The Blunt Truth

JUNE 2, 2023

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. Sales won’t begin immediately; dispensaries will likely open in late 2024 or early 2025. So where does that leave the state’s Legal Marijuana Now Party? This week, we see Minnesota legalize adult-use cannabis.

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Consumption Legalization Retail Dispensary 105

Cannabis Law Report

DECEMBER 2, 2021

Several states held votes for determining the legal marijuana industry’s future in one form or the other. And, these involved making marijuana consumption for recreational purposes. Mississippi also voted for allowing medical marijuana. Some key benefits of legalizing marijuana are: Impacts Tax Revenue.

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The Blunt Truth

DECEMBER 16, 2022

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. Sales will begin on January 10 at seven medical marijuana dispensaries that are now qualified for a hybrid license. New Hampshire allows the use of marijuana for medical purposes, but adult-use generally is illegal.

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Veriheal

AUGUST 29, 2023

As a prerequisite for approving the Cannabis Grower Showcase program, there must be at least three (3) licensed cultivators at the showcase partnering with licensed dispensaries to sell tested, approved, and licensed cannabis products to customers. Cuomo enacted the state’s Marijuana Regulation & Taxation Act (MRTA).

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Cannabis Law Report

FEBRUARY 18, 2020

Marijuana has been a long-standing subject of controversy in the U.S Even though 47 states have legalized cannabis for some forms of medical use , New York significantly falls behind its neighbors in terms of marijuana legislation. History of Marijuana Legislation in New York. In 1927, marijuana was restricted completely. .

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Marijuana Consumption Dispensary Vaping 59

Cannabis Law Report

OCTOBER 8, 2019

Illegal operators would have to secure a local cannabis permit by January 1, 2025 through the local process, but would not have to go through the screening permit process, or the conditional use permit process, if they stay in their current locations.

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Veriheal

SEPTEMBER 21, 2022

Since this time, the 38-year-old has built one of the country’s most well-known marijuana lifestyle brands. ” Cookies’ Foray Into Thailand’s Legal Marijuana Market. billion) by 2025—Berner decided to introduce his brand to the Southeast Asian country’s market.

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Cannabis Law Report

APRIL 20, 2022

The popular cultural association of “420” with marijuana has been widely used since the 1970s. The term is a reference for the time of day that four California high school students would meet in their search to find an abandoned marijuana field using a “treasure” map. Marijuana firm to seek $38M in tax breaks for Wawarsing facility.

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Cannabis Law Report

JULY 12, 2021

In the coming months, marijuana plant-related businesses are going to be popping up all over the east coast, now that New York, New Jersey, Maine and Massachusetts have legalized cannabis, among other states with limited capacity (like Pennsylvania). New York is just one of 17 states across the country legalizing cannabis.

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Banking Dispensary Research and Development Cannabis 106

Cannabis Law Report

JULY 1, 2021

New Cultivation Licenses Limited To SEIAs through January 1, 2025. The proposed amendments to the Ordinance would make cultivation available only to SEIA through January 1, 2025. Key Takeaways –. According to the City, only a small number of those cultivation licenses went to Tier 1 and Tier 2 applicants. EMMD Relocation.

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Cultivation Retail Compliance Compliance 64

Cannabis Law Report

JULY 4, 2019

Fry, representing a business named Green Care, is applying to grow marijuana in Hillsdale and sell it in St. Large multi-state marijuana sellers from outside Missouri. Large multi-state marijuana sellers from outside Missouri. Altogether, they’re applying for at least 25 licenses to grow or sell marijuana.

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Dispensary Business Law Cannabis 55

Cannabis Law Report

JULY 26, 2022

He referred to the election-promise made by his Bhumjaithai Party (which is part of the ruling coalition government), three years back, that they would campaign for the legalisation of marijuana. This is a huge tax opportunity for Thailand, which could raise as much as $129 billion baht by 2025 and generate as much as 4,87,000 job.”.

