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What Is the MORE Act, and How Could It Change Marijuana Policy Forever?

NORML

On the business end, the MORE Act also sets a 5 percent federal tax on all cannabis sales. The excise taxes collected would go toward regulatory oversight, funding expungements and resentencing procedures, and researching how legal cannabis will affect the population at large. That’s it.

Policy 276
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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

Since 2014 when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. Here’s what they say.

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Cannabis Banking: All Businesses are Marijuana Related Businesses

Canna Law Blog

businesses are marijuana related businesses (MRBs). The closest we have to a federal framework is from this 2018 SBA Policy Notice , which categorizes MRBs as “direct”, “indirect”, and “hemp-related businesses.” Cannabis dispensaries, cultivators, processors and testing facilities all fall under this definition.

Banking 98
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A big player staying committed to craft: Introducing Trulieve’s Cultivar Collection

SpeedWeed

The new Cultivar Collection from Trulieve demonstrates how a multi-state player can stay craft at its core. Nowhere is this truer than in the cultivation of craft cannabis. But that’s exactly what’s happening for this seed-to-sale leader that’s paving the way in the business. Crafting the Cultivar Collection.

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San Diego: Supervisors OK Cannabis Review Policy, Changes For Existing Facilities

Cannabis Law Report

The two-year PEIR process would cover all potential uses including retail, distribution, testing, manufacturing, indoor and outdoor cultivation, and microbusinesses. ” As the county moves closer to voting on a revamped marijuana policy, Board Chairman Nathan Fletcher described Wednesday’s action as a challenge.

Policy 105
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Advocating for Better Cannabis Business Regulations

Canna Law Blog

Complying with cannabis business regulations presents a challenge for start-ups and smaller firms. In the United States, many industries lack well thought out regulatory policy. Some industries, like cannabis, suffer from over-regulation, overwhelming smaller businesses with the legal costs of compliance.

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How Texas Original Compassionate Cultivation Weathered the State’s Winter Storm

SpeedWeed

Founder and President Corey Barnette says that his extensive business background gave him a solid foundation for his entrance into the cannabis space. And now that he’s spent years here, navigating the cultivation side of the industry and monitoring broader trends in the U.S., MM: You have engaged in a diversity of business.