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Recreational Marijuana, Criminal Justice Reform Might Land On Missouri’s 2022 Ballot – Cannabis Business Executive – Cannabis and Marijuana industry news.
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Nearly 900 New Mexicans are applying to grow recreational cannabis – Cannabis Business Executive – Cannabis and Marijuana industry news.
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Fantastic article from MJ Biz this morning. An MJBizDaily examination of recent marijuana M&A deals reveals a variety of ways that CEOs of acquired cannabis businesses will net millions of dollars in the transactions – over and above the premium paid for their companies’ stock. Read full article at. SOURCE MJ BIZ.
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
Interesting read… There are new waters to navigate in the state of Connecticut—legalized recreational use of marijuana and the workplace. . If an employer allows recreational use of marijuana outside the workplace, but not at work, attorneys suggest clearly writing out disciplinary action for using marijuana at work. “If
The November 2020 election was a great win for advocates for cannabis legal reform , with four states voting to legalize recreational cannabis, joining the 11 other states that have decriminalized recreational cannabis use. What Recreational Cannabis Means for Employment. ” What Federal Law Says. 12114(a); 29 U.S.C. §
Business and license transactions have been terminated or renegotiated and would-be licensees have invested significant funds into new businesses expecting their new applications to be processed. We have even talked to license and business brokers who are no longer taking new listings because “licensing has fully reopened.”.
Virginia’s Road to Recreational Cannabis – Cannabis Business Executive – Cannabis and Marijuana industry news.
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Virginia Passes Recreational Cannabis: Social Equity Applicants – Cannabis Business Executive – Cannabis and Marijuana industry news.
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Connecticut launches new website dedicated to recreational marijuana updates – Cannabis Business Executive – Cannabis and Marijuana industry news.
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CEQA compliance requires your cannabis business prove that it poses no environmental threats. Since the legalization of recreational cannabis and the implementation of the licensing process, CEQA compliance has proven to be one of, if not, THE most difficult components of obtaining and maintaining cannabis licensure. What Is CEQA?
Some Florida Lawmakers Holding Out Hope For Recreational Marijuana This Session – Cannabis Business Executive – Cannabis and Marijuana industry news.
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Effort to legalize recreational marijuana knocked down by Florida Supreme Court – Cannabis Business Executive – Cannabis and Marijuana industry news.
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Passes Recreational Marijuana Legislation – Cannabis Business Executive – Cannabis and Marijuana industry news.
View original article. Passes Recreational Marijuana Legislation – Cannabis Business Executive – Cannabis and Marijuana industry news appeared first on SpeedWeed. The post New York (Finally!)
Recreational cannabis is almost here: where should the stores put their money? – Cannabis Business Executive – Cannabis and Marijuana industry news.
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Virginia 16th State To Legalize Recreational Pot, Latest To Emphasize ‘Social Equity’ – Cannabis Business Executive – Cannabis and Marijuana industry news.
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New Mexico governor signs bill to legalize recreational pot – Cannabis Business Executive – Cannabis and Marijuana industry news.
View original article. The post New Mexico governor signs bill to legalize recreational pot – Cannabis Business Executive – Cannabis and Marijuana industry news appeared first on SpeedWeed.
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. All taxes on cannabis products are incurred at the point of importation or removal from the producer’s premises.
an investment (whether by share acquisition or otherwise) is contemplated in, and returns are thereafter intended to be received from, an overseas cannabis production and/or distribution business; 1.6.2 this business is licensed and operating lawfully in the country in which it is carried out; 1.6.3 Fund Formation.
If you want to get help with creating high-quality content, address an MJSEO Agency that can help your cannabis business develop and increase its visibility. Content Recreation. But users appreciate the full disclosure of the topic and are ready to share detailed articles, even if they have not read them. Blogging Templates.
The governor is expected to sign the law, which would make New Mexico the 16th state to permit recreational use. The bill passed on the same day that New York State legalized recreational marijuana. View original article. April 1, 2021 by AggregatedNews Leave a Comment. Read More @ The NY Times].
