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Illinois officials recently released the Annual Cannabis Report for Fiscal Year 2024. The 144-page report, compiled by the Cannabis Regulation Oversight Office (CROO), incorporates data from several state departments. The report also touts, as more evidence, Illinois’ $2,007,401,374 in sales during the past fiscal year.
Illinois is set to switch its cannabisseed-to-sale tracking system after delivering a Notice of Intent to award a contract to a new vendor. With the new contract, Metrc is poised to take over Illinois’ seed-to-sale tracking for licensed operators. For more Illinois cannabis industry news, visit here.
HerbalGram, the acclaimed quarterly journal of the American Botanical Council, recently published its 2021 “Herb Market Report,” which included data on sales of CBD as an herbal ingredient in mainstream and natural retail channels in the United States. E-commerce sales of CBD in the U.S. increase in annual sales.
Thanks to the recent emergence of regulated medical cannabis markets, the success of this versatile plant can be followed from farm to pharma and prescriber to patient, however, the origins of cannabis as medicine cannot be as simply traced as the plant is today from seed to sale. million people.
Activists in Nebraska, along with two pro-legalization Senators, qualified a 2020 medical cannabis ballot initiative petition to begin collecting signatures from registered voters in the state. Welcome to the latest edition of NORML’s Weekly Legislative Roundup! Your Highness, Carly. Actions to Take. AL resident?
HR 420 (yes, you read that right): The Regulate Marijuana Like Alcohol Act would deschedule cannabis from the Controlled Substances Act, thus permitting state governments to regulate these activities as they see fit. Also, the rollout of the new leadership team of the Congressional Cannabis Caucus was announced. Your Highness, Carly.
Cannabis businesses in the state of Oklahoma have 90 days to become compliant with the state’s seed-to-sale (S2S) tracking system. Since the filing of this lawsuit last year, businesses have not been required to comply with any type of seed to sale tracking. Cannabis and Oklahoma: A Brief History.
Regulators in Iowa added two new medical cannabis qualifying conditions to the current list, ulcerative colitis (effective immediately), and severe pediatric autism with self-injurious or aggressive behaviors (effective 4/2/19). Welcome to the latest edition of NORML’s Weekly Legislative Roundup! Your Highness, Carly. Actions to Take.
Although medical cannabis has technically been legal in Missouri for over a year and cards have been issued, patients are still waiting desperately for dispensaries to open across the state. Problems plaguing the medical cannabis program in Missouri are three-fold. Seed-to-sale systems complicate production and sale of cannabis.
Perth-based medicinal cannabis producer Little Green Pharma (ASX: LGP) has taken delivery of the first shipment of cannabis flower medicines from its new growing facility in Denmark. Named after an Australian wildflower, the medicine has a THC content of 16% and is available for sale in 15g packs through pharmacies nationwide.
South Africa-based cannabis brand Goodleaf Company is merging with Highlands Investments in a deal valued at almost R650 million ($50 million), Benzinga has learned exclusively ahead of an official announcement. Yahoo Finance is reporting the following. The combined entity boasts more than $25 million in investments in the continent to date.
(the “ Company ” or “ TGOD “) (TSX: TGOD) (US-OTC: TGODF), a leading producer of premium certified organically grown cannabis, is pleased to announce it completed its first international commercial shipment consisting of cannabis flower and other extracts destined for the highly anticipated South African medical cannabis market.
In fact, it might soon be famous for its green grass, that is to say, cannabis. Governor Beshear believes that the cannabis plant is the future, and supports cannabis legalization efforts both medically and recreationally. The Governor’s support for cannabis legalization didn’t stop there.
Legislation is pending, Senate Bill 440, to prohibit the availability of cannabis-infused food and drink products for qualified patients. Welcome to the latest edition of NORML’s Weekly Legislative Roundup! At the state level, North Dakota state Rep. Your Highness, Carly. Actions to Take.
