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Illinois officials recently released the Annual Cannabis Report for Fiscal Year 2024. The 144-page report, compiled by the Cannabis Regulation Oversight Office (CROO), incorporates data from several state departments. The report also touts, as more evidence, Illinois’ $2,007,401,374 in sales during the past fiscal year.
HerbalGram, the acclaimed quarterly journal of the American Botanical Council, recently published its 2021 “Herb Market Report,” which included data on sales of CBD as an herbal ingredient in mainstream and natural retail channels in the United States. E-commerce sales of CBD in the U.S. increase in annual sales.
The steps a cannabis grower or processor has to take to get their products in consumers’ hands in Canada are a lot more complicated than they were pre-legalization. All of this adds to the challenges for today’s legal cannabis producer, and also adds to cost and the length of time a product sits in a warehouse before reaching consumers.
. … An association of marijuana testing labs is calling on the state to release unredacted data from Nevada’s seed-to-sale tracking system amid assertions that certain unidentified labs are inflating THC content readings and giving fewer samples a failing grade in an apparent attempt to attract more business. THE DOCUMENT.
I’m somewhat mystified as to why the governor decided to put in charge of the cannabis board a person who has no experience in cannabis,” she said while questioning Wright at what had been an otherwise friendly confirmation hearing. Hochul’s cannabis regulators should approach their new jobs. So who is it who isn’t happy
Although medical cannabis has technically been legal in Missouri for over a year and cards have been issued, patients are still waiting desperately for dispensaries to open across the state. Problems plaguing the medical cannabis program in Missouri are three-fold. Seed-to-sale systems complicate production and sale of cannabis.
Native American nations in New York state are eyeing the legal cannabis business, with some reservations already operating dispensaries. But some cannabis purveyors are not waiting. 8, the OCM sent letters to several such establishments, ordering them to “cease and desist” from “illegally selling cannabis.”.
AUTHOR: Rob Hendrix – Cannabis Consulting Nationwide LLC. PUBLISHER: CANNABIS LAW REPORT. Washington State passed Initiative 502, the legalization of adult use Cannabis, in November of 2012. My store, Cannabis Central, was in the third flight of stores to open in August of 2014.
A 5-year investigation of the implementation of the world’s first fully regulated cannabis market for pleasure in Colorado. Kind words for Regulating Cannabis … “This book clearly demonstrates authority in the field of international drug policy and draws predominantly on the latest evidence in doing so.
In some European countries, cannabidiol can be used in medicines, but not for commercial sale, while in other countries, both commercial and medical use is legal, but growing them is considered illegal. Cannabidiol or CBD is a chemical compound that is extracted from species of cannabis plants marijuana or hemp. What is cannabidiol?
The laws about cannabis use in the U.S. Now you need to track the federal cannabis laws on top of your state’s regulations. People new to the cannabis world can get in legal trouble mixing up hemp vs cannabis. Before using or growing cannabis, you need to learn the differences between the plant types.
On July 14, 2021, Senators Chuck Schumer (D-NY), Ron Wyden (D-OR), and Cory Booker (D-NJ) released the discussion draft of historic federal cannabis legalization legislation, the Cannabis Administration and Opportunity Act (CAOA). We strongly encourage participation in this important opportunity to shape federal cannabis policy.
Spain’s cannabis market is a diverse mix of Spanish and foreign-owned companies selling everything from seeds, fertilizer and grow lamps to hemp-infused beers and CBD tinctures, oils, and creams. They cannot sell any cannabis product with a tetrahydrocannabinol (THC) content higher than 0.2% Is CBD Legal in Spain?
The Asia Times reports on the arrival of the farangs hoping for a cannabis gold rush. Foreign investors are excitedly gathering at cannabis networking events in Bangkok and elsewhere in this Southeast Asian nation, spouting sales spiels and describing the most fantastic things since seedless joints. Full article at [link].
