Cannabis Law Report

FEBRUARY 28, 2022

Sitting on her desk for only four days before being signed into law, the bill represents a significant step forward towards recreational cannabis sales in NY. Cannabis processing will only be permitted at the location where the processor is licensed to grow hemp, unless otherwise authorized by the Office of Cannabis Management.

Recreational 52

Recreational Conditions Cultivation Hemp 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. billion derived from recreational marijuana, up from $5.9 billion derived from recreational marijuana, up from $5.9 marijuana spending by 2024. billion by 2024. billion by 2024. MF report.

Pharmaceutical 45

Pharmaceutical Recreational Patients Cannabis 45

Veriheal

NOVEMBER 6, 2023

states and the District of Columbia currently have legal cannabis, medical or recreational. It prohibits cannabis possession, use, purchase, sale, or cultivation, whether for recreation or medical purposes. Kansas Kansas prohibits cannabis use for both medical and recreational purposes. Like Idaho, CBD with less than.3%

Legalization 117

Legalization Recreational THC CBD 117

Veriheal

DECEMBER 19, 2023

Since the passage of the 2018 Farm Bill , which permits the distribution of hemp-derived products at the federal level, the popularity of delta-8, delta-9, and delta-10 products has surged. Understanding Delta-8 and Delta-9 Products Delta-8 and other variants are created from hemp, not traditional cannabis.

Legalization 111

Legalization Edibles DEA Access 111

Veriheal

JANUARY 8, 2024

Cannabis use in Texas remains illegal, with few exceptions, leading consumers to turn to other states and options to obtain medicinal or recreational marijuana. Some towns, like Lubbock, are planning to vote on local marijuana usage in 2024. Hemp products, including delta-8 and delta-9 , are also legal in Texas.

Marijuana 62

Marijuana Dispensary Legalization Recreational 62

The Blunt Truth

JUNE 13, 2022

Governor Kevin Stitt signed legislation enacting a moratorium on some new medical marijuana licenses, effective on August 1, 2022 and ending August 1, 2024. Permits and taxes legal recreational sales from licensed retailers starting December 1, 2022. The initiative does not establish a licensed recreational marijuana market.

Law 111

Law Marijuana Legislation Retail 111

Cannabis Law Report

JULY 16, 2019

VANCOUVER, British Columbia, July 15, 2019 (GLOBE NEWSWIRE) — Segra International Corp. (“ Segra ” or the “ Company ”) an agriculture technology company, is pleased to announce that it has received its Industrial Hemp Grower Registration licence, allowing the Company to commence hemp tissue culture operations in Oregon.

Hemp 40

Hemp Research and Development Agriculture Compliance 40

The Cannigma

SEPTEMBER 23, 2022

Medical: No Recreational: No Reciprocity: N/A. There have been multiple attempts to create a medical and recreational marijuana program, all of which have failed. The next attempt to get medical marijuana on the ballot will likely be in 2024. The next attempt to get medical marijuana on the ballot will likely be in 2024.

Law 52

Law Decriminalization Programs Cultivation 52

The Cannigma

DECEMBER 12, 2022

Medical: legal Recreational: decriminalized. Full recreational legalization is on the horizon in 2023. After Germany announced plans to legalize the plant, Czechia followed suit, with the first draft of legislation expected early in the 2023 session and tentative legalization in 2024. Industrial hemp is legal with up to 1% THC.

Law 59

Law Decriminalization Recreational Hemp 59

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. Healthcare expenditure estimated by 2024. Estimated Prevalence of cannabis users by 2024.

Research and Development 59

Research and Development Oil Cultivation DEA 59

Cannabis Law Report

MAY 9, 2019

billion by 2024 if both medical and recreational cannabis are legalised across a number of key markets. billion to China and US$800 million to Japan by 2024; collectively they would account for an estimated 90% share of the market. China and Japan represent Asia’s two largest-value medicinal cannabis markets, worth almost US$4.4

Collective 45

Collective Consumption Medicine Recreational 45

Veriheal

MARCH 31, 2022

It’s clear that the governors in both states have been feeding false promises to prospective consumers, all of whom are still enduring a tedious wait to legally purchase recreational bud. Kathy Hochul signed legislation establishing a conditional cultivation and processing recreational licensing structure. New Jersey Gov.

Recreational 52

Recreational Cultivation Conditions Agriculture 52

Cannabis Law Report

JUNE 13, 2022

Governor Kevin Stitt signed legislation enacting a moratorium on some new medical marijuana licenses, effective on August 1, 2022 and ending August 1, 2024. Permits and taxes legal recreational sales from licensed retailers starting December 1, 2022. The initiative does not establish a licensed recreational marijuana market.

