Illinois News Joint

JANUARY 24, 2023

This week, DCEO announced sample guidelines for the use of the Cannabis Loan Funds. The guidance states, “Cannabis Loan Funds shall be used for ordinary and necessary expenses to start and operate a cannabis business.” Based on the business type, the following loan amounts (from a total of $8.75

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Programs Collective Cannabis Business 94

Cannabis Law Report

APRIL 13, 2022

Although the Budget includes the usual categories of expenditures we have come to expect from Albany, it also introduces certain tax-related measures, some of which are certain to be welcomed by the general business community, and a few that may be meaningful to certain industries. New York on Cannabis.

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The Blunt Truth

JULY 25, 2023

As the cannabis industry matures, there will be winners and losers. 7] A provider of hydroponic and gardening supplies for cannabis was also denied relief. [8] 8] ALTERNATIVES TO BANKRUPTCY Cannabis companies face a challenging landscape: high taxes, oversupply, security concerns. Losers lack access to the U.S.

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Hydroponic State Laws Dispensary Cannabis 52

Dykema (Cannabis Law Blog)

FEBRUARY 22, 2022

As sovereign nations, tribes can generally make their own rules for their business ventures and members on tribal lands, with state law potentially applicable only in sharply limited circumstances. Generally speaking, tribes regulate and operate their businesses free from state regulation.

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Legislation Marijuana Collective State Laws 73

Cannabis Law Report

JUNE 15, 2022

Medical Cannabis Producers Enter Settlement to Resolve Allegations of Pervasive Irregularities. In addition, the licensees must execute a management agreement with a third-party operator to manage and operate the remaining facilities that the department will continue to permit in compliance with state law. June 15, 2022.

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Business Marijuana Safety Banking 52

Canna Law Blog

DECEMBER 6, 2022

Whenever we get a cannabis-related memo from DOJ, I get pretty excited. This five-page memo is of particular import because it deals with cannabis financial crimes and enforcement. DOJ “issues” The SAFE Banking Act neither legalizes cannabis nor reschedules it on the Controlled Substances Act. Section 280E.

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Banking Compliance Compliance State Laws 81

Canna Law Blog

NOVEMBER 16, 2022

It’s no secret that, among California’s many cannabis industry issues, local control continues to stymie the success of the Golden State’s industry. In this, California is not alone– most cannabis is all local. Back in August, I wrote about the cannabis tax measure in L.A. 25 delivery.

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Retail Cultivation Business Programs 80

Canna Law Blog

JANUARY 6, 2023

The year 2022 was a busy one for the California cannabis industry, with everything from tax reform to the beginning of enforcement. In this post, I’ll go back through some of the highlight’s for California’s cannabis industry last year. California overhauled its cannabis taxes.

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Collective Hemp Cannabis Programs 73

Cannabis Law Report

JULY 23, 2021

On Wednesday, July 14, 2021 Senators Chuck Schumer (D-NY), Cory Booker (D-NJ), and Ron Wyden (D-OR) released draft legislation titled the Cannabis Administration and Opportunity Act. If implemented, regulatory responsibility of cannabis would be transferred from the U.S. Draft Bill Details.

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Research and Development DEA Programs State Laws 105

The Blunt Truth

JULY 14, 2022

They would like the White House to “use its existing authority to (i) deschedule cannabis and (ii) issue pardons to all individuals convicted of nonviolent cannabis-related offenses.” They collected over 25,000 signatures, which gives them a more than 10,000 signature cushion in their bid to put adult-use on the ballot.

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Banking Collective Events State Laws 111

The Blunt Truth

JULY 18, 2023

A recent lawsuit alleging trademark infringement by AmerikanWeed illustrates the importance of protecting intellectual property in the cannabis industry. Because the plaintiffs obtained a Washington state trademark registration, their recourse is limited to that state. Complaint at 9-10, Palmer, et al. Komm et al. ,

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Oil Hemp Cannabis Extraction 98

The Blunt Truth

APRIL 9, 2020

But there is some other news: the IRS seems likely to increase auditing of marijuana businesses, and Epidiolex has been removed from the controlled substances list. All eyes are on the next stimulus bill, as the cannabis industry hopes it will get some relief. Even in states where cannabis is legal, the virus is causing problems.

