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Members of the House of Representatives voted 321 to 103 in favor, representing 79% of the vote of HR 1595: The SAFE Banking Act, which amends federal law so that explicitly banks and other financial institutions may work directly with state-legal marijuana businesses.
Today we address disqualifying criminal history for the purpose of participating in the hemp industry. The EIN number of the business entity. Applications for a producer license – whether submitted to the USDA, a State, or a Tribe – must be accompanied by a completed criminal history report for each key participant.
In the previous Congress, The Ending Federal Marijuana Prohibition Act became the first bill in American history to end the federal policy of criminalization that earned bipartisan support. “The Ending Federal Prohibition Act is about acknowledging political, scientific, and economic reality. .
TORONTO , July 19, 2021 /CNW/ – Halo Collective Inc. (“Halo” or the “Company”) (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN), a vertically integrated cannabis company, announced today that it has entered into a brand licensing arrangement (the “Licensing Agreement”) with Brezwald Corp. Related Links.
Today, we stood with Representatives Tulsi Gabbard and Don Young as they introduced the Ending Federal Prohibition Act and Marijuana Data Collection Act. Despite this economic boon, marijuana businesses are still unable to utilize financial services and face issues regarding taxation that no other legal business faces.
It is a scenario that frustrates legal cannabis businesses and law enforcement alike. In May of this year, authorities conducted what they describe as the largest collective marijuana bust in Colorado’s history, seizing over 80,000 plants and making 42 arrests.
“The inaugural Hemp Grower Conference will be an opportunity for hemp industry stakeholders to come together to learn valuable market insights and discover grower-specific innovations and technology solutions that will bolster their businesses,” said Group Publisher Jim Gilbride. For more information, visit www.GIEMedia.com.
Canadian-based licensed producer Medcann made history this August. This effectively keeps the “mom and pop” businesses afloat, offering security and making a “…positive social impact with sustainable formal employment” at a low production cost. WeedAdvisor’s Support for Medcann’s Practices. .
The weakness relates to the collection and remittance of Cannabis Excise Tax [“CET”] and Cannabis Cultivation Tax [“CCT”]. When the Distributor role was created, the California Legislature decided to place the majority of the collection and remittance responsibility on it [1]. “A
Lower East Side Long known as a hub for immigrants from all over the world — the Lower East Side is filled with the history and diversity that make the city what it is today. Chinatown Take a stroll and check out the many shops, restaurants, and family-owned businesses lining the largest Chinatown in America.
As we dive into the formation and operation of a cannabis business, we need to make a shameless plug for an article that is about how we think our clients can make the best use off our services. The core team of advisors should be selected, the composition of which will vary according to the size, nature and operations of the business. [We
In learning about Las Vegas’ history from a perspective that isn’t often discussed, we got a firm grasp on how marijuana has undisputedly been a tool used for oppression. We participated in gardening and yard clean up at Harrison House, held a Black History month panel together, and helped with a Mardi Gras neighborhood celebration.
While Michigan has a long history of unionized workforces, this is a new development for the state’s cannabis industry. These laws have robust histories and have created a legal environment that provides guidance and some level of certainty about how to best manage a unionized workforce. The Collective Bargaining Agreement.
However, from the business decision vantage point, they’re not all that necessary. But first, a little history. reviewing packaging and labeling of finished products), and for the collection and remittance of cultivation and excise taxes to the California Department of Tax and Fee Administration. 6. Payment Terms.
In addition to legalizing adult use and possession of cannabis, the law creates a statewide regulatory regime for commercial cannabis activity, but also provides discretion to local jurisdictions to prohibit or restrict such businesses.
However, marijuana remains illegal under Federal law, and this creates an uncertain landscape for marijuana businesses in the preparation of their Federal income tax returns and in handling an IRS audit. In addition, marijuana businesses must be aware of cash handling issues. Section 280E, Business Expenses, and Costs of Goods Sold.
The history of Black hemp farmers in America is a story that has been largely ignored. Read more to uncover the hidden history of Black hemp farmers in America and explore their contributions to this industry. From the early days of this nation’s history, hemp was a vital cash crop which served a myriad of purposes.
From the systemic history of racism in the United States, African Americans exclusion from economic opportunities leads to maximizing profits for the White elite (Hirschman, 2019). ” Other participants’ responses indicated that the cannabis industry is a for profit-driven business and is no different from any other industry.
It’s time for Idaho to grow up,” she told Cannabis Business Times and Cannabis Dispensary. Like Kind Idaho, The Idaho Way is currently in the process of collecting roughly 65,000 signatures to place PAMDA on Idaho’s 2022 ballot. There are people here who suffer, and we’re behind the times. ” View original article.
In addition, the taxpayer must have exercised ordinary business care and prudence in determining whether to obtain additional advice based on the taxpayer’s own information and knowledge. 1 Alterman should be read by anyone contemplating engaging in commercial business within the cannabis industry. 1 IRC §6651(a)(1).
–(BUSINESS WIRE)– #california –California’s largest cannabis retailer, Perfect Union , announced the official launch of a charitable Community Fund tied to its in-house 530 Grower flower brand today, on 5/30/21. $1 Soft launch raised over $5,000 for cannabis criminal justice reform. SACRAMENTO, Calif.–(BUSINESS
We are fortunate to have a leadership team with great depth, decades of operating experience and detailed knowledge of our businesses. As a collective enterprise, Ketamine One is dedicated to helping solve the growing need for safe and accessible mental health therapy. Twitter: @KetamineOne.
It’s time for Idaho to grow up,” she told Cannabis Business Times and Cannabis Dispensary. Like Kind Idaho, The Idaho Way is currently in the process of collecting roughly 65,000 signatures to place PAMDA on Idaho’s 2022 ballot. There are people here who suffer, and we’re behind the times. ” View original article.
