Cannabis Law Report

JANUARY 9, 2022

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. Here’s what they say. Phil Scott (R) allowed S.

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Cannabis Law Report

MAY 13, 2022

We know that current tax policies disproportionately burden cannabis farmers and small businesses and create instability throughout the supply chain, ultimately undermining the societal benefits of a taxed and regulated market. Some changes include: Setting the cultivation tax rate at zero beginning July 1, 2022.

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Veriheal

OCTOBER 27, 2023

This massive shift in policy is a response to concerns about the growing drug problem in parts of the country. As a result, Thai residents have gained access to many new jobs in cannabis hospitality, retail, and cultivation. The two initiatives are being proposed for the November 2024 ballot.

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Veriheal

NOVEMBER 28, 2022

This legislation also allows adults to cultivate two cannabis plants for personal use. These new measures will take time, and it is estimated that recreational products will not be sold until 2024 or even 2025. Up to three plants could also be cultivated in residents’ homes. Possession of more than 1.5 ounces but less than 2.5

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Recreational Legislation Programs Legalization 98

SpeedWeed

SEPTEMBER 8, 2021

million in cultivation tax and $1 billion in state sales tax during the course of the past 3 1/2 years. When California’s Control, Regulate and Tax Adult Use of Marijuana Act went into effect, the state began collecting a 15% excise tax, a sales tax and a cultivation tax on cannabis. Three great public policy wins with one change.”.

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The Blunt Truth

APRIL 20, 2021

Although not immediately effective, New Mexico and Virginia employers should immediately assess the implications of the laws on their current policies and drug testing practices. Retail sales will not begin until January 1, 2024. Virginia’s Cannabis Oil Law.

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Cannabis Law Report

NOVEMBER 4, 2021

This blog post will discuss the rulemaking timeline and provide updates regarding policy recommendations from the five subcommittees. These liaisons present equity subcommittee recommendations and participate in discussion to ensure that all subcommittees actively consider equity in their policy recommendations. Rulemaking Timeline.

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Veriheal

SEPTEMBER 9, 2021

Medical cannabis cultivators who currently operate in the State of Connecticut could apply for a recreational license as early as this summer. However, it’s important to note that — according to the Marijuana Policy Project — each applicant would be required to pay a fee of $3 million. Legal Cannabis Business Framework .

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NORML

MARCH 14, 2020

Legislation is pending, HB 2097 / SB 2024, which would authorize licensed medical cannabis facilities to sell edible products. 4522 was approved by the Joint Committee on Cannabis Policy on 3/9/20. 4524 was approved by the Joint Committee on Cannabis Policy on 3/9/20. HI resident? Update : H. MA resident? Update : H.

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Cannabis Law Report

FEBRUARY 19, 2022

These states haven’t made major headlines for their progressive cannabis policies, but together they constitute a major market that has, nevertheless, dipped its toe in the water. 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.

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Cannabis Law Report

APRIL 11, 2022

Experts predict adult-use cannabis to come online by 2024, but regulators have not yet determined tourism policies. Bloomwell Group’s mission is to build, acquire and invest in ESG healthcare and cannabis companies along the entire value chain, excluding cultivation.

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Cannabis Law Report

SEPTEMBER 15, 2022

A new law passed in July 2022 eliminates the state’s weight-based cannabis cultivation tax to be paid by market growers and created new tax credits for certain cannabis businesses. 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

Canna Law Blog

NOVEMBER 16, 2023

The lone federal definition we have is from a 2018 Small Business Administration (“SBA”) Policy Notice, as revised , which categorizes MRBs as “direct marijuana businesses”, “indirect marijuana businesses”, and “hemp-related businesses.” Cannabis dispensaries, cultivators, processors and testing facilities all fall under this definition.

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Cannabis Law Report

AUGUST 18, 2021

Employers are not prohibited from establishing or enforcing drug testing policies, including drug-free workplace policies, or requiring a worker to disclose that they are a medical marijuana card holder. New Mexico. Since June 29, 2021, adult recreational use of marijuana has been legal in New Mexico.

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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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Veriheal

FEBRUARY 1, 2022

Under this legislation, adults over the age of 21 are able to possess and cultivate cannabis for their own personal use. However, the legislation did not put forth the requirements to provide commercial access to products until 2024. Virginia is making slow and steady progress in the area of drug policy reform.

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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 House of Delegates Speaker Adrienne A.

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SpeedWeed

JULY 8, 2021

The original version of this bill would not have taken effect until January 1st, 2024, but Governor Ralph Northam refused to sign it unless lawmakers amended the date. Home cultivation of up to six plants is allowed, and adults are also legally able to store up to 5 pounds of weed in their homes.