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Business Programs Collective Marijuana 118

Cannabis Chronicles

JUNE 27, 2019

Sticky’s Pot Shop, which unsuccessfully defied the county’s ban on recreational cannabis, will reopen in its Hazel Dell location should the Clark County Council vote to reverse the prohibition. In April, the council held a work session examining the public safety and health aspects of legal cannabis.

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Law Retail State Laws Business 113

Cannabis Law Report

SEPTEMBER 1, 2021

senators released a discussion draft of legislation that would remove cannabis from the schedule of controlled substances under federal law and provide for federal taxation of cannabis products. released a long-anticipated bill that would provide for comprehensive federal cannabis reform. This summer three U.S.

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Legislation Cannabis Business Extraction 98

Canna Law Blog

NOVEMBER 22, 2023

One of the main reasons why I am such a vocal supporter of written cannabis contracts is allocation of risk and liabilities. Parties to a cannabis contract have a number of ways that they can allocate risks and liabilities that they just won’t have in a “handshake” deal. Most of this can be dealt with in a contract.

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Retail Cannabis Edibles Business 86

Cannabis Law Report

SEPTEMBER 17, 2022

Although the use of cannabis has been legalized in approximately 39 states and the District of Columbia¹ , cannabis is still illegal federally and classified as a Schedule I drug under the Controlled Substances Act. 16 September 2022. by Heidi Schult Gregory and William Wolfe. Harris Beach. Bankruptcy Code. Clifford J.

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Legalization State Laws Cannabis Cultivation 59

Canna Law Blog

JULY 7, 2023

California’s cannabis laws are a textbook example of what a state shouldn’t do. It’s time for the state to end distribution licensing and simplify its arcane cannabis laws once and for all. Cannabis needs to get from one place to another. What are distribution licenses?

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Retail Collective Cultivation Legislation 90

Cannabis Law Report

NOVEMBER 29, 2021

Urbn Leaf CEO Ed Schmults to be named CEO of StateHouse – – Vertically integrated with a fully installed and operational platform to consolidate the California cannabis sector – – US$77.3 With these transactions, we are working to create a west coast cannabis powerhouse,” said Mr. Hawkins.

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Business Retail Cultivation Cannabis 52

Cannabis Law Report

SEPTEMBER 3, 2019

Both recreational and medical cannabis growers in Illinois will have to meet high standards for their energy and water use. . A state law signed by Gov. This is a high-resource-use industry, and it doesn’t have to be,” said state Rep. NPR ( St Louis Public Radio) report.

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Legislation State Laws Collective Cultivation 55

Cannabis Law Report

AUGUST 1, 2022

The ACLU of Maine says state regulators should eliminate a requirement that multiple video cameras be placed inside and outside adult-use cannabis businesses, arguing that doing so violates Maine’s ban on facial recognition surveillance. The Maine Press Herald reports.

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Dispensary Policy Data Retail 52

Veriheal

NOVEMBER 11, 2021

California is renowned for having one of the most lucrative and well-organized cannabis industries in the entire U.S. However, medical cannabis patients have felt somewhat neglected since The Control, Regulate and Tax Adult Use of Marijuana Act , or Proposition 64, was enacted. A Collaborative Effort To Increase Cannabis Access.

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Programs Patients Access Medicine 98

SpeedWeed

MAY 17, 2021

Martin’s cannabis use is completely legal under state law, though – he is a state-certified medical marijuana patient who has been using cannabis to treat chronic back pain and PTSD. The firefighter initially tested positive for cannabis metabolites during a random drug test last December.

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Legalization Chronic Pain Collective State Laws 52

Cannabis Law Report

NOVEMBER 15, 2021

Today, I intro’d the #StatesReformAct a turnkey federal tax and regulate framework for existing state laws. SC has CBD, FL medical, CA adult-use; this bill allows these differences while protecting kids, vets, businesses and those w serious illness. Here’s her twitter post. WATCH [link] pic.twitter.com/maZLxlVa1Z.

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Programs Food Business Seed-To-Sale 98

Canna Law Blog

OCTOBER 7, 2022

For years past, we regularly counseled our clients about the Telephone Consumer Protection Act (“ TCPA ”) because the cannabis industry, like many others, were being targeted for TCPA violations which were sometimes legitimate, sometimes not. For previous coverage on this topic, see: Cannabis Litigation: TCPA Claims.

