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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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The Week in Weed: March 1, 2024

The Blunt Truth

This week, we check on the retail market legislation in Virginia. New Hampshire’s House of Representatives passed an adult-use cannabis bill. Arkansas’ Attorney General gives the go-ahead for advocates to start collecting signatures for a ballot initiative. Nevada opens its first cannabis consumption lounges.

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High Tide Closes Acquisition of Regina Retail Portfolio Bolstering Presence in Saskatchewan

Cannabis Law Report

With the closing of the Acquisition, High Tide now operates 90 retail cannabis locations across Canada. High Tide is a retail-focused cannabis company enhanced by the manufacturing and distribution of consumption accessories. High Tide’s retail segment features the Canna Cabana, Meta Cannabis Co.,

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Wyoming Secretary of State Conditionally Approves Two Cannabis-Related Ballot Initiatives

SpeedWeed

A group of cannabis advocates in Ohio has launched efforts to “regulate marijuana like alcohol” in the Buckeye State after the COVID-19 pandemic stalled the campaign’s push to place adult-use legalization on the state’s 2020 ballot. The proposal would levy a 10% tax on adult-use cannabis sales, on top of regular state and local sales taxes.

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Cannara Biotech Inc. Reports Strong First Quarterly Profit Driven by Retail Debut

Cannabis Law Report

MONTREAL , July 28, 2021 /CNW Telbec/ – Cannara Biotech Inc. ( “Cannara” or the “Company” ) (TSXV: LOVE ) (OTCQB: LOVFF) (FRA: 8CB), a vertically integrated producer of premium-grade cannabis and derivative products with two Quebec -based mega cultivation facilities spanning over 1.65 million sq.

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State of the States: 2020 Ballot Initiative Efforts

NORML

Activists have been working for months registering new voters, collecting signatures, and educating the public, in hopes of giving voters in their state the opportunity to make their voices heard and cast their vote for marijuana. Only adults at least 21 years of age could use cannabis. ounces of cannabis per 14-day time period.

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Oregon Marijuana: OLCC Announces Changes to Certificate of Tax Compliance Rule

Canna Law Blog

The OLCC announced several changes to the tax compliance rule this weekend at the Cannabis & Psychedelic Section of the Oregon Bar Association’s annual conference (where I was pleased to moderate a panel on the failures of legalization). In Oregon, such tax is only collected at the retail level.