Cannabis Law Report

SEPTEMBER 17, 2022

Florida-based cannabis giant Trulieve recently doubled its contribution to the Smart & Safe Florida political committee with another $5 million toward a 2024 ballot initiative to legalize adult-use cannabis. 1, 2024, with election officials needing 30 days to check signatures before that deadline.

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Illinois News Joint

MARCH 29, 2024

Each monthly total marked the lowest January and February totals since legalization in Illinois. Total retail sales for 2024 reached $48,765,439.01. Total 2024 wholesale sales by cultivation centers reached $66,850,312.73, and total wholesale sales since November 2015 by cultivation centers totaled $3,373,608,900.01.

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Dispensary Concentrates Retail Cultivation 86

Illinois News Joint

FEBRUARY 18, 2024

The Illinois cannabis industry continues into its fifth year of legalization, and the business markets is not slowing down. Ieso holds one of only 20 full-scale cultivation licenses in the state. NuEra has also announced plans to open a new dispensary in DeKalb by spring 2024.

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Cultivation Dispensary Extraction Events 86

The Joint Blog

DECEMBER 19, 2023

As the year 2024 approaches, cannabis businesses must not only adapt to a new business landscape but also triumph over their competition. In 2024, sustainable packaging is not just a buzzword; it’s a business imperative. Personalized packaging goes beyond aesthetics; it cultivates brand loyalty and enhances recognition.

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Canna Law Blog

OCTOBER 6, 2022

Czechia, officially known as the Czech Republic, may soon the join the growing list of European countries with legal adult-use cannabis. il is drafting the requisite legislation, which could be in place by 2024. The possession and cultivation of cannabis, under certain thresholds, was decriminalized in the Czech Republic in 2010.

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Veriheal

APRIL 5, 2022

The Illinois high court has rejected a request to permit further licensing for craft cannabis cultivators for the state’s adult-use marijuana program, which launched in January 2020. Craft cannabis cultivation typically involves growing cannabis in small batches, and the farming practices used are organic and sustainable.

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Cultivation Cannabis Safety State Laws 52

Cannabis Law Report

SEPTEMBER 8, 2019

billion in cannabis spending by 2024. projects as the leading marijuana market in the world by sales in 2024. marijuana spending by 2024. billion by 2024. billion by 2024. billion by 2024. MF report. United States: $30.1 As should be no surprise, the U.S. In fact, the $30.1 billion last year. Canada: $5.18

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Pharmaceutical Recreational Patients Hash 45

Canna Law Blog

MARCH 27, 2024

California has even seen a pattern of dispensaries and cultivation facilities across California being burglarized and robbed. Even among fully legal and compliant operators in California, delayed and delinquent tax payments are a growing issue , with hundreds of different tax liabilities being owed by various cannabis businesses.

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Policy Cannabis Retail Dispensary 87

Veriheal

APRIL 16, 2024

As such, there are now more than 440,000 cannabis jobs available in states that have legalized medicinal or recreational marijuana. We expect losses in these markets to continue to thin out in 2024 and turn positive once again in 2025,” they stated. Fortunately, the report’s authors are not concerned. “We

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Dispensary Cannabis Marijuana Retail 57

Cannabis Law Report

FEBRUARY 19, 2022

While cannabis legalization moves full steam ahead through much of the Northeast, the southeastern U.S. As such, we thought we’d take a moment to round up the status of cannabis legalization in the South, an area worth watching. has been notably slow to uptake major reforms.

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Cannabis Law Report

MAY 16, 2022

Gavin Newsom introduced proposed revisions to his 2022-2023 budget proposal, which would eliminate the cannabis cultivation tax rate beginning July 1, 2022. Currently, the cultivation tax rates are $10.08 per ounce of fresh cannabis plant, and these taxes are paid on all recreational and medicinal cultivation of cannabis.

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Cannabis Law Report

JUNE 24, 2019

Arcview Market Research and BDS Analytics have published the seventh edition of their “State of Legal Cannabis Markets” report. 40B in sales by 2024. The growth of the global cannabis market comes on the back of liberalization in existing markets and new countries introducing laws legalizing medical use.

