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May 2023, the Department of Financial & Professional Regulation (IDFPR) announced that Illinois was switching its cannabis seed-to-sale tracking system from BioTrack to Metrc and listed this transition as an Essential Projects in the FY2023 Annual Cannabis Report and again in the FY2024 report.
The post New Commercial Insurance Product to Cover Cannabis and Hemp Business from Seed to Sale first appeared on Cannabis Law Report. February 9, 2021 PRESS RELEASE BRENTWOOD, TN, Feb. 9, 2021 -– SafeHerb, a division of Specialty Program Group, is introducing… Read More.
IDFPR cites the explosive growth by stating that 82 new dispensaries open for business in the last year, the single-largest expansion of cannabis dispensaries since the program first started with the Compassionate Use of Medical Cannabis Program Act (CRTA) in 2014. Find detailed information about this topic here.)
MJ Biz report… A cannabis cultivation company in Nevada was fined $565,000 for allegedly failing to tag its plants for the state-mandated seed-to-sale tracking system and operating with expired licenses, among other violations. The compliance board said in the recent complaint, filed Oct. Source: [link].
As cannabis legalization is gaining momentum all around the world, the topic of seed-to-sale tracking is also getting more attention—both good and bad. The post All about seed-to-sale tracking: the good, the bad, and the ugly appeared first on Latest Cannabis News Today - Headlines, Videos & Stocks.
hemp industry has not yet developed a mature, standard operating supply chain from seed to sale. The post New Publication: Best Practices for Developing a Reliable Supply Chain for Hemp Businesses first appeared on Cannabis Law Report. From Hemp Industry Daily… he nascent U.S. Because there … Read More.
Halston launched her career in the Denver area, starting off in the beverage industry, where she began to develop her sales and networking skills with an eye for marketing and business development. million in national sales in less than two years.
Cannabis businesses in the state of Oklahoma have 90 days to become compliant with the state’s seed-to-sale (S2S) tracking system. The lawsuit alleged that the state contract with METRC violated anti-monopoly laws, and represented the foundation for unconstitutional taxing and other issues. Talk about options!
This legalization has been good for both patients and for the government, which is profiting significantly from the changes in MMJ law. It has been a few years since the wheels began turning on the legalization and sale of medical marijuana in the state of Missouri. Is medical marijuana being sold in Missouri yet?
Although grow supply stores already have been openly selling seeds and clones, especially after the passing of the Agriculture Improvement Act of 2018 (Farm Bill), by law, Illinois medical patients have to purchase seeds from Illinois dispensaries. Seeds may not be given or sold to any other person.”
The BioTrack software, commonly referred to as seed-to-sale tracking, will track cannabis from when it is first planted as a seed to the point of sale to the consumer. Connecticut has shown their desire to be at the forefront of cannabis by looking for best-in-class software solutions. About Forian. Forian Inc.
It also includes comprehensive restorative justice provisions, including grants, loans, and other funding programs for disadvantaged and minority businesses, record expungement, petitions for resentencing, and other measures intended to repair the decades of harm caused by the War on Drugs. Cannabis above 0.3%
While the board specified that hemp seed oil (with no CBD or THC) and hemp flower (with 0.3% 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. What does this mean for the Minnesota cannabis industry? According to U.S.
The Seed to Sale software is designed to amplify operations and automate compliance to promote exponential levels of success, profits, and growth. How Seed to Sale Works. The software runs on the same automation engines used by the Food and Drug Administration (FDA) and the U.S. California. ? Colorado. ? Maryland. ?
located in Pahrump, Nevada, upon which Agents found more than 100 untagged mature cannabis plants and more than 300 immature cannabis plants (clones) also not tracked in the state’s seed-to-sale tracking system, among security and other significant deficiencies. Immature cannabis plants do not need to be tagged but must be tracked.
Welcome to the latest edition of NORML’s Weekly Legislative Roundup! As the first full week of the 116th Congress comes to a close, we have another new federal bill introduced by Rep. Earl Blumenauer (D-OR). Also, the rollout of the new leadership team of the Congressional Cannabis Caucus was announced. Your Highness, Carly. Priority Alerts.
Peru has undergone significant changes in its cannabis laws in recent years, reflecting a more progressive approach compared to many other countries. In 2017, the government implemented regulations allowing the cultivation, production, and sale of cannabis for medical purposes. Is weed legal in Peru? Is it legal to grow weed in Peru?
This week, a bipartisan coalition of more than 100 co-sponsors has reintroduced legislation in Congress, The Secure and Fair Enforcement Banking Act (SAFE Banking Act), HR 1595, to allow state-licensed marijuana-related businesses to engage freely in relationships with banks and other financial institutions. Your Highness, Carly. AL resident?
Washington state is rolling out its own marijuana seed-to-sale traceability system after having relied on the private sector for years, but so far, the government-run platform’s debut this month has been less than smooth. 7 in order to move away from Akerna’s Leaf Data System.
Under existing German law, cannabis can be cultivated, sold, owned, imported, and exported. Nonetheless, in November, the first seeds to be legally sown on German soil were planted inside Berlin-based company Demecan’s grow house. Now, as the country contemplates adult-use cannabis legalization , all eyes are on Deutschland.
Medical marijuana patients and people who work in the fledgling industry rallied at the Oklahoma state Capitol on Friday to show support for the state’s marijuana laws and to call for increased transparency from the state entity that regulates cannabis. . The lawsuit was not publicly available at press time. Source: [link].
Arizona Governor Doug Ducey signed legislation into law this week permitting the production of industrial hemp in accordance with the new federal regulations. Arizona Governor Doug Ducey signed legislation into law this week permitting the production of industrial hemp in accordance with the new federal regulations. Actions to Take.
