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SB3941 allows cannabis patients to purchase from all Illinois dispensaries

Illinois News Joint

This 1-paragraph provision states, “By April 1, 2025, all dispensing organizations shall pay a one-time fee of $10,000 to be deposited into the Compassionate Use of Medical Cannabis Fund. After this one-time fee, all dispensing organizations shall renew under Section 15-45.

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INCBA is looking for Directors for the 2023-2025 term.

Cannabis Law Report

Attended one INCBA social or CLE Event in the past year. They write Great non-profit directors are goal-driven, engaged, and ready to participate both in the financial and operational aspects of INCBA. Are you our next Board Member? Eligible INCBA Board Members have: Been a member of INCBA Since June 30, 2022 or before. Been […]

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IDOA extends operational deadline for craft growers

Illinois News Joint

The Illinois Department of Agriculture (IDOA) and Division of Cannabis Regulation recently announced the operational deadline for craft growers who were awarded an initial license has been extended. 1, 2024 and will now be extended to June 1, 2025. For more Illinois cannabis industry news, visit here.

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Columbia Care Announces Closing of US$74.5 Million Private Placement Offering of 6.00% Secured Convertible Notes Due 2025

Cannabis Law Report

(NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”) is pleased to announce that it has closed its previously announced private placement (the “Offering”) issuing US$74,500,000 aggregate principal amount of 6.00% secured convertible notes due 2025 (the “Notes”). Caution Concerning Forward-Looking Statements.

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From Farms to Festivals: New York’s Innovative Approach to Cannabis Sales and Showcases

Veriheal

Imagine being able to go to the farmer’s market, and instead of buying food items, you get to examine cannabis plants, negotiate their prices, and have random conversations with the farmer. Thanks to the New York Office of Cannabis Management, the idea of a legal cannabis showcase program is now a reality.

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Senator Krueger To Use Conference To Outline NY “Nation Leading” Cannabis Approach Says Press Release

Cannabis Law Report

New York: The New Capital of Cannabis? Senator Liz Krueger to Detail ‘Nation-Leading’ Model for Cannabis Legalization at Major Summit This September. Prohibition Partners estimates that total sales of medical and adult-use cannabis in New York will reach USD$2.6 billion by 2025. The New Capital of Cannabis.

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Senate Bill 1723 moves to Subcommittee on Cannabis

Illinois News Joint

Senate Bill 1723 , which deals with several provisions for craft growers, recently moved from Executive to the Subcommittee on Cannabis. Lightford originally proposed the bill that amends the Cannabis Regulation and Tax Act on Feb. 3) During calendar year 2025, 70,000 grams per month. (4) Kimberly A.