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Illinois Senate creates cannabis omnibus

Illinois News Joint

New language for transporters also exist in the omnibus, such as, “By January 1, 2025, the Department shall adopt rules for the issuance of consolidated transport center licenses and shall issue applications for consolidated transport center licenses,” and the addition of 16,000 pounds for a commercial motor vehicles that transporter use.

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Aleafia Health Completes Breakthrough Medical Cannabis Export to Germany

Cannabis Law Report

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.

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Leading Cannabis Gift Card Program Provider, Birchmount Network, Closes $2.5M in Seed Round of Funding

Cannabis Law Report

We are thrilled to bring best practices across compliance and fraud mitigation within the mainstream gift card industry to the rapidly growing cannabis industry,” said Birchmount CEO and Co-founder Alex Barseghian. gift card market is expected to be worth $239 billion by 2025. billion in 2021. At a CAGR of 8.8%, the U.S.

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Oregon Cannabis Proposals Could Dramatically Reshape Industry

Cannabis Law Report

The 2018 Farm Bill legalized hemp and opened the door for interstate trade of the commodity, while marijuana — i.e., cannabis that has above 0.3% Distro LLC affirmed the legality of these products.[1]. delta-9 THC — remains federally illegal, and trade is relegated within independent, intrastate markets. concentration threshold.

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From DEA to Legal Cannabis: Charles Feldmann Weighs In

CannaTech

In 2009 as the regulatory framework began to shift in Colorado, Charles recognized the need for his niche expertise in assisting cannabis entrepreneurs to comply with strict regulatory compliance protocol. CannaTech alumnus sponsor and cannabis legal expert. Charles Feldmann, Esq. “Doveryai, no proveryai ( ????????, ?? ?????????)”

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Village Farms International Acquires 70% of Québec-Based ROSE LifeScience, a Leading Vertically Integrated Branded and Third-Party Supplier to the Québec Cannabis Market

Cannabis Law Report

The Village Farms Shares issued under the Share Purchase Agreement are subject to lock-up agreements, and subject to compliance with applicable securities laws, 33% of these shares will be released in four months, another 33% of these shares to be released after eight months and the remaining shares to be released after one year.

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International and Cross-Border Tax Issues in the Cannabis Industry

Greenspoon Marder Cannabis Law Group Blog

The courts have consistently held that marijuana dispensaries operating in compliance with state law are trafficking in controlled substances and are subject to Section 280E.[11] For years that begin after 2025, the deduction will be reduced to 37.5% 1971-83; Peterson Produce Co. United States , 313 F.2d 2d 609 (8th Cir.