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It loosens sample and seed-sharing restrictions, opens up producer-to-producer marijuana transfers, and a few other things. Now, that problematic legal standard has been revised to prohibit ads and packaging that are “likely to cause minors to unlawfully possess or consume” marijuana items. Six bills passed with respect to cannabis.
After attending the International Cannabis Business Conference (ICBC) in Berlin at the end of April, I was reminded, yet again, of how draconian U.S. Much of it was driven by Germanys newly formed government keeping its quasi-legalization policy intact, even if adult-use trials remain uncertain. Unfortunately, state-legal U.S.
The legalized cannabis industry will be in full swing at the Flower Expo Illinois at Sarabande from 12-10 p.m. Illinois News Joint Founder, Jason Brown, also will be a panelist for the From Seed to Story: Leaders in Cannabis and Illinois Media SESHES at 2 p.m. Tuesday, March 25. Stop by booth M1 and say High to Illinois News Joint.
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.
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. As we’ve come to learn, legalization isn’t just a matter of signing on the dotted line, it requires a complete overhaul of the industry.
The German federal government may only have legalized cannabis for medical purposes back in 2017, but the market has already earned enough appeal for big-name players to get involved. Now, as the country contemplates adult-use cannabis legalization , all eyes are on Deutschland. billion (USD$8.4 billion) by 2028.
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. While the board specified that hemp seed oil (with no CBD or THC) and hemp flower (with 0.3% Differing Interpretations of Hemp Legality. A Threat to a Growing Industry.
In 2018, Amendment 2 was passed, making medical marijuana in the state completely legal. Since these beginnings in 2014, many other changes surrounding the use and possession of medical marijuana have been put into place in Missouri so the state can provide legal medical marijuana to patients suffering from a variety of approved conditions.
Cannabis businesses in the state of Oklahoma have 90 days to become compliant with the state’s seed-to-sale (S2S) tracking system. Since the filing of this lawsuit last year, businesses have not been required to comply with any type of seed to sale tracking. Cannabis and Oklahoma: A Brief History.
Although cannabis has a cherished place in Indian traditional medicine, including in Ayurvedic practices, India does not have a legal, state-run medical marijuana program. In 2017, Minister for Women and Child Development Maneka Gandhi expressed support for the legalization of medical cannabis. How do Indians generally view marijuana?
One of the most significant goals of many legalization efforts is to draw people away from the illicit markets. While the illicit markets are still thriving, the Canadian province of Ontario has shown that the legal cannabis market can actually overtake the illicit. The Rise of Ontario’s Legal Cannabis Industry.
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.”
Although medical cannabis has technically been legal in Missouri for over a year and cards have been issued, patients are still waiting desperately for dispensaries to open across the state. On November 8, 2018, Missouri became the 31st state to legalize medical marijuana. million votes.
Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. The ban on cannabis sales in DC remains in effect. You can be forgiven for thinking, as we did, that with Congress in Democratic hands, DC’s ban on cannabis sales would be ended.
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?
On May 30, 2023, Governor Tim Walz signed legislation to legalize recreational use of marijuana for persons 21 years of age and older. The bill legalizes the production and sale of marijuana flower concentrates, topical and edible products, immature cannabis plants and seeds, and hemp-derived THC products.
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.
. … An association of marijuana testing labs is calling on the state to release unredacted data from Nevada’s seed-to-sale tracking system amid assertions that certain unidentified labs are inflating THC content readings and giving fewer samples a failing grade in an apparent attempt to attract more business.
On November 8th, 2022, Maryland passed a new law legalizing recreational cannabis use for adults 21 and older, opening up a whole new industry for the state. Here is a closer look at what legal cannabis may look like for patients and marijuana users in the state of Maryland. This applies to both medical and adult-use cannabis.
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.
Around tax time, I get this question a lot: “What is my cannabis business’s NAICS code or Business Activity Code?” The IRS requests your business’s “Business Activity Code” on a tax return filing, which is based on the NAICS code system.
Recreational cannabis is expected to be legalized in New York as early as this year, and the bodegas in New York City want a guarantee that they will be able to distribute the product when that happens. “All this money should not go to white-owned businesses. That may soon be a reality for the people of New York City.
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.
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.
