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Devitt says many of the so-called hemp gummies contained astonishing levels of THC that were significantly higher than what’s permitted in Californias regulated cannabis market, which abides by a per serving THC cap of 10 milligrams and a per package cap of 100 milligrams. And 81% exceeded the per package cap.
Industry friction and compliance challenges Adjusting product formulations and packaging can be costly, particularly for small and mid-sized companies. In 2024, the Colorado Attorney General filed suit against a Greeley-based hemp company and its owner , alleging that they sold products containing up to 35 times the legal THC limit.
From proposed legislation targeting hemp products to new rules affecting packaging and labeling, heres what you need to know about the latest developments in the Sunshine State. This new effort follows a similar initiative placed before voters in 2024, Amendment 3 , which fell short of the 60% threshold it needed to pass.
The requirement to report any changes to packaging and labeling before use. The mandatory upload of all packaging and labeling images for review and approval. Legacy product registrations (processed before August 2024) were migrated online with minimal details and no images.
In July 2024, cannabis businesses across the state gained access to a centralized system, which, according to IDOA, will significantly modernize how product and vehicle registrations are handled. As of August 2024, all product and vehicle registrations must be completed through the online portal. Keep all business information current.
The CDU/CSU has pledged to repeal Germanys quasi-legalization law passed in 2024. Advertising bans and neutral packaging without branding. Polls show the Christian Democratic Union/Christian Social Union (CDU/CSU) leading with 29.1%, followed by the AfD at 21.2%. Key measures include : Limited home cultivation for adults aged 18+.
After August 2024, all vehicle and product registrations must be completed exclusively through the new online portal. Key Deadlines to Keep in Mind July 2024: Cannabis businesses are able to access the online portal to begin transitioning their operations. March 31, 2025: New Deadline for Product Registration Cleanup.
DENVER — Colorado’s marijuana industry will see some new rules and regulations in 2024. The date — which is for quality and freshness, not expiration — has to be within nine months of packaging. The biggest change is marijuana products will now have a “use by” date label. The regulation. Read More
Identical bills that were passed by the Virginia General Assembly put a cap on the total amount of THC (tetrahydrocannabinol), the main psychoactive compound in cannabis that makes users feel high, to 2 milligrams per package. Lawmakers have proposed a 2024 target date for legal sales to finally commence.
We’re one week away from the 2024 Illinois Cannabis Convention , and Illinois News Joint invites vendors and attendees to stop by Booth 221 for some free swag and learn about the array of services we provide for the Illinois cannabis industry, including News Joint Events, News Joint Printing, News Joint Bar Service, News Joint Consulting, and more.
The scent inside the glass package was dominated by the woody cedar tone emanating from the hemp wrap, but outside the package, notes of sweet cream and chem appeared. The blunt was tightly wrapped with a solid feel throughout and a small gap at the end that assisted with getting blunt fully lit.
New enhancements include the ability to request updates to certain product details, and the requirement to report changes to packaging and/or labeling. Products registered prior to August 2024 are considered legacy product registrations. Failure to act now may cause unwanted impacts or significant business disruptions.
This decision diverts from a previous ruling by the court in September 2024, which initially found that the smell of burnt cannabis is not sufficient grounds for searching a vehicle. If you are someone who is traveling with raw cannabis, be sure that the package is unopened and sealed from the dispensary where it was purchased.
In the dynamic and rapidly expanding world of cannabis, where innovation and adaptability are paramount, packaging trends are instrumental in defining a brand’s identity and consumer experience. As the year 2024 approaches, cannabis businesses must not only adapt to a new business landscape but also triumph over their competition.
Tilray” or the “Company”) (NASDAQ | TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today announced that stockholders holding more than a majority of its issued and outstanding shares of common stock have approved an increase in the number of authorized shares of its common stock. A leading U.S.
The company’s target is 20 clinics by the end of 2024. AEM will also have the ability to produce, package and distribute a wide variety of fresh mushrooms while offering an assortment of dried options and the potential to produce functional mushroom consumer packaged goods. The company has raised C$13.5
22, 2024, for “establishing a process through which craft cannabis growers may apply to DOA ( Illinois Department of Agriculture ) to increase canopy space in increments of 3,000 square feet up to the maximum allowed under the Act for craft growers (changed since 1st Notice from a maximum of 14,000 square feet).”
Tilray” or the “Company”) (NASDAQ | TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today sent an open letter to shareholders from Irwin D. NEW YORK & LEAMINGTON, Ontario–( BUSINESS WIRE )–Tilray, Inc. Simon, Chairman and Chief Executive Officer. A leading U.S. HELP TILRAY GROW!
Illinois proposed the new rule that allows craft grower to request an increase of 3,000, 6,000 or 9,000 square feet of canopy space in October 2023 and the new rules were adopted Feb. 1) A craft grower may request an increase of 3,000, 6,000 or 9,000 square feet of canopy space.
Tilray”) (NASDAQ | TSX: TLRY) a leading global cannabis-lifestyle and consumer packaged goods company, announced today that Irwin D Simon, Chairman and Chief Executive Officer, Tilray, and Carl Merton, Chief Financial Officer, Tilray, will participate in the Barclays Global Consumer Staples Conference on Friday, September 10, 2021 at 10:00 a.m.
The 2-gram disposable vape category is expanding rapidly, and Select is betting on them by building its 2024 4/20 campaign around the release of one. The Select 420K Gold Punch Briq vape is a limited release inspired by the strain 24K Gold. I recently stopped into Curaleaf Weed Street and picked up one of the limited Briq vapes to review.
