Cannabis Law Report

JANUARY 9, 2022

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. of the population enrolled.

Collective 52

Collective Policy Retail Programs 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.

Collective 52

Collective Hemp Media Events 52

Cannabis Law Report

MARCH 3, 2022

On February 28, 2022, the Oregon Psilocybin Services (OPS), a new section within the Oregon Health Authority (OHA), released results from a community interest survey concerning Oregon’s still-developing psilocybin program. The survey’s results show strong interest in the psilocybin program, particularly in accessing services.

Programs 52

Programs Access Data Legislation 52

Illinois News Joint

APRIL 22, 2024

The Illinois Department of Revenue (IDOR) released an informational bulletin for all dispensaries engaged in the business of selling adult use cannabis at retail in taxing jurisdictions that have enacted municipal or county cannabis retailers’ occupation taxes. To verify combined state and local retailers’ occupation tax rates (i.e.,

Retail 74

Retail Programs Collective Dispensary 74

Veriheal

JANUARY 25, 2022

The move has put many CBD and hemp-related companies across the state in a precarious position at a time when small businesses are barely hanging on as it is. Currently, state regulators want industrial hemp businesses to get their products licensed by the FDA as a drug in order to continue being sold in the state of Minnesota.

Hemp 90

Hemp Business CBD Seed-To-Sale 90

Illinois News Joint

DECEMBER 1, 2023

The presentation included one significant cannabis tax item, the business expense deduction for licensed Illinois cannabis businesses. 1, 2023, Cannabis industry businesses will be able to deduct business expenses that otherwise cannot be deducted federally pursuant to Section 280E of the Internal Revenue Code.

Cultivation 84

Cultivation Programs Collective Cannabis 84

Cannabis Law Report

OCTOBER 19, 2021

and Canada, Company Growth and New Integrations with Key Entities to Help Cannabis Entrepreneurs Grow their Businesses through Gift Card Technology. Gift cards are a proven catalyst for customer growth, consumer loyalty and increased incremental revenue, but cannabis businesses didn’t have easy access to such programs.

Programs 52

Programs Seed-To-Sale Retail Compliance 52

Illinois News Joint

JANUARY 24, 2023

The guidance states, “Cannabis Loan Funds shall be used for ordinary and necessary expenses to start and operate a cannabis business.” All uses of the proceeds must be necessary for the Illinois business, supported by adequate proof of obligation and expenditure, and comply with all requirements of the loan program.

Programs 88

Programs Collective Cannabis Business 88

Cannabis Law Report

DECEMBER 20, 2021

Emergency regulations for the equity license fee waiver program were approved today. –(BUSINESS WIRE)–Cannabis entrepreneurs affected by the War on Drugs can have their license or renewal fee waived, following the approval of emergency regulations issued by the Department of Cannabis Control (DCC). SACRAMENTO, Calif.–(BUSINESS

Business 52

Business Programs Environment Access 52

Cannabis Law Report

JUNE 2, 2021

LodeRock Advisors is a group of senior capital markets communications executives who develop and execute communications programs in order to help companies achieve their capital markets objectives and capture the full potential of their public listing. EDMONTON, AB , June 2, 2021 /CNW/ – Nova Cannabis Inc. FORWARD LOOKING STATEMENTS.

Business 105

Business Hybrid Retail Conditions 105

Cannabis Law Report

MARCH 25, 2020

Maine’s Office of Marijuana Policy (OMP) issued a memorandum today explaining that medical marijuana businesses are deemed “essential” and may continue operating despite the spread of COVID-19. Governor Mills urged “non-essential” public-facing businesses to close but medical marijuana businesses are exempt from this guidance.

Business 45

Business Marijuana Collective Policy 45

Cannabis Law Report

JULY 1, 2022

Move cannabis excise-tax collection and remittance to retail in 2023, establishing one point of collection and remittance and greatly simplifying tax requirements for the entire cannabis supply chain. Allow eligible equity retailers to keep a percentage of the excise tax they collect. Strengthen labor peace requirements.