The new law will set up guidelines for inventory testing and tracking, advertising, packaging and labeling, among other things. Producers will be prohibited from using images on packaging other than their business name logos and product images. Oklahoma governor signs medical marijuana rules into law. Read more at.
By: Rachel Gillette – Partner & Chair, Cannabis Law Practice. Around tax time, I get this question a lot: “What is my cannabis business’s NAICS code or Business Activity Code?” The post Cannabis Business NAICS & Business Activity Codes appeared first on Greenspoon Marder Cannabis Law.
In FY2023, 28 new dispensaries that were not connected to existing dispensaries opened for business in Illinois. Another unreached “Essential Projects” goal from last year’s report included the implementation of “a new ‘Seed to Sale’ program that has been modernized to better serve the people of Illinois.”
The passage of the 2018 Farm Bill and the legalization of hemp and hemp-derived products has sparked strong business interest from foreign stakeholders. This blog posts briefly addresses the risks and feasibility of engaging in this business at the moment. IMPORTING HEMP. These new guidelines align with the position taken by some U.S.
Akerna (Nasdaq: KERN ), an enterprise software, leading compliance technology provider, and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform ® ), announced a new offering, Akerna Connect.
Among the many hemp farmers our law firm represents in Oregon, Washington and California, that number feels closer to 100%. Along those lines, Oregon’s biggest hemp company already is a seed company called Oregon CBD. approved pesticides), and count on clear federal parameters for their business models. agriculture generally.
Denver, Colorado’s marijuana social use law is here to stay, as the city council voted this week to remove the “sunset” provision which made it a temporary four year program. Welcome to the latest edition of NORML’s Weekly Legislative Roundup! At the state level, North Dakota state Rep. Your Highness, Carly.
There are five important “categories,” that require company leaders’ utmost focus and attention as they launch a compliant cannabis business in a newly legal state. Non-compliant businesses face the risk of being shut down and attract negative attention to the cannabis industry. Cutting across these categories is the team.
Last month, South Carolina’s Attorney General Alan Wilson’s office issued a letter to the Chief of the state’s Law Enforcement Division. No one was charged but the police report indicated that deputies were investigating the illegal sale of marijuana. It distinguishes between raw hemp and “hemp products.”
While it is enticing to start a hemp or CBD business in Nevada, there are several steps that must be followed in order to start your business legally. While there are some exceptions, the overwhelming majority of businesses will need to follow this step. Generally, most businesses will need and EIN.
About a year ago, we were the first law firm to report on the legality of manufactured cannabidiol (“CBD”)-infused alcoholic beverages. In addition, the state agency announced it would begin cracking down on the sale of CBD-infused alcoholic beverages manufactured in the state starting February 2020.
Additionally, the WSDA has stated that some parts of the hemp plant, specifically hulled hemp seeds, hemp seed protein powder and hemp seed oil are allowed for use in food. According to the WSDA, Hemp-CBD is not approved as a food ingredient. Section 4 of SB 5276 provides: “[t]he whole hemp plant may be used as food.
The nature of the position involves designing application receipt and review processes, review of detailed license and renewal applications, preparation of complaints cases for investigations, preparation of investigations cases for disposition, and oversight of vendor data systems for complex laboratory, seed-to-sale tracking, and complaints.
Named after an Australian wildflower, the medicine has a THC content of 16% and is available for sale in 15g packs through pharmacies nationwide. Dried flower medicine sales in Australia have seen an increase in demand as doctors become more comfortable with the method of administration. million acquisition. Key appointments.
” AB 2691 recently passed through the Assembly Business and Professions Committee. ” AB 2691 recently passed through the Assembly Business and Professions Committee. That’s only the first of several steps for this bill before it can become a law. Next, AB 2691 has to pass the Assembly Appropriations Committee.
On April 16, 2021, Governor Jay Inslee signed Senate Bill 5372 (SB 5372), “An Act relating to hemp processor registration and a hemp extract certification into law.” However, Washington does not allow for the sale of ingestible hemp products (other than hemp seed ingredients) and SB 5372 does not change that.
It’s no secret that California’s illicit cannabis market is alive and well; a recent audit showed that there are nearly 3,000 unlawful cannabis businesses in the Golden State. Just consider how many days it takes to get from seed to harvest, and this fine could get into the millions very quickly.
Shopify’s policy explicitly states: Shopify can’t provide advice on what and where merchants can sell, but we recommend that merchants review and monitor federal, state, and local laws, as well as monitor updates from the Food and Drug Administration (FDA).
Greenspoon Marder Expands Cannabis Law Practice In The Midwest And Names New Cannabis Group Chair. Greenspoon Marder is pleased to announce the expansion of the firm’s Cannabis Law practice group with the addition of five new attorneys in the firm’s new Chicago location. Here’s their press release.
The Cannabis Central Reporting System (CCRS) is now the sole and official reporting system for cannabis business activity in Washington State. Business has not been halted nor has the system been down since “go live.” This is what they say whilst patting themselves on the back. December 21, 2021. Re: Moving Forward with CCRS.
Savino, who helped draft New York’s medical marijuana law years ago, said Wright is an “accomplished lawyer” who has experience in advocating for “social equity” adding, “so this is not a reflection of you.”. So who is it who isn’t happy ? The NY Post gleefully reports. But then Savino put it bluntly. By DAILY NEWS EDITORIAL BOARD.
Such products will generate sales of £690 million ($856 million, 811 million euros) in 2021, according to the Association for the Cannabinoid Industry (ACI). Faced with booming sales, professor Sagnik Bhattacharyya, who researches psychotic and substance abuse disorders at King’s College London, says clinical trials are needed.
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