Cannabis Law Report

AUGUST 23, 2021

PATERSON — Mayor Andre Sayegh has vetoed the City Council’s ban on recreational marijuana businesses, saying he does not want Paterson to fall behind other municipalities in the race to cash in on legalized cannabis. “We He put the city in jeopardy,” said Councilman Luis Velez. Now the state can do whatever it wants.”.

Business 103

Business Marijuana Collective Recreational 103

Veriheal

SEPTEMBER 23, 2021

As the fight for legalization continues across the nation, more and more entrepreneurs are jumping for a spot in the flourishing industry. Current statistics from the Anthenum Collective show that more than 67% of Americans believe cannabis should be legal, and legal cannabis sales are expected to achieve a value of $73.6

Business 97

Business Access Cannabis Therapy 97

MJ Business Attorneys

JULY 24, 2019

Areas that have approved the sale of cannabis still deal with a “gray market” where legal and illegal marijuana markets coexist. It is a scenario that frustrates legal cannabis businesses and law enforcement alike.

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Legalization Marijuana Policy Business 178

Cannabis Law Report

DECEMBER 2, 2021

Treasury Secretary Janet Yellen said she supports allowing legal cannabis dispensaries to access the US banking system — where they’re now largely barred — to make it easier for the government to collect tax revenue. Yes, of course it would,” the Treasury secretary replied.

Collective 52

Collective Banking Access Dispensary 52

WeedAdvisor

JULY 15, 2019

Owning a business is never easy. businesses enjoy is the ability to deduct certain expenses, providing a notable tax break once the IRS comes to collect its due. Thanks to an antiquated law that the IRS is all-too-happy to enforce, taxes on legal marijuana dispensaries are astronomical. But one thing U.S. Section 280E.

Business 76

Business Law Legalization Marijuana 76

Veriheal

JANUARY 25, 2022

The board’s decision—which was made based on gaps in the 2018 Farm Bill that federally legalized hemp—is outlined in the document from its 901st meeting. or less THC) are still legal, the new stance effectively banned CBD and other hemp-derived products, such as delta-8 THC. Differing Interpretations of Hemp Legality.

Hemp 98

Hemp Business CBD Seed-To-Sale 98

Veriheal

SEPTEMBER 9, 2021

Rather than a ballot initiative , Connecticut, New Mexico, New York, and Virginia legalized the plant for adult-use purposes via a legislative process. They follow in the footsteps of Vermont, which became the first legislative-driven legal cannabis state back in 2018. Legal Cannabis Business Framework .

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Legalization Recreational Business Retail 109

Cannabis Law Report

OCTOBER 25, 2021

Marijuana regulators in Oakland, California, have begun referring a handful of social equity licensees to the city’s collections department after they defaulted on loans intended to help get their companies started. About half those are “only one or two payments behind,” the report states.

Collective 52

Collective Compliance Compliance Marijuana 52

The Herb Collective

JULY 2, 2023

The legalization of cannabis in many parts of the world has led to significant growth in the industry. This has created opportunities for businesses that work alongside cannabis dispensaries to tap into this growing market and increase their revenue.

Dispensary 52

Dispensary Business Hybrid Environment 52

Cannabis Law Report

JUNE 9, 2022

Treasury Department is proposing to start collecting data on marijuana businesses from banks—alongside industries it already tracks like liquor stores, convenience stores, casinos and car dealers—as part of its ongoing efforts to combat money laundering activities. Marijuana Moment reports. Read full report.

Data 52

Data Business Banking Collective 52

Veriheal

FEBRUARY 15, 2024

Ten Los Angeles-based cannabis businesses were recently raided. Collectively, the ten dispensaries owe more than $14.4 The Los Angeles Police Department collected bongs, cannabis manufacturing equipment, and furnishings including a snow cone machine, artwork, TVs, cameras, a refrigerator, and other miscellaneous office supplies.

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Collective Dispensary Cannabis Strains 102

Cannabis Law Report

JANUARY 17, 2022

DUBAI, United Arab Emirates–(BUSINESS WIRE)– Alpha Blue Ocean, the family office founded by Pierre Vannineuse, is delighted to announce the launch of a new partnership with Halo Collective, a leading, vertically integrated global cannabis company. Also, they are easy to deal with and highly professional.”.

