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NY: Indigenous Tribes Taking Lead On State’s Cannabis Legalization Says Article

Cannabis Law Report

After the state legalized recreational marijuana in March, the lawmakers and advocates who pushed for the law have been criticizing Gov. On June 28, it became the first tribe in the state to legalize recreational marijuana. And the new businesses could have big monetary implications for the tribe. “It

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ChiWeed Directory of Marijuana Recreational Businesses

Otherside Farms

Good news to cannabis enthusiasts as Illinois becomes a legal market for marijuana come 2020 with the passing of House Bill 1438, the state of Illinois has moved to having legal recreational, adult-use cannabis. On May 31, Illinois approved a plan that will allow the sale of legal recreational marijuana (21-and-older) on Jan.

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Michigan distributes $10 million in tax revenue to communities with recreational marijuana businesses – Cannabis Business Executive

SpeedWeed

This week, 38 cities, seven villages, 21 townships and 38 counties began receiving payments from the state Marihuana Regulation Fund for every licensed recreational marijuana retail store and microbusiness within its jurisdiction, according to a news release from the Michigan Marijuana Regulatory Agency. View original article.

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Bloomberg Article: Federal Taxation of Cannabis Under Proposed Legislation

Cannabis Law Report

Greg Kaufman of Eversheds Sutherland outlines the key provisions and urges lawmakers to consider data collected at the state level to get it right. In practice, Section 280E does not allow state-level legal cannabis businesses to deduct ordinary business expenses when determining gross income from the sale of inventory.

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Colorado may see its biggest overhaul of marijuana laws since recreational legalization – Cannabis Business Executive

SpeedWeed

As recently as 2014, the vast majority of medical and recreational cannabis sold in Colorado was flower and only 11% was the high-potency concentrates consumed through dab rigs or vape pens. View original article. By 2019, concentrates took up a third of the market and flower was below 50%. Read more at The Denver Post ].

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Petition filed to legalize recreational marijuana in Oklahoma

Cannabis Law Report

A petition has been filed in an effort to legalize recreational marijuana in Oklahoma. The Oklahoma Marijuana Authority would license and regulate marijuana-related conduct and administer the article pursuant to specified requirements. But previous attempts to legalize recreation marijuana fell short of signatures needed.

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Criminal History and Hemp Licensing Under the USDA Interim Hemp Rules

Canna Law Blog

Among these requirements is that if the producer is a business entity, the State or Tribe must collect and submit information that includes: The full name of the business, Address of the principal business, The location, full name and title of the “ key participants ”, An email address if available, and.

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