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Senate Coalition Urges SBA to Support Small Cannabis Businesses

NORML

Some states, including Alaska, California, Colorado, Illinois, Maine, Massachusetts, Michigan, Nevada, Oregon, Vermont, and Washington, have legalized both the recreational and medicinal use of cannabis. States collected an estimated $1.3 billion in tax revenue from legal cannabis sales in 2018.

Business 319
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NJ: New Brunswick sets tax rates for recreational cannabis businesses

Cannabis Law Report

Revenues collected from a transfer or user tax will be remitted to the city’s chief financial officer. Last year New Brunswick council members approved an ordinance allowing licensed recreational cannabis establishments of all six classes approved by the state to operate in the city. Source: [link].

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Michigan distributes $10 million in tax revenue to communities with recreational marijuana businesses – Cannabis Business Executive

SpeedWeed

This week, 38 cities, seven villages, 21 townships and 38 counties began receiving payments from the state Marihuana Regulation Fund for every licensed recreational marijuana retail store and microbusiness within its jurisdiction, according to a news release from the Michigan Marijuana Regulatory Agency. The remaining $12.5

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ChiWeed Directory of Marijuana Recreational Businesses

Otherside Farms

Good news to cannabis enthusiasts as Illinois becomes a legal market for marijuana come 2020 with the passing of House Bill 1438, the state of Illinois has moved to having legal recreational, adult-use cannabis. On May 31, Illinois approved a plan that will allow the sale of legal recreational marijuana (21-and-older) on Jan.

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NJ: Mayor Andre Sayegh vetoes Paterson ban on marijuana businesses

Cannabis Law Report

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 North Jersey.com reports. He put the city in jeopardy,” said Councilman Luis Velez. Read more at [link].

Business 103
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New Jersey Cannabis Regulatory Commission Launches Application Process for Recreational-Use Businesses

Cannabis Law Report

New Jersey’s Cannabis Regulatory Commission (CRC) held a public meeting on November 9, 2021 and released the 2021 Personal Use (Recreational) Notice of Application. Diversely Owned Businesses Applicants. Impact Zone Businesses Applicants. All other applicants.

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Colorado may see its biggest overhaul of marijuana laws since recreational legalization – Cannabis Business Executive

SpeedWeed

As recently as 2014, the vast majority of medical and recreational cannabis sold in Colorado was flower and only 11% was the high-potency concentrates consumed through dab rigs or vape pens. They don’t make cannabis products like they used to, and there’s an increasing number of Colorado lawmakers who think that’s problematic.