Remove Article Remove Dispensary Remove Recreational Remove Seed-To-Sale
article thumbnail

Dispensaries Plan To Open Soon Despite Medical Marijuana Mess In Missouri

MedicalJane

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. First, Missouri implemented a seed-to-sale system which added many unnecessary layers between growing the plant and selling product to patients.

article thumbnail

Article – New York: Native Nations Assert Right to Cannabis Economy

Cannabis Law Report

Native American nations in New York state are eyeing the legal cannabis business, with some reservations already operating dispensaries. Shinnecock Nation to Open Dispensary and Wellness Lounge in Hamptons . The first licenses are still months away. Impatience is growing among aspiring entrepreneurs. That free-for-all may soon be over.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How High Are Taxes on Recreational Marijuana in Your State?

SpeedWeed

After a nearly 10-hour filibuster Tuesday, House lawmakers reconvened Thursday and considered several floor amendments before passing the Senate-originated bill, 68-34, which would allow registered patients diagnosed with qualifying conditions to access cannabis. The legislation, Senate Bill 46 , now heads to Republican Gov. Kay Ivey’s desk.

article thumbnail

New York Senator Introduces Cannabis Cultivation Bill

SpeedWeed

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. He continued, “We passed adult-use recreational marijuana with the promise of investing in communities most negatively impacted by the failed War on Drugs.

article thumbnail

McGuire Woods: In the Weeds: New Laws for 2022, Kansas Weighs Delta-8, Maine Appeals Dispensary Ruling, Nevada Approves Lounges

Cannabis Law Report

1, Montana permits retail marijuana sales for adults 21 and older. Under the new law, dispensaries and medical cannabis businesses are also subject to stricter requirements, such as those addressing advertising practices. 16 In the Weeds article) from the U.S. Below is a list of state law updates to look forward to this year.

article thumbnail

Greenway – Article: Income Taxes and the Cannabis Business: The Impact of §280E

Cannabis Law Report

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. In 1982, Congress enacted Sec. 280E, which reversed a Tax Court decision ( Edmondson , T.C. 173 (2007)). 280E, still apply.

article thumbnail

Cost of Compliance Tips to Get a Cannabis Business off the Ground – Cannabis Business Executive

SpeedWeed

That becomes especially true when comparing medical and recreational licensing. Dispensaries and infused product manufacturers applicant fees ranged from $6,000-$10,000. 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.