Cannabis Law Report

MARCH 6, 2022

Since laws began to be changed to allow both medicinal, and recreational use of weed, a whole new industry has established itself. Famous names such as Mike Tyson have got involved in the marijuana business, and it no longer has any stigma attached to it. If you happen to be in California, then you may be interested in this article.

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SpeedWeed

MARCH 27, 2021

In New York, board officials would issue licenses for different steps of the supply chain — farming, processing, distribution, dispensaries and retail “consumption” sites, the memo says. View original article. The new state office would oversee the regulation of the adult-use and medical cannabis programs. Read more at CNN ].

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SpeedWeed

MARCH 15, 2021

Regulated recreational marijuana stores are coming to untapped Colorado markets after pro-marijuana ballot wins last November. Ascend Cannabis in Littleton commenced adult-use sales in late February, Westword reported, with local medical marijuana dispensary Silver Stem Fine Cannabis hoping to start non-MMJ sales by the end of April.

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Cannabis Law Report

MARCH 21, 2020

In reading §280E any taxpayer would fret that income taxes would be calculated on all gross receipts! Even though §280E disallows all credits and deductions with respect to business trafficking in controlled substances, the Supreme Court has allowed us some deductions, i.e., the cost of goods sold deductions. 173 (2007)).

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Veriheal

APRIL 17, 2025

Interestingly enough, the New York Times released an article in September of 2024, whereby a 1973 audio recording was unearthed of Nixon declaring he knew cannabis is not particularly dangerous, despite affecting millions of lives and families due to his policies ever since. Along with Adult-Use legalization in many states in the U.S.,

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Otherside Farms

OCTOBER 8, 2021

Now more than ever is the time to start a marijuana business. A marijuana dispensary is a place to sell marijuana. If you are interested in starting a cannabis dispensary, read on. Here are five tips to start your business on a high. Here are five tips to start your business on a high. Type of Marijuana Dispensary.

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SpeedWeed

FEBRUARY 25, 2021

CHICAGO, IL (February 25, 2021) – Cannabis Facility Construction (CFC), a national, full-service, cannabis design-build construction firm, is pleased to partner with Ascend Wellness Holdings, LLC (AWH) on two new dispensary construction projects for the Ascend brand. The 11,000 square foot dispensary represents an expansion for AWH in the St.

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SpeedWeed

APRIL 22, 2021

This article is the fourth in a series called, “So you want to start a canna biz?” This article focuses on different types of cannabis businesses. As the cannabis industry takes shape, the wide array of businesses that make up the industry really come into focus. Learn the types of cannabis businesses. Cultivation.

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SpeedWeed

MARCH 5, 2021

According to Leafly , a cannabis website, 12 states allow delivery of medical marijuana products and six states allow for delivery of recreational products. Officials said the partnership will help dispensaries who want to bring in more money, while operating within legal guidelines. View original article.

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Cannabis Law Report

FEBRUARY 20, 2022

Native American nations in New York state are eyeing the legal cannabis business, with some reservations already operating dispensaries. Shinnecock Nation to Open Dispensary and Wellness Lounge in Hamptons . And the OCM seems to be respecting their rights. As the Syracuse Post-Standard reports, the St.

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SpeedWeed

APRIL 3, 2021

All cannabis dispensaries are not the same. In states newer to the cannabis trade, dispensaries are often noticeably more immature in their appearance and retail strategy. There is also a noticeable difference in price between dispensaries in mature vs. immature markets. Take Michigan vs. California, for instance.

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Cannabis Law Report

MARCH 5, 2020

The article adds. Maine is planning to have its first recreational marijuana shops open in June, three months later than expected. Maine is “very close” to issuing the first round of conditional recreational business licenses, said Erik Gundersen, the director of the Office of Marijuana Policy. Says the Press Herald.

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SpeedWeed

MARCH 5, 2021

The second year of recreational marijuana sales in Illinois is off to a fast start. million in recreational sales during January, and $80.7 million in recreational sales during January, and $80.7 Out-of-state customers accounted for more than a fourth of recreational sales in Illinois. View original article.

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Business Marijuana Recreational Dispensary 52

Otherside Farms

FEBRUARY 26, 2023

With the legalization of cannabis in many parts of the world, cannabis dispensaries are becoming increasingly common. These dispensaries provide a variety of cannabis products to consumers, ranging from dried flowers to edibles and oils. Finally, security cameras can provide peace of mind for both business owners and customers.

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Cannabis Law Report

FEBRUARY 15, 2022

WEST ORANGE, NJ — NOTE: This article has been updated with a statement from the New Jersey Cannabis Regulatory Commission, which has disputed claims from the African American Chamber of Commerce of New Jersey and Rep. ” And that goes for the people who work in the marijuana business, too.

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SpeedWeed

AUGUST 6, 2021

There is one cannabis question that is regularly searched across a variety of Internet platforms: How many states have legalized adult recreational use of cannabis as of today? As a cannabis law professor and a legal analyst for emerging cannabis businesses, I often am asked that very question. The South Dakota Issue.

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The Joint Blog

AUGUST 10, 2021

As legal cannabis dispensaries have become more common across the United States, many dispensary owners have been searching for solutions to make their businesses more profitable and run more easily. One of the best ways to help your business grow is to upgrade your cannabis payment processing for marijuana dispensaries.

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Cannabis Law Report

MARCH 25, 2020

Recreational use of cannabis is now legal in Illinois, and the laws around its use in relation to licensing, banking, employee handbook guidelines and intellectual property protection can be complex. Reinhart Boerner Van Deuren presented The Business of Cannabis in Illinois. Banking a CBD business or marijuana-related business.