Akerna (Nasdaq: KERN ), an enterprise software, leading compliance technology provider, and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®) today announced the release of its second annual mid-year review. You can access the report here.
Most states’ regulated cannabis regimes require licensed cannabis companies to use seed-to-sale track-and-trace software. Our California cannabis attorneys frequently assist clients with track-and-trace compliance and preparation.
AUTHOR: Rob Hendrix – Cannabis Consulting Nationwide LLC. PUBLISHER: CANNABIS LAW REPORT. Washington State passed Initiative 502, the legalization of adult use Cannabis, in November of 2012. My store, Cannabis Central, was in the third flight of stores to open in August of 2014.
According to the companies, the transaction will result in the largest vertically integrated cannabis operation in Africa, with an investment in excess of R350m to date. From seed to sale. “We Goodleaf’s products will soon be exported to large retailers in Asia and Europe and are also available online through goodleaf.co.za.
MTL Cannabis to Acquire Control of Canada House. The acquisition combines proven high quality dried flower sales and industry-leading yields with immediate facility expansion, increased capacity, enhanced product development, key sales licences, existing provincial supply deals, and direct distribution to medical patients focused on Veterans.
While the illicit markets are still thriving, the Canadian province of Ontario has shown that the legal cannabis market can actually overtake the illicit. New data on the cannabissales in Ontario’s legal cannabis market showed that the majority of cannabis purchases between July and September 2021 were from legal retailers.
On February 27, 2023, Dykema’s Cannabis Industry Group was contacted by the Michigan Cannabis Regulatory Agency (“CRA”) about possible immediate suspensions of METRC user accounts. METRC operates a seed-to-sale tracking software and accurate compliance and reporting in the software is mandatory by all licensees.
In July, 2017, a joint ministerial decision between the Ministers of Health and Justice legalized medical marijuana in Greece, and changed the classification of cannabis from a Table A drug to a Table B drug. The following year, Greek lawmakers approved a law to allow the cultivation and processing of medical cannabis with up to 0.2%
We’ve been writing a lot on this blog about the regulation and sale of cannabidiol (“CBD”) products at the state and federal levels. The United States is not the only international actor, however, that is concerned with regulating the sale of CBD products, including CBD-infused foods. extracts of Cannabis sativa L.
It has been a few years since the wheels began turning on the legalization and sale of medical marijuana in the state of Missouri. Even though laws were put into place that legalized MMJ and made it possible for qualifying patients to access the medication, dispensaries and sales had not yet come into play.
It’s no secret that California’s illicit cannabis market is alive and well; a recent audit showed that there are nearly 3,000 unlawful cannabis businesses in the Golden State. It seems now, however, that the state is following the traditional path of other states with regulated cannabis markets and stepping up enforcement.
European cannabis media outlet Newsweed reports. As in France, many Spanish stores sell cannabis flowers with a low THC content. . Only crops authorized by the Spanish Agency for Medicines and Health Products (AEMPS) and the resulting flowers would thus be authorized for free sale in Spain. Joan Bertomeu Representing Lawyer.
While cannabis legalization moves full steam ahead through much of the Northeast, the southeastern U.S. These states haven’t made major headlines for their progressive cannabis policies, but together they constitute a major market that has, nevertheless, dipped its toe in the water. has been notably slow to uptake major reforms.
Medical cannabis helps millions of patients across the U.S. That’s almost 2% of eligible persons in states where medical cannabis is legal, as of December. However, access to medical cannabis is not the same across states. Which States Have the Highest Priced Cannabis. Prices of Cannabis in Different States.
Four Illinois House bills involving cannabis oversight and regulations were assigned to the Executive Committee February 28, 2023. The four Illinois House bills include HB1436 (Cannabis-Oversight Commission), HB2430 (Cannabis Reg-Nursery Licenses), HB2522 (Cannabis-Delivery Licenses), and HB3921 (Miscellaneous Cannabis Regulations).