Collective 52

Collective Concentrates Extraction Oil 52

SpeedWeed

MARCH 12, 2021

Its potential impact is enough to have the cannabis industry and its advocates warning of a so-called soft prohibition and again raising concerns about racial inequity in the business itself. Read more at The Denver Post ]. Read more at The Denver Post ]. View original article.

Recreational 52

Recreational Business Law Legalization 52

Cannabis Law Report

JULY 7, 2022

The “green rush” of legalization produced a small group of legitimate competitors in both the consumable and pipe spaces. The industry can expect more of the same as competitors fight for market share in a business ripe for explosion. Pure Hemp Collective, Inc. , UCANN”) v. 1:18-cv-01922-NYW (D.

Collective 52

Collective Hemp Extraction Terpenes 52

Cannabis Law Report

JUNE 4, 2022

California’s business tax collector is ramping up enforcement against unlicensed and licensed cannabis companies, which owe the state nearly $200 million in unpaid taxes. In particular, the CDTFA has launched raids and auctioned off seized properties as part of heightened efforts to collect unpaid taxes and rein in underground operators.

Business 52

Business Collective Cannabis Retail 52

SpeedWeed

APRIL 5, 2021

“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.

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Collective Hemp Media Events 52

Cannabis Law Report

DECEMBER 2, 2021

Legal marijuana sales are pushing local government budgets to new highs. Taxes from legal sales are a welcome boost to government bottom lines. Because the City of Tucson is able to collect ordinary sales tax on marijuana sales as well as a share of the special marijuana tax the city is expecting about $9.7

Legalization 105

Legalization Safety Collective Programs 105

Cannabis Law Report

MARCH 8, 2022

consumers support all legal cannabis businesses — including hemp and CBD — having access to banking services. 65% support allowing cannabis businesses to access banking services (e.g. checking accounts, business loans) in states where cannabis is legal. Of the 2,210 adults interviewed for the survey — .

Banking 52

Banking Hemp Business Access 52

Cannabis Law Report

JANUARY 9, 2022

Legalizing cannabis for adults has been a wise investment. 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. billion in tax revenue from legal, adult-use cannabis sales. Here’s what they say.

Collective 52

Collective Policy Retail Programs 52

NORML

MAY 19, 2020

Attorneys Generals from 34 states and territories sent a letter today to Congressional leadership urging members to expeditiously pass The Secure and Fair Enforcement (SAFE) Banking Act so that state-licensed cannabis business can explicitly engage in relationships with banks and other financial institutions.

Banking 363

Banking Marijuana Legislation Safety 363

Cannabis Law Report

SEPTEMBER 22, 2022

Whether affecting the amount of time a child would spend with the parent (physical custody), or a parent’s ability to make decisions for the health, education and welfare of the child (legal custody), a positive toxicology result slammed the door shut. This does not mean it is open season for cannabis consumers and patients.

Business 52

Business Legalization Law Supply Chain 52

Canna Law Blog

MARCH 17, 2022

A few weeks ago, California lawmakers quietly introduced SB-1326 , a bill that would amend the Medicinal and Adult-Use Cannabis Regulation and Safety Act ( MAUCRSA ) to legalize interstate cannabis sales, notwithstanding the status of federal law. Mandate that the agreement include provisions for collection of applicable taxes.

Legalization 95

Legalization Safety Legislation Cannabis 95

Canna Law Blog

JUNE 29, 2022

Complying with cannabis business regulations presents a challenge for start-ups and smaller firms. Some industries, like cannabis, suffer from over-regulation, overwhelming smaller businesses with the legal costs of compliance. But collective bargaining comes with its downsides. Here’s an answer in two parts: 1.

Business 70

Business Advocacy Policy Legislation 70

Cannabis Law Report

AUGUST 3, 2021

After the state legalized recreational marijuana in March, the lawmakers and advocates who pushed for the law have been criticizing Gov. While most of the state still needs to wait a year or more before sales can begin, some Native American tribes are already moving ahead with legal pot in their territories. City & State NY report.

Legalization 105

Legalization Cultivation Recreational Compliance 105

Canna Law Blog

JANUARY 7, 2022

Across practices, we are seeing the internet turn into a menace for businesses dealing with law enforcement and regulatory agencies. Risks are present for entities of all stripes, but cannabis businesses in particular need to beware of the Internet and what it says about them. Hemp CBD businesses need to beware of the Internet.