Law 52

Law Marijuana Legislation Retail 52

Canna Law Blog

JANUARY 9, 2020

Marry those qualities together and the parameters and developments of the Utah medical cannabis and hemp marketplaces make perfect sense. Processor licensing opened August 23, 2019 and remains open through August 2024, with an unlimited number of licenses available in two tiers. Here’s the overview on 2019 and looking forward in 2020.

Hemp 71

Hemp Oil Cultivation Agriculture 71

Cannabis Law Report

SEPTEMBER 15, 2022

The rankings look at a variety of factors including Cannabidiol (CBD), medical and recreational cannabis, non-profit cannabis entities, commercial cannabis licenses, cannabis regulatory agencies, developments and trends, and business opportunities. Barry Weisz. Illinois dropped from #5 to #6 in the rankings. is dependent on the U.S.

Recreational 52

Recreational Legislation Research and Development Retail 52

Cannabis Law Report

NOVEMBER 23, 2021

Tilray’s Leading European Footprint and Market Leadership in Germany Positions the Company to Seize Recreational Cannabis Opportunity. This ‘current value plus upside’ model is the backbone of the pursuit of our target of delivering $4 billion in revenue by the end of fiscal 2024. NEW YORK, Nov. Strong Presence in the E.U.:

Research and Development 52

Research and Development Cultivation Pharmaceutical Packaging 52

Cannabis Law Report

AUGUST 7, 2019

The 3-year agreement was struck with Barcelona-based CHK Solutions, a leading distributor of premier hemp and CBD products who will distribute Bhang CBD products into Spain, France, Italy, Belgium and Luxembourg. billion by 2024. The Bhang brand continues to draw attention from cannabis markets around the world. About Bhang.

Hemp 40

Hemp CBD Research and Development Business 40

Cannabis Law Report

JUNE 1, 2021

Legal sales of adult-use cannabis in Arizona commenced midday on Friday January 22 nd , several months ahead of industry expectations, and the fastest that any of the 15 states with recreational marijuana has gone from voter approval to actual sales. The state realized over $2.9M in recreational sales within 10 days of legalization.

Hash 96

Hash Extraction Tincture Dispensary 96

Veriheal

JULY 19, 2022

Thais wanting to travel or stay in South Korean are warned not to carry cannabis, hemp or products containing these plants into the country. Anyone who is caught smuggling either cannabis or hemp from Thailand to South Korea could face five years in prison or, in the worst case scenario, life imprisonment. Annoucement!

Decriminalization 52

Decriminalization Hemp Cannabis Law 52

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. Connecticut.

Legislation 105

Legislation Legalization Marijuana Recreational 105

Cannabis Law Report

JANUARY 20, 2022

The company has acquired a 100% share in Miami-owned CBD lifestyle brand Echo Life which comprises a diverse FMCG product portfolio and has obtained exclusive rights to distribute American pre-rolled hemp smokable Ace & Axle as well as its other products. billion (R135-billion) by 2028.

Retail 52

Retail Medicine Edibles Cannabis 52

Cannabis Law Report

SEPTEMBER 10, 2022

If adopted, these proposals would dramatically reshape Oregon’s hemp industry and implicate the entire national market, and create new classes of crimes and increased penal sanctions for illegal marijuana production in Oregon that may mark a larger national reversion to war-on-drugs policies and mentalities. concentration threshold.

Seed-To-Sale 52

Seed-To-Sale Hemp Cannabinoids Legislation 52

The Joint Blog

DECEMBER 2, 2021

Since the 1970s, many US states have legalized cannabis for medical use, while a rare few have legalized it for recreational and medical purposes. Hemp is Legalized Across 50 States in 2018. Following the approval of the 2018 Farm Bill, hemp and its extracts were legalized for production and sale. Billion in 2020.

History 26

History CBD Decriminalization Pharmaceutical 26

Canna Law Blog

MAY 25, 2023

Governor Tim Walz is expected to sign the bill soon (and may in fact have done so by the time this post goes live), making Minnesota the 23rd state (plus DC, Guam, the Marianas, and the Virgin Islands) to legalize recreational cannabis. All in all, insiders do not expect adult-use legal sales to start until summer to fall of 2024.

Supply Chain 80

Supply Chain Seed-To-Sale Edibles Hemp 80

Cannabis Law Report

AUGUST 18, 2021

Simon, Tilray’s Chairman and CEO, said, “Backed by accelerating trends towards legalization globally, we are focused on building the world’s leading cannabis-focused consumer branded company with a goal of $4 billion of revenue by the end of our fiscal 2024. market when legalization allows.”. About MedMen.