Connecticut’s General Law Committee has proposed a bill that would no longer allow Connecticut residents the option of gifting cannabis to family, friends, or strangers. Naturally, cannabis advocates and supporters are dismayed at the potential changes. Gifting Cannabis: Should It Be Allowed? The Real Issue at Hand.
Under the supervision of the Executive Director of the Georgia Access to Medical Cannabis Commission. Regulated firms include cannabis production facilities, colleges and institutes of higher education, and dispensaries. Advise appropriate leadership of problems and/or trends within the cannabis industry in Georgia.
As cannabis gains widespread popularity across the United States, a growing number of newcomers are searching about important topics like THC vs. CBD, the differences between cannabis and marijuana, how hemp plants factors into the conversation, and more.
Canonic Ltd, a company focused on the development of medical cannabis products and a wholly owned subsidiary of Evogene Ltd. NASDAQ: EVGN ) (TASE: EVGN), announced today the pre-launch of its first-generation medical cannabis inflorescence products. Evogene Logo (PRNewsfoto/Evogene). G-nnovation first products.
Colombian President Ivan Duque Marquez has signed a new law that would allow a much larger amount of dry flower to be exported from the country, after a high-profile meeting of Colombian cannabis business leaders with US-listed public companies. ” Columbia Decree. Licenses have been extended from five years to 10 years.
On November 8th, 2022, Maryland passed a new law legalizing recreational cannabis use for adults 21 and older, opening up a whole new industry for the state. Effective July of 2023, the new legislation aims to regulate medical and recreational cannabis as similarly as possible, holding them to the same standards.
On eve of Commission’s fourth birthday, Marijuana Establishments surpass $2 billion in gross sales since retail stores opened in Massachusetts; progress continues to achieve industry goals. Over the first year of adult-use sales , from November 2018 to November 2019, 33 Marijuana Retailers generated $393.7
Long before we all got surgically-attached to our smartphones, cannabis was there, lovingly held in the palm of your hand, a constant companion in daily life. But as cannabis has become more mainstream – and our lives have become more and more online – the cannabis industry has also gone mobile.
A cannabis consultant is someone who plays an especially important role for those looking to open a cannabis business but lack experience in certain areas. This meant they needed a good amount of knowledge pertaining to things such as soil, lighting, irrigation, and other vital aspects of growing cannabis.
–(BUSINESS WIRE)–International cannabis brand Cookies today announced the debut of new top-shelf concentrate and flower product lines at the Cookies Tacoma retail location, with statewide availability coming soon through an exclusive partnership with expert extraction company Edgemont Group , maker of Full Spec and Leafwerx products. .–(BUSINESS
Greenspoon Marder Expands Cannabis Law Practice In The Midwest And Names New Cannabis Group Chair. Greenspoon Marder is pleased to announce the expansion of the firm’s Cannabis Law practice group with the addition of five new attorneys in the firm’s new Chicago location. Here’s their press release.
Could Cannabis be Pennsylvania’s Saving Grace? On a bright note, electronic sales are on the rise in the US, giving the state a slight glimmer of hope at not losing all of its financial avenues. Lawmakers are looking at ways to increase the state’s revenue, and to no surprise, some suggest legalizing recreational cannabis.
The US cannabis industry has an equality problem. It’s not a new problem, nor a problem limited to cannabis. Yet it is one that cannabis is uniquely positioned, and failing, to address. Despite 36 states with legal marijuana, less than 2% of cannabis businesses are owned by Black people. The four pillars of equity.
implemented a revolutionary emergency amendment to its medical cannabis program. residents over the age of 21 to self-certify their intent to use cannabis for medical purposes when applying for D.C.’s ’s Medical Cannabis Program. ’s safe and regulated cannabis market, minimize D.C.’s Pushing D.C.’s
We strongly believe that all patients should have affordable access to the medication they need – which is why we’re excited to share the holiday discounts and sales below! Please contact dispensaries directly with any product and/or sales questions. GrowHealthy has not publicized any sales at this time. COLUMBIA CARE.
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