Illinois News Joint

MAY 25, 2023

After weeks of wrangling on which items to include and exclude, the cannabis omnibus could not be agreed upon and was not brought up for a vote today, essentially killing all included items. The $40,000,000 transferred from the Compassionate Use of Medical Cannabis Fund into Cannabis Business Development Fund was increased from $12,000,000.

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Canna Law Blog

FEBRUARY 28, 2022

I’ve written that in cannabis years, the FinCen Memo is as old as dirt and reads like a relic of a bygone era. Instead, early industry adopters — like our pioneering credit union clients — began using a three-tiered system to analyze potential cannabis industry clients within the FinCen framework. Department of Treasury.

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Cannabis Law Report

MARCH 19, 2022

Previously, a three-judge panel for the court affirmed that an insurance company fit the definition of “victim” in a case where the defendant caused damage to a vehicle while committing a theft. Rather, the department collects them to fund and administer government programs. The defendants disagreed.

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The Cannigma

DECEMBER 2, 2021

If you’ve ever consumed cannabis, you probably already know that the plant has many different varieties, commonly referred to as strains. Still, while there are lots of options, few strains are as prized as “landrace strains” – those rare varieties of cannabis plucked from a specific habitat. The story of landrace cannabis.

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Cannabis Law Report

SEPTEMBER 3, 2019

Both recreational and medical cannabis growers in Illinois will have to meet high standards for their energy and water use. . It definitely puts Illinois at or near the top in terms of state policies for energy and environmental performance for cultivation facilities,” he said. NPR ( St Louis Public Radio) report.

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Cannabis Law Report

NOVEMBER 10, 2021

Additionally, Verano has entered into definitive agreements to acquire both Caring Nature, LLC, which holds an active dispensary in Waterbury, Connecticut, and Connecticut Pharmaceutical Solutions, Inc., which holds an operating cultivation and production facility. mark of total cultivation capacity. CHICAGO, Nov.

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Cannabis Law Report

MARCH 30, 2022

The Hawthorne Collective to advance an additional US$25 million to RIV Capital concurrently with transaction, deepening relationship and adding to RIV Capital’s balance sheet. Etain COO, Hillary Peckham said, “This agreement marks the most significant transaction for a women-owned business in cannabis history. Mr. Sims said. “By

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Veriheal

MAY 1, 2022

Will the call for cannabis legalization in Tennessee fall upon deaf ears and closed minds again like it has so many times in the past? SB2598/HB1968 is a bill in the Volunteer State of Tennessee that is being called the “Free All Cannabis for Tennesseans Act.” The state of Tennessee isn’t exactly friendly to cannabis.

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Cannabis Law Report

AUGUST 10, 2021

MTL Cannabis to Acquire Control of Canada House. The privately held company enters into definitive share exchange agreement to facilitateRTO of Canada House Wellness Group. 9, 2021 /CNW/ – Montréal Cannabis Médical Inc. (“MTL MONTRÉAL, Aug. and 30,000 kilograms of annual production.

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Cannabis Law Report

FEBRUARY 18, 2020

PUBLISHER: CANNABIS LAW REPORT. Cannabis Sustainability: Minimizing Water Waste. Because drought is a reality in many legal cannabis states during recent years—particularly those in the west—water bills commonly reach hundreds or several thousands of dollars to keep a good cannabis grow up and running.

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Canna Law Blog

JULY 3, 2023

As the cannabis economy tanks (with the exception of states that just came online for medical and/or adult-use), cannabis litigation is picking up. All cannabis entrepreneurs and businesses should be mindful of cannabis litigation trends, especially in these lean times.

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Canna Law Blog

JULY 14, 2019

The Agriculture Improvement Act of 2018 (“ 2018 Farm Bill ”) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (“CSA”) and by providing a detailed framework for the cultivation of hemp. Hemp Cultivation. 64”) was passed.

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Cannabis Law Report

SEPTEMBER 16, 2021

Outsourcing arrangements are viewed by some in the cannabis community as a way to not be deemed a “trafficker,” and thus able to avoid the harsh prohibition on business expense deductions under tax code Section 280E. Maybe someone owns land, which is licensed and zoned for cultivation, but has no clue how to cultivate it.

