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Australia Cannabis Q&A A. Is cannabis legal for business purposes in Australia? Growing cannabis for personal use remains illegal in most Australian states and territories. Industrial hemp (low-THC cannabis) is regulated under separate licensing frameworks in most Australian jurisdictions.
Choosing the Right Business Entity in the Cannabis Industry One of the most fundamental questions facing any entrepreneur – whether in the cannabis industry or elsewhere – is: What type of business entity should I choose? Some industries are relatively low-risk (spoiler: cannabis is not one of them).
Today, we stood with Representatives Tulsi Gabbard and Don Young as they introduced the Ending Federal Prohibition Act and Marijuana Data Collection Act. While these two bills are overtly about addressing the failures of marijuana prohibition, what they are truly about is accepting reality.
Compliance in the cannabis industry is fraught with risk across areas like licensing, equipment, testing, distribution, and retail sales – and insurance professionals are a big part of addressing all of that (or they should be). Big trends and developments in compliance. Compliance standards, and the toughest states.
PORTLAND, Oregon—March 1, 2023—Regulatory compliance firms Allay Consulting and The GMP Collective are joining forces amid the rapid national growth of the cannabis, hemp and emerging psychedelics sectors, with a focus on current Goods Manufacturing Practices (cGMP) compliance.
The Santa Barbara County Board of Supervisors will hear an update on cannabis tax collection in the last quarter of the fiscal year 2020-2021 during its regular meeting on Tuesday. During the last fiscal quarter that ended June 30, the county collected about $3.8 million in gross tax receipts paid by 58 operators.
House of Representatives’ Small Business Committee will hold a hearing on Wednesday on the challenges and opportunities small businesses face in the cannabis industry. Governor John Bel Edwards (D) of Louisiana signed legislation into law giving patients the option to inhale medical cannabis through vaporization. California.
Namaste Technologies began as an international cannabis eCommerce company operating 32 sites in 20 countries. We have years of data collected on legal cannabis users … Read More. The post Canada: Manager, Regulatory and Compliance first appeared on Cannabis Law Report.
Marijuana regulators in Oakland, California, have begun referring a handful of social equity licensees to the city’s collections department after they defaulted on loans intended to help get their companies started. According to a report shared with the Oakland Cannabis Commission on Oct. MJ Biz report.
Nevada legalizes cannabis lounges. If you’d like to open a cannabis lounge in Nevada , now’s the time to turn in your application. If you’d like to open a cannabis lounge in Nevada , now’s the time to turn in your application. California allows medical marijuana in hospitals. Could Nebraska legalize medical marijuana in 2022?
In recent years, cannabis vaporizer cartridges have increased in popularity and availability, and there are concerns regarding exposure to heavy-metal compounds from their use. Noncartridge heating methods of cannabis flower and concentrate were compared, and results indicate that the heating device itself is a source of metal contamination.
The Hawthorne Collective to Invest $150 million in Canadian-based RIV Capital. To that end, The Hawthorne Collective will provide a $150 million convertible loan to Toronto-based RIV Capital (TSX: RIV) (OTC: CNPOF), a cannabis investment and acquisition firm currently listed on the Toronto Stock Exchange. MARYSVILLE, Ohio, Aug.
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. Clarify that cannabis criminal records are not an automatic red flag. SSRN-id4188072.
CCB/DoT Release Annual Cannabis Taxable Sales Data. Nevada’s legal cannabis industry sees more than $1 billion in taxable sales for FY21 – $159 million transferred to the Distributive School Account (DSA). Additionally, over $92 million in Retail Cannabis Excise Tax Revenue was transferred to the DSA in FY 21.
Months have passed since Ive created a new original meme, and though I usually dont follow current trends, this meme matches a topic recently receiving attention: the remediation of cannabis. To go along with the meme, we thought wed ask the question, Has your Illinois dispensary cannabis been remediated?
