Cannabis Law Report

SEPTEMBER 1, 2021

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. Cannabis would be taxed at 25% of the prevailing price of cannabis per-ounce for cannabis flower and per-milligram of THC for any cannabis extracts.

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Legislation Cannabis Business Extraction 98

Cannabis Law Report

AUGUST 11, 2021

The following is a statement from CRN President & CEO Steve Mister: “CRN is extremely disappointed to learn that FDA rejected NDI notifications for full-spectrum hemp extract containing CBD submitted earlier this year by supplement manufacturers Charlotte’s Web and Irwin Naturals. In December 2019, CRN and FDA met to discuss these issues.

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Extraction Hemp CBD Safety 76

SpeedWeed

MAY 19, 2021

Green Mill Supercritical Launches Flagship Producer Program for CO2 Processors Seeking Benefits of Ethanol-free Extraction – Cannabis Business Executive – Cannabis and Marijuana industry news. View original article. skip to Main Content.

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Extraction Programs Business Cannabis 52

Cannabis Law Report

AUGUST 19, 2021

The “delisting” ministerial notification became effective, carving out domestically produced items containing certain cannabis and hemp plant parts, and CBD extract with less than 0.2% To read the full article click here. The content of this article is intended to provide a general guide to the subject matter.

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Hemp Business Research and Development Sativa 105

Cannabis Law Report

AUGUST 1, 2021

Business Cann UK reports. GREEK businesses are preparing for amendments to the Mediterranean country’s cannabis laws allowing the cultivation, sale and export of high percentage THC medical products. Read the full article at [link]. Tetrahydrocannabinol (THC). Greek Bureaucracy To Blame.

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Sativa Pharmaceutical Extraction Cultivation 105

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)).

Business 59

Business Seed-To-Sale Cultivation Extraction 59

Cannabis Law Report

JULY 12, 2021

The victims there were forced to work at every stage of production : growing the marijuana, replanting, drying, the extraction of the buds and finally the shipment of the drug. This leader had no criminal record and ran other businesses in Barcelona, while the others arrested had records for sexual exploitation and drug trafficking.

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Marijuana Cultivation Packaging Extraction 105

Cannabis Cheri

SEPTEMBER 19, 2018

Ninety-nine out of a hundred articles about CBD will tell you that it is extracted from industrial hemp — “the plant with 10,000 uses.”. In fact, all those ninety-nine out of a hundred articles will tell you the same thing: “hemp and marijuana are two completely different plants.” Yes, CBD comes from hemp.

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Hemp CBD Oil Terpenes 189

Cannabis Law Report

JUNE 22, 2021

If until recently working with cannabis was taboo for law firms, having experience in this niche today has become a lure of clients and new business opportunities as interesting as opening up an incipient sector with the potential to move millions of reais in the Brazil in the coming years.

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Epilepsy Cultivation Oil Treatment 81

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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Business Supply Chain Seed-To-Sale Packaging 52

Cannabis Law Report

SEPTEMBER 3, 2019

Thailand has removed cannabis and hemp extracts from its narcotics list, officials said on Monday, the latest effort to promote the development of marijuana products for medical purposes. “We are working towards cannabidiol (CBD) extraction, that’s our short term goal,” Shah told Reuters. .

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Extraction Hemp Research and Development Media 45

Illinois News Joint

FEBRUARY 25, 2024

The total monthly portion of THC oil extract set aside by all cultivation centers and Early Approval Adult Use Cultivation Center License holders shall be as follows: (1) During calendar year 2023, 50,000 grams per month. (2) 2) During calendar year 2024, 60,000 grams per month. (3) 3) During calendar year 2025, 70,000 grams per month. (4)

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Extraction Agriculture Oil Cultivation 103

Cannabis Law Report

JUNE 5, 2019

Super Lawyers interviewed Rod Kight for a May 21, 2019 story, “ The Common Legal Questions CBD Businesses Face. ”. Here’s the introduction to the article. THE COMMON LEGAL QUESTIONS CBD BUSINESSES FACE. Read full article at [link]. Hemp is no longer a controlled substance, but it still has regulations.

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Hemp Business CBD Programs 55

Cannabis Law Report

MARCH 13, 2019

DKB’s expertise and experience with other regulated industries, especially the alcoholic beverage market, can help make sure businesses get it right. tax code; banking procedures; accounting policies and procedures; licensing; operating policies; outsourced accounting; referrals to ancillary service providers; and general business consulting.

Hemp 71

Hemp Business Banking Concentrates 71

WeedAdvisor

AUGUST 6, 2019

the company was the first to obtain permission to commercially export CBD isolate , a highly purified (albeit less effective) CBD extract. As of the writing of this article, PharmaCielo has 18 tons of “…dried flower currently under inventory and immediately ready for processing.”. WeedAdvisor’s Business Solutions. .

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Extraction Pets CBD Cultivation 45

Cannabis Law Report

SEPTEMBER 5, 2019

We have spent the past couple of articles reviewing the differences between “bookkeepers”, “generic accountants”, and “professional accountants”, the final phrase being limited to certified public accountants [‘CPAs” in the United States [1]. of Business Oversight.[“CDBO AUTHOR: aBIZinaBOX Inc. CPAs – Jordan S. 25102(f) [7].

Business 11

Business Cannabis Extraction Dispensary 11

Cannabis Law Report

JULY 26, 2019

Cannabidiol or CBD is a chemical compound that is extracted from species of cannabis plants marijuana or hemp. These are produced using CBD oil that is extracted from selected types of cannabis plants that have a low level of THC. The bottom line is, CBD oil is extracted from a species of the cannabis plant that has a low level of THC.

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Oil CBD Seed-To-Sale Legalization 66

SpeedWeed

JULY 22, 2021

Michelle Lujan Grisham’s signature this past spring , became effective June 29 and allows adults 21 and older to possess 2 ounces of cannabis flower, 16 grams of cannabis extract and 800 milligrams of edible cannabis. It’s really about furthering the convenience aspect of our business model,” she said. “We

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Extraction Programs Cultivation Research and Development 52

Cannabis Law Report

APRIL 16, 2019

The key to the long-term success of every medical or adult-use cannabis business in California will be found in the management of tax liabilities. The usual reasons for long-term success in business – creativity, perseverance, experience, business acumen and connections – are important.

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Business Collective Dispensary Cultivation 58

Cannabis Law Report

SEPTEMBER 23, 2021

Greenway write… The CBD business in Minnesota Could be Doomed according to Minnesota Cannabis Association. The ruling suggests that hemp laws allowing trace amounts of THC may not protect people who possess hemp-derived liquids in any form, including popular extracts such as CBD oil. Minnesota-v-Loveless.

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Hemp Extraction Vaping Tincture 52

Cannabis Law Report

AUGUST 3, 2021

CSE: MXT) (OTCQB: MXTTF) is known for its award-winning extraction equipment, but recently, the company refocused its efforts on its proprietary health-related databases, machine learning analysis, and plans to engage in B2B licensing and mHealth. The above article is sponsored content. Medxtractor Corp. Disclaimer.

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Research and Development Data Conditions Therapy 105

SpeedWeed

FEBRUARY 22, 2021

US retail marijuana sales rose approximately 40 percent last year, with projected revenue of $37 billion by 2024 (Source: Marijuana Business Daily). Even more important, the extraction solvents are approved for use in the food and pharmacology industry, thus the American Food and Drugs Agency (FDA) considers it to be “GRAS” (I.E.

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Business Indica Extraction Hybrid 52

Cannabis Law Report

MARCH 3, 2020

That is, a culture focused on capturing, managing and commercializing intellectual property (IP) as well as ensuring that your business activities are not impacted by a competitor’s IP rights. At the processing stage, we are seeing innovation in extraction methods. Why is this important? Culture of IP.

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Medicine Cultivation Extraction Business 59

SpeedWeed

MARCH 13, 2021

“Opening the application process for businesses looking to be part of the growing hemp industry in New York State is a critical step in the process of expanding our economy and building back better. Cannabinoid Hemp Processor licenses are divided into two license types: “Extracting and Manufacturing” and “Manufacturing Only.”

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Cannabinoids Programs Hemp Business 52

Cannabis Law Report

AUGUST 8, 2022

Three on-line hashish training programs supplied by Mount Royal College, one for high quality assurance, one for business hashish manufacturing, and a 3rd for advertising and marketing within the retail business, have a begin date this September. Royal Mountain College. seniors faculty. Norquest Faculty.