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Cannabis Law Report

JUNE 18, 2021

Home cultivation will first be allowed for medical cannabis patients, then for adults 21 and older. The number of licensed cannabis retailers is limited to one per 25,000 residents until June 30, 2024, then state regulators will set a new maximum. 1201 will take effect July 1, at which time possession of up to 1.5

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Cannabis Law Report

JULY 12, 2021

cultivates, markets, and distributes handcrafted, high quality cannabis products. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. Trading will commence on July 12, 2021. About GTEC Cannabis Co.

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Cannabis Law Report

SEPTEMBER 22, 2022

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.

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The Cannigma

FEBRUARY 21, 2021

And you’re also going to have the smaller cultivators, who are going to cater to people who are looking for something that’s not a mass market item.”. billion by 2024. If the cultivators could develop a relationship with their customers, they could get a lot more brand loyalty,” Dr. Fisher explained. The power of federal reform.

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Cannabis Law Report

MAY 28, 2022

The tax structure approved by county voters in 2018 sets a four percent tax on gross sales revenues from cannabis cultivation, as reported every quarter to the county Treasurer-Tax Collector by the growers themselves. It’s hard to hit the right public policy bullseye when things are changing so radically all the time,” Hart said. “We

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Veriheal

JULY 19, 2022

This policy change legally allows Thailand’s cannabis industry to form. Thailand’s cannabis industry is forecast to reach a valuation of USD$661 million (21 billion Thai baht) by the year 2024. Moving forwards, cannabis cultivation and commerce will be legalized countrywide.

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SpeedWeed

JULY 29, 2021

Duque’s office estimates that the global market for medicinal and industrial cannabis may be worth US$62 billion by 2024. Colombia, one of the world’s largest cannabis producers in the 1960s and 1970s, and the world’s biggest supplier of cocaine, continues to change the country’s drug policy.

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SpeedWeed

JULY 28, 2021

Duque’s office estimates that the global market for medicinal and industrial cannabis may be worth US$62 billion by 2024. Colombia, one of the world’s largest cannabis producers in the 1960s and 1970s, and the world’s biggest supplier of cocaine, continues to change the country’s drug policy.

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Seed-To-Sale Medicine Food Extraction 52

SpeedWeed

JULY 28, 2021

Duque’s office estimates that the global market for medicinal and industrial cannabis may be worth US$62 billion by 2024. Colombia, one of the world’s largest cannabis producers in the 1960s and 1970s, and the world’s biggest supplier of cocaine, continues to change the country’s drug policy.

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SpeedWeed

MARCH 10, 2021

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). economy by 2024. Take California for example.

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SpeedWeed

JULY 29, 2021

Duque’s office estimates that the global market for medicinal and industrial cannabis may be worth US$62 billion by 2024. Colombia, one of the world’s largest cannabis producers in the 1960s and 1970s, and the world’s biggest supplier of cocaine, continues to change the country’s drug policy.

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Media Business Law Seed-To-Sale 52

Cannabis Law Report

NOVEMBER 7, 2019

All three tranches of the Incentive Warrants will expire on November 7, 2024, and vest over two years, with 50% vesting on each of November 6, 2020 and November 6, 2021. The grant of Incentive Warrants was subject to receipt of disinterested shareholder approval in accordance with the policies of the Canadian Securities Exchange.

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SpeedWeed

JULY 19, 2021

The new law legalizes simple possession and home cultivation for adults 21 and over, seals some marijuana-related records, and creates a new independent state entity, the Cannabis Control Authority (CCA), to regulate the cannabis market. million in 2024 and $38.4 He has law degrees from Oxford University and Wake Forest University.

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SpeedWeed

MARCH 15, 2021

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. Wholesale: The excise tax on cultivators is $335 per pound of flowers, $94 per pound for trim, $1.50 Marijuana tax rates in California.

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Seed-To-Sale Marijuana Retail Programs 52

SpeedWeed

JULY 19, 2021

The new law legalizes simple possession and home cultivation for adults 21 and over, seals some marijuana-related records, and creates a new independent state entity, the Cannabis Control Authority (CCA), to regulate the cannabis market. million in 2024 and $38.4 He has law degrees from Oxford University and Wake Forest University.

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Research and Development Safety Legislation Cannabis 52

Veriheal

SEPTEMBER 5, 2022

1, 2024 launch date for its first-ever retail sales. In preparation, the CCA established a framework for cannabis business licensing, cultivation, manufacturing, distribution, testing, and adult-use retail sales that would be regulated by a newly formed Cannabis Control Authority. recreational) state, with a Jan.

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Cannabis Law Report

FEBRUARY 14, 2020

Production volume in fiscal Q2 was 30,691 kilograms, in-line with previous expectations as Aurora realigned its cultivation strategy to produce a greater amount of higher value and higher potency strains. US$345 million of senior unsecured convertible debentures due February 2024. Wholesale bulk cannabis net revenues of $2.4

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Peninsula Alternative Health

JUNE 12, 2023

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.,

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Peninsula Alternative Health

JUNE 12, 2023

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? ounces of cannabis flower, up to 15 grams of concentrate, and up to six cannabis plants per household for personal cultivation.

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