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State Laws Compliance Compliance Collective 70

Cannabis Law Report

NOVEMBER 9, 2021

We do worry about collective memory in this day and age. Cannabis would be federally descheduled and treated in a manner similar to alcohol. Cannabis would be federally descheduled and treated in a manner similar to alcohol. -A percent excise tax would be imposed on cannabis sales. Department of Agriculture (USDA).

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Media Legalization Marijuana Agriculture 52

The Blunt Truth

DECEMBER 22, 2022

Nevada, like most states, has legalized cannabis for medicinal use. Although permitted under state law, a Nevada employee may still face discipline under a company’s drug policy. Following the incident, the employer required the plaintiff to take a drug test, and he tested positive for cannabis.

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Cannabis Law Report

FEBRUARY 12, 2022

According to state law, providing sales tax revenues to the public would be detrimental to the existing businesses when there are only two. “If If we gave out information or precise information about how much marijuana sales tax is collected by one business.

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Law Marijuana Policy Media 52

Canna Law Blog

SEPTEMBER 14, 2020

CCPA is a massive privacy law similar in scope to the European Union’s infamous General Data Protection Regulation, and applies to many businesses (not just cannabis businesses) that are based in or even “do business” in California. For businesses that are subject to CCPA, compliance can be rough.

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Business Compliance Compliance Collective 54

Cannabis Law Report

JULY 7, 2021

Now offering 2x exposure to global cannabis with MJXL, from the issuer who brought investors the first U.S. and world’s largest cannabis ETF. The Fund is ETFMG’s third cannabis investment offering, joining MJ, the first U.S. listed and world’s largest cannabis ETF, and MJUS, providing access to top names in U.S.

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Research and Development Collective State Laws Concentrates 94

Cannabis Law Report

APRIL 12, 2019

California expects to collect more than $500 million in marijuana-related tax payments next year according to a report in The Sacramento Bee. Collecting those taxes is the responsibility of the state’s Department of Tax and Fee Administration which has 11 offices around the state where marijuana business owners can drop off their cash.

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Collective Banking Legislation Business 51

Cannabis Law Report

FEBRUARY 19, 2022

While cannabis legalization moves full steam ahead through much of the Northeast, the southeastern U.S. These states haven’t made major headlines for their progressive cannabis policies, but together they constitute a major market that has, nevertheless, dipped its toe in the water. has been notably slow to uptake major reforms.

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Canna Law Blog

NOVEMBER 13, 2021

215, I was recently interviewed on KCRW to give my take on how California (and specifically the City of Los Angeles) has done when it comes to legalizing and licensing cannabis businesses. 215 legalized medical cannabis in 1996–it didn’t. 215 wasn’t about legalizing, regulating, and taxing cannabis at all.

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Cannabis Law Report

MAY 5, 2022

Advocacy groups consider the move harassment of business owners. Cannabis products are legal in Kansas only with very small amounts of hemp-derived THC. Law enforcement officers are carrying out raids in Topeka on shops selling cannabis products. THC is the key psychoactive compound in cannabis plants.

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Canna Law Blog

JANUARY 11, 2022

The War on Cannabis continues through aggressive state and local enforcement and prohibition measures with no end in sight. This is all very bad and we collectively need to figure out how to get people to comply with state law rather than penalizing everything. This left enforcement to state regulators.

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Compliance Compliance State Laws DEA 78

Cannabis Law Report

AUGUST 13, 2019

PUBLISHER: CANNABIS LAW REPORT. CA DOJ Medical Cannabis Rule Summary -The 16-page document from Attorney General Xavier Becerra’s office is “a good, solid first step” for enforcement, Kazan said. It spells out what is and what isn’t lawful grow. “I CA DOJ Medical Cannabis. Health & Saf.

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Medicine Patients State Laws Cannabis 61

Cannabis Law Report

SEPTEMBER 21, 2021

The same legislation also includes provisions that strongly encourage any cannabis-related employer seeking to operate in Connecticut to permit the unionization of its workforce. Judicial remedies may include ordering DCP to revoke the license or to appoint a receiver to dispose of any cannabis inventory. Project Labor Agreements.

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Collective Legislation Conditions Cannabis 52

Cannabis Law Report

SEPTEMBER 16, 2021

Outsourcing arrangements are viewed by some in the cannabis community as a way to not be deemed a “trafficker,” and thus able to avoid the harsh prohibition on business expense deductions under tax code Section 280E. See Patients Mutual Assistance Collective Corp. Bloomberg report. There are many good reasons to do this.

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