Thats what Ballot Measure 119 is all about: a law that requires cannabis businesses to allow employees the chance to unionize without interference. have a long history rooted in protecting workers from dangerous and unfair work conditions. Background on Labor Unions in the U.S. Labor unions in the U.S. million U.S.
–(BUSINESS WIRE)– $APDN #COVID19 — Applied DNA Sciences, Inc. Testing under the Contract will commence in early August 2021, and all sample collection sites will be fully operational before the start of the academic year on August 25. Hayward, president and CEO of Applied DNA.
One of the highlights of any CannaTech conference is getting to know up-and-coming cannabis businesses at our Live Pitch competition. Kassi is equipped for advanced data collection, offering accurate, real-time, shareable dispensing history, automated reminders and personal recommendations. Replennabis.
Miss Grass and Flower One unite to educate on the history, science, and culture of cannabis and share it with the world. July 19, 2021-LAS VEGAS & TORONTO — Flower One Holdings Inc. Miss Grass is working to eradicate the stigma around cannabis and make it more accessible to everybody, everywhere. Local state laws where Cana Nevada Corp.
To collect signatures for our trip to Washington DC for NORML’s national conference and lobby day, we hosted pop-up stops at the many dispensaries across Las Vegas and a few in Reno. Black History Month Celebration. Hosted pop-ups across Las Vegas and Reno. Attended numerous cannabis industry trade shows.
David focuses on complex business and commercial litigation in state and federal courts involving data security and privacy, product liability and business disputes. The CCPA will require thousands of businesses, including cannabis businesses, to undertake significant compliance efforts or risk substantial penalties.
TEL AVIV, Israel–(BUSINESS WIRE)– Similarweb (NYSE: SMWB), a leading digital intelligence company, today released a report highlighting the digital trends shaping this year’s Olympic Games in Tokyo. ESPN and YouTube show modest gains online, emerging as digital front-runners. Learn more here: [link]. Press Contact: Maayan Weiss.
Repeal and Regulate: Post-Prohibition Regulation of Alcoholic Beverages Taking a step back into history, it is important to review post-prohibition alcohol regulation in the United States. The efficient and effective collection of federal excise tax. The federal approval and regulation of “cannabis products and product labels.”
These legislative developments have resulted in a tectonic shift in child custody matters and, in the business realm, spurred a tremendous upswing in entrepreneurial ventures for the production, manufacture, and distribution of cannabis-related products. This does not mean it is open season for cannabis consumers and patients.
–(BUSINESS WIRE)– $APDN #COVID19Testing — Applied DNA Sciences, Inc. The Contract contains no minimum testing requirement; it stipulates a fixed monthly fee for sample collection site services and a separate fixed fee per individual COVID-19 test. STONY BROOK, N.Y.–(BUSINESS
It’s time for Idaho to grow up,” she told Cannabis Business Times and Cannabis Dispensary. Like Kind Idaho, The Idaho Way is currently in the process of collecting roughly 65,000 signatures to place PAMDA on Idaho’s 2022 ballot. There are people here who suffer, and we’re behind the times. ” View original article.
This is the first time the team has made its way to the NBA finals in the history of the sports franchise. This would be thanks to the Collective Bargaining Act between the National Basketball Players Association (NBPA) and the NBA. Naming strains after athletes, political figures, and cannabis legends isn’t unheard of.
Further, The Hawthorne Collective will provide a $150 million convertible loan to Toronto, Ontario-based RIV Capital in Canada ( TSX: RIV ) (OTC: CNPOF), a cannabis investment and acquisition firm currently listed on the Toronto Stock Exchange. “The ScottsMiracle-Gro History. Long before cannabis was outlawed in the U.S.,
A collective bargaining agreement provision relating to drug and alcohol use provided for zero tolerance. The Court then reviewed the statute’s legislative history, which explained that the statute was modeled after an Arizona law that implied a cause of action.
This randomized controlled trial will collect data on 13 U.S. s history. The study will utilize Radicle Science’s data analytics platform and a virtual, direct-to-consumer model to deliver objective health outcome data across diverse populations and conditions. Hemp is central to one of the largest civil awards in Mont.’s
Additionally, as previously announced on January 21, 2021, Unifor and Aleafia entered into an exclusive 10-year agreement to support union members, retirees and their eligible dependents that receive medical cannabis insurance coverage clinics through Unifor’s collective bargaining agreements. The recent addition of KGK Science Inc.
SEATTLE–(BUSINESS WIRE)–Today, Leafly , the world’s leading cannabis marketplace and resource, released Seeds of Change : Strategies to create an equitable cannabis industry , a first-of-its-kind report that measures states’ efforts in making social equity a foundational part of cannabis legalization.
As part of its ongoing strategic review of the business, the Company is today announcing the following priorities: United States – National CBD Market: CRFT will expand distribution through a $1MM investment in wholly-owned Somo Industries Inc. d/b/a FeelWell Brands (“FeelWell”). “The
During his career, McKay has run large organizations with a focus on business development, strategic partnerships, and consumer engagement. He specializes not only in communications and marketing but oversees accounting, human resources, and business development. Amber Senter, Founder Breeze Distro. Kennedy School of Government.
Additionally, it positions ezGreen to showcase its POS solution which includes fully customizable compliance reporting, workflow management, business analytics and more to dispensaries participating in city sanctioned cannabis events. ” About ezGreen. Forward-looking statements are statements that relate to future, not past, events.
The Hawthorne Collective to advance an additional US$25 million to RIV Capital concurrently with transaction, deepening relationship and adding to RIV Capital’s balance sheet. where the business is undergoing significant expansion of growing and manufacturing space. TORONTO — March 30, 2022 — RIV Capital, Inc.
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