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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

California Cannabis Cultivation Tax Eliminated. The budget trailer bill eliminated the cannabis cultivation tax beginning July 1, 2022. The harvested cannabis was first sold or transferred by a cultivator to a distributor on or after July 1, 2022. Delivery Data Required to be Reported in Metrc.

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The Effects of Big Data and Technology on the Marijuana Industry

SpeedWeed

Big data and technology have become critical to a wide variety of industries in recent years, and the cannabis industry is no exception. Through advanced data collection and the application of sophisticated algorithms, usable data is now available to help marijuana businesses: Predict trends. Met consumer demands.

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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

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. Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. of the population enrolled.

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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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Article: The Effects of Big Data and Technology on the Marijuana Industry

Cannabis Law Report

Let’s take a closer look at five key ways big data and technology are directly impacting the industry. Big Data Streamlines the Marijuana Regulatory Process and Helps Close the Scientific Research Gap. Therefore, the growing marijuana market lacks the clinical data needed to help marijuana businesses create new and better products.

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The Monumental Potential of New York’s New Legal Cannabis Program

SpeedWeed

Advocates are calling New York’s legal marijuana program the best in the nation. How Great is New York’s New Legal Cannabis Program? . In the same vein, data shows that 94% of all weed-related arrests in the Big Apple impacted Black people and other people of color in 2020. Let me count the ways. Medical Marijuana. A Tribute

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Metrc Announces Government Contract with the State of Minnesota

Cannabis Law Report

Metrc will implement its robust track-and-trace platform to help facilitate the Minnesota Medical Cannabis Program’s data collection and regulatory oversight. ” Metrc now holds exclusive government contracts in every region of the U.S, including Alaska , California , and Washington, D.C.

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