On the same day, LegalizeND announced that they will try again with a 2020 legalization ballot initiative. New Jersey lawmakers have come to an agreement with Governor Murphy regarding retail marijuana tax rates, settling on charging sales tax by weight as opposed to a specific percentage. Your Highness, Carly. Actions to Take.
Hemp was legalized federally just over a year ago. Along those lines, Oregon’s biggest hemp company already is a seed company called Oregon CBD. If you want a certain CBD-rich strain–or a CBG strain , or a CBN strain , or any other kind of hemp strain–you would go to a seed company.
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 businesslegally. While there are some exceptions, the overwhelming majority of businesses will need to follow this step. Generally, most businesses will need and EIN.
Legal cannabis consumption and it isn’t even legal yet. Britain’s legal cannabis market has boomed during the coronavirus pandemic to become the second biggest after the United States, as consumers rushed to alleviate Covid-linked symptoms, industry experts say. Here we’re just talking about CBD.
Andrew Cuomo and the Legislature in March legalized recreational use and sale of marijuana — and now Wright is faced with the gargantuan task of setting up from scratch a legal weed industry from seed to sale, including drafting regulations. So who is it who isn’t happy ? The NY Post gleefully reports.
Overview of the Medical Marijuana Industry The medical marijuana industry has experienced significant growth and evolution in recent years, fueled by shifting attitudes, changing regulations, and expanding legalization efforts across various jurisdictions.
Governor Beshear believes that the cannabis plant is the future, and supports cannabis legalization efforts both medically and recreationally. He is energized by the prospect of legalizing interstate cannabis sales as a way to benefit farmers in his state. ” The Benefits of Legalizing Interstate Cannabis Sales.
While in some countries cannabidiol is legal, it is illegal in other countries. There is a lot of constraints attached to the legal status of cannabidiol. The sale of CBD oil-based products is illegal in some countries. The legal status of CBD oil in Spain. In fact, some laws change from one state to another.
On March 31, 2021, New York Governor Andrew Cuomo signed the Marijuana Regulation and Taxation Act (MRTA) into law, legalizing adult-use cannabis in the state and establishing a regulatory framework to govern what likely will be one of the nation’s largest cannabis markets. Overview of Adult-Use License Types, Requirements, and Restrictions.
The sponsor of AB 2691, Assemblyman Jim Wood, said, “The focus of the legislation is to help legal cannabis farmers who grow less than one acre of cannabis get consumer recognition for their unique products as the state has done for its craft beer, artisan wine, and family farm industries.” Hope for Small Farmers and Cultivators.
The North American managing general underwriter CannGen Insurance Services (CannGen) has launched a European operation amid expectations that the continent’s legal cannabis market is set for substantial growth.
As New Jersey lawmakers and Governor Phil Murphy continue to work out details of a marijuana legalization bill, two anti-legalization lawmakers in the state introduced a proposal that would let the voters decide on the issue with a 2020 ballot question. Welcome to the latest edition of NORML’s Weekly Legislative Roundup!
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.
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.
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.
In rain, sleet, or snow, on probation and/or with a suspended license, dealers were there for you when you were just starting out, when you didn’t know where to score weed, and when cannabis was far from being legalized. Legal weed in California can be ridiculously expensive,especially if you’re used to your dealer’s generous hookups.
On eve of Commission’s fourth birthday, Marijuana Establishments surpass $2 billion in gross sales since retail stores opened in Massachusetts; progress continues to achieve industry goals. Over the first year of adult-use sales , from November 2018 to November 2019, 33 Marijuana Retailers generated $393.7
With a $1B+ market in the legal cannabis industry, Illinois has been a key focus in our strategic plan of expansion in the Midwest,” says Gerry Greenspoon , co-managing director at Greenspoon Marder. Dashevsky advises clients on legal issues and legislative developments in the highly regulated cannabis industry.
A cannabis consultant is someone who plays an especially important role for those looking to open a cannabis business but lack experience in certain areas. Today a cannabis consultant does more than just help set up, operate, and/or maintain the cultivation side of a cannabis business.
The Seeds of Europe’s Adult-use Cannabis Market Are Sprouting Europe’s recreational cannabis market has overcome major regulatory hurdles in the last few years. In 2021, Luxembourg and Malta legalized home cannabis cultivation for personal use. billion for the economy. at the end of 2020. billion) by 2027.
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