Cannabis Law Report

JUNE 25, 2021

COOKIES Announces Grand Opening of Santa Ana Location Primed to Engage Customers and Expand Retail Footprint. The grand opening of this COOKIES location marks a milestone for the brand—creating an immersive customer experience that provides a glimpse into the future of cannabis retail. SANTA ANA, Calif.–(BUSINESS The 11,000+ sq.

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Dispensary Seed-To-Sale Retail Advocacy 80

Cannabis Law Report

FEBRUARY 3, 2022

.–(BUSINESS WIRE)–Rhett Jordan, the founder of Native Roots , one of the most successful dispensary chains in the nation, has partnered with Massachusetts local Joe Villatico to bring his latest cannabis dispensary concept, Greatest Hits Cannabis Co. , to the East Coast. For more information, visit greatesthitscc.com.

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Canna Law Blog

NOVEMBER 18, 2022

Here are the big takeaways from the preview, broken down by license type : Cultivation License. The regulations create 5 tiers of cultivation licenses that are differentiated by light source. The regulations incentivize sustainable cultivation practices and limited energy utilization including outdoor cultivation.

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Cultivation Dispensary Retail Packaging 73

SpeedWeed

MARCH 12, 2021

Salpy Boyajian joined Flower One in October of 2018 following the acquisition of NLV Organics (NLVO), a renowned consumer brand and luxury cultivator she co-founded in 2014. Debby Goldsberry Executive Director, Magnolia Wellness, FLOR Co-Founder, Berkeley Patients Group collective . Neiden Tomaselli. Cassie Neiden Tomaselli.

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MedicalJane

MAY 21, 2020

Although medical cannabis has technically been legal in Missouri for over a year and cards have been issued, patients are still waiting desperately for dispensaries to open across the state. That, coupled with various limitations imposed by the coronavirus, means dispensaries may have a limited selection of products when they first open.

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Dispensary Seed-To-Sale Marijuana Programs 99

Illinois News Joint

FEBRUARY 1, 2023

The tuition-fee, five-week, in-person program is designed for young women living in Chicago communities that have been disproportionately impacted by violence, criminal activity, economic disruption, and educational disinvestment, and will prepare them for career pathways with local cannabis retail dispensary employers.

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Cannabis Law Report

JULY 14, 2022

Verano and AYR, which acquired Garden State Dispensary last year, are already union. Verano, under the Zen Leaf banner, signed a collective bargaining agreement earlier this year for its dispensaries in Lawrence and Elizabeth and all of its cultivation sites statewide.

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Cannabis Law Report

FEBRUARY 16, 2022

FGW”), a company that has the conditional use approval necessary to operate a cannabis dispensary and related businesses located in San Francisco’s Haight-Ashbury district. This dispensary will be neighborhood-oriented, including the hiring of local staff, the selection of local products and the promotion of community safety.”.

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Cannabis Law Report

JULY 12, 2021

Meanwhile, a separate campaign to legalize medical cannabis in the state is also underway, with advocates actively collecting signatures to qualify that measure for the 2022 ballot. Home cultivation would be prohibited, however, and there would be no legal and licensed system of cannabis retailers.

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The Blunt Truth

JANUARY 5, 2024

Happy 2024 – let’s start the year off with a shout-out to Colorado, where the retail market is celebrating an anniversary. COLORADO January 1, 2014 marked the opening of Colorado’s retail market for adult-use cannabis. COLORADO January 1, 2014 marked the opening of Colorado’s retail market for adult-use cannabis.

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WeedAdvisor

AUGUST 2, 2019

According to Cannabis Business Times , Aphria – one of Canada’s biggest licensed producers of medical and recreational marijuana – recently opened a dispensary in Kingston, Jamaica. “An states, providing medical marijuana through dispensaries. But establishing facilities and retail shops requires compliance, organization and security.

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SpeedWeed

MARCH 22, 2021

Chicago-based cannabis multistate operator Cresco Labs is spending $90 million to acquire all the outstanding equity interests of vertically integrated Massachusetts operator Cultivate. The company also has two operational dispensaries, in Framingham and Leicester, and a third is expected to open in the second quarter of this year.