Provide that no person shall offer or sell cannabinoid products, particularly packaged hemp products, to consumers in the State unless the person applies for and holds a hemp retailer license issued by the Department of Financial and Professional Regulation. Create in the State treasury a special fund known as the Hemp Social Equity Fund.
1, 2024, date the General Assembly approved last month. In addition to delaying legalization until 2024, the bill also requires significant components of the comprehensive package to be reenacted by the legislature next year.
By 2024, analysts predict the figure will rise to $7.2 Packaging and labeling requirements. According to figures published by the California Cannabis Industry Association, the state’s cannabis market in California currently pulls in annual revenue of $5.6 Types of cannabis license. Track and trace system.
States and cities collected $350 billion from the COVID-19 stimulus package to spend on everything from subsides for low income renters to pay increases for teachers. Municipalities must commit the stimulus money by 2024, and spend it by 2026. By 2030 sales should reach about $80 billion, the London-based bank estimates.
For example, D’Loraine Miranda announced proud news on February 4, 2020: “ Bare Market, Toronto’s Package-Free Shop, is Finally Open and here’s what you need to know about the incredible new space.” It was impossible to find all the things I would need in a day without the excess packaging,” she says. “It
Marijuana Business Daily projects that the state’s recreational market could generate up to $400 million in revenue its first year and more than $700 million by 2024.”. The state realized over $2.9M in recreational sales within 10 days of legalization. Use of Non-GAAP Financial Measures. Products from Hollister Biosciences Inc.
A House committee recently defeated a bill that would have allowed sales through existing medical marijuana dispensaries to begin in 2024, and hopes for progress have dimmed. Earlier today, @SenatorTester told me the next step for his VA Medical Cannabis Act is "hopefully getting it in a package that may include #SAFEbanking."
(“Tilray” or the “Company”) (NASDAQ | TSX: TLRY), a global pioneer in cannabis research, cultivation, production, and distribution, today held its first Annual Meeting of Shareholders as the ‘new’ Tilray, the leading cannabis-lifestyle and consumer packaged goods company with the largest global geographic footprint in the industry.
The legislation outlines three separate rounds of licensing, with the first round scheduled for the fall of 2023 and the second round in 2024. Edible cannabis products, infused non-edible cannabis products, capsules, and tinctures containing more than 10 mg THC per serving or 100 mg THC per package. Can I apply for a cannabis license?
The legislation outlines three separate rounds of licensing, with the first round scheduled for the fall of 2023 and the second round in 2024. Edible cannabis products, infused non-edible cannabis products, capsules, and tinctures containing more than 10 mg THC per serving or 100 mg THC per package. Can I apply for a cannabis license?
billion by 2024. Packaging is an important part of any savvy cannabis company’s strategy because just as with any other product, consumers need visual cues, attractants to help them make choices. Packaging is the first touchpoint to enable customers to experience a brand. Packaging should educate consumers as well.
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 Tilray, Inc. Tilray, Inc.
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. August 17, 2021 04:03 PM Eastern Daylight Time. About Tilray, Inc. Tilray, Inc.
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). Automatically expunging former marijuana offenses. Agustin Rodriguez. Christina Sava.
AB 1646 – Cannabis Packaging: Beverages. AB 1646 authorizes cannabis beverages to be packaged in containers of any material that are clear or any color. AB 1894 – Integrated Cannabis Vaporizer: Packaging, Labeling, Advertisement, & Marketing. AB 1706 – Cannabis Crimes: Resentencing.
In this comprehensive guide, we explore the latest and most effective cannabis storage containers for businesses in 2024. Child-resistant packaging is a legal requirement in in many jurisdictions, and investing in certified containers from reputable brands like Pop Top and MedTainer can help businesses meet these standards.
Cannabis companies look for experienced and talented employees, leading to competitive job salaries and benefits packages. Packaging Manager. In 2024, a vote on adult-use cannabis may propel the market to greater heights. Cannabis Job Salaries in 2022. Analytical Chemist. Testing Laboratory Manager. Dispensary Manager.
Sales are expected to exceed $20 billion by 2024 and knowing the market inside and out can give you and your company a competitive advantage. The prices of these tests vary, so expect a price tag of several hundred dollars for a complete testing package. When it comes to packaging, there are so many options out there.
milligrams per package, whether for ingestion or inhalation. 1, 2024, or later. Drug Enforcement Agency defines hemp as cannabis products containing less than 0.3% THC —the psychoactive compound responsible for the prized psychoactive effect in cannabis—Maryland’s cannabis law sets a lower THC concentration benchmark.
However, AB 37 will provide at least some tax relief to California cannabis businesses (from 2020-2024). AB 1259 takes effect immediately, and it will change up the packaging/labeling requirements for vape cartridges and pen makers by making life a little bit easier. ” Vape Cartridges and Pens.
It is the intention of EuroLife to distribute HANF SWISS hemp cigarettes throughout various bricks-and-mortar outlets in Europe, alongside its own CBD consumer package goods e-commerce marketplace once fully operational.
But here’s something pretty cool: a 2024 study found that 65% of people with chronic pain saw major improvement after adding CBD oil to their routine! Here’s the lowdown: Full-Spectrum CBD : This is the whole package! Did you know that more than 50 million Americans deal with chronic pain?
It will also be responsible for issuing licenses to cultivators (15,000 square feet or more), micro cultivators (2,000–10,000 square feet), retailers, hybrid retailers, product manufacturers, food and beverage manufacturers, product packagers, and delivery services or transporters.
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