.–(BUSINESS WIRE)–Cannabiscompliance consulting firms Allay Consulting , iComply Cannabis , GMP Collective and TraceTrust today announced the formation of the CannabisCompliance Alliance , a collaborative group created to put the cannabis industry on the same footing as mainstream business sectors.
Starting April 1st, Cannabis Operators Face CEQA Compliance Requirements for State Licenses. For many in the cannabis industry, April 1, 2022 is seen as a day of reckoning following the July 2021 passage of Assembly Bill 141 and Senate Bill 160 (collectively, the Cannabis Trailer Bill). Whitney Hodges.
Andrew Brisbo, Executive Director of Michigan’s Marijuana Regulatory Agency, welcomed as next President of the Cannabis Regulators Association which has expanded to 37 member states and territories. Vice-President Michele Nakata, Supervisor of the Medical Cannabis Dispensary Licensing Program at the Hawaii Department of Health.
1647, the Veterans Equal Access Act, which expands medical cannabis access to eligible military veterans. At the state level, activists in Idaho have begun efforts to qualify a medical cannabis and hemp ballot initiative for the 2020 ballot. Alaska became the first state to permit on-site adult use cannabis consumption, as Lt.
Why So Many Cannabis Lawsuits, and How to Avoid Becoming One of Them The cannabis industry is one of the most lawsuit-heavy sectors in the country. Cannabis litigation is exploding. If you run a cannabis business, you need to know why this is happeningand how to avoid becoming the next case on the docket.
It’s almost two years in, California city has 11 marijuana businesses in operation now, with about 50 more working their way through the planning process but there’s still no official cannabiscompliance officer. The full report. 12 meeting. 12 meeting.
In an email, Brendan White, the tribe’s director of communications, wrote, “The adoption of the Tribe’s Adult Use Cannabis Ordinance is historic, as it represents the first adult use cannabis law adopted by a tribe in New York state and is the first in the country that licenses tribal members and tribal member-owned businesses.”.
This week, DCEO announced sample guidelines for the use of the Cannabis Loan Funds. The guidance states, “Cannabis Loan Funds shall be used for ordinary and necessary expenses to start and operate a cannabis business.” If cannabis loan funds are used to fund a public works project, then the Prevailing Wage Act applies.
The first year of voter-approved cannabis tax revenues brought in $6.7 Most of the revenues have paid for enforcement, permit processing, and other costs related to the cannabis program, but they can be used for any general fund purposes. million of cannabis tax revenues in the 2018-19 year, which ended June 30.
A pioneer in cannabis research, cultivation, and distribution, Tilray’s unprecedented production platform supports over 20 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and alcoholic beverages. Perform internal departmental regulatory compliance audits to facilitate sustained conformance.
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. One commonality among all states is cost.
cannabis producer Evergreen Medical Supply recently had its licensed suspended by Health Canada. Evergreen was caught off-guard during a surprise inspection, which led to a label of non-compliance in August. Not a Good Image for Legal Cannabis. . We simply cannot give these producers the benefit of the doubt.
While we’re on the topic of dramatic legal changes, it’s probably a good idea to talk about a California privacy law that’s about to take effect and require many cannabis and hemp companies across the nation to dramatically change their business practices—the California Consumer Privacy Act (or “CCPA”).
17, 2022 – PRESS RELEASE – Raising the standard for cannabis and hemp testing, ACS Laboratory , the largest hemp and cannabis testing facility in the eastern U.S., Although ACS Laboratory foresees federal legalization for cannabis in the future, it may be years before national laboratory standards are created. BOCA RATON, Fla.,
Activists in Nebraska, along with two pro-legalization Senators, qualified a 2020 medical cannabis ballot initiative petition to begin collecting signatures from registered voters in the state. Legislation is pending, Senate Bill 440, to prohibit the availability of cannabis-infused food and drink products for qualified patients.
The Coast Reporter writes… Cannabis sellers have considerable work to do in order to ensure the privacy and security of the personal information collected from people purchasing their products, B.C.’s s information and privacy commissioner says. He said here are “serious gaps” in privacy protections.
