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California Governor Proposes a Cannabis Tax Reduction in an Effort to Shore Up the Legal Market

Cannabis Law Report

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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Octopuses On Ecstasy, Thailand’s Uncertain Cannabis Future, & CA Loses Out On Psychedelics

Veriheal

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. So, what’s the alternative?

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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. Here’s what they say. 11,906,326. 13,063,204.

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Marijuana Legalization Rundown: New Legislation Across Several States

Cannabis Law Report

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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California Cannabis Industry Has Provided $2.8 Billion in Tax Revenue Since 2018

SpeedWeed

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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Green Light Law Group: Oregon Psilocybin Update: Advisory Board Subcommittees Begin Finalizing Rule Recommendations

Cannabis Law Report

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.

Law 52
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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. 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.