Remove 2024 Remove Cultivation Remove Edibles Remove Policy
article thumbnail

Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

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. The legislature and governor had legalized personal possession and cultivation only in 2018. mg for edibles. Here’s what they say.

article thumbnail

Weekly Legislative Roundup 3/14/20

NORML

Legislation is pending, HB 2097 / SB 2024, which would authorize licensed medical cannabis facilities to sell edible products. Send a message to your lawmakers in support of access to edibles. 4522 was approved by the Joint Committee on Cannabis Policy on 3/9/20. HI resident? Update : H. MA resident? Update : H.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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

Cannabis Law Report

Still before Governor Newsom for his signature is SB 1496 , which would implement a series of changes to the state’s cannabis tax policy, including authorizing regulators to extend the deadline for tax payments by cannabis businesses located in areas affected by an emergency proclamation by the Governor.

Law 52
article thumbnail

Thai Embassies Warn Travelers About Cannabis Possession Penalties

Veriheal

This policy change legally allows Thailand’s cannabis industry to form. cannabinoid-based edibles or skincare products) carries a maximum jail term of seven years. Thailand’s cannabis industry is forecast to reach a valuation of USD$661 million (21 billion Thai baht) by the year 2024.

article thumbnail

10 questions to ask before starting a cannabis business

SpeedWeed

Every city, town, and municipality in the country has its own unique set of policies. Understanding the policy ecosystem is critical to how you will conduct operations, apply for a license, and of course, where you open your business. . Cultivation (indoor and outdoor). oral and edible products) . economy by 2024.

article thumbnail

Marijuana tax rates: a state-by-state guide

SpeedWeed

Additionally, dispensaries pay a 4% privilege tax when they purchase products from cultivators. . For more information, check out this bulletin on marijuana tax policy in Connecticut. So, rough total out the door, expect your cannabis leaf to be taxed at 16%, edibles at 26%, and concentrates at 31%. View original article.

article thumbnail

Understanding Maryland's New Adult-Use Cannabis Legislation

Peninsula Alternative Health

The legislation outlines three separate rounds of licensing, with the first round scheduled for the fall of 2023 and the second round in 2024. What are the rules for purchase, possession, and home cultivation? Home cultivation products. Can I apply for a cannabis license? Usable cannabis products (e.g.,