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Cannabis Law Report

JUNE 14, 2021

In September, California Governor Gavin Newsom signed Senate Bill 67 into law, which set the stage for the California Department of Food and Agriculture’s (CDFA) Cannabis Appellations Program. Once the program begins to accept petitions, it will establish the world’s first cannabis appellations. . Bridging the Gap .

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Canna Law Blog

JUNE 29, 2022

Complying with cannabis business regulations presents a challenge for start-ups and smaller firms. This is especially true in the cannabis industry. Some industries, like cannabis, suffer from over-regulation, overwhelming smaller businesses with the legal costs of compliance. But collective bargaining comes with its downsides.

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SpeedWeed

FEBRUARY 25, 2021

Three years after the launch of California’s legal marijuana market, cannabis tax experts warn the industry should expect state regulators to ramp up tax enforcement, noting that several audits of MJ businesses are already underway. He predicts state auditors will find plenty of unpaid taxes in the cannabis industry.

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Cannabis Law Report

AUGUST 2, 2022

August 1, 2022 (Santee) — Santee is the latest city in San Diego County to permit cannabis businesses including sale of marijuana within its borders, following a 3-2 vote at its most recent City Council meeting July 27. It has definitely changed from 10 years ago, 15 years ago.”. It is monitored, and it is regulated….It

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Cannabis Law Report

MAY 25, 2019

CPA’s ” PUBLISHER: CANNABIS LAW REPORT. Licensing Cannabis Cooperative Associations [“CCA’s”] – we have been working on getting CCA’s recognized and licensed by the California cannabis regulators for half a year. Licensing Cannabis Cooperative.

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Cannabis Law Report

JANUARY 14, 2022

This post examines five cannabis-related bills that we are keeping an eye on. This is a non-exhaustive list, as nineteen bills relating to cannabis are being considered by the state legislature, as reported by Cannabis.Observer. Concerning ownership of cannabis-related businesses.”. HB 1667 -?

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Cannabis Law Report

DECEMBER 16, 2021

CDC Issues “Best Practices” for Businesses on Employed Drivers and Cannabis Use. Uber Canada Announces Partnership With Tokyo Smoke for Cannabis Ordering in Ontario. According to the news release, Tokyo Smoke is the first cannabis merchant to use the Uber Eats software. Newsworthy Highlights. Delta-8 Testing.

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Cannabis Law Report

NOVEMBER 29, 2021

Urbn Leaf CEO Ed Schmults to be named CEO of StateHouse – – Vertically integrated with a fully installed and operational platform to consolidate the California cannabis sector – – US$77.3 With these transactions, we are working to create a west coast cannabis powerhouse,” said Mr. Hawkins.

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Cannabis Law Report

NOVEMBER 30, 2021

Cannabis Businesses and Owners Expected to Provide Non-Dilutive Capital, Leveraging StateHouse’s Significant Real Estate Portfolio. As we continue to scale our assets under management, we’re now able to provide lending solutions to the largest cannabis companies in the country. ” Concurrent Financing: Rollup Financing.

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Veriheal

OCTOBER 20, 2021

Cannabis and magic mushrooms for the win! Instead, they are opting for cannabis and hallucinogens. Data from a nationally representative sample of participants have been collected since 1975 to understand drug use trends among American young adults, and noteworthy findings are published each fall. A Magical Future.

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SpeedWeed

JULY 11, 2021

In April, Greenleaf Portsmouth employees became the first cannabis dispensary workers in the state to unionize after a 21-1 vote to join the United Food and Commercial Workers Union (UFCW) Local 328. I was definitely shocked,” Telford said of his termination. he was shocked to learn that his employment was terminated.

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Cannabis Law Report

JUNE 1, 2021

Sublime is strategically positioned for continued growth as pre-rolls are the fastest growing cannabis sub-segment within the California market since the beginning of 2020. The directors and officers and certain shareholders of Sublime, collectively holding approximately 86.5% million (the “Acquisition”). ” __.

