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The recently passed ordinance created the Tribal Cannabis Exchange to issue licenses and collect fees, and it includes a compliance office overseen by the Tribal Cannabis Board. Read the full article at [link].
The Santa Barbara County Board of Supervisors will hear an update on cannabis tax collection in the last quarter of the fiscal year 2020-2021 during its regular meeting on Tuesday. During the last fiscal quarter that ended June 30, the county collected about $3.8 million in gross tax receipts paid by 58 operators.
The ERP operates as a system, collecting data in real time and connecting it all together for your. directly to authorities in order to maintain compliance. The management of a cannabis company is very complex and needs support as more detailed. tables, manufacturing prices, sales prices, clients, etc. accounting.
The CCPA will require thousands of businesses, including cannabis businesses, to undertake significant compliance efforts or risk substantial penalties. For cannabis businesses, however, compliance efforts must be considered in light of other applicable privacy laws. Read the full article at.
Companies must disclose their privacy practices to consumers at the point of data collection (e.g., This may not sound like a lot, but it created a worldwide rush to compliance leading up to May 2018, with many companies still trying to get their ducks in a row. based operator to GDPR compliance. but on a lesser scale).
Without compliance boxes checked, the operation will not be able to launch. Missouri legalized cannabis for medicinal use in 2018 and the state collected more than $13 million in application fees alone, stemming from 2,100 total applications. Compliance. View original article. Data & Software.
Maureen West, Chief Compliance Officer for Functional Remedies LLC. View original article. The post UCANN Drops Patent Lawsuit Against Pure Hemp Collective appeared first on SpeedWeed. Luke Zigovits, Owner and Farm manager for Higher Level Organics. Louis Vega, Founder and CEO of ¡WEPA!
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. On Monday, September 16 th Drummond Woodsum attended the state’s track and trace kickoff event hosted by the Office of Marijuana Policy (“OMP”) in Augusta.
As such, compliance with the TCPA was already difficult for even the most established industries and companies. The law also has some reach, essentially imposing strict liability even when the texts/calls are made by a third party marketing company on behalf of their client. In April 2019, Eaze initially agreed to a $1.75
The LA Times published an article on December 24 th that begins, “Two years after California began licensing pot shops, the industry remains so outmatched by the black market that a state panel recently joined some legalization supporters in calling for significant changes — perhaps turning again to voters to address the problems. .
Among these requirements is that if the producer is a business entity, the State or Tribe must collect and submit information that includes: The full name of the business, Address of the principal business, The location, full name and title of the “ key participants ”, An email address if available, and. What does this mean?
GCAC’s Citizen Green technology uses artificial intelligence and blockchain to collect clinical data directly from consumers in an effort to streamline the regulatory process that impedes the manufacture of innovative marijuana products. The challenge is collecting, standardizing, and analyzing data that is highly reliable and relevant.
“ The referendum must collect 50,000 signatures for the project to be debated in Parliament, and collected half of it at the time of writing. Article: Talking Drugs.com – Grass roots: cannabis decriminalization campaign in Finland pushing towards public agenda. Source: [link]. Other Resources. Wikipedia: [link].
Jennifer Mora is the assistant editor for The Blunt Truth, as well as a Labor & Employment senior counsel in the Los Angeles office and key member of Seyfarth’s Workplace Compliance Solutions group. Article: View Original Source . Can employers still conduct reasonable suspicion drug tests and take action based on the results?
On February 14 th the Los Angeles Times published an article by Joe Mozingo entitled “Cannabis Farm Was a Model for California’s Legal Industry”. The article suggests the law enforcement officers who executed the search warrant were surprised by extent of the criminal activity at this “model” cannabis farm. WAKE UP CALIFORNIA! ,
In a July 24, 2019 dated guidance, Pennsylvania’s Department of Agriculture (“DOA”) announced it will be randomly collecting and testing hemp variety samples from 25% of licensed hemp growers for tetrahydrocannabinol (“THC”) content.
Measure 1, Security plan: The applicant shall provide an acceptable safety and security plan, including staffing and site plan, and a detailed description of proposed security and safety measures, which demonstrates compliance with the rules at N.J.A.C. Criterion 2. Criterion 6. Criterion 7.
Despite the pandemic, the medical cannabis market has been booming, and the Oklahoma Medical Marijuana Authority reports that the state collected over $127 million in state and local taxes from medical cannabis in 2020.”. Despite illegal operations, Oklahoma collected $90.7 View original article. And it’s still growing.
Despite the pandemic, the medical cannabis market has been booming, and the Oklahoma Medical Marijuana Authority reports that the state collected over $127 million in state and local taxes from medical cannabis in 2020.”. Despite illegal operations, Oklahoma collected $90.7 View original article. And it’s still growing.
While crucial to compliance efforts, these mandatory systems significantly amplify the burden of getting product to market and into the hands of patients. Unfortunately, restrictions imposed by COVID-19 made collection of signatures impossible. Randal Williams, et al. The State claims no wrongdoing.
This milestone speaks to the success of licensees that have interacted with the Commission from the application stage, maintained compliance with our strict regulations, and contribute every day to communities across the Commonwealth.
In addition, we provide proactive insight to help entities prepare for and adapt to regulatory changes and offer compliance services designed to meet annual governmental reporting requirements. Here are a number of articles the firm has recently published on the subject of cannabis. We know the landscape. We know the participants.