1981-623) that had allowed deductions incurred in carrying on the production, distribution, and sale of controlled substances. The production or sale of marijuana is still illegal under U.S. and some of the indirect costs associated with maintaining inventory and storing the cannabis products. In 1982, Congress enacted Sec.
The Chief Operating Officer of BioTrackTHC, Moe Afaneh, gave a high-level overview of the company’s seed-to-sale software for state-level data collection. Individual products available for sale to consumers or patients must meet the state’s packaging and labeling requirements. . Track and Trace for Medical and Adult Use.
Here’s a recently published article in “The Print” Cannabis is integral to India. egend has it that the shade of a tall cannabis plant once brought Lord Shiva relief from the blazing sun. In fact, there are more than 1,000 slang terms for the humble cannabis, a plant that can be used in various forms.
Thanks to the recent emergence of regulated medical cannabis markets, the success of this versatile plant can be followed from farm to pharma and prescriber to patient, however, the origins of cannabis as medicine cannot be as simply traced as the plant is today from seed to sale. million people.
Cannabiz Media’s new research report – Cannabis Software Stack – has been published and provides critical insights about seed-to-sale and point-of-sale software license opportunities (i.e., The Cannabis Software Stack Executive Summary is available for free download now. Your submission has been received!
We’ve all heard of NFTs being used to capitalize on digital images of maritime characters with exposed brains and corporate executive tweets , but — actual cannabis? Matt Benas paid 224,000 rand (nearly $16,500 USD) in a transaction billed as the “world’s first NFT authenticated cannabis strain.” . It was for the coveted seeds.
As a result, CBD-containing foods require an authorisation to be legally placed on the EU market according to Article 6 (2) of the Novel Foods Regulation. As a result, CBD-containing foods require an authorisation to be legally placed on the EU market according to Article 6 (2) of the Novel Foods Regulation.
The article also highlights Hemp, Inc. a publicly traded company he founded to help create a better world,” the article reports. “Mr. To read the Microcap Daily article, click here. To read the Microcap Daily article, click here. 26 with approximately 10,000 hemp seeds planted in a single day.
On eve of Commission’s fourth birthday, Marijuana Establishments surpass $2 billion in gross sales since retail stores opened in Massachusetts; progress continues to achieve industry goals. Over the first year of adult-use sales , from November 2018 to November 2019, 33 Marijuana Retailers generated $393.7
Cannabis is increasingly becoming a substance that is being accepted by the mainstream population in many countries across the world, not just for medicinal use but for recreational purposes as well. This article outlines a few aspects of cannabis – some of which you likely already know, but one or two that you may not.
The legal cannabis market is still in its infancy and there is no official body to check the origin and quality of the products on offer. How could there be, when cannabis is still banned at federal level? Despite what many people think, cannabis is still illegal here. For cannabis patients, things are looking slightly better.
. “We appreciate and continue to seek the public’s input on how to best implement Article XIV of the Constitution ,” said Dr. Randall Williams, DHSS Director. Draft rules for Definitions and Seed-to-Sale Tracking are now posted on the DHSS website. Until then, draft rules are subject to change.
In 2016, Florida voters overwhelmingly voted in favor of a ballot initiative intended to expand medical marijuana accessibility to patients diagnosed with a “debilitating condition,” which is now embedded in Article X, Section 29 of the Florida Constitution (the “Medical Marijuana Amendment”). 1D18-4471 ). 1D18-4471 ). Florigrown Appeal.
Ukraine’s Health Minister Viktor Liashko announced on June 7 that the government had backed the bill that would legalize medical cannabis amid the war with Russia. The bill aims to improve the quality of medical services for the population that undergoes palliative medicine and encourage medical research on cannabis.
There are five important “categories,” that require company leaders’ utmost focus and attention as they launch a compliant cannabis business in a newly legal state. Non-compliant businesses face the risk of being shut down and attract negative attention to the cannabis industry. One commonality among all states is cost.
