Cannabis Law Report

OCTOBER 18, 2020

The Quad City Times (IL) reports Legalization of recreational marijuana is paying off for Rock Island County , which collected $39,905 in its first monthly … Read More. The post Rock Island County collects nearly ,000 in first cannabis sales tax payout first appeared on Cannabis Law Report.

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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.

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Veriheal

MARCH 9, 2022

A cannabis legalization campaign in Ohio has managed to attract enough signatures to qualify for review by the state’s legislature. 28 that Ohio’s cannabis legalization initiative had gained an adequate number of signatures to forcibly stimulate contemplation by lawmakers. On Wednesday, Feb.

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Veriheal

DECEMBER 3, 2021

A recent legislative survey indicates that Ohio Republican lawmakers are more likely to support cannabis legalization than Democrats. Released at the beginning of November, the Gongwer Werth Legislative Opinion Poll revealed that 36% of Democrats want cannabis to be legalized, whereas 43% of Republicans are keen on the idea.

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Cannabis Law Report

AUGUST 25, 2021

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 Law Report

JUNE 24, 2021

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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MassRoots

MAY 20, 2020

Ohio’s recreational cannabis initiative has been delayed due to coronavirus social distancing measures, and the petition’s language is also undergoing revisions at the request of Ohio’s Attorney General. ” Ohio’s state medical cannabis business association is currently not supporting the bill. .

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CannaMD

JANUARY 6, 2021

When it comes to marijuana legalization, one of the opposition’s main concerns is whether legal access to cannabis will increase the number of drivers who operate a vehicle in an impaired state. This is a valid concern. Their results may assuage some of these concerns. FACTORS INFLUENCING RESULTS.

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The Blunt Truth

APRIL 20, 2021

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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Veriheal

FEBRUARY 15, 2024

When underground cannabis shops are raided, what happens to the products in the store? Ten Los Angeles-based cannabis businesses were recently raided. Collectively, the ten dispensaries owe more than $14.4 Collectively, the ten dispensaries owe more than $14.4 million in unpaid taxes. million in unpaid taxes.

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Veriheal

DECEMBER 13, 2021

A new poll released by market research firm YouGov showed that 57% of Americans support full cannabis legalization , while only 27% objected to legalization and 16% were unsure. One of the main takeaways of the poll was that cannabis legalization is still, in large part, a political issue.

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SpeedWeed

MAY 1, 2021

A bipartisan group of lawmakers from both houses of Congress reintroduced on Thursday the Marijuana Data Collection Act, a bill that would require the federal government to study the effects of legal cannabis. Congress and the American people need reliable facts on the impact of states’ legal marijuana programs.

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Cannabis Law Report

SEPTEMBER 12, 2022

On May 25, 2022, Rhode Island Governor Daniel McKee signed “ The Rhode Island Cannabis Act ,” which grants adults aged 21 and older the right to possess and grow certain amounts of cannabis for recreational use. The law also does not require employers to accommodate the medical use of cannabis in any workplace.

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Canna Law Blog

MARCH 11, 2024

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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LifeCannMD

DECEMBER 3, 2020

that have legalized recreational marijuana. Recreational Cannabis sales are big business in the U.S. Groups such as Make It Legal Florida have been working to collect enough signatures that would result in putting the legalization of recreational use on the 2022 ballot.

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SpeedWeed

MARCH 12, 2021

They don’t make cannabis products like they used to, and there’s an increasing number of Colorado lawmakers who think that’s problematic. As recently as 2014, the vast majority of medical and recreational cannabis sold in Colorado was flower and only 11% was the high-potency concentrates consumed through dab rigs or vape pens.

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Cannabis Law Report

JULY 7, 2022

Budding Antitrust Activity in the Cannabis Industry: Lessons from Richmond Compassionate Care Collective v. As the cannabis industry continues to blossom from the backwoods into a multi-billion dollar bonanza, the antitrust spotlight is poised to increasingly shine on the industry’s many players. Posted November 2, 2021.

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Cannabis Law Report

JULY 29, 2021

When it comes to buying a cannabis enthusiast’s home, the resale value research is less clear, though 30% of realtors say they have struggled to sell a house where cannabis was grown. Legal cannabis raises home value. There’s been a lot of chatter surrounding cannabis and the real estate market. Key Findings.

