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The post History made: Mississippi’s first medical marijuana dispensaries open for business appeared first on Leafly. The first of 162 state-licensed dispensaries opened on Wednesday afternoon.
Our cannabis business attorneys regularly handle transactions involving the purchase and sale of licensed cannabis businesses. Laws and compliance obligations for cannabis businesses can vary widely by state, county, and city. Failing to verify these items could leave you owning a cannabis business that cant legally operate.
Cannabis has a long and complex history, with roots stretching back thousands of years. As part of this history, cannabis has had profound impacts on the African American community. Despite this, the relationship between cannabis and black history is often overlooked and misunderstood.
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.
“Thanks to the leadership of the House Judiciary chairman, never in history have we been closer to ending the failed policy of marijuana criminalization and providing pathways to opportunity for our brothers and sisters who have suffered under its oppressive reign.”
With skyrocketing demand for cannabis, it’s your time to start your cannabis business and have a booming success. Are you interested in launching a cannabis-related business? The business is flourishing, and as this industry continues to develop rapidly, there’s a lot of money to be made. Unique Brand Value.
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.
California is looking to bolster its struggling cannabis market, Australia made psychedelic history, and Pennsylvania inched toward recreational legalization. The bill, Haney says, would allow dispensaries to diversify their businesses and draw in curious visitors who may not come otherwise. Let’s dive into this week’s cannanews.
Allows the existing state-legal marijuana industry to access financial services and enjoy the standard tax treatment available to all legal businesses. America has a moral responsibility to pass my legislation to end the prohibition of marijuana and take on the oppression at the heart of the War on Drugs.
With skyrocketing demand for cannabis, it’s your time to start your cannabis business and have a booming success. Are you interested in launching a cannabis-related business? The business is flourishing, and as this industry continues to develop rapidly, there’s a lot of money to be made. Unique Brand Value.
For many cannabis brands, licensing their trademarks can be a savvy business move (for more information on cannabis trademarks generally, check out our webinar, Trademarking Cannabis: Cutting Through the Legal Haze ). And dont forget: many cannabis businesses still operate on a largely cash basis due to banking restrictions.
Section 280E of the Internal Revenue Code prohibits taxpayers who are engaged in the business of trafficking certain controlled substances (including, most notably, marijuana) from deducting typical business expenses associated those activities. Controlled Substance.
Since the pandemic started, the business industry has gone through numerous changes. In short, it’s become a lot harder to manage a business. . However, there are certain types of businesses that, rather than losing customers, gained a considerable number instead. Mom-and-pop shops started closing one after another.
Stifling taxes in California's cannabis system threaten to push legacy growers out of business. That could erase a major part of cannabis history. The post Why does Northern California’s craft cannabis face potential ruin? appeared first on Leafly.
The Hot Box Pitch Contest is an event at the Black CannaConference that seeks to bridge the gap by making it easier for fledgling business owners to showcase their ideas to high-level financers. Making a difference one business owner at a time. The Hot Box has been growing since 2016 when Shanel Lindsay won with her business Ardent.
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.
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.
The bills would also allow for the expungement of certain prior convictions, delivery of medical marijuana to qualified patients, and restructures the medical marijuana licensure process to eliminate the requirement that business be vertically integrated. FL resident? Send a message to your lawmakers in support of legalization. NJ resident?
Cannabis has a long and complex history, with roots stretching back thousands of years. As part of this history, cannabis has had profound impacts on the African American community. Despite this, the relationship between cannabis and black history is often overlooked and misunderstood.
The German market’s success has resulted in numerous start-ups getting involved, including Cannovum AG, which went down in history as the first publicly traded medical cannabis company in Germany. Medical Cannabis Businesses and Investors Hope So appeared first on Cannabis Central. German Cannabis Startups Generate Funding .
From business and health to recreational and comedy, these podcasts are sure to elevate your listening experience. 5 prominent women in cannabis history 2. The post The best cannabis podcasts 2023: health, business and culture appeared first on The Cannigma. So, sit back, relax, and tune in.
” Technical Assistance Programs are designed to allow state agencies to collaborate with individuals and businesses subject to that agency’s regulations without issuing civil penalties. ” In addition, the LCB must “expand existing programs for compliance education for licensed marijuana businesses and their employees.”
Earl Blumenauer, an Oregon Democrat carrying the current bill in the House, said voters have “elected the most pro-cannabis Congress in American history.”. It would also reduce barriers for legal marijuana businesses to get access to banking. A proposal similar to Wyden’s previously languished in the Senate and House. However, Rep.
Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider, and developer of the cannabis industry’s first… Read More.
To that end, as CEO, I am more confident than ever in our strategy, fundamentals, asset base, and current growth ramp of our business as we look ahead to 2022.”. Business Updates and Developments. ET to review its operational and financial results and provide an update on current business trends. million in Q1 2021.
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 also generating billions of dollars a year in revenue across this country.
Let’s take a closer look at the top 10 ways cannabis businesses and cannabis-related businesses can benefit from CRM. Research from Salesforce shows that businesses using CRM software see sales increase by 29% while sales productivity jumps by 34% and sales forecast accuracy climbs by 42%. Boost Employee Productivity.
Lee introduced the Marijuana Justice Act in the last Congress which received the highest number of cosponsorships of any legislation that would remove marijuana from the Controlled Substances Act in history. For far too long, communities of color and women have been left out of the conversation on cannabis.
If passed and put into practice, this bill would bring about major changes for cannabis users in Texas, as well as for businesses selling cannabis. There is a history of conservatism in Texas when it comes to drug policies, and this shift may not fly with enough Texas politicians.
This week, history was made. Also this week, the House Committee on Small Business held a hearing to discuss the economic and employment opportunities in the emerging legal cannabis industry and the challenges that federal prohibition and criminalization pose in regards to the Small Business Administration. CA resident?
On January 22nd in the state-of-the-art Cannabis Business Den in the heart of Downtown Las Vegas, Nevada NORML then hosted the first meeting of their extensive campaign for the countless elections occurring throughout all branches of government in November, lovingly called Smoke The Vote. History is being made.”
Want to learn all about the history of cannabis legislation in North America ? It’s a story of prohibition and propaganda that pulls back the curtain on the forces in modern history that have opposed and helped to stall legalization. The Union: The Business Behind Getting High. The Culture High. Where to Watch: PBS.org.
One of the world’s leading medical and recreational cannabis providers plans to base its Florida headquarters in DeLand , a project that city officials tout as one of the largest commercial-sector investments in the city’s history.
” and he will be discussing the following: A brief history of the U.S. As the emerging legal cannabis industry quickly evolves and federal risks have decreased, Mr. Feldmann’s focus has shifted to advising his marijuana business clients on achieving and maintaining strict compliance with state-by-state rules and regulations.
Manitoba, NRGene, Farmer’s Business Network and Pulse Genetics will be developing new hemp and pea varieties with increased protein content, differential starch content, and improved texture. Hemp foods company Manitoba Harvest has announced a $5.1 Source: [link].
The American people have elected the most pro-cannabis Congress in American history and significant pieces of legislation are being introduced,” said Blumenauer. The first one, Small Business Tax Equity Act , proposes that legal cannabis businesses should be allowed to claim tax deductions just like any other small business.
BM 119 required most Oregon cannabis businesses to enter into labor peace agreements with approved unions, in order to renew or obtain licensure. You can view Judge Simons Opinion and Order here , and the Judgment here.
This Black History Month we are celebrating those who have. Both ethnicities consume cannabis at about the same rate, yet a 2020 analysis by the American Civil Liberties Union states that Black people are.64 64 times more likely than white people to be arrested for it.
Guests on The Sativa Segment will come from a myriad of backgrounds and different parts of the cannabis industry to discuss business, investments, operations, history, politics and legal issues that impact the cannabis industry. Cheng, is a show about cannabis related topics. Richard says […].
Graduating from the University of Washington with a degree in art history, Abby then attended and graduated from Willamette University College of Law, where she served on Law Review and received various scholarships.
The measure permits individuals 21 and older to possess and purchase up to an ounce of cannabis and creates a system to license and regulate retail marijuana businesses. The South Dakota Secretary of State’s Office acknowledged Monday that the proposed constitutional amendment will appear on the November ballot.
Another provision amends the Cannabis Regulation and Tax Act and provides that “nothing in the Act shall be construed to prevent or otherwise inhibit an otherwise qualified individual from serving as a principal officer or agent of a cannabis business establishment on the sole basis of a nonviolent criminal conviction related to cannabis.”
AUGUSTA – Today, the Office of Marijuana Policy announced the introduction of new applications intended to assist business owners operating within the State of Maine’s Medical Use of Marijuana Program. This milestone marks the first time in the medical program’s history that applications have been available electronically.
Since New York’s Office of Cannabis Management (OCM) and Cannabis Control Board (CCB) issued and approved regulations regarding conditional retail dispensary licenses for the general public , businesses should start thinking about how they will incorporate social equity programs into their business plans.
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