PUBLISHER: CANNABIS LAW REPORT. . Pennsylvania Senator Daylin Leach and Senator Sharif Street recently unveiled their plan to introduce legislation, Senate Bill 350 (“SB 350”), that — if passed — would legalize adult-use cannabis and create a corresponding regulatory program.
Last summer, Cannabiz Media published its first Cannabis Software Stack Report where we juxtaposed state license counts against all the companies that connect to METRC and Leaf Data Services in WA. All totaled, these incumbents entered 88 states with Distru adding 11 and Seed and Beyond nine. Your submission has been received!
Wyoming just introduced legislation that could bring a legal cannabis industry to the predominantly conservative state. . If the bill becomes a law, then the sale, purchase, possession, and cultivation of cannabis will become regulated and legal. The bill was assigned to the state House just this week. The Potential of HB0209.
Recently, three British MPs went to Canada on a fact-finding cross-party trip to consider the effects of a more relaxed regulatory environment in respect of cannabis. After the trip, the MPs predicted that the UK would follow Canada’s lead and legalise cannabis for adult use within a decade. What substances are at issue?
Mexico turned a bunch of heads this week with the news that, finally, recreational cannabis is being seriously considered. Now, the country has also announced what the cannabis regulations will be if it passes. . The Ministry of Agriculture will regulate seeds, hemp and growth planning.”. The Fine Details.
Editha R Hechanova of Hechanova & Co Inc explains the hurdles that are preventing Filipino lawmakers from legalising medical cannabis… Editha R Hechanova. In 2017, newspapers quoted Duterte’s spokesman that the former was open to approving bills legalising medical cannabis. Everything is medicinal. That would be an excuse.
Senator Jeremy Cooney of New York introduced a bill on July 20 that would build upon the state’s recreational cannabis law with a focus on getting cultivation up and running. The adult-use cannabis industry is projected to be a multi-billion dollar industry in the state of New York. New York’s Road Here.
CANNABIS CULTURE – Despite dubious hemp ban. California’s cannabis mecca, Humboldt County, banned hemp farming last month, but local cannabis and hemp growers know this issue is far from over. . Boucher’s greenhouse in southern California grows hemp seed but pollinates in a controlled environment.
Hemp , scientifically defined as Cannabis sativa , is a plant, each part of which can be put to use: the stalk, seeds, and flowers. It is also called industrial hemp , plant of the family Cannabaceae cultivated for its bast fibre or its edible seeds 1. As published via the Mondaq Platform. 20 December 2021.
Ganjapreneur report… Sixteen months after legalization, just nine of California’s 627 retail cannabis dispensaries are actively using a seed-to-sale tracking system – along with only 93 of more than 1,000 manufacturers and 254 of the nearly 4,000 licensed cultivators, according to an Associated Press review of state data.
Most cannabis businesses report they see the program as an investment in employees that also allows them to avoid large noncompliance fines. Marijuana training solutions provider Cannabis Trainers added three classes on Dec. Marijuana training solutions provider Cannabis Trainers added three classes on Dec. MJ Biz reports.
The use case for industrial hemp – defined under federal law as cannabis plants or plant parts containing no more than 0.3% This article provides guidance on IP protections and patent application process as it relates to industrial hemp. Under the CSA, marijuana was defined as all parts of the plant Cannabis sativa L.,
It’s no surprise that Canada has been killing it when it comes to cannabis spending in their legal, nation-wide market. It’s also common knowledge that, despite the hit the global economy took in 2020, cannabis is one of the only markets that not only survived, but thrived. billion worth of dried cannabis flower last year.
These regulations were enacted for the purpose of regulating the production, procurement, distribution, possession, sale, provision and transportation of industrial hemp. The writer is a lawyer and a passionate farmer who has been following closely discussions around the developments in our agricultural sector. on a dry weight basis.
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