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Research and Development Banking Pharmaceutical Cannabinoids 40

Veriheal

OCTOBER 9, 2020

Cannabis legalization is happening regardless of the US federal government’s draconian stance on the subject. Despite cannabis remaining against the law on a federal level, many states have been allowing the sale, cultivation, and consumption of cannabis, with more states joining all the time.

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Legalization Recreational Retail Programs 75

The Blunt Truth

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. Permits and taxes legal recreational sales from licensed retailers starting December 1, 2022. The moratorium expires March 31, 2024.

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Law Marijuana Legislation Retail 111

Veriheal

SEPTEMBER 9, 2021

Rather than a ballot initiative , Connecticut, New Mexico, New York, and Virginia legalized the plant for adult-use purposes via a legislative process. They follow in the footsteps of Vermont, which became the first legislative-driven legal cannabis state back in 2018. Legal Cannabis Business Framework .

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SpeedWeed

SEPTEMBER 1, 2021

Officials in the West African country of Nigeria discussed their thoughts regarding opposing cannabis legalization on Monday. Marwa continued to share how he thinks that cannabis legalization would only set Nigeria back. “We In response, Kano Governor Ganduje assured Marwa that no political figures in Kano would support legalization.

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SpeedWeed

MARCH 4, 2021

14 Wyoming legislators are sponsoring a bill to legalize marijuana in the state. If House Bill 209 were to become law, anyone 21 years or older could legally possess retail marijuana (in amounts explained below) or cultivate marijuana for personal use (also explained below). The LSO says an estimated $30.7

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Business Legalization Marijuana Retail 52

Illinois News Joint

APRIL 27, 2024

Bell’s academic work focuses on cannabis business law, policy, and the expansion of cannabis legal education. Bell’s academic work focuses on cannabis business law, policy, and the expansion of cannabis legal education. Her presentation will discuss the importance of education across the legal cannabis industry.

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Research and Development Events Environment Education 73

Veriheal

JANUARY 1, 2024

As debates heat up over recreational cannabis, all eyes turn to Ohio and its potential legalization. Ohio, often viewed as a bellwether state, now faces a defining question: Will it join the growing roster of states opting to launch legal recreational marijuana markets? Set rates too high, and legal sales become uncompetitive.

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Recreational Supply Chain Legislation Cannabis 101

Cannabis Law Report

JUNE 18, 2021

. — State lawmakers passed a bill Thursday to legalize, regulate, and tax cannabis for adult use. New Jersey and New York enacted adult-use legalization laws in December and late March, respectively. ounces of cannabis will become legal for adults 21 and older. Legal sales to adults are expected to begin in May 2022.

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SpeedWeed

JULY 20, 2021

Maryland state lawmakers announced last week that the legislature will turn to the voters on the issue of cannabis policy reform by placing a marijuana legalization measure on the statewide ballot next year. Maryland Work Group To Study Cannabis Legalization. Maryland Medical Marijuana Already Legal.

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SpeedWeed

JUNE 6, 2021

The California Senate just granted final approval to a landmark bill that would make it legal for any adult in the Golden State to possess, use, and share almost any psychedelic drug. This group would be required to submit these recommendations by January 1st, 2024. View original article.

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SpeedWeed

SEPTEMBER 14, 2021

The new law legalizes cannabis possession up to one ounce, as well as cultivation of up to four personal plants per household, but requires that the grower tags their plants with their driver’s license/ID and a note saying that they are being grown for personal use. In July and August of 2020 , there were 257 arrests. “A

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Legalization Data Law Cannabis 66

Veriheal

NOVEMBER 28, 2022

In the two remaining states, Maryland and Missouri, voters approved the legalization of recreational marijuana. Arkansas (Issue 4, Recreational Legalization): REJECTED. Arkansas voters rejected Issue 4, which would have legalized adult-use cannabis. Arkansas legalized medical marijuana in 2016. . Starting Jan.

