2025 Access Compliance Cultivation 
Cannabis Law Report
JULY 11, 2022
California Cannabis Cultivation Tax Eliminated. The budget trailer bill eliminated the cannabis cultivation tax beginning July 1, 2022. The harvested cannabis was first sold or transferred by a cultivator to a distributor on or after July 1, 2022. California Cannabis Excise Tax Capped at 15% for Three Years.
Illinois News Joint
MAY 12, 2023
The first amendment adds that a “craft grower may contain up to 14,000 square feet (instead of 5,000) of canopy space on its premises for plants in the flowering state, which must be cultivated in all stages of growth in an enclosed and secure area.”
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Cannabis Law Report
JANUARY 21, 2022
20, 2022 /PRNewswire/ — Dama Financial (“Dama”), the nation’s largest provider of access to banking and payment solutions for the cannabis industry, has entered into an agreement to acquire GrowFlow Corp. (“GrowFlow”), whose business management and compliance tools have processed more than $3.3
Cannabis Law Report
MAY 13, 2022
Some changes include: Setting the cultivation tax rate at zero beginning July 1, 2022. Up to $150 million one-time General Fund is available as needed through 2025-26 to backfill Allocation 3 funding, along with the authority to increase the excise tax rate through 2024-25 if tax revenues fall below the baseline for Allocation 3.
Cannabis Law Report
JUNE 3, 2021
Gaining access to Europe’s most mature legal cannabis market is an important breakthrough for Aleafia Health, with fulfilment of successive purchase orders to Germany currently underway. billion by 2025, with Germany alone representing nearly half the total market size, according to research from Prohibition Partners.
Cannabis Law Report
JULY 28, 2022
As a first in UK media, the investment would give Cannaray’s flagship wellness CBD brand access to a “high-reach upmarket TV audience” in the UK. billion by 2025. The head of C4 Ventures, Vinay Solanki, said the investment reflected the rapid use of medical cannabis and CBD across the UK and EU.
Cannabis Law Report
NOVEMBER 29, 2021
Management believes that StateHouse, which is expected to trade under a new symbol (CSE: STHZ), will be the largest and most developed cannabis platform in the state of California with superior retail, brands, processing, manufacturing, distribution and cultivation. billion by 2025[3].
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