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Cannabis Law Report

FEBRUARY 19, 2022

The law provides for up to 12 cultivator licenses, up to four processor licenses, up to four dispensary licenses, and up to five integrated facility licenses. The law provides for at least 20 to 40 dispensary licenses (there are currently 33) and four to eight cultivation facility licenses.

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Cannabis Law Report

MARCH 30, 2022

VISTA — To alleviate pressures on cannabis businesses, the City of Vista cleaned up its rules to return hundreds of dollars in overpayments back to local dispensaries, and to collect some missing fees. Flora Verde, one of the first dispensaries to receive businesses permits in Vista, applauds the council for taking action.

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Cannabis Law Report

JULY 1, 2021

C annabis cultivation workers at Cresco Labs in Massachusetts have successfully negotiated their first union contract. We are so excited to have secured the better future and collective voice we were looking for when we formed our union with UFCW.”. With this new agreement, Cresco cultivation workers will see up to an 18.7%

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The Blunt Truth

AUGUST 18, 2022

We have the latest on New York dispensary licenses and on a new Massachusetts law. New Approach ND collected signatures well in excess of the number needed to put the initiative on the ballot, and the Secretary of State certified the measure. That’s when the state starts accepting applications for retail licenses. north dakota.

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Cannabis Law Report

FEBRUARY 8, 2019

We have had extensive contact and discussions with a number of CDTFA attorneys and analysts in connection with Cannabis Cultivation Tax [“CCT”], Cannabis Excise Tax [“CET”], registration of Cannabis Cooperative Associations [“CCA’s], and other complex topics over the past year. [1] Cultivators are initially responsible for the payment of CCT.

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Cannabis Law Report

MARCH 7, 2019

Allocation – Costs – Gross Profit – Taxes – on February 28, 2019, we published [ Dispensaries Need Accurate Receipts ] to describe the financial records a dispensary must prepare and maintain and the receipts it must issue receipts to its customers in order to establish it complied with its tax responsibilities.

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Cannabis Law Report

NOVEMBER 10, 2021

Verano consummated the acquisition of Willow Brook Wellness, LLC, which holds an active dispensary in Meriden, Connecticut. Additionally, Verano has entered into definitive agreements to acquire both Caring Nature, LLC, which holds an active dispensary in Waterbury, Connecticut, and Connecticut Pharmaceutical Solutions, Inc.,

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Cannabis Law Report

DECEMBER 16, 2021

(“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the nation, today announced it will carry Jungle Boys – the iconic LA-based growers collective known for growing premium cultivars selected through a rigorous pheno-hunting process – to MedMen dispensaries across California.

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Cannabis Law Report

AUGUST 5, 2019

A turnkey retail and educational in-store platform for emerging CBD sector. Provides major benefits to both small and mass market retailers and their customers. The Hemp Engine solution includes a complete “store-within-a-store” package, pre-stocked with a range of CBD products centered on a retailer’s particular criteria.

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SpeedWeed

AUGUST 4, 2021

The proposed law would legalize and regulate adult-use cannabis cultivation, manufacturing, testing and sales to adults 21 and older, as well as allow adults to grow six plants at home for personal use, with a maximum of 12 plants per household. 3% for a Division of Cannabis Control, which would oversee the adult-use cannabis industry.

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Cannabis Law Report

SEPTEMBER 7, 2019

On August 6 th we published an article that described the financial benefits of the use of a properly organized Cannabis Cooperative Association (“CCA”) to move cannabis as adult-use flower from cultivator to consumer. The $40 sale price includes the taxes collected from consumers. We have assumed a Local Cannabis Tax rate of 10.0%

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Cannabis Law Report

MARCH 4, 2019

CDTFA Cannabis Tax Audits – on February 28, 2019, we published [ Dispensaries Need Accurate Receipts ] to describe the financial records a dispensary must prepare and maintain as well as the receipts a dispensary must issue to. Dispensaries collect 90+% of the taxes imposed on California’s cannabis businesses.

