue, as they have to travel over state-owned roads. Watch for updates on this story in 2024.

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WeedAdvisor

AUGUST 20, 2019

As we discussed before , many counties opted to not allow legal dispensaries. Running a dispensary is way more expensive than necessary, forcing very high prices and often rendering such businesses unsustainable. Assuming the current trend continues, predictions state that by 2024, $7.2 There is also the issue of tax.

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Cannabis Law Report

SEPTEMBER 15, 2022

Existing medical marijuana dispensaries would be first in line to start serving adult consumers with dual licenses. In addition, the law facilitates the automatic review and expungement of past misdemeanor or felony convictions for cannabis possession by July 1, 2024.

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Recreational Legislation Research and Development Retail 52

Illinois News Joint

APRIL 2, 2023

Taxes from adult use cannabis sales, including wholesale taxes and retail taxes at dispensaries, get collected into the Cannabis Regulation Fund, which are then distributed by statute and spent by the fiscal year budget. First, the money flows to administrative expenses by the State agencies implementing cannabis. (D)

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Marijuana Lawyer Blog

JULY 29, 2019

CBD sales market would likely exceed $20 billion by 2024. but hemp is defined as the plant, or any part of the plant containing a THC concentration of no more than 0.3 The Los Angeles CANNABIS LAW Group represents growers dispensaries, ancillary companies, patients and those facing criminal marijuana charges. FDA Guidelines.

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SpeedWeed

MARCH 15, 2021

Additionally, dispensaries pay a 4% privilege tax when they purchase products from cultivators. . Generally, the higher the THC concentration, the higher the tax rate. So, rough total out the door, expect your cannabis leaf to be taxed at 16%, edibles at 26%, and concentrates at 31%. Marijuana tax rates in California.

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Canna Law Blog

MAY 25, 2023

The bill also sets caps of 800 milligrams for edibles and eight grams for concentrates. The new law envisions the licensing of retail establishments, but Minnesotans (and folks in neighboring states) will have to wait a bit longer before dispensaries open their doors in the Twin Cities, Rochester, and beyond.

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Cannabis Law Report

JANUARY 9, 2022

At the time, the state had an unregulated, arguably illegal, medical cannabis dispensary system, which was separate from the regulated adult-use program. In addition, the legislature allowed medical cannabis dispensaries to sell a limited amount of cannabis (five grams) to adults from October 2015 until December 31, 2016.

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Peninsula Alternative Health

JUNE 12, 2023

It allows existing medical cannabis dispensaries to convert their licenses to serve adult consumers. The legislation also empowers the Maryland Cannabis Administration to issue additional licenses for growers, processors, dispensaries, and new incubators. Concentrated cannabis: Up to 12 grams (g). ounces (oz).

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Legislation Packaging Edibles Concentrates 52

Peninsula Alternative Health

JUNE 12, 2023

It allows existing medical cannabis dispensaries to convert their licenses to serve adult consumers. The legislation also empowers the Maryland Cannabis Administration to issue additional licenses for growers, processors, dispensaries, and new incubators. Concentrated cannabis: Up to 12 grams (g). ounces (oz).

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Legislation Packaging Edibles Concentrates 52

Veriheal

JUNE 9, 2023

In Colorado and other legal states, cash surpluses in dispensaries have made them prime targets for robbery. Florida Sets Stage for 2024 Cannabis Face-off A cannabis legalization initiative backed by cannabis company Trulieve is making its way to Florida’s 2024 ballot! Would you like to see something like this in your own state?

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Cannabis Law Report

FEBRUARY 8, 2020

From patron to manufacturer, to dispensary what can they do? Reports show that concentrate sales are expected to overtake flower sales by 2022, with a large majority of these oils being consumed through pre-loaded vape cartridges. Raw Garden concentrates , labeled Clean Green. But are they? Terrapin Care Station. Swami Select.

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Cannabis Law Report

OCTOBER 6, 2019

Derivatives being nondried flower product, such as edibles, vapes, infused beverages, topicals, and concentrates. Furthermore, Supreme Cannabis is one of the four pot stocks that was chosen by PAX Labs to be a concentrate supplier of the Era vaping device. IMAGE SOURCE: PLANET 13. IMAGE SOURCE: GETTY IMAGES.

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Cannabis Law Report

AUGUST 30, 2019

An FBI spokeswoman asked listeners of a podcast to contact local FBI field offices with tips regarding illegal dispensaries or public corruption linked to the awarding of state cannabis licenses. The measure has the backing of several national dispensary chains, including MedMen, Harvest Health and Recreation and Curaleaf Holdings.

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Veriheal

SEPTEMBER 22, 2021

A total of four dispensaries could be operated by each supplier. Based on the stipulated rule, dispensaries and licenses would be handled exclusively by legitimate out-of-state cannabis companies – something that advocates believe will leave small, in-state businesses isolated from industry involvement.

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MJ Business Attorneys

DECEMBER 30, 2022

ounces of cannabis flower, 12 grams of cannabis concentrate, or any amount of cannabis products that contain less than 750 mg of THC starting July 1, 2023. Given the fact that the rules and regulations for the program still need to be developed, a full-fledged adult-use cannabis industry likely won’t take root in the state until 2024.

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Cannabis Law Report

NOVEMBER 29, 2021

ounces of cannabis flowers or an equivalent amount of cannabis concentrates in public, and up to five ounces of marijuana in their private residences. The retail provisions are set to take effect on January 1, 2024, but this deadline could be expedited by lawmakers. Patients must obtain cannabis from a licensed dispensary.

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