NM expected to pay an estimated $15 million in tax refunds to medical cannabis companies

The NM Political Report | Medical Cannabis Program

But the state’s Taxation and Revenue Department is also expected to issue about $15 million dollars worth of gross receipts refunds to medical cannabis companies that paid those taxes prior to the enactment of the Cannabis Regulation Act, which legalized recreational-use cannabis.

Louisiana’s Medical Cannabis Program Expansion, Mississippi’s Legalization Roadblocks, & Colorado’s Industry Records

Veriheal

Louisiana’s medical cannabis expansion has gotten mixed reviews, Mississippi’s proposed legalization legislation may be too good to be true, and Colorado cemented its position as a cannabis giant. . Louisiana Patients, Law Enforcement Navigate Flower Legalization.

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Ohio Cannabis Activists Get Nod to Collect Petition Signatures |

SpeedWeed

Cannabis reform activists in Ohio can now circulate petitions for a cannabis legalization measure after receiving permission to begin collecting signatures to place the proposal before lawmakers. Regulated, commercial cannabis production and sales would be legalized as well.

Lawmakers Reintroduce Marijuana Data Collection Act To Congress

SpeedWeed

A bipartisan group of lawmakers from both houses of Congress reintroduced on Thursday the Marijuana Data Collection Act, a bill that would require the federal government to study the effects of legal cannabis. Marijuana Data Collection Act Puts Medical Marijuana Under The Microscope.

UCANN Drops Patent Lawsuit Against Pure Hemp Collective

SpeedWeed

The Hemp Grower Conference education program will be created by the editors of Hemp Grower magazine and a conference advisory board of professional hemp growers and other industry leaders. The post UCANN Drops Patent Lawsuit Against Pure Hemp Collective appeared first on SpeedWeed.

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. Here’s what they say.

Researchers To Investigate Arkansas’ Medical Cannabis Program

Veriheal

The NIDA-funded investigation will delve into the health-related repercussions of Arkansas’ medical cannabis program , which was initially approved by voters back in 2016. The study will also explore the effects of the ongoing COVID-19 pandemic on the state’s program.

Halo Collective Announces Reorganization of International Assets to Create Akanda, a Leading African Medical Cannabis Company

Cannabis Law Report

Halo Collective announces reorganization of international assets to create Akanda, a leading African medical cannabis company (CNW Group/Halo Collective Inc.). About Halo Collective Inc. SOURCE Halo Collective Inc.

Illinois Collects Nearly $100 Million More From Marijuana Tax Revenue Than Alcohol In 2021, State Data Shows

Cannabis Law Report

For example, Illinois officials announced this month that applications are opening for $45 million in new grants —funded by cannabis tax dollars—that will support programs meant to reinvest in communities most harmed by the drug war. Marijuana Moment has the story.

Chicago’s Amnesty Boxes, Beal Univ.’s New Cannabis Degree Programs, & House of Reps. Passes the MORE Act

Veriheal

Travelers are indifferent to Chicago’s amnesty boxes, Beal University introduces cannabis-focused degree programs, and the U.S. After two years in operation the boxes have collected more internet jokes than actual cannabis from travelers.

OHA Survey Results Show Significant Interest in Coming Psilocybin Program

Cannabis Law Report

On February 28, 2022, the Oregon Psilocybin Services (OPS), a new section within the Oregon Health Authority (OHA), released results from a community interest survey concerning Oregon’s still-developing psilocybin program.

LA City Council Seeks to Implement Emblem Program for Cannabis Stores

Cannabis Law Report

As a measure to protect cannabis consumers from untested and unregulated product at unlicensed businesses, two Los Angeles City Council members introduced a motion today aimed at implementing a county program that issues emblem placards to licensed cannabis businesses.

Eaze Establishes Program To Provide Low-Income Patients With Medical Cannabis

Veriheal

Before Proposition 64 was officially enacted into state law, California’s medical cannabis consumers were generously served by a range of successful and well-executed compassionate care programs.

Celebrating Missouri’s First Black-Owned Cannabis Dispensary

Veriheal

Missourians voted for the legalization of medical cannabis in 2018, which Scales-Williams saw as an opportunity to represent Black people in the cannabis industry and community.

Marijuana Legalization on the Ballot in Arizona

MassRoots

However, a recent survey showed that over 62 percent of likely voters now support legalizing cannabis, suggesting a recent change of heart in the Grand Canyon State. 207 will do more than simply legalize cannabis in Arizona.

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? .

Oklahoma’s New Seed-to-Sale Tracking System Might Save You Some Green on Your Green

Veriheal

” Oklahoma’s New Seed-to-Sale Tracking Program: Consumers Could Benefit. Back in June of 2018, voters in the state of Oklahoma voted in favor of legalizing medical cannabis. Dispensaries and Collectives News

The DEA Just Got Scolded Over Its Marijuana Eradication Program

MassRoots

The Drug Enforcement Administration (DEA) got a slap on the wrist from a federal watchdog agency over its management of a multi-million dollar marijuana eradication program. In a report released on Wednesday, the non-partisan Government Accountability Office (GAO) said the DEA had failed to adequately collect documentation from state and local law enforcement partners that received funds through the federal program.

DEA 56

A Founder Looks at 50: The Important Role of Medical Experts in Support of Legalization

NORML

For NORML’s 50th anniversary, every Friday we will be posting a blog from NORML’s Founder Keith Stroup as he reflects back on a lifetime as America’s foremost marijuana smoker and legalization advocate. NORML Founder Keith Stroup.

Cannabis Global Launches Research Program for Psychedelics Infusions for Foods and Beverages

Cannabis Law Report

A major component of the program will be the development of new ways to infuse both the psychedelic compounds and fungi components into products to both improve bioavailability and to mask the bitter tastes of the fungus and its components. Press Release.

Airgraft Debuts Its World-First Membership Program and Airgraft 2 Vaporizer: Interview With Mladen Barbaric, Founder and CEO

Cannabis Law Report

Airgraft Debuts its World-First Membership Program and Airgraft 2 Vaporizer. the technology company on a mission to democratize the best possible cannabis experience, today announces the launch of its world-first membership program and breakthrough Airgraft 2 vaporizer system.

Leading Cannabis Gift Card Program Provider, Birchmount Network, Closes $2.5M in Seed Round of Funding

Cannabis Law Report

The capital will also be used to optimize marketing efforts, grow its team with operational talent and support the growth of cannabis companies by providing robust, compliant gift card programs and related marketