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Washington State Eliminates Medical Cannabis Taxation

Canna Law Blog

In November 2012, Washington voters approved the production, processing, and retail sales of recreational cannabis within Washington state under what is known as Initiative 502 (“I-502”). Cannabis sales in Washington state are currently taxed at a rate of 37%, in addition to the general state and local sales and use taxes.

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New Mexico and Virginia Legalize Cannabis for Recreational Use

The Blunt Truth

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’s Cannabis Oil Law. Virginia Recreational Cannabis Law.

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Alert: Nevada Cannabis Compliance Board – CCB/DoT Release Annual Cannabis Taxable Sales Data Now Published

Cannabis Law Report

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.

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Connecticut Legalizes Recreational Marijuana

Cannabis Law Report

Connecticut has become the 19 th state to legalize recreational marijuana use by adults. Governor Ned Lamont signed the Act Concerning Responsible and Equitable Regulation of Adult-use Cannabis on June 22, 2021. Connecticut will permit individuals 21 years of age and older to possess and use recreational cannabis.

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Connecticut Becomes the 20th Jurisdiction to Legalize Recreational Marijuana

Cannabis Law Report

Seyfarth Synopsis: In the first six months of 2021, several states legalized marijuana for recreational and medicinal purposes, including New York, New Jersey, Virginia, and New Mexico. On June 22, 2021, Connecticut Governor Ned Lamont signed a bill that legalized recreational marijuana use by adults 21 years and older.

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Cannabis laws in Uruguay

The Cannigma

Medical: legal Recreational: legal Uruguay has gained international recognition for its pioneering approach to cannabis laws. It became the first country in the world to fully legalize recreational cannabis in 2013, and has a long-standing cultural association with weed. Recreational cannabis is legal in Uruguay.

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Banking for Cannabis Growers

Canna Law Blog

If you own a cannabis business, a major consideration is where to keep your money. Though many business owners may find banking to be a headache regardless of industry, few business owners have more hurdles to deal with than cannabis growers and dispensaries. This is where a trusted cannabis lawyer at Harris Sliwoski can help.

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