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Alert: Nevada Cannabis Compliance Board – CCB/DoT Release Annual Cannabis Taxable Sales Data Now Published

Cannabis Law Report

CCB/DoT Release Annual Cannabis Taxable Sales Data. Together with the Nevada Cannabis Compliance Board (CCB), the Nevada Department of Taxation (DoT) released figures showing more than $1 billion in taxable sales reported by Nevada’s legal cannabis industry over a 12-month period. TAXABLE SALES. FISCAL YEAR 21. 1,003,467,665.

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Canada: British Columbia’s information and privacy commissioner not impressed with privacy provisions at province’s cannabis retail outlets

Cannabis Law Report

The Coast Reporter writes… Cannabis sellers have considerable work to do in order to ensure the privacy and security of the personal information collected from people purchasing their products, B.C.’s He asked how retailers can ensure they’re protecting personal information when they don’t recognize the fact they are collecting it.

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Gov. Newsom’s Budget Trailer Bill Makes Significant Reforms to California Cannabis Laws, Including Elimination of the Cannabis Cultivation Tax

Cannabis Law Report

Any cultivation tax collected on cannabis that enters the commercial market on or after July 1, 2022, must be returned to the cultivator that initially paid the cultivation tax or, if unable to be returned to the cultivator, must be paid to CDTFA as excess tax. Delivery Data Required to be Reported in Metrc. View source.].

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HempFusion CBD, In exclusive partnership with Verdant Nature LLC Achieves Major Regulatory Milestone, Ready to Drive Significant Revenue Growth at Retail

Cannabis Law Report

The Company expects this to drive significant incremental revenue growth at retail. Today, HempFusion and its family of brands are one of the select few CBD companies that stand fully prepared to meet or exceed US & global compliance standards. HempFusion’s co-founder and Chief Executive Officer.

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Update: Massachusetts Marijuana Establishments Surpass $2 Billion in Gross Sales

Cannabis Law Report

On eve of Commission’s fourth birthday, Marijuana Establishments surpass $2 billion in gross sales since retail stores opened in Massachusetts; progress continues to achieve industry goals. Over the first year of adult-use sales , from November 2018 to November 2019, 33 Marijuana Retailers generated $393.7

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Following the Passage of California’s Assembly Bill 45, HempFusion Plans Retail Expansion

Cannabis Law Report

(TSX:CBD.U) (OTCQX:CBDHF) (FWB:8OO) (“HempFusion” or the “Company”), a leading health and wellness Company offering premium probiotic supplements and products containing CBD, applauds California’s Assembly Bill 45 permitting the retail sale of products containing hemp-derived extracts and CBD. FORWARD-LOOKING STATEMENTS.

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ScottsMiracle-Gro Announces Creation of New Investment Entity to Enable Investments in the Cannabis Industry

Cannabis Law Report

The Hawthorne Collective to Invest $150 million in Canadian-based RIV Capital. To that end, The Hawthorne Collective will provide a $150 million convertible loan to Toronto-based RIV Capital (TSX: RIV) (OTC: CNPOF), a cannabis investment and acquisition firm currently listed on the Toronto Stock Exchange. MARYSVILLE, Ohio, Aug.