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SpeedWeed

JULY 16, 2021

On Thursday, two Democratic state House representatives there—Casey Weinstein and Terrence Upchurch—introduced legislation to legalize and regulate the cultivation and sale of recreational marijuana in the state. View original article. The post First Recreational Marijuana Bill Introduced in Ohio appeared first on SpeedWeed.

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SpeedWeed

FEBRUARY 23, 2021

Murphy on Monday signed into law three bills that effectively permit and regulate the use of recreational marijuana in New Jersey, making it the most populous state in the Northeast to fully legalize the drug. View original article. Read more at The New York Times ]. Read more at The New York Times ].

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SpeedWeed

MARCH 9, 2021

and becoming legal, regulated, and accepted in more states, one thing the cannabis industry struggles with is having access to services that most businesses have access to, including banking and insurance. AAIS is the industry leader in the development and maintenance of commercial lines, inland marine, and business owners’ programs.”.

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SpeedWeed

FEBRUARY 27, 2021

Virginia lawmakers on Saturday narrowly approved compromise legislation legalizing a commercial recreational marijuana program that could generate nearly $1.5 Marijuana Business Daily projects that Virginia’s adult-use sales will reach $400 million to $500 million in the program’s first full year and $1.2 View original article.

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SpeedWeed

JULY 21, 2021

Pritzker announced late last week that the state will conduct three lotteries later this summer to award licenses for recreational marijuana retailers. The lotteries, scheduled to be held in July and August, will determine who receives licenses for 185 adult-use cannabis dispensaries across the state. . View original article.

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SpeedWeed

AUGUST 21, 2021

For some prospective marijuana dispensary owners in Arizona, class is now in session. It is a provision included in the ballot measure that voters in the state last year legalized recreational pot use for adults. View original article. Social equity class, that is. .

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SpeedWeed

AUGUST 6, 2021

There is one cannabis question that is regularly searched across a variety of Internet platforms: How many states have legalized adult recreational use of cannabis as of today? As a cannabis law professor and a legal analyst for emerging cannabis businesses, I often am asked that very question. The South Dakota Issue.

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Cannabis Law Report

OCTOBER 26, 2021

The head of the state’s Cannabis Control Board has declared that businesses that are giving away marijuana as a promotion with the purchase of an overpriced T-shirt, lighter or other item are breaking the law. Since the article’s publication, marijuana “gifting” arrangements have become commonplace at the city’s CBD and smoke shops.

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Veriheal

DECEMBER 20, 2023

Earlier this month, the Los Angeles Times ran an expose on several illegal dispensaries operating in southern California. The article highlighted a series of unauthorized dispensaries, all of which were run in structures owned by holding companies overseen by Tony Huang.

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Cannabis Law Report

DECEMBER 19, 2019

Mayor Lori Lightfoot on Wednesday beat back an attempt by black aldermen to stall the start of recreational marijuana sales in Chicago for six months, setting the stage for the city’s legal weed bonanza to start Jan. Read full article [link]. It’s over the line but there’s plenty of politics to come.

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Cannabis Law Report

JANUARY 30, 2020

Just as with the previous proposal, those Registered Organizations would be permitted to vertically integrate their business and would not be subject to the prohibition of adult-use cultivators, processors and/or distributors having a financial stake in a retail dispensary. Adult-Use Licenses.

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SpeedWeed

MAY 10, 2021

announced on Monday that it has reached an agreement to acquire Harvest Health and Recreation Inc. Trulieve and Harvest are leaders in our markets, recognized for our innovation, brands, and operational expertise with true depth and scale in our businesses.”. View original article. Acquires Harvest Health And Recreation Inc.

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Cannabis Law Report

MARCH 1, 2019

The whole valley has gone crazy,” said Jim Camper, president of Organic Solutions of the Desert, the oldest dispensary in Palm Springs. Camper has watched the industry boom since he started 11 years ago as a medical cannabis dispensary. The Spokesman reports. A lot of people come here straight from the airport,” he said.

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The Cannigma

AUGUST 18, 2021

The hotel also offers a car service to take guests to a local dispensary, and each room comes with a special air circulation system to clear out the haze. Others can get the weed train rolling by way of dispensary recommendations and coupons, as well as help organizing legal cannabis tours. What about an actual weed hotel?

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SpeedWeed

MARCH 26, 2021

More than 10 million businesses advertised their products and services on Facebook during the third quarter of 2020. Unfortunately, almost none of those ads were cannabis businesses or cannabis-related businesses. At any moment, Facebook could shut down a cannabis business’ Facebook Page without notice.

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SpeedWeed

MAY 15, 2021

billion acquisition of Harvest Health and Recreation. The Trulieve deal lands the Florida-based brand in 11 states with 22 cultivation and processing facilities, and 126 dispensaries. ” Read more. ]]> View original article. This week started with a bang, as Trulieve announced its $2.1-billion ” Read more.

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SpeedWeed

MARCH 13, 2021

The changes immediately drew the ire of many in the medical marijuana community, who accused the department of trying to stamp out the flourishing medical market by forcing it to align with the more heavily regulated recreational market, which launched in October. View original article. Read more at Portland Press Herald ].

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SpeedWeed

MARCH 1, 2021

Recreational marijuana, as of last week, is legal in New Jersey , but what Ed Forchion is pulling off at his restaurant on East State Street — or, rather, down the alley and behind the restaurant — is something entirely different. View original article. – Cannabis Business Executive appeared first on SpeedWeed.

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SpeedWeed

AUGUST 2, 2021

have introduced legislation that would ban the spending of federal welfare benefits at cannabis dispensaries. Interestingly, Daines is the primary Senate Republican co-sponsor of the SAFE Banking Act of 2021, federal legislation that would allow financial institutions to provide traditional banking services to state-legal cannabis businesses.

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