What it exemplifies to Grupo Flor CEO Gavin Kogan is a wider metamorphosis in California reflecting scores of new marijuana markets and business opportunities for cultivators, manufacturers, retailers, testing labs and other MJ businesses around the state.
After years of stalled attempts, New York State has legalized the use of recreational marijuana , enacting a robust program that will reinvest millions of dollars of tax revenues from cannabis in minority communities ravaged by the decades-long war on drugs. View original article. Read more at The New York Times ].
The New York State Senate on Tuesday voted 40-23 to pass a bill to legalize recreational marijuana. If the bill is signed, the Empire State would become the fifteenth state in the country, along with the District of Columbia, to have legalized the drug for recreational use. View original article. Read more at CNBC ].
North Dakota’s Senate could revive the question of legalizing recreational marijuana, but through a ballot measure put to voters — one of potentially three that could appear next year. The chamber last week soundly defeated a bill to legalize but restrict the drug for recreational use. View original article.
The Policy Pathway For A Post-Election German Recreational Cannabis Market Outlined In A New Report – Cannabis Business Executive – Cannabis and Marijuana industry news.
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Massachusetts recreational cannabis sales surpass $2 billion less than 3 years after first adult-use retailers opened – Cannabis Business Executive – Cannabis and Marijuana industry news.
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But the need for reform is much more far-reaching: There is also a lot to do with medical cannabis in the coming legislative period, as politicians, pharmacists and manufacturers alike made clear at the International Cannabis Business Conference (ICBC) in Berlin. What happens next with the German cannabis regulation.
Authorities want to know if businesses or individuals attempted to sway politicians or bureaucrats with gifts, money, job offers or campaign contributions to obtain licenses. Since Nevada’s 2016 vote to legalize recreational marijuana, the state’s licensing process has been embroiled in controversy and lawsuits.
Cannabis banking options are still quite limited for marijuana entrepreneurs, despite 36 states legalizing medical marijuana and 17 states permitting recreational adult use, according to the National Conference of State Legislatures. Since many banks don’t advertise that they have cannabis businesses as clients, it never hurts to ask.
1 priority for the New York Cannabis Growers and Processors Association , which is currently active in the hemp cannabis industry and is eager to start moving in recreational marijuana. Filling positions in the new office and related advisory boards has been the No.
You are here: Home / Policy & Legal / New Mexico / New Mexico bills legalizing recreational marijuana and erasing some criminal records head to governor’s desk. Michelle Lujan Grisham , marijuana legalization , New Mexico Marijuana , recreational marijuana. View original article.
Canada legalised recreational use of the drug in 2018 and to date 16 US states have fully legalised marijuana use (36 allow it for medical purposes). Marijuana businesses jumped at the opportunity to be able to protect their brands, resulting in a surge of cannabis-related trademark applications in 2018 and 2019 (see Figure 1).
A report accompanying the resolution noted that a majority of states now legalize marijuana for medical use, recreational use or both. Regardless of state law, so long as marijuana remains a Schedule I controlled substance such client’s marijuana business activities remain federally criminal conduct,” the report continued.
California is approaching its fourth year of legal recreational marijuana, yet the underground market is as strong as ever and is making it harder for licensed companies to eke out a profit. They write. At the same time, cheaper operating costs and limited legal risk continue to fuel the underground trade.
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.
As we entered 2020, twelve states had legalized adult-use, recreational marijuana. required vertical integration, residency requirements, or social equity licensing- to name a fee), business relationships can become compromised and you can expect license related business litigation. The 2010s were a big decade for cannabis.
This article was first published on Analytical Cannabis. The World Drug Report 2021 from the UN’s Office on Drugs and Crime (UNODC) claims that such a ban would “ensure that public health interests prevail over business interests.”. It appears here with permission. The recommendation is one of several made in the UNODC’s report.
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.,
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.
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.
As a law firm that has been helping cannabis businesses succeed since 2010, we couldn’t be more excited. And for good reason: the recreational market is expanding. The industry consensus is that the total THC requirement is impractical and likely devastating to cultivators and, therefore, to every business in the hemp supply chain.
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.
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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