Supply Chain 52

Supply Chain Legislation Collective Retail 52

Cannabis Law Report

OCTOBER 12, 2021

–(BUSINESS WIRE)– $APDN #covid19 — Applied DNA Sciences, Inc. Leveraging its deep expertise in nucleic acid-based technologies, the Company has also established safeCircle™, a pooled COVID-19 testing program that is grounded in the Company’s EUA-authorized Linea™ COVID-19 Assay Kit. STONY BROOK, N.Y.–(BUSINESS

Programs 52

Programs Clinical Trials Research and Development Therapy 52

Cannabis Law Report

SEPTEMBER 10, 2021

What constraints does the MRTA place on the location of these businesses? MRTA also includes a process through which social and economic equity applicants can receive additional support to establish licensed cannabis operations, including through loans, grants, and incubator programs. Types of Licenses.

Business 94

Business Legislation Dispensary Law 94

Cannabis Law Report

FEBRUARY 1, 2020

Illinois Extension educators have curated a collection of resources related to the legislation, production, and harvesting of industrial hemp. Small Business Development: Industrial Hemp : Presented by Stacy McCaskill, Director, Illinois Small Businesses Development Center. Industrial Hemp Production.

Education 45

Education Hemp Programs Agriculture 45

Cannabis Law Report

JUNE 4, 2021

Most recently, Finkle led Arcview Ventures as CEO and co-founded The Arcview Collective Fund in 2018. Widely respected by the Arcview team and among members of the investment community, Finkle brings extensive experience in business operations, investment management, and fundraising from seed to growth capital. ”

Media 104

Media Research and Development Collective Advocacy 104

Cannabis Law Report

AUGUST 17, 2022

According to its sponsors and supporters, the Safe and Fair Enforcement (‘SAFE’) Banking Act would help address the challenges faced by small cannabis businesses that cannot currently access banking services or loans. Promote compliance with state and local regulatory requirements regarding business ownership.

Banking 98

Banking Access Research and Development Compliance 98

SpeedWeed

MAY 24, 2021

On Raw Garden’s website, as of May 2021, the Santa Barbara-based cannabis cultivation business lists “839 strains and counting,” each one an example of the breeding program at the heart of the garden. The post CULTA Launches Maryland’s First Cannabis Tissue Culture Program appeared first on SpeedWeed.

Programs 52

Programs Seed-To-Sale Strains Wellness and Beauty 52

NORML

AUGUST 19, 2019

Additionally, the MORE Act is the first piece of federal legislation that would establish social equity programs for cannabis entrepreneurs, and it would enact wholesale expungements of prior low-level weed offenses for federal convicts. On the business end, the MORE Act also sets a 5 percent federal tax on all cannabis sales.

Policy 275

Policy Marijuana Legislation Programs 275

Illinois News Joint

JUNE 16, 2023

Instead of refunding the excess money back to registered medical-cannabis patients in Illinois, the sum of $40,000,000 from the Compassionate Use of Medical Cannabis Fund was transferred to the Cannabis Business Development Fund.

Research and Development 80

Research and Development Business Patients Cannabis 80

Canna Law Blog

FEBRUARY 6, 2023

As we wrote about here , having lived in a DIA for at least five years between 1980 and 2010 is one of three possible eligibility criteria for the forthcoming Social Equity in Cannabis (“SEIC”) program, which opens for applications March 1. Starting and operating cannabis businesses is not a cheap proposition. We wrote about that here.

Programs 72

Programs Banking Collective Business 72

Cannabis Law Report

JULY 19, 2021

SAN FRANCISCO–(BUSINESS WIRE)–Cousins Eric Grayson, Keena Middelton, and Charles Toney II have launched Flight , Park Merced’s only state licensed dispensary, in partnership with Shryne Group. All three men meet the SF Social Equity Program criteria and all have backgrounds in cannabis, including medical business and cultivation.

Dispensary 105

Dispensary Programs Collective Business 105

Cannabis Law Report

JULY 11, 2022

Any cultivation tax collected on cannabis that enters the commercial market on or after July 1, 2022, must be returned to the cultivator that initially paid the cultivation tax or, if unable to be returned to the cultivator, must be paid to CDTFA as excess tax. Benefits for Social Equity Cannabis Businesses. Economic Impact Study.

