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Rep. Ford introduces Consumable Hemp Licensing bill

Illinois News Joint

In addition, HB4161 would: Permit the wholesale and retail sale of cannabinoids, hemp concentrate, or any other intermediate hemp cannabinoid products. The bill provides for a disciplinary system with fines and license revocation for those who break the rules. Create in the State treasury a special fund known as the Hemp Social Equity Fund.

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In Case You Missed It: Key Marijuana Law Developments in 2022

The Blunt Truth

Governor Kevin Stitt signed legislation enacting a moratorium on some new medical marijuana licenses, effective on August 1, 2022 and ending August 1, 2024. Sets a date of July 1, 2024 for automatic expungement of cannabis possession convictions. The moratorium expires March 31, 2024. Product Packager on March 18, 2022.

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Maryland Hemp Industry Challenges New Cannabis Licensing

Veriheal

THC —the psychoactive compound responsible for the prized psychoactive effect in cannabis—Maryland’s cannabis law sets a lower THC concentration benchmark. milligrams per package, whether for ingestion or inhalation. 1, 2024, or later. Drug Enforcement Agency defines hemp as cannabis products containing less than 0.3%

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In One Day, California Governor Signs Into Law Ten Cannabis Bills, Including Authorization for Interstate Commerce

Cannabis Law Report

AB 1646 – Cannabis Packaging: Beverages. AB 1646 authorizes cannabis beverages to be packaged in containers of any material that are clear or any color. Lastly, AB 1885 would require that cannabis products intended for animals comply with additional concentration and other standards adopted by regulation.

Law 52
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In Case You Missed It: Key Marijuana Law Developments in 2022

Cannabis Law Report

Governor Kevin Stitt signed legislation enacting a moratorium on some new medical marijuana licenses, effective on August 1, 2022 and ending August 1, 2024. Sets a date of July 1, 2024 for automatic expungement of cannabis possession convictions. The moratorium expires March 31, 2024. Product Packager on March 18, 2022.

Law 52
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Hollister Biosciences Inc. Reports First Quarter 2021 Financial Results

Cannabis Law Report

Marijuana Business Daily projects that the state’s recreational market could generate up to $400 million in revenue its first year and more than $700 million by 2024.”. The state realized over $2.9M in recreational sales within 10 days of legalization. Use of Non-GAAP Financial Measures. Products from Hollister Biosciences Inc.

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4Front Ventures Reports Second Quarter 2022 Financial Results

Cannabis Law Report

We are now providing production and packaging of gummies, vapes, infused pre-rolls, distillate and diamonds to these customers with scale and at a price-point they would be challenged to achieve on their own. Island”), a leading California producer of pre-rolls, flower and concentrate products. dba Island Cannabis Co.

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