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Cannabis Law Report

MAY 30, 2019

CDTFA bears both primary responsibility and substantial responsibility for the projected shortfall in the projected tax collections from cannabis! To the extent cannabis taxes have become due and owing but were not collected, CDTFA bears primary responsibility for the failure to collect. How can such a statement be correct?

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Canna Law Blog

DECEMBER 21, 2022

GRG Collective ), the allegations between the parties centered around Phase II licensing in the City of Los Angeles. LLC (the “landlord”): saw an opportunity to nearly double the monthly rent [it was] collecting from [its] long-time tenant, CJWorld-LA (“CJ World”), a cannabis cultivation business.

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Canna Law Blog

JUNE 23, 2023

The legislation also establishes a new tax fraud crime for businesses that willfully fail to collect or remit required cannabis taxes, or knowingly possess for sale any cannabis on which tax was required to be paid but was not. Presumably, the illicit shops are not paying the requisite cannabis taxes the State has issued.

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SpeedWeed

FEBRUARY 25, 2021

Depending on state and local regulations, licensees frequently choose to cultivate, process, and sell cannabis out of the same business. As Cannabiz Media’s Ed Keating wrote in a California microbusiness Cannacurio last spring, activities include limited cultivation and manufacturing, distribution, retail, and delivery.

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Cannabis Law Report

MARCH 7, 2020

And this isn’t for lack of want — in fact in 2017 some forward thinking dispensaries had collection boxes for these products, although without scale they wound up just hoarding them as well. The only way to achieve this scale is to use dispensaries as the collection points, much like some were already doing back in 2017.”

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Cannabis Law Report

MARCH 30, 2022

Transformative transaction will include one of only 10 vertically integrated licences in New York and four active dispensaries with plans to bolster operations in advance of adult-use market. Etain has four operating dispensaries, including its Manhattan flagship store and locations in Kingston, Syracuse and Westchester.

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Cannabis Law Report

AUGUST 19, 2021

Additionally, TerrAscend will debut “Cookies Corners” in all three Apothecarium dispensaries in New Jersey. The parties entered into a multi-year deal under which TerrAscend will be the sole cultivator and manufacturer of Cookies branded products in New Jersey, subject to certain conditions and regulatory approval. BOONTON, N.J.–(BUSINESS

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Cannabis Law Report

JUNE 10, 2021

The two-year PEIR process would cover all potential uses including retail, distribution, testing, manufacturing, indoor and outdoor cultivation, and microbusinesses. ” He said it was also important to step up enforcement on unlicensed dispensaries. .” both in San Diego.

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Cannabis Law Report

NOVEMBER 9, 2021

Total Retail Revenue including New York increased 17.6% On the top-line, we outperformed Headset industry data in the majority of our markets, and we generated positive retail adjusted EBITDA for the fifth consecutive quarter. Gross Margin Rate and Retail Gross Margin Rate 2 : Total Gross Margin Rate was 43.9% year-over-year.

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MJ Business Attorneys

JULY 24, 2019

While places like Colorado, unlike Ontario, have an abundance of legal dispensaries, illegal grow operations continue to exist. In May of this year, authorities conducted what they describe as the largest collective marijuana bust in Colorado’s history, seizing over 80,000 plants and making 42 arrests.

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Legalization Marijuana Policy Business 178

Veriheal

SEPTEMBER 9, 2021

Collectively, the four aforementioned newly legal states are projected to earn $4.5 ” This fee — which is designed to support social equity programs — is required to convert up to three medical cannabis dispensaries into dual medical-recreational facilities. billion in annual sales by the fourth year of operation. New Mexico.

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SpeedWeed

APRIL 3, 2021

Cuomo’s administration projects that legalization could generate 30,000 to 60,000 jobs across New York and that tax collection from the program could reach $350 million annually, the release states. Local governments are permitted to opt-out of retail dispensaries or on-site consumption licensing by Dec. View original article.

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Veriheal

AUGUST 18, 2023

High Rise Dry Bar located on James Island is a collaboration between High Rise Beverage Company, known for CBD and THC seltzers, and Charleston Hemp Collective. As such, the bar will also feature a retail section where visitors can shop for hemp-infused products like lotions gummies, tinctures, teas, and more.

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