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The Joint Blog

NOVEMBER 10, 2020

In legal states, fans of marijuana have turned to cultivate their own green plant for their personal use. But when it comes to commercial marijuana farming, the basic process becomes complex. But when it comes to commercial marijuana farming, the basic process becomes complex. Know the State’s Licensing Structure.

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Cultivation Seed-To-Sale Marijuana Digestion 26

Otherside Farms

SEPTEMBER 13, 2021

Did you know that following the legalization of marijuana in most states, you can now buy or grow cannabis? cannabis industry is projected to reach $30 billion in market value annually by 2025. The only challenge you may encounter is choosing between the two main types of marijuana–Sativa, and Indica. Potential Medical Benefits.

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Cannabis Law Report

APRIL 8, 2019

The global legal marijuana market should be worth almost $150 billion by 2025. Therefore, if you’re thinking about investing in legal marijuana stocks, now would be the time to purchase some since the prices are only going to increase. At the moment, the biggest concern of all legal manufacturers and dispensaries are pot taxes.

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Cannabis Law Report

AUGUST 20, 2022

This month, cannabis operators closed their doors on more than ten dispensary locations in Michigan and Colorado. billion by 2025. In a capital-intensive industry such as cannabis, these equity valuation compressions have resulted – for many companies – serious working capital deficit issues. billion in 2020 to an estimated $16.7

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Otherside Farms

MAY 17, 2021

billion by 2025, according to reports. Marijuana packaging plays a very important role to reassure consumers that they are purchasing a legitimate and safe product. The Problem with Marijuana Packaging. Retail Marijuana Packaging. The global packaging market for cannabis products is expected to surpass $20.4

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Cannabis Law Report

JANUARY 9, 2022

At the time, the state had an unregulated, arguably illegal, medical cannabis dispensary system, which was separate from the regulated adult-use program. In addition, the legislature allowed medical cannabis dispensaries to sell a limited amount of cannabis (five grams) to adults from October 2015 until December 31, 2016.

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Dykema (Cannabis Law Blog)

JUNE 7, 2023

On May 30, 2023, Governor Tim Walz signed legislation to legalize recreational use of marijuana for persons 21 years of age and older. The bill legalizes the production and sale of marijuana flower concentrates, topical and edible products, immature cannabis plants and seeds, and hemp-derived THC products.

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Cannabis Law Report

APRIL 12, 2022

So long as an existing provisional licensee can demonstrate that it is “actively and diligently” pursuing an annual license, such licensees may continue to operate and will be eligible for renewal every 12 months until January 1, 2025. 5] See Union of Medical Marijuana Patients, Inc. City of San Diego (2019) 7 Cal.5th

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Cannabis Law Report

JUNE 7, 2021

Legalizing marijuana for adults has been a wise investment. billion in tax revenue from legal, adult-use marijuana sales. Colorado voters approved an initiative to regulate marijuana for adults in November 2012, and on January 1, 2014, the state became the first with legal adult-use sales. Colorado (pop. Oregon (pop.

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Marijuana Retail Collective Programs 91

Canna Law Blog

JUNE 25, 2020

Phase One was for existing medical marijuana dispensaries. Type 9 non-storefront retailer licenses and Type 10 storefront retailer licenses would only go to social equity applicants until January 1, 2025; Lottery Time. The long and the short of it is that L.A. has three licensing phases for doing cannabis business in the City.

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Concentrates Retail Cultivation Programs 69

Cannabis Law Report

JULY 8, 2021

As well as to make legislation allowing the smoking of crude cannabis sativa plant (also known as marijuana, weed, Mary Jane, pot, reefers, ganja, joint, and grass) for medical reasons (so-called “medical marijuana”). billion in federal tax revenue by 2025. percent or 16.7 million) than in 2008 (6.1 percent or 15.2

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Cannabis Law Report

AUGUST 23, 2021

Section 280E of the Internal Revenue Code prohibits taxpayers who are engaged in the business of trafficking certain controlled substances (including, most notably, marijuana) from deducting typical business expenses associated those activities. LSD; marihuana (a/k/a marijuana); mescaline; peyote). [9] 97-494 (Vol. I), at 309 (1982).

