Illinois News Joint

DECEMBER 1, 2023

The presentation included one significant cannabis tax item, the business expense deduction for licensed Illinois cannabis businesses. 1, 2023, Cannabis industry businesses will be able to deduct business expenses that otherwise cannot be deducted federally pursuant to Section 280E of the Internal Revenue Code.

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Cannabis Law Report

AUGUST 3, 2021

After the state legalized recreational marijuana in March, the lawmakers and advocates who pushed for the law have been criticizing Gov. Andrew Cuomo for dragging his feet on setting up marijuana sales and cultivation regulations. On June 28, it became the first tribe in the state to legalize recreational marijuana.

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Cannabis Law Report

JANUARY 9, 2022

Legalizing cannabis for adults has been a wise investment. Since 2014 when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. billion in tax revenue from legal, adult-use cannabis sales. 46,104,922.

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MMJ Recs

FEBRUARY 27, 2024

As the state continues to navigate the complexities of legalization, patients, dispensaries, and the cannabis industry are witnessing significant changes. Marijuana Dispensaries in Florida The emergence of marijuana dispensaries in Florida marks a pivotal moment in the state’s approach to medical cannabis.

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MJ Business Attorneys

JULY 24, 2019

Areas that have approved the sale of cannabis still deal with a “gray market” where legal and illegal marijuana markets coexist. It is a scenario that frustrates legal cannabis businesses and law enforcement alike. This includes storefronts that sell cannabis despite lacking the proper licenses.

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Canna Law Blog

JULY 20, 2022

California cannabis tax relief is a big deal. As I previously blogged , California is finally on board with a modicum of cannabis tax relief for cannabis licensees (mainly for the benefit of cultivators). As of July 1, 2022, there is no more cultivation tax. And a real thing.

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Cannabis Law Report

MAY 16, 2022

Gavin Newsom introduced proposed revisions to his 2022-2023 budget proposal, which would eliminate the cannabis cultivation tax rate beginning July 1, 2022. The 15% excise tax on cannabis sales would remain, and the collection and remittance of that tax would be limited to retail sales beginning January 1, 2023.

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Canna Law Blog

SEPTEMBER 2, 2019

Cannabis cultivation and the means for regulating it have been contentious topics in Napa County for some time now. Following collection of those signatures, the County Board of Supervisors took up the issue on July 23 rd. The report drew analogies to the struggles of Santa Barbara County in regulating cannabis as well.

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Cannabis Law Report

JULY 12, 2021

Idaho marijuana activists have submitted revised text for a ballot initiative to legalize marijuana in the state following a review by the state attorney general. Home cultivation would be prohibited, however, and there would be no legal and licensed system of cannabis retailers. Read the full report.

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Cannabis Law Report

SEPTEMBER 12, 2019

PUBLISHER: CANNABIS LAW REPORT. DEAD – ALIVE – COMATOSE – Are medical cannabis collectives dead or alive? What about medical cannabis cooperatives? What about adult-use cannabis collectives and cooperatives? Does it make a difference if you ask a cannabis industry expert?

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SpeedWeed

AUGUST 30, 2021

Kind Idaho Chair Jackee Winters is laser-focused on qualifying the group’s medical cannabis legalization initiative for the state’s 2022 ballot in order to help her daughter, who suffers from a brain tumor, get legal access to cannabis. There are people here who suffer, and we’re behind the times.

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MassRoots

AUGUST 19, 2020

However, a recent survey showed that over 62 percent of likely voters now support legalizing cannabis, suggesting a recent change of heart in the Grand Canyon State. 207 would make it legal for adults in Arizona to possess up to an ounce of marijuana, so long as no more than five grams of that marijuana is in the form of concentrates.

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The Cannigma

MAY 28, 2023

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. Is weed legal in Uruguay?

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Cannabis Law Report

OCTOBER 1, 2021

A study carried out by the Public Opinion Center of the University of the Valley of Mexico (COP UVM) found that 70% of Mexicans are in favor of the legalization of marijuana. According to Industry 420 , the age group between 25 and 35 years is the one that most supports legalization.

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SpeedWeed

APRIL 5, 2021

The Hemp Grower Conference will bring together industry pioneers, successful businesses, leading researchers and regulators to help all hemp growers navigate the cultivation, business and regulatory challenges they face, as well as understand the coming market trends and opportunities that can help shape the future of their businesses.

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Veriheal

SEPTEMBER 9, 2021

The cannabis industry has been on a progressive incline for the last few years and 2021 is no exception. In fact, this year looks set to be one of the most successful years for cannabis reform in the United States so far. . Collectively, the four aforementioned newly legal states are projected to earn $4.5

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Cannabis Law Report

JANUARY 26, 2019

PUBLISHER: CANNABIS LAW REPORT. This Post suggests some specific changes relating to the reporting and collection of Cannabis Cultivation Tax (“CCT”) and Cannabis Excise Tax (“CET”). California’s shortfall in cannabis tax revenue is not because California’s underground market did not pay CCT and CET taxes.

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Cannabis Law Report

MARCH 25, 2022

Moetai Brotherson , MP for French Polynesia, tabled a bill on Tuesday March 15 to legalize cannabis in Polynesia. An ambitious deterrence and care policy focused on the challenges of problematic cannabis use, for optimal protection of young people and dignified, multifactorial care for people with addictive use.

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Veriheal

AUGUST 24, 2022

Colorado could legalize psychedelics. This campaign was backed by New Approach PAC, a nationwide political organization that is focused on supporting progressive reform surrounding cannabis and criminal justice policies. The city of Denver, Colorado, decriminalized the possession and use of psilocybin in 2019—the first U.S.

