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This article focuses on the Department of Financial & Professional Regulation (IDFPR) portion of the report, which touts FY2024 as “a year of explosive growth in the cannabis industry” in Illinois. These rules bring further clarity and transparency to IDFPR operations by laying out policies and procedures in a clear and concise way.
The American Association of Insurance Services has expanded its Cannabis Businessowners Policy into Nevada , making it the third state to approve the insurance program, along with Colorado and California, according to a Property Casualty 360 report. Read The full article.
The article outlines action already taken using legislation and those states who have pending legislation. Is the Manufacture of Delta-8-THC or its Use in Hemp Products Permitted under the Vermont Hemp Program? See more Hemp Grower/Cannabis Business Times delta-8 coverage here. Read full article.
This policy ensured significant penalties and incarceration for possession, cultivation, and trafficking for anyone found guilty in the U.S. Harpers magazine also released an article in 2016 , with clips from an interview with a top Nixon advisor who made a similar admission.
This year’s proposed legislation also reflects that New York’s time remaining on the sidelines of adult-use cannabis was well-used to learn from the challenges and shortcomings of other adult-use programs in the country. The Program. Moreover, New York’s cannabis program would consist of three branches: medical, adult-use and hemp.
The Hemp Center will be based in OSU’s College of Agricultural Sciences and intends to serve “as a research hub connecting faculty and researchers engaged in plant research, food innovation, pharmacy, public health, public policy, business and engineering.” You can read all about it here.
Okanagan Faculty provides a number of totally different hashish training programs on regulatory insurance policies, job alternatives, and extra by means of its on-line studying platform. Many programs begin within the fall of 2022, though begin dates fluctuate. Selcuk Faculty. Faculty of the Rockies. Royal Mountain College.
Less than ten years ago, the legal cannabis industry barely existed; only a handful of states had legalized medicinal cannabis programs and none had legalized adult use. Read the full article [link]. Here’s the introduction to the Forbes piece. This is only possible with a regulatory framework that’s both balanced and flexible.
As growing cannabis industry faces demands for greener operations and stricter regulations, Hawthorne Gardening introduces energy advisory program. At the same time, regulators in a growing number of states are putting strict energy-use policies in place for indoor horticulture facilities.
There is no doubt that the COVID-19 pandemic is adversely impacting businesses around the world, and smaller businesses especially. That is why these businesses continue to face undue discrimination under federal law, including the lack of access to banking services and a prohibition of standard business tax deductions.
January 2022) – The CDC recently issued guidance to businesses developing marijuana policies, balancing state legalization efforts and fleet safety. Per the CDC, marijuana should be addressed in motor vehicle safety programs. As a result, it is prudent to address marijuana usage in fleet safety programs and policies.
1 deadline to train managers and employees under a new compliance and safety program that is the first of its kind in the nation. The state’s Responsible Vendor Training Program is designed to support licensee compliance and enhance the safety of customers and employees. Read the full article. 16 and Dec. 30,” McNamara said.
Under a new policy announced by the Northam Administration, the Commonwealth of Virginia will soon officially authorize hemp processors to produce hemp extracts for human consumption. VDACS will soon issue, through its food safety program, rules for hemp processors to follow when producing hemp extracts. Authored By: Samuel B.
Read the full article at. According to the Tax Policy Center, a partnership between the Urban Institute and the Brookings Institution, states with marijuana taxes put a portion of the funds toward the following: Alaska steers 50% of its cannabis revenues to its general fund, and 50% to crime reduction programs. California.
Michael Sassano: GMP Article No 9: Bringing New Products to GMP Facility. Janet E Jackim, Zuber Lawler LLP: The Arizona Medical & Adult Use Marijuana Programs. Lewis Brisbois Bisgaard & Smith LLP: CDC Issues Best Practices For Fleet Marijuana Policies. In this month’s issue. February 2022.
The shifting legal and regulatory framework has had an impact on businesses’ trademark strategies in both countries, with brand owners having to act quickly and think ahead to ensure that their rights are protected. The downward trend in application levels also has to do with a shift in business strategy. Smokers’ articles.
Georgia’s medicinal cannabis program is about to undergo a significant expansion after the state’s regulatory board “chose six companies Saturday that will be allowed to sell the drug, a decision that will finally give registered patients a legal way to obtain medication first approved six years ago,” according to the Atlanta Journal-Constitution.
Unfortunately, on the negative side, Connecticut yet again extended the 10% surcharge on the corporation business tax, and delayed and extended the phase-out of the capital base tax on corporations. Please note that Connecticut will be running another tax amnesty program during the period from November 1, 2021 to January 31, 2022.The
On Monday, the county opened up the application period for “Project Trellis,” a support program to provide a boost to local cannabis growers. This year, those eligible to participate in Project Trellis can reportedly apply for up to $10,000 “per service,” with more than $2 million overall in available grants through the program.
The current public policies in local and state cannabis ordinance and equity programs may enhance racial disparities if they follow the pattern of exclusion and criminalization that encompass past policies promoted as beneficial to African Americans but uphold racial capitalistic practices. Authored By: By Dr. Ayoka Nurse.
Bush’s national drug control strategy, Congress passed legislation to require schools, colleges and universities to implement and enforce drug and alcohol prevention programs and policies as a condition of eligibility to receive federal funds and assistance. Certification Requirements.