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SpeedWeed

JULY 11, 2021

In April, Greenleaf Portsmouth employees became the first cannabis dispensary workers in the state to unionize after a 21-1 vote to join the United Food and Commercial Workers Union (UFCW) Local 328. I was definitely shocked,” Telford said of his termination. he was shocked to learn that his employment was terminated.

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Dispensary Programs Cannabis History 52

SpeedWeed

JUNE 7, 2021

Police in Great Britain reportedly discovered that a 17th century castle had been used as a massive cannabis growing operation. Illicit Cannabis Cultivation Discoveries in the UK Aren’t Limited to the Castle. Trung Nam Pham, 39, was arrested and appeared in court last week on the charges.

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Cannabis Law Report

JUNE 12, 2019

CPA’s “ PUBLISHER: CANNABIS LAW REPORT. We have become incredibly frustrated with the reticence of CalCannabis to issue a license to a CCA other than one that is fo4Redacted RParrottLetter (2) engaged in cultivation or processing. LICENSING OF COMMERCIAL CANNABIS ACTIVITY. . “ aBIZinaBOX Inc.,

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Cannabis Law Report

NOVEMBER 26, 2021

NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, is pleased to announce it has entered into a definitive agreement with Canada-based Avaria Health & Beauty Corp. MIAMI & TORONTO–(BUSINESS WIRE)–Flora Growth Corp.

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Canna Law Blog

OCTOBER 29, 2019

The 2018 Farm Bill requires states and Indian Tribes to submit hemp cultivation plans to the USDA. The interim hemp rules require that these plans include a practice to collect, maintain and report information on hemp cultivators, the land where hemp is produced, and the status and number of licenses issued. Bottom line.

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Cannabis Law Report

SEPTEMBER 8, 2021

Products will be distributed through Valens’ Australian Distribution Partner, Cannvalate PTY Ltd (“Cannvalate”), and will be the largest quantity of products provided to Cannvalate for distribution to date (collectively, the “ Transaction “). Epsilon also operates a turn-key cannabis cultivation solutions provider based in Vancouver, Canada.

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Access Research and Development Medicine THC 97

Cannabis Law Report

SEPTEMBER 10, 2021

Although cannabis is still classified as a controlled substance at the federal level, New York State recently enacted the Marijuana Revenue and Taxation Act (MRTA), a law legalizing adult-use cannabis within the state. When will all five members of the Cannabis Control Board be appointed? [co-author: Natalie S.

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Cannabis Law Report

AUGUST 15, 2022

CSE: FFNT) (OTCQX: FFNTF) (“4Front” or the “Company”), a vertically integrated, multi-state cannabis operator and retailer, today announced its financial results for the second quarter ended June 30, 2022 (“Q2 2022”). Accretive acquisition of Island Cannabis Co. dba Island Cannabis Co. PHOENIX, Ariz., year-over-year to $9.2

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Greenspoon Marder Cannabis Law Group Blog

AUGUST 21, 2019

Panels in the afternoon session included USDA and FDA representatives discussing the challenges with drafting hemp cultivation and CBD regulations, a panel focused on the current regulatory enforcement of the FDA, and a final panel aimed at discussing hemp-derived CBD supplements from the perspective of retailers.

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SpeedWeed

SEPTEMBER 18, 2021

15, 2021 – PRESS RELEASE – Glass House Brands Inc. ("Glass House" or the "Company"), one of the fastest-growing, vertically integrated cannabis and hemp companies in the U.S., I’m excited to turn over this facility to our Chief Cannabis Officer and President Graham Farrar and his team."

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Cannabis Law Report

NOVEMBER 15, 2021

Acquisition provides Flora with an immediate foothold in the North American cannabis market by acquiring a rapidly growing company with trailing 12-months revenue of $6.6M Acquisition diversifies Flora’s premium brand portfolio through Vessel’s strong position in the luxury cannabis consumer technology market. About the Transaction.

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Cannabis Law Report

NOVEMBER 22, 2019

Pre-license for cultivation of medical cannabis allows import and cultivation of cannabis genetics. 21, 2019 (GLOBE NEWSWIRE) — Clever Leaves , a leading vertically-integrated licensed producer of pharmaceutical-grade medical cannabis and hemp extracts, has received a pre-license letter from INFARMED I.P.,

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