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Cannabis Law Report

AUGUST 8, 2021

5 AUG 2021 Legislative Council Legal and Social Issues Committee (Vic). This inquiry was an examination into how Victorian cannabis policy can be improved. The evidence provided by stakeholders overwhelmingly supported cannabis reform in the form of introducing regulation rather than increasing penalties or retaining the status quo.

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Veriheal

JANUARY 12, 2023

The people of French Polynesia can now legally use medicinal cannabis following the local assembly’s approval of a consumption law. The law also permits the agricultural production of cannabis and hemp for industrial purposes, with a heavy emphasis on pharmaceutical crops. .

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Veriheal

SEPTEMBER 14, 2020

Could Cannabis be Pennsylvania’s Saving Grace? Lawmakers are looking at ways to increase the state’s revenue, and to no surprise, some suggest legalizing recreational cannabis. Tom Wolf is one of those lawmakers who is pushing for the legalization of recreational cannabis. Pennsylvania Gov.

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Veriheal

AUGUST 18, 2023

The NAACP’s blueprint for a fair cannabis industry, cannabis wellness takes center stage at High Rise Dry Bar in South Carolina, and New York’s legal limbo stalls its recreational market. To start, the association called for cannabis workers to have access to union representation. Let us know in the comments!

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The Cannigma

JULY 24, 2022

Is weed legal in South Carolina? South Carolina does not have legal cannabis for adult use or medical purposes. . Cannabis in South Carolina. Like many states in America, South Carolina has a complicated relationship with cannabis. times more likely to be arrested for cannabis than white residents.

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Cannabis Law Report

SEPTEMBER 17, 2022

Although the use of cannabis has been legalized in approximately 39 states and the District of Columbia¹ , cannabis is still illegal federally and classified as a Schedule I drug under the Controlled Substances Act. The bankruptcy court ultimately dismissed the case, in part because of the debtor’s cannabis ties.

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CannaTech

AUGUST 27, 2019

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. Is legal cannabis sustainable?

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SpeedWeed

SEPTEMBER 8, 2021

The largest legal cannabis market in the world just had the best quarter on record. billion in taxable cannabis sales and $333.2 Yes, the legal market appears to be picking up steam, said Graham Farrar, the co-founder and president of Glass House Brands. billion in cannabis excise tax, $347.4 Bringing in $40.4

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Cannabis Law Report

NOVEMBER 26, 2019

Hemp cultivation, especially given the explosive demand arising from neighboring European nations, presents a unique opportunity to Zimbabwe and other African nations well positioned to meet such demand cheaper, and possibly faster, than current suppliers from Canada and Latin America.”.

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Cannabis Law Report

OCTOBER 1, 2021

Cannabis clubs may have been voted down. but this may well happen which in turn could open up the cannabis clubs conversation again. Podemos announces that in October it will present a bill to legalize recreational cannabis for adults. We can announce a bill to legalize cannabis. La Marihuana again.

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Illinois News Joint

JANUARY 10, 2023

The Aurora Cannabis Club, small collective of cannabis growers/companies and enthusiasts, started April 20, 2021. The Aurora Cannabis Club, small collective of cannabis growers/companies and enthusiasts, started April 20, 2021. For more Illinois cannabis industry news, visit here.

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Cannabis Law Report

DECEMBER 15, 2021

Texas’ leading medical cannabis provider now operates nine convenient pick-up locations throughout the state. To learn whether you or a loved one qualifies for medical cannabis, visit www.texasoriginal.com/patients. About Texas Original Compassionate Cultivation. For more information, visit www.texasoriginal.com. Emma Chase.

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SpeedWeed

FEBRUARY 24, 2021

in 2012, part of a medical cannabis market that has grown steadily ever since. . Founder and President Corey Barnette says that his extensive business background gave him a solid foundation for his entrance into the cannabis space. cannabis space as a major problem. “We What was so special about the cannabis sector?

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SpeedWeed

MARCH 21, 2021

New York State is on the cusp of legalizing cannabis for recreational use. Initially put forth in the 2019 legislative session, legalizing recreational marijuana took a backseat to more wide-ranging criminal justice reforms, as New York overhauled state bail and discovery practices. Where does this legislation fall short?

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Cannabis Law Report

AUGUST 18, 2021

As we previously reported , on February 22, 2021, New Jersey Governor Phil Murphy signed three separate cannabis reform bills into law ( NJ A21 , NJ A 1897 , and NJ A5342/NJ S3454 ), formally legalizing the use and possession of recreational marijuana in the Garden State.

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Canna Law Blog

DECEMBER 21, 2022

Cannabis litigation is growing as the industry matures. Out of that rush is now springing more landlord/tenant cannabis litigation. CJ World’s cannabis litigation. GRG Collective ), the allegations between the parties centered around Phase II licensing in the City of Los Angeles. In Los Angeles, the repeal of Prop.

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SpeedWeed

SEPTEMBER 14, 2021

Virginia cannabis law went into effect on July 1, 2021, and in a little over two months since that starting date, the county of Richmond has experienced a shocking decrease in cannabis-related arrests. . According to the Richmond Times-Dispatch , cannabis arrests have decreased by 90 percent in the state’s capitol. Shutterstock.

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Cannabis Law Report

DECEMBER 20, 2021

The parliament in Malta voted recently to make adult-use cannabis legal in the country, making the island nation the first in Europe to legalize marijuana. The law allows limited cultivation and possession of cannabis for personal use. It may also be the first in a wave of legalization in Europe.

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