Problems plaguing the medical cannabis program in Missouri are three-fold. Second, the program has experienced controversy and claims of disparities from its inception. Licensed medical marijuana businesses, e.g., commercial grow operations, manufacturing facilities, and dispensary stores, are required to use seed-to-sale systems.
Riviera Creek Holdings LLC cannabis cultivator and United Returning Citizens (URC) organization, which are both based in Youngstown, Ohio, are partnering together to support a program called URC Grows. The program will provide educational and job opportunities for those who have been convicted of cannabis crimes.
Hochul nominated former Drug Policy Alliance staffer Chris Alexander for executive director of the new Office of Cannabis Management (OCM) and former New York Assemblywoman Tremaine Wright for chair of the Cannabis Control Board (CCB) during a special legislative session that convened Sept. Kathy Hochul less than two weeks do what former Gov.
In January, the Maine Office of Marijuana Policy released a preliminary draft of rule changes to the medical program that officials said were “meant to align the program with state law.”. View original article. It’s overreaching on steroids. We’re trying to reach as many legislators as we can.”.
The policy has even affected staffers whose marijuana use was exclusive to one of the 14 states—and the District of Columbia—where cannabis is legal. There were one-on-one calls with individual affected staffers—rather, ex-staffers,” one former White House staffer affected by the policy told The Daily Beast. “I View original article.
Civic leaders in San Diego are considering easing the regulations for cannabis businesses in an effort to promote social equity in the city’s legal marijuana industry. Among the proposals being considered are reducing the buffer zone required between cannabis businesses and sensitive use sites including schools and churches.
While entrepreneurs and investors rush to set up cannabis businesses throughout the Garden State, how will New Jersey regulate the environmental impacts of the industry? In order to operate a cannabis business in New Jersey, businesses need to obtain one of the coveted licenses through the competitive licensing process.
The rules governing the Texas Compassionate Use Program (TCUP) are currently under review, and public comments are being accepted through May 1, 2022. DPS is required by law to review its rules as written every four years, and this review must include an assessment of whether the reasons for initially adopting the rule continue to exist.
A 2017 survey from Marijuana Business Daily found that 81% of American cannabis business owners and founders were white and 10% of cannabis business founders identified as Hispanic/Latino or Black. of business owners in the industry, per Leafly’s Jobs Report 2021. Many Black cannabis businesses can’t secure funding.
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. The American Association of Insurance Services (AAIS CannaBOP program is the first of its kind to serve the industry in this way. . “As
The department, which is overseeing the implementation of the new recreational marijuana program, will accept applications for those licenses from December 1 until December 14, and a random lottery will determine who is awarded the licenses. View original article.
A new federally-recognized certification program will give cannabis consumers an easy way to determine if their weed purchases are supporting entrepreneurs from underrepresented and Drug War-impacted communities. . OEG is an ideal group to build this type of certification program. Image via.
The program debuted as “the only four-year degree program of its kind to combine experimental horticulture and advanced analytical chemistry with an optional entrepreneurial track,” said NMU’s News Director Kristi Evans. They’ve since added a degree in cannabis business. Northern Michigan University. SUNY Morrisville .
Members of the House Commerce Finance and Policy Committee voted 10-7 Wednesday to advance the measure. A new Cannabis Management Board would be created to oversee recreational use as well as the state’s existing medical marijuana program. View original article. DFL members supported the measure while Republicans did not.
Texas passed a bill through the House of Representatives today, titled HB 1535, that would expand the state’s medical cannabis program to cover more conditions, and therefore, service more people who rely on the plant. The program has fewer enrolled patients and businesses than most other states because of its extreme restrictions.
Hochul nominated former Drug Policy Alliance staffer Chris Alexander for executive director of the new Office of Cannabis Management (OCM) and former New York Assemblywoman Tremaine Wright for chair of the Cannabis Control Board (CCB) during a special legislative session that convened Sept. Kathy Hochul less than two weeks do what former Gov.
Future cannabis business owners should also prepare for the role they can play in creating an equitable cannabis industry. But when it came down to it, many cannabis business owners and cannabis advocates felt underserved. By employing these people, the businesses could score higher on social equity applications.
This is first of an occasional column that updates developments pertaining to articles previously published by Project CBD. ” Several states have launched investigations into Curaleaf’s business practices that were highlighted in our article, including product safety and labor violations.
This article is the fifth in a series called, “So you want to start a canna biz?” This article focuses on getting money to start your cannabis business. Selling an equity ownership stake in your business to an investor. Has your business already made a profit? How much does it cost to launch a cannabis business?
Note: South Dakota’s weed-legalization legislation is currently facing legal challenges, because no list in this article can be simple. Mississippians have also voted to establish a medical marijuana program, but that legislation is still pending.). What about transporting marijuana for business purposes? South Dakota*.
Requiring cannabis businesses to prove capital assets in order to gain licensure is an economically ineffective and potentially damaging policy that several states have unfortunately adopted. However, cannabis businesses share little in common with these industries, yet are being subjected to the same requirements. .
This article is the second in a series called, “So you want to start a canna biz?” Today, we’ll focus on picking the right place for your weed business. How to choose a place for your cannabis business in 3 steps: Determine where you’re allowed to go. created in partnership with Good Tree Capital. Source: WBUR , 2018).
What has evolved in the policy gap with federal law over the past decade is a patchwork of state-sanctioned fiefdoms where cannabis markets have largely developed locally and extend just to the border. And major national companies could pour into Washington state and Maine and buy up or push out small businesses.
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