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The Status of Cannabis Legalization in the South

Cannabis Law Report

While cannabis legalization moves full steam ahead through much of the Northeast, the southeastern U.S. As such, we thought we’d take a moment to round up the status of cannabis legalization in the South, an area worth watching. Although medical cannabis program was signed into law last year, it has yet to be fully implemented.

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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. Years of wrangling and tense negotiations finally ended in victory when adult use marijuana was finally legalized on March 31, 2021. How Great is New York’s New Legal Cannabis Program? . Let me count the ways. Let me count the ways.

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Adult-Use Cannabis Legalization Effort Begins in Ohio

Cannabis Law Report

Columbus, OH – PRESS RELEASE – Today, the Coalition to Regulate Marijuana Like Alcohol is formally launching its effort to legalize adult-use cannabis by submitting summary language of an initiated statute to the Ohio Attorney General’s office. “We They see marijuana legalization as inevitable. Ohioans want this,” continued Haren.

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The State of Medical Marijuana in Florida: Navigating Dispensaries, Eligibility, and Legalization

MMJ Recs

As the state continues to navigate the complexities of legalization, patients, dispensaries, and the cannabis industry are witnessing significant changes. This card serves as official documentation, granting individuals legal access to medical marijuana in the state.

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Tax Practitioners’ Meeting includes Section 280E cannabis deduction

Illinois News Joint

The new law allows for the uncoupling for “state tax deductions” for any cannabis establishment operating in this State and licensed under the Cannabis Regulation and Tax Act or any cannabis cultivation center or medical cannabis dispensing organization operating in this State and licensed under the Compassionate Use of Medical Cannabis Program Act.

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

Cannabis Law Report

Legalizing cannabis for adults has been a wise investment. 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. billion in tax revenue from legal, adult-use cannabis sales. Colorado (pop.

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California Governor Proposes a Cannabis Tax Reduction in an Effort to Shore Up the Legal Market

Cannabis Law Report

Gavin Newsom introduced proposed revisions to his 2022-2023 budget proposal, which would eliminate the cannabis cultivation tax rate beginning July 1, 2022. The 15% excise tax on cannabis sales would remain, and the collection and remittance of that tax would be limited to retail sales beginning January 1, 2023.