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SMPL

MAY 26, 2020

A headstrong biochemist, she had been growing marijuana since the age of 14 and had just quit a six-figure job to start her own cannabis testing lab. In addition to convincing marijuana dispensaries to widely carry CBD, they wanted to educate the public about its promising benefits. San Francisco weekly.

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Puff Puff Post

DECEMBER 2, 2019

billion, and is expected to grow dramatically by 2025. Many of them make use of their online stores, as well as local dispensaries in states allowing recreational cannabis. Koi CBD was one of the 15 companies singled out by the warning, despite the fact that there are now countless CBD companies with similar products and marketing.

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CBD Food Pets Safety 52

Veriheal

JANUARY 26, 2024

Possession of up to an ounce was decriminalized, and plans are underway to open dispensaries statewide. Another new proposal, and an innovative one, would allow patients over 65 years old to self-certify for medicinal marijuana without the recommendation of a physician.

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Canna Law Blog

FEBRUARY 6, 2024

Whatever hasn’t passed by that day will be scuttled to 2025, or fade to black entirely. Marijuana license caps and moratorium (sections 15 to 20) This is a big deal! This is an imperfect analogue for marijuana, because unlike with liquor, OLCC doesn’t own the product and sell it through to retail. And interesting.

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The Blunt Truth

JANUARY 19, 2024

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. In 2022, the DC Council lifted the cap on the number of medical marijuana dispensaries in the city, allowing the gifting shops the opportunity to become registered businesses. Be well everyone – we’ll see you next week.

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Greenspoon Marder Cannabis Law Group Blog

JUNE 25, 2021

The regulations provide inventory accounting rules for resellers (Dispensaries) at section 1.471-9 and for producers under the “full absorption method” at section 1.471-11.[8] 11] The courts have also held that the paraphernalia and T-shirt component of a dispensary isnot a separate business and it is also subject to section 280E.

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SpeedWeed

MARCH 15, 2021

During the tumultuous weeks and months of the past year, a nine-letter word emerged as a game changer for the nation’s legal marijuana industry: “essential.”. Both states also designated marijuana operators as “essential” – along with pharmacies, supermarkets and liquor stores – and those businesses were allowed to stay open.

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Cannabis Law Report

DECEMBER 10, 2021

Mark down Germany as another country that has moved ahead on legalizing marijuana nationwide. Currently, marijuana possession for personal use is decriminalized in Germany. It’s unclear whether it will also include cultivation and production of marijuana. billion euros by 2025, about $3.7 The Politics of the Proposed Law.

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The Joint Blog

JULY 28, 2020

to legalize marijuana for recreational purposes! Acampaign to legalize marijuana said Friday it has cleared the signature hurdles to see its two initiatives on the ballot in Montana’s general election in less than four months’ time. If Montana does legalize marijuana in November, they would become the 12th U.S.

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Cannabis Law Report

OCTOBER 17, 2019

Outsiders are coming in thinking that we’ll be passing legal recreational marijuana shortly and are willing to invest. The sales prices of dispensaries are rising almost daily.”. Each has different levels of a compound called tetrahydrocannibinol (THC), which is what gives marijuana users their high.

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SpeedWeed

MAY 18, 2021

In an explicit effort to give current Montana-based dispensaries a temporary advantage over out-of-state players, the new law imposes an 18-month moratorium on all new licenses. said Marc Lax, the CFO of Spark1 , a dispensary chain with stores across the state. The post Montana just changed its marijuana law.

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Cannabis Law Report

JUNE 18, 2022

Most companies have opted to reject such buys faced with the potential risk to their license as federal law continues to put marijuana in the same class of illegal drugs as heroin. Kay Granger (R-TX) slammed the radio and TV marijuana advertising proposal during a hearing, which she called a “significant” policy change. “As

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