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Cannabis Law Report

JULY 9, 2021

In a large-scale study led by the Marijuana Policy Project, the organization compiled information from all 19 states that legalized recreational marijuana, as well as Washington D.C. Cannabis Revenue Outpaces Alcohol. it is less profitable than legal cannabis, the study reveals. of the general revenue of $3.3

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The Cannigma

JUNE 23, 2021

The number of employees testing positive for cannabis has soared over the past decade, especially in states with legal recreational marijuana, a recent report found. In states with only medical programs or where marijuana is not legal at all, positive test rates also rose, but by roughly half that amount. . to 4.8%).

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Illinois News Joint

JANUARY 10, 2024

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for December. topped every monthly total since legalization. These figures do not include taxes collected. For more Illinois cannabis industry news, visit here. The December totals of $153,936,703.20

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Cannabis Law Report

DECEMBER 2, 2021

Legal marijuana sales are pushing local government budgets to new highs. Taxes from legal sales are a welcome boost to government bottom lines. The Arizona Department of Revenue says the first year of recreational marijuana sales has raised more than $106 million. Now we have a better idea of how much money. million.

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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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Illinois News Joint

FEBRUARY 8, 2024

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for January 2024. January out-of-state resident sales dropped to its lowest total since February 2020, the second month of legalization. Dispensaries sold 3,551,727 cannabis items. February: $120,488,569.91

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CannaMD

FEBRUARY 22, 2021

2020 was yet another watershed year for cannabis legalization, with more and more states voting to legalize medical and/or recreational marijuana. Opponents of the movement, however, allege that legalization will result in increased marijuana use among teenagers. Underage Marijuana Use Statistics. California.

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Cannabis Law Report

JULY 7, 2022

In 2018 United Cannabis Corporation (“UCANN”) filed the first cannabis patent infringement lawsuit against Pure Hemp Collective, Incorporated (“Pure Hemp”) in the United States District Court of Colorado. [1] Patent 9,730,911 (‘911) entitled “Cannabis Extracts and Methods of Preparing and Using Same.” [2].

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SpeedWeed

AUGUST 9, 2021

Ohio attorney general Dave Yost has rejected an advocacy group’s proposal and signatures to legalize recreational cannabis. The legalization proposal, called “An Act to Control and Regulate Adult Use Cannabis,” seeks to add a chapter to the Ohio Revised Code in order to legalize cannabis for recreational use.

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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. While most of the state still needs to wait a year or more before sales can begin, some Native American tribes are already moving ahead with legal pot in their territories.

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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.

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NORML

APRIL 2, 2020

The Senators write: Over the last decade, there has been a clear shift in public opinion toward supporting the legalization of cannabis in the United States. States collected an estimated $1.3 billion in tax revenue from legal cannabis sales in 2018. The majority of these businesses are small-to-medium in size.

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MassRoots

AUGUST 19, 2020

Arizona voters will have a chance to cast a ballot in support of recreational marijuana this coming November. 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. If approved, Prop.

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Cannabis Law Report

DECEMBER 17, 2019

A petition has been filed in an effort to legalize recreational marijuana in Oklahoma. 12, would add an amendment to the Constitution, which would generally legalize, regulate and tax marijuana for people aged 21 and older under state law. Oklahoma voters in 2018 legalized medical marijuana. OKLAHOMA CITY —.

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Cannabis Law Report

DECEMBER 29, 2021

And cannabis tax dollars have exceeded those for liquor every month since February. The trend is yet another example of the strength of Illinois’s recreational cannabis market , which launched in January 2020 and has consistently seen record-breaking sales in the months since. The figures.

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Canna Law Blog

OCTOBER 17, 2022

On September 29, I spoke on an opening panel at the 7th annual Cannabis Law Conference for the Cannabis Law Section of the State Bar of Michigan. ” During the presentation, both John and I talked about how skeptical we are that the Biden Administration will do anything around marijuana legalization. What does that mean?

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MassRoots

JANUARY 4, 2019

Just fewer than two years since insisting it was a “gateway drug,” New York Governor Andrew Cuomo is singing a different tune regarding the legalization of cannabis for recreational use in The Empire State. But I, as of this date, I am unconvinced on recreational marijuana.”. There’s two sides to the argument.

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The NM Political Report | Medical Cannabis Program

MAY 5, 2022

New Mexico cannabis businesses are expected to pay cannabis excise and gross receipts taxes by the end of this month. million the state is expected to collect from non-medical cannabis sales.

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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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