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Illinois Senate creates cannabis omnibus

Illinois News Joint

Another paragraph added, “During hours of operation, dispense all cannabis from the restricted access area, a drive-through window of the restricted access area, or a pickup location in close proximity to the restricted access area.

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Alert: Governor Gavin Newsom signs legislation implementing the 2022-23 state budget, including trailer bill focusing on measures to bring tax relief to the cannabis industry

Cannabis Law Report

Retain the current 15-percent excise tax rate until at least 2025, and thereafter increase the tax rate (no higher than 19 percent) as necessary to make up for cultivation-tax revenue. You can access the bill language here. Allow eligible equity retailers to keep a percentage of the excise tax they collect. Thank you, Nicole Elliott.

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Alert: Newsom To Present Cannabis Tax Simplification Solutions To Legislature

Cannabis Law Report

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. Strengthening tax enforcement policies to increase tax compliance and collection and reduce unfair competition.

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Towns can get reimbursement for opting into Maine’s recreational cannabis market

Cannabis Law Report

The Office of Cannabis Policy last week announced the launch of an online portal Maine municipalities can use to obtain reimbursement for up to $20,000 of those costs. To access the portal, click here. Legal sales of adult-use cannabis in Maine could grow to $300 million by 2025, according to one industry consultant.

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Press Release: GACC (The Global Alliance for Cannabis Commerce) Releases Cannabis Industry’s First Model U.S. Federal Legislation

Cannabis Law Report

It overhauls the tangle of federal laws and regulations governing cannabis and replaces the archaic policy of cannabis prohibition with common-sense reforms for treating cannabis as an agricultural, medical, and consumer good where states decide to do so; it also respects state primacy on the decision to legalize cannabis within its borders.

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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. Here’s what they say. Legalizing cannabis for adults has been a wise investment. As of December 2021, states reported a combined total of $10.4

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Charlotte’s Web Among First Full-Spectrum CBD Added to the List of CBD Products Authorised for Sale in the UK Following Validation of its Novel Food Application

Cannabis Law Report

To date, most UK consumers have had access primarily to CBD isolate products and may be unaware of the potential benefits of the entourage effect from full-spectrum CBD like Charlotte’s Web, which includes all of the cannabinoids, terpenes and flavonoids extracted from the whole hemp plant. . billion by 2025.

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