Italian officials certified on Wednesday that activists collected enough signatures to place a marijuana legalization referendum on the country’s ballot this spring—though there’s still one more procedural step before the measure will officially be on its way to voters. Marijuana Moment reports .
Illinois is set to switch its cannabis seed-to-sale tracking system after delivering a Notice of Intent to award a contract to a new vendor. For more Illinois cannabis industry news, visit here. To find more cannabis-friendly events in Illinois, visit here. Illinois uses BioTrack as its current track-and-trace vendor.
With the implementation of SB 420 and an expedited process for expunging marijuana crimes, the Oregon Cannabis Association and the Multnomah Public Defenders Office are joining together to sponsor a free expungement day. People with prior convictions that can be expunged will be teamed with lawyers to help them navigate the process.
The rapid growth of the global legal cannabis industry is often described as a “Green Rush,” yet many experts are concerned that this industry is not ‘green’. As more countries legalize cannabis production and the number of consumers explodes, the demand for grow sustainability is mounting. What is a carbon footprint of legal cannabis?
THC, CBD, CBN…the Cannabis industry is quite familiar with acronyms. The Telephone Consumer Protection Act (TCPA), which regulates robocalls and unsolicited texts to consumers, has been the vehicle for a number of class action suits against Cannabis companies over the past year, including an uptick of such suits during Covid-19.
Maureen West, Chief Compliance Officer for Functional Remedies LLC. The post UCANN Drops Patent Lawsuit Against Pure Hemp Collective appeared first on SpeedWeed. Luke Zigovits, Owner and Farm manager for Higher Level Organics. Louis Vega, Founder and CEO of ¡WEPA! Marty Mahan, Farmer and President of the Heartland Hemp Co-Op.
Cannabis prohibition is doing more than just creating a barricade between consumers and safe products. State Cannabis Contaminant Rules Vary Widely,” consumers have little choice but to purchase contaminated cannabis products. Researchers Inspected Cannabis Products for Contaminants. Led by Dr. Maxwell C.K.
INAUGURAL LAUNCH: QUEER IN CANNABIS With CO-HOSTS TYME FERRIS AND DEVAN FINKELL. The Pantheon Collective. . THE COMPLIANCE COUCH With SHERI TARR. Tyme’s Song : Talkin’ Bout A Revolution by Tracey Chapman. INTERVIEW 1. TYME FERRIS. . DEVAN FINKELL. Supplementary Information: QueerInCannabis. INTERVIEW 2. 315:III.
” SB 5318 “Reforming the compliance and enforcement provisions for marijuana licensees.” This bill is fairly comprehensive but in a nutshell, SB 5318 forces the Washington State Liquor and Cannabis Board (“LCB”) to shift its focus from adversarial enforcement to compliance.
(LAS VEGAS, NV) – Today, the Nevada CannabisCompliance Board (CCB) released its annual demographic study of Nevada’s cannabis industry. The CCB received a 70% response rate from industry executives defined as owners, officers, and board members of cannabis licenses. FULL PRESS RELEASE.
Oregons cannabis industry faced a big question last November: should it be easier for cannabis workers to unionize? Thats what Ballot Measure 119 is all about: a law that requires cannabis businesses to allow employees the chance to unionize without interference. Background on Labor Unions in the U.S. Labor unions in the U.S.
. (“ FinCanna “) (CSE:CALI) (OTCQB:FNNZF), is pleased to announce its wholly owned portfolio company that owns the proprietary ezGreen Point of Sale (POS) software has been approved by the City of Adelanto , California as the official Point of Sale vendor for city sanctioned cannabis events. ” About ezGreen.
Following closely on the heels of both New York and New Jersey enacting recreational cannabis laws, New Mexico and Virginia have enacted their own laws allowing adults to use cannabis for recreational purposes. Virginia went further by enacting the first law providing employment protections to individuals using cannabis oil.
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