Business 70

Business Media Hemp CBD 70

Cannabis Law Report

SEPTEMBER 12, 2019

DEAD – ALIVE – COMATOSE – Are medical cannabis collectives dead or alive? What about adult-use cannabis collectives and cooperatives? If you can apply the advice to improve your business or your life, you get a benefit that cost you solely a little time. CPAs – Jordan S. PUBLISHER: CANNABIS LAW REPORT.

Collective 45

Collective Cannabis Conditions Cultivation 45

SpeedWeed

MARCH 21, 2021

New York State is on the cusp of legalizing cannabis for recreational use. Initially put forth in the 2019 legislative session, legalizing recreational marijuana took a backseat to more wide-ranging criminal justice reforms, as New York overhauled state bail and discovery practices. Where does this legislation fall short?

Business 52

Business Legalization Consumption Legislation 52

SpeedWeed

AUGUST 30, 2021

Kind Idaho Chair Jackee Winters is laser-focused on qualifying the group’s medical cannabis legalization initiative for the state’s 2022 ballot in order to help her daughter, who suffers from a brain tumor, get legal access to cannabis. It’s time for Idaho to grow up,” she told Cannabis Business Times and Cannabis Dispensary.

Legalization 80

Legalization Collective Decriminalization Dispensary 80

Cannabis Law Report

JULY 29, 2021

A recent study conducted by the National Association of Realtors said 50% of leasing professionals found it wasn’t hard to re-lease a property after tenants smoked cannabis indoors, and the organization “does not have a position on cannabis legalization.”. Legal cannabis raises home value. Key Findings. The seven states (plus D.C.)

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Data Legalization Education Programs 116

Cannabis Law Report

JULY 9, 2021

In a large-scale study led by the Marijuana Policy Project, the organization compiled information from all 19 states that legalized recreational marijuana, as well as Washington D.C. it is less profitable than legal cannabis, the study reveals. legal cannabis brought states an additional $7.9 Cannabis Revenue Outpaces Alcohol.

Legalization 105

Legalization Recreational Collective Cannabis 105

Cannabis Law Report

MARCH 25, 2022

Like other federal agencies during the coronavirus pandemic, the IRS put much of its routine work on the back burner, including audits, enforcement and collections, according to tax professionals. Now, we’re seeing (IRS audits) all over the country, from East Coast to West Coast, and it’s wherever cannabis is legal.”. Read full story.

Business 52

Business Marijuana Collective Legalization 52

Cannabis Law Report

SEPTEMBER 24, 2021

GREAT BARRINGTON — A community impact fee levied against marijuana businesses does not amount to “legalized extortion,” a Select Board member said recently. By law, the impact fees collected by the town must be used for programs or expenses related to offsetting potential negative effects of marijuana use.

Legalization 52

Legalization Collective Marijuana Education 52

Canna Law Blog

NOVEMBER 9, 2019

While we’re on the topic of dramatic legal changes, it’s probably a good idea to talk about a California privacy law that’s about to take effect and require many cannabis and hemp companies across the nation to dramatically change their business practices—the California Consumer Privacy Act (or “CCPA”).

Business 83

Business Hemp Law Collective 83

Cannabis Law Report

FEBRUARY 22, 2020

The marijuana legalization law, as rewritten and passed by the Legislature in 2017, required Attorney General Maura Healey and the Cannabis Control Commission to jointly study the “advisability of establishing criminal penalties for violations” of the new law. Advertisement.

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Collective Decriminalization Safety Law 59

The Blunt Truth

MARCH 1, 2024

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. Arkansas’ Attorney General gives the go-ahead for advocates to start collecting signatures for a ballot initiative. The House passed a bill that would set up a retail market, similar to those in other cannabis-legal states.

Retail 59

Retail Consumption Collective Decriminalization 59

Canna Law Blog

MARCH 13, 2024

If you own a cannabis business, a major consideration is where to keep your money. Though many business owners may find banking to be a headache regardless of industry, few business owners have more hurdles to deal with than cannabis growers and dispensaries. This is where a trusted cannabis lawyer at Harris Sliwoski can help.

Banking 82

Banking Business Cannabis Compliance 82

Cannabis Law Report

FEBRUARY 19, 2022

While cannabis legalization moves full steam ahead through much of the Northeast, the southeastern U.S. As such, we thought we’d take a moment to round up the status of cannabis legalization in the South, an area worth watching. has been notably slow to uptake major reforms.

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Legalization Seed-To-Sale Programs Dispensary 97