Remove Collective Remove Compliance Remove Cultivation Remove Supply Chain
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Illinois to switch seed-to-sale tracking vendor

Illinois News Joint

Metrc stated, “Seamless data tracking in Metrc helps operators optimize inventory control, accurately report sales data, and improve cultivation management. With the new contract, Metrc is poised to take over Illinois’ seed-to-sale tracking for licensed operators. Illinois uses BioTrack as its current track-and-trace vendor.

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CCT CET: Responsible Persons, “Collection & Remittance of Cannabis Excise Tax [“CET”] & Cannabis Cultivation Tax [“CCT”]

Cannabis Law Report

The weakness relates to the collection and remittance of Cannabis Excise Tax [“CET”] and Cannabis Cultivation Tax [“CCT”]. When the Distributor role was created, the California Legislature decided to place the majority of the collection and remittance responsibility on it [1]. The California Dept.

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Interesting ! Tilray Are Looking For A Regulatory Affairs Associate In Australia

Cannabis Law Report

Tilray’s mission is to be the trusted partner for its patients and consumers by providing them with a cultivated experience and health and wellbeing through high-quality, differentiated brands and innovative products. Perform regulatory impact assessment of CMC relevant changes to ensure continuous compliance with applicable regulations.

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Press Release: HAVN Life Successfully Exports Psilocybin from its Jamaica Facility into Canada

Cannabis Law Report

Additionally, it validates the Company’s supply chain business model of providing psilocybin for clinical use and research, adding to previously announced supply partnerships this year with Mycrodose Therapeutics , Mycotopia Therapies , Cube Psytech , Allied Health , ATMA Journey Centers , Revive Therapeutics and HealthTech Connex.

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Cost of Compliance Tips to Get a Cannabis Business off the Ground – Cannabis Business Executive

SpeedWeed

Without compliance boxes checked, the operation will not be able to launch. Missouri legalized cannabis for medicinal use in 2018 and the state collected more than $13 million in application fees alone, stemming from 2,100 total applications. Compliance. Let’s look at Missouri’s medical marijuana (MMJ) program for example.

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Alert: Newsom To Present Cannabis Tax Simplification Solutions To Legislature

Cannabis Law Report

We know that current tax policies disproportionately burden cannabis farmers and small businesses and create instability throughout the supply chain, ultimately undermining the societal benefits of a taxed and regulated market. Some changes include: Setting the cultivation tax rate at zero beginning July 1, 2022.

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Back to the BRC: “The ability to tax cannabis is one of the main political reasons given to support recreational legalization. A successful tax system will need to raise money to pay for increased education, public health and enforcement costs associated with marijuana cultivation and use.”

Cannabis Law Report

A successful tax system will need to raise money to pay for increased education, public health and enforcement costs associated with marijuana cultivation and use.” Tax and regulatory compliance should be simple to execute and formulated in a way that makes compliance desirable to market participants.” [1].