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Education Programs Extraction Oil 52

Cannabis Law Report

JUNE 19, 2022

Suffice to say, it’s likely that we will be seeing this growth of the cannabis market, and an influx of customers into dispensaries and other cannabis businesses along with it. Read full article. According to some estimates, the worldwide cannabis market will rise from $28.3 billion in 2021 to $197.74 billion in 2028.

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Education Hash Terpenes Dispensary 52

SpeedWeed

MARCH 9, 2021

German business newspaper Handelsblatt says Stada will shortly launch ‘two flower products and intends to offer a total of five flower products and three extracts with different THC and CBD concentrations in the coming months’. View original article. Chronic Pain Targeted. 28 Trained Sales Reps.

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Chronic Pain Business Pharmaceutical Extraction 52

SpeedWeed

SEPTEMBER 20, 2021

NDIN notifications are submissions intended to satisfy the FDA that the dietary ingredient—full spectrum hemp extract, in this instance—is safe for the intended use, typically based on a demonstrated history of safe use or clinical studies relevant to the ingredient. View original article.

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Business Data Safety Food 60

SpeedWeed

SEPTEMBER 3, 2021

. “We aim towards two paths, and we’re looking for two types of individuals: either ones looking to land rewarding careers in the industry, or individuals looking to start businesses. ” View original article. So, long as you’re willing to swing that hammer, the sky’s the limit.”

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Business Sativa Dispensary Extraction 52

SpeedWeed

APRIL 2, 2021

It also sets limits on how much cannabis, cannabis extract or edibles a person can buy or have outside their home at a time. View original article. The Cannabis Regulation Act sets up licensing and regulation procedures for the production and sales of cannabis products and adds a tax for retailers.

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Recreational Business Legalization Marijuana 52

Canna Law Blog

JANUARY 26, 2019

Our last post focused on the Drug Exclusion Rule, which essentially states that an article cannot be marketed as a dietary supplement if it was investigated or approved as a drug before the article was marketed as a dietary supplement (or food). Today, we’ll take a look at what that use of “ before” really means.

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Hemp CBD Food Extraction 73

The Cannigma

SEPTEMBER 29, 2021

These high cannabinoid and terpene concentrates are extracted using a hydrocarbon or hydrocarbon blend as the solvent. Many concentrates are made using a solvent to extract the cannabinoids and terpenes from weed and produce one of the most potent and enjoyable ways to consume cannabis. Typically butane is used. Here’s how they work.

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Concentrates Extraction Terpenes Vaping 98

Cannabis Law Report

JULY 28, 2021

… and all derivatives, extracts, cannabinoids, isomers, acids, salts, and salts of isomers … with a delta-9 tetrahydrocannabinol [THC] concentration of not more than 0.3 Cultivation, transportation, and sale of unprocessed hemp in New York is governed by Article 29 of the Agriculture & Markets law. ” See 7 U.S.C.

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THC Hemp CBD Cannabinoids 81

Puff Puff Post

MAY 21, 2019

For months, cannabis consumers and enthusiasts have been reading headlines about exciting new product and business developments in not only infused edibles, but private dinners, consumption lounges, and infused beverages as well. DECARBOXYLATION. There’s much to consider when making edibles in terms of THC or CBD dosing.

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Edibles Terpenes Oil Research and Development 19

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. Licensees may also hold cultivator and distributor licenses.

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Programs Retail Cultivation Legislation 64

Cannabis Law Report

JANUARY 13, 2020

In fact, the cannabis-related patent landscape has become increasingly crowded over the past five years with companies staking their early claims to growing methods, delivery methods, supply chain management, extraction techniques, vaporizers, medical treatments, pharmaceutical compositions, and more. The “ Illegality” Issue.

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Extraction Collective Supply Chain Strains 59

Cannabis Law Report

JANUARY 15, 2019

as well as writing detailed pieces about tax and accountancy issues relating to law in the cannabis sector Jordan has a incisive knowledge about how the cannabis sector operates and writes wickedly funny articles on his blog. Read his full biography below the article. We welcome Jordan to Cannabis Law Report. Commissioner , T.C.

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Business Dispensary Cannabis Compliance 58