WeedAdvisor

AUGUST 20, 2019

Light might be at the end of the tunnel of California’s struggling legal marijuana industry, says The Sacramento Bee. In the world of legal cannabis, we could argue that California is famous for two things. The first is its role as a pioneer in medical marijuana, being the first state to legalize it for certain conditions.

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The Blunt Truth

DECEMBER 29, 2023

Last year , I predicted there would be no federal cannabis legalization, but that perhaps states would legalize. Is predicting that there would be no federal legalization akin to shooting fish in a barrel? Virgin Islands legalized adult-use cannabis. Which brings us to April and some victories for legalization.

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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. The state realized over $2.9M in recreational sales within 10 days of legalization.

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Cannabis Law Report

JUNE 13, 2022

Catch up on key legislative, regulatory, and legal developments affecting the manufacture, distribution, sale, and use of marijuana occurring in 2022, including key decisions and regulatory material. The moratorium extends to processing and issuing new licenses for: Dispensaries. Development. May 26, 2022. Processors. May 25, 2022.

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Cannabis Law Report

SEPTEMBER 15, 2022

Leading the rankings again is California (#1), the first state to legalize medical marijuana in 1996. Since then, the state has legalized adult-use marijuana, and created a uniform licensing regime for both medical and recreational marijuana use across the state. Illinois dropped from #5 to #6 in the rankings.

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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.

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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 Legal Implications Thus Far. Need Legal Help Investing in or Acquiring a Commercial Cannabis Business? Too Early for Buyouts.

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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. . Generally, the higher the THC concentration, the higher the tax rate. Tax rates vary dramatically from state to state.

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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

JUNE 9, 2023

Colorado is boldly moving to bring cannabis sales online, Florida’s attorney general put a damper on the state’s legalization push, and a Massachusetts biotech company began developing a psilocybin-based drug. Jared Polis signed a bill to legalize online sales of cannabis. Last week, Colorado Gov.

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Canna Law Blog

MAY 25, 2023

Minnesota is poised to legalize adult-use cannabis with the approval of HF 100 by the state legislature. Governor Tim Walz is expected to sign the bill soon (and may in fact have done so by the time this post goes live), making Minnesota the 23rd state (plus DC, Guam, the Marianas, and the Virgin Islands) to legalize recreational cannabis.

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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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Cannabis Law Report

OCTOBER 6, 2019

As of 2018, legal cannabis was a nearly $11 billion industry, at least according to sales figures published by Arcview Market Research and BDS Analytics in their annual State of the Legal Cannabis Markets report. Derivatives being nondried flower product, such as edibles, vapes, infused beverages, topicals, and concentrates.

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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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Banking Research and Development Legislation Programs 45

Veriheal

SEPTEMBER 22, 2021

A legislative committee voted vigorously in opposition to medical cannabis legalization in North Carolina six years ago, but things have changed a lot since then. In a groundbreaking moment on Tuesday, August 24, North Carolina Senate committee voted in approval of a revised bill to legalize medical cannabis statewide.

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MJ Business Attorneys

DECEMBER 30, 2022

Voters in five states were asked to consider legalizing adult-use cannabis and two states, Missouri and Maryland, voted to approve implementing adult-use cannabis programs. million people between them, dramatically expanding the population of people with access to legal cannabis. These two states are home to approximately 12.3

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Cannabis Law Report

NOVEMBER 29, 2021

Specifically, legislatures in five states — Connecticut, New Jersey, New Mexico, New York, and Virginia — enacted laws legalizing adult-use marijuana possession and regulating retail cannabis markets. LEGALIZATION. Such provisions are now generally part and parcel of any adult-use legalization law. ADULT USE LEGALIZATION.

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