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Gov. Newsom’s Budget Trailer Bill Makes Significant Reforms to California Cannabis Laws, Including Elimination of the Cannabis Cultivation Tax

Cannabis Law Report

AB-195 contains several significant reforms to California’s cannabis laws. The most noteworthy changes are outlined below, beginning with the much-anticipated changes to cannabis taxes. California Cannabis Cultivation Tax Eliminated. The budget trailer bill eliminated the cannabis cultivation tax beginning July 1, 2022.

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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

Legalizing cannabis for adults has been a wise investment. billion in tax revenue from legal, adult-use cannabis sales. billion in tax revenue from legal, adult-use cannabis sales. Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. Colorado (pop.

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So-Cal Band Sublime’s Cannabis Line Launches Unique Signature Products

Veriheal

Sublime’s cannabis line merges its musical legacy with its passion for cannabis, offering fans an immersive experience that goes beyond the enjoyment of the group’s songs. For fans of legendary So-Cal band Sublime, there’s now a line of cannabis products inspired by their favorite music group. to Freedom” album.

Strains 95
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UCANN Drops Patent Lawsuit Against Pure Hemp Collective

SpeedWeed

The Hemp Grower Conference will bring together industry pioneers, successful businesses, leading researchers and regulators to help all hemp growers navigate the cultivation, business and regulatory challenges they face, as well as understand the coming market trends and opportunities that can help shape the future of their businesses.

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Official: Report of the Inquiry into the use of cannabis in Victoria

Cannabis Law Report

This inquiry was an examination into how Victorian cannabis policy can be improved. The evidence provided by stakeholders overwhelmingly supported cannabis reform in the form of introducing regulation rather than increasing penalties or retaining the status quo. Access Rights Type : open. PUBLISHER Parliament of Victoria.

Policy 105
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Cannabis laws in Uruguay

The Cannigma

Medical: legal Recreational: legal Uruguay has gained international recognition for its pioneering approach to cannabis laws. It became the first country in the world to fully legalize recreational cannabis in 2013, and has a long-standing cultural association with weed. Recreational cannabis is legal in Uruguay.

Law 52
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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

The cannabis tax reform trailer bill will: Indefinitely suspend the cannabis cultivation tax effective July 1, 2022. Move cannabis excise-tax collection and remittance to retail in 2023, establishing one point of collection and remittance and greatly simplifying tax requirements for the entire cannabis supply chain.