Here’s their article in full published via JD Supra. The article is authored by. New York City employers who conduct pre-employment drug tests should review their practices to ensure compliance with this new ordinance. Source: [link]. Aaron Colby. Michael Goettig. Practical Guidance.
This has had a significant impact on marijuana businesses operating in compliance with Maine law across the state. . In her labor and employment practice, Hannah counsels employers on achieving and maintaining compliance with federal and state employment laws, the development of personnel policies, and employment contracts.
The public health minister said that as of May 2019, only six NHS prescriptions had been written since the changes to the Regulations came into effect and ten private prescriptions were written between January 2019 and February 2019 according to the NHS Business Services Authority, which collects data on primary care. Novel Foods Regulation.
The company’s facility in Pelham, Ontario was hit with a non-compliance rating by Health Canada following several violations, most notably unlicensed grow rooms. But now, Health Canada found more compliance issues, this time at the company’s second location. WeedAdvisor’s Emphasis on Compliance. . Violations. .
The nearly two-dozen penalties for violations of the Excise Act include one large levy of approximately CA$500,000, according to the CRA, which collects taxes and administers tax law for the Canadian government. View original article. The Canada Revenue Agency (CRA) has issued cannabis-related fines totaling 1.3
Through advanced data collection and the application of sophisticated algorithms, usable data is now available to help marijuana businesses: Predict trends. The distribution process for cannabis products is different from one state to another, but it’s always complicated due to security and regulatory compliance concerns. Reduce costs.
Regulators will also be prohibited from penalizing institutions for authorizing, processing, clearing, settling, billing, transferring, reconciling, or collecting payments for a legitimate cannabis-related business for payments made by any means, including a credit, debit, or other payment card, an account, check, or electronic funds transfer.
During the first seven weeks of the law’s enactment (with data collected from July 1 to August 20), reports show that there were 20 arrests in Chesterfield, two in Henrico, zero in Hanover and three in Richmond for a total of 25 arrests. View original article. In July and August of 2020 , there were 257 arrests. “We
This business model inherently creates several issues, such as higher rate of theft, difficulty assessing and collecting taxes properly, and allowing bad actors to pose as legitimate. With this federal classification, the cannabis industry is isolated from banking and, in many cases, reduced to a cash-only venture.
In this article, well dive into what this measure will mean for workers, why unions are pushing for change, and how cannabis labor unions are transforming the workforce across the U.S. Thats what Ballot Measure 119 is all about: a law that requires cannabis businesses to allow employees the chance to unionize without interference.
A new article by Joe Mozingo of the Los Angeles Times delves deeper into Barry Brand’s marijuana operation and how it ties into botched legislation and approvals by County Supervisors. Brand Farms was expected to be the model for legal cannabis growing in Santa Barbara County until it was raided. million.
While we could devote a book length article to a present day critique of that report we are going to limit our thoughts to a review of the Tax Policy component of the report which appears on pages 48 through 56. We have commented at length in recent articles with our suggestions to correct both aspects.
While we could devote a book length article to a present day critique of that report we are going to limit our thoughts to a review of the Tax Policy component of the report which appears on pages 48 through 56. We have commented at length in recent articles with our suggestions to correct both aspects.
investment community as to the boundaries of legal risk and compliance. the sale of shares or assets and collection of dividends outside the U.K. There is very little guidance for U.K. businesses with regards to cannabis-related activity and significant discrepancy in opinion within the U.K. On 18 June 2019, the U.K. Source: [link].
These opinions create an opportunity for a cannabis dispensary to exclude from gross revenue a substantial portion of the money collected from cannabis consumers. These funds are money that a dispensary is obligated to remit to various governmental agencies.
Despite the pandemic, the medical cannabis market has been booming, and the Oklahoma Medical Marijuana Authority reports that the state collected over $127 million in state and local taxes from medical cannabis in 2020.”. Despite illegal operations, Oklahoma collected $90.7 View original article. And it’s still growing.
Despite the pandemic, the medical cannabis market has been booming, and the Oklahoma Medical Marijuana Authority reports that the state collected over $127 million in state and local taxes from medical cannabis in 2020.”. Despite illegal operations, Oklahoma collected $90.7 View original article. And it’s still growing.
Despite the pandemic, the medical cannabis market has been booming, and the Oklahoma Medical Marijuana Authority reports that the state collected over $127 million in state and local taxes from medical cannabis in 2020.”. Despite illegal operations, Oklahoma collected $90.7 View original article. And it’s still growing.
We want to first describe some of our qualifications for writing this article. Before we get to the principal reason for this article, we must comment on an aspect of greed that is frequently overlooked as a cause of the chaos in California’s cannabis industry. CDTFA failed almost as badly as CalCannabis.
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]. If you wish to re-publish this story please do so with following accreditation.
The Law 242/2016 also lists the products that may be obtained from hemp, including food and cosmetics, provided that they are in compliance with the applicable regulation of the Ministry of Health, including as far as the maximum tolerated THC content is concerned. 309/1990 upon the condition that the THC content does not exceed 0,6%.
Dayna Stein closes with a powerful statement: “ Our business is truly about community building and taking collective action.”. Then there’s the bursting cannabis industry, filled with all its technology and compliance –yet void of any measurable reduction in the collective carbon footprint.
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