Events 105

Events Retail Research and Development Conditions 105

Cannabis Law Report

AUGUST 17, 2021

Simon, Tilray’s Chairman and CEO, said, “Backed by accelerating trends towards legalization globally, we are focused on building the world’s leading cannabis-focused consumer branded company with a goal of $4 billion of revenue by the end of our fiscal 2024. market when legalization allows.”. About MedMen.

Events 105

Events Retail Research and Development Business 105

Cannabis Law Report

FEBRUARY 14, 2020

US$345 million of senior unsecured convertible debentures due February 2024. Other cannabis segment revenues (accessories, hemp, other). 162 million of fully drawn senior secured term loans. Q2 2020 Key Financial and Operational Metrics. ($ thousands, except Operational Results). Q1 2020 (4). Financial Results. Net revenue.

Extraction 59

Extraction Conditions Events Business 59

Cannabis Law Report

AUGUST 30, 2019

This week: The National Credit Union Administration affirms that credit unions may provide financial services to hemp businesses. The US Department of Agriculture (USDA) has released new data indicating a substantial increase in the growth of US hemp production.

Banking 45

Banking Research and Development Legislation Programs 45

Canna Law Blog

OCTOBER 28, 2019

However, AB 37 will provide at least some tax relief to California cannabis businesses (from 2020-2024). In case you missed it, our hemp laws also got a tiny facelift. And at the federal level, cannabis businesses suffer constantly under the heavy weight of I.R.C.

Research and Development 51

Research and Development Programs Retail Vaping 51

Veriheal

FEBRUARY 10, 2023

California is looking to bolster its struggling cannabis market, Australia made psychedelic history, and Pennsylvania inched toward recreational legalization. experts predict that MDMA could gain FDA approval and be available in hospitals as soon as 2024. Shapiro has already vocalized his full support for the hemp industry.

History 85

History Legalization Recreational Research and Development 85

Greenspoon Marder Cannabis Law Group Blog

APRIL 20, 2021

On March 10, 2021, Mexico’s Chamber of Deputies legalized cannabis for industrial, medical and recreational purposes. New York Legalizes Recreational Use – March 31, 2021. Virginia Legalizes Recreational Use – April 7, 2021. The bill also establishes a regulated market – expected to begin retail sales as late as 2024.

Banking 52

Banking Recreational Legalization Cannabis 52

Veriheal

APRIL 26, 2023

Glenn Youngkin has publicly declared legislative changes that could result in a major reduction in high-inducing hemp-derived products that have been largely unregulated in Virginia. However, hemp industry members have prompted Gov. The total THC concentration was also increased to 0.3%.

Access 96

Access Patients CBD Packaging 96

Veriheal

MARCH 29, 2022

The legalization of recreational cannabis in Virginia could do wondrous things for the Old Dominion, where Senate Bill 391 was passed in a historic bipartisan vote on Feb. Last year, when recreational cannabis in Virginia was legalized, the law was rigidly enacted within strict party lines.

Law 57

Law Retail Legislation Recreational 57

The Blunt Truth

JULY 16, 2020

The recommendation is for federal decriminalization of recreational use, federal legalization of medical use and expungement of all past convictions for use and possession. Retail sales of cannabis in 2019 (both recreational and medical) surpassed the revenue of the NBA. One of them is cannabis. cbd mislabeling. cbd mislabeling.

CBD 64

CBD Decriminalization Recreational Collective 64

The Blunt Truth

DECEMBER 22, 2023

And finally, if Puma Clyde sneakers were the epitome of cool when you were growing up, you may be interested in their sneakers made with hemp. It seems likely that 2024 will bring a decision on re-scheduling, either for or against, so stay tuned for that. Look for more on this in 2024 also.

DEA 52

DEA Retail Programs Hemp 52

Cannabis Law Report

JUNE 21, 2022

Virginia’s 2022 – 2024 budget bill, HB 30 , amended some of the above provisions and created labeling requirements for industrial hemp products that contain hemp-derived THC, but did not address commercial sales of adult-use cannabis ( see Item 4-14 #5c).

Programs 52

Programs Supply Chain Dispensary Cultivation 52

Cannabis Law Report

JUNE 14, 2021

While preliminary work on the regulatory structure will begin this Summer, if reenacted in 2022, the legal commercialization and retail sale of marijuana will not take place until January 1, 2024. Eliminate special treatment of registered hemp processors (the current version of the bill creates a loophole with respect to license caps.).

Law 66

Law Legalization Marijuana Seed-To-Sale 66