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Recreational Legislation Programs Legalization 93

Veriheal

MAY 4, 2023

In 2021, Luxembourg and Malta legalized home cannabis cultivation for personal use. The following year, the Czech Republic and German governments announced plans to develop a legal framework to establish a regulated market for recreational sales. or Canada, where the world’s first legal market rolled out four years ago.

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The Cannigma

SEPTEMBER 23, 2022

The next attempt to get medical marijuana on the ballot will likely be in 2024. In 2021, two bills were introduced to the Nebraska state government that would have legalized the use, possession, and sale of the cannabis plant. Possession of more than one pound, cultivation, and selling any amount of cannabis is a felony.

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SpeedWeed

JULY 8, 2021

This week, adult-use cannabis laws will go into effect in three more US states, bringing legalization to nearly half of the entire country. . New Mexico will be the first state to celebrate legalization this week. So, Virginians will likely have to wait three more years before they can legally buy pot in their home state.

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Cannabis Law Report

AUGUST 18, 2021

As we previously reported , on February 22, 2021, New Jersey Governor Phil Murphy signed three separate cannabis reform bills into law ( NJ A21 , NJ A 1897 , and NJ A5342/NJ S3454 ), formally legalizing the use and possession of recreational marijuana in the Garden State. Other jurisdictions are catching up to the marijuana law frenzy.

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Cannabis Law Report

NOVEMBER 6, 2019

KEY FINDINGS FROM THE REPORT INCLUDE: The global legal cannabis market is projected to be worth up to US$103.9 billion by 2024. billion by 2024, surpassing the value of the North American industry within this time frame. All 50 US states are predicted to have legalised recreational cannabis by the end of 2024.

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Cannabis Law Report

JANUARY 23, 2020

“After taking the first steps towards the liberalization of hemp cultivation over the course of the last few years, at the end of 2018 Thailand’s government decided to legalize medical cannabis as the first Southeast Asian country. The legal and economical situation of the Thai Cannabis market. Population.

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Research and Development Oil Cultivation DEA 59

Veriheal

APRIL 16, 2021

Virginia’s governor expedites the date for recreational legalization. New Yorkers are now free to enjoy the pleasures of cannabis, and the University of Connecticut launches cannabis cultivation courses for non-degree-seeking students. Virginia has moved up the date for adult-use cannabis legalization . Learn more here!

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Canna Law Blog

APRIL 1, 2024

In total, Oregon has approved an astonishing 3,000 licenses for cultivation, production, or retail sales of cannabis. This fierce imbalance of supply and demand made overall retail prices decrease to historic lows also not seen in any other state’s legal industry, with the average item price dropping $15.01 Whereas nearly $5.4

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The Blunt Truth

APRIL 20, 2021

Beginning on July 1, 2021, the Virginia Cannabis Control Act (CCA) will allow those 21 years of age or older to possess up to one ounce of cannabis and to cultivate up to four cannabis plants per household for personal use. Retail sales will not begin until January 1, 2024.

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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. Permits and taxes legal recreational sales from licensed retailers starting December 1, 2022. The moratorium expires March 31, 2024.

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Law Marijuana Legislation Retail 52

Canna Law Blog

FEBRUARY 20, 2022

Why New York wants to let hemp licensees cultivate and process cannabis. Although the state legislature legalized adult-use cannabis by enacting the Marihuana Regulation & Taxation Act ( MRTA ) in March 2021, state regulators have yet to release and adopt cannabis regulations.

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Canna Law Blog

NOVEMBER 16, 2022

However, when the majority of cities and counties end up banning cannabis businesses, the illegal market rages on and legal access becomes a problem. 10 cultivation (indoor or mixed light only). Cultivation : $7/sf of canopy (indoor artificial light). $4/sf Cultivation : $10/sf of canopy (indoor artificial light). $7/sf

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The Cannigma

DECEMBER 12, 2022

Medical: legal Recreational: decriminalized. Cannabis is medically legal in the Czech Republic and has been since 2013. Full recreational legalization is on the horizon in 2023. While cannabis is not recreationally legal in the Czech Republic, the country has some of the most progressive cannabis laws in Europe.

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