Cultivation 52

Cultivation Law Collective Retail 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

Cannabis Law Report

APRIL 15, 2019

According to the Tax Policy Center, a partnership between the Urban Institute and the Brookings Institution, states with marijuana taxes put a portion of the funds toward the following: Alaska steers 50% of its cannabis revenues to its general fund, and 50% to crime reduction programs.

Business 45

Business Education Retail Programs 45

Cannabis Law Report

SEPTEMBER 22, 2022

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 52

Business Legalization Law Supply Chain 52

The NM Political Report | Medical Cannabis Program

MAY 5, 2022

New Mexico cannabis businesses are expected to pay cannabis excise and gross receipts taxes by the end of this month. million the state is expected to collect from non-medical cannabis sales. Continue reading NM expected to pay an estimated $15 million in tax refunds to medical cannabis companies at The NM Political Report.

Collective 113

Collective Recreational Cannabis Legalization 113

SpeedWeed

SEPTEMBER 8, 2021

million in total program tax revenue, according to the California Department of Tax and Fee Administration (CDTFA). Since the state launched its first adult-use sales in January 2018, the cannabis industry has provided a total program revenue of $2.8 The largest legal cannabis market in the world just had the best quarter on record.

Collective 88

Collective Programs Supply Chain Cultivation 88

The Blunt Truth

MAY 12, 2023

Possibly, but we’ve packed these bags before… OHIO Proponents of adult-use legalization in Ohio are now collecting signatures for a ballot question, after the Legislature failed to act on their citizens’ initiative. The state’s medical program is popular, and polling shows support for adult-use running about 60% in favor.

Banking 52

Banking Programs Collective Food 52

Illinois News Joint

MAY 25, 2023

The three cannabis items in Illinois’ budget that should pass just after midnight include: The State Comptroller shall direct the State Treasurer to transfer the sum of $40,000,000 from the Compassionate Use of Medical Cannabis Fund to the Cannabis Business Development Fund.

Research and Development 91

Research and Development Conditions Cannabis Business 91

NORML

MARCH 7, 2019

Today, we stood with Representatives Tulsi Gabbard and Don Young as they introduced the Ending Federal Prohibition Act and Marijuana Data Collection Act. Currently, ten states and the District of Columbia have legalized the adult use of marijuana and thirty-three states and DC have medical marijuana programs.

Marijuana 203

Marijuana Legislation Policy Collective 203

Cannabis Law Report

DECEMBER 2, 2021

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 Jeffrey Yates heads Tucson’s Business Services Department. He says, “The public safety component of our budget is our largest expenditure.

Legalization 105

Legalization Safety Collective Programs 105

NORML

AUGUST 13, 2019

Las Vegas NORML has once again found themselves busy with many types of advocacy for patient and consumer rights, both statewide and federally. Last Saturday at NuLeaf, Las Vegas NORML collected dozens of signatures from consumers who support such a comprehensively reformative bill. ” Learn more at www.lvnorml.org.

Collective 112

Collective Advocacy Legislation Policy 112

Canna Law Blog

MAY 23, 2023

In particular though, breach of contract claims have been even more rampant in the purchase and sale context because people are just not paying up – so much so that California even proposed a program to deal with how extensive the problem is becoming.

Collective 61

Collective Topical Cannabis Business 61

Cannabis Law Report

MARCH 23, 2022

Cannabis Business Times writes… The proposal would provide $5 million annually to sheriff’s offices that request grants for deputies to be present during licensed cannabis inspections. Oklahoma-2022-HB3530-Comm_Sub. The measure, sponsored by Rep.

Law 52

Law Safety Packaging Collective 52

Cannabis Law Report

MAY 13, 2022

We know that current tax policies disproportionately burden cannabis farmers and small businesses and create instability throughout the supply chain, ultimately undermining the societal benefits of a taxed and regulated market. Strengthening tax enforcement policies to increase tax compliance and collection and reduce unfair competition.

Supply Chain 52

Supply Chain Collective Retail Programs 52

SpeedWeed

APRIL 29, 2021

A spokesperson from Curaleaf said the vote at the company’s Hanover dispensary was a “secret ballot election” but recognized that the final count was in fact in favor of union representation by the Local 328 for purposes of collective bargaining. WCC (Women’s Cannabis Collective) . Going Beyond Wages and Benefits.

Programs 52

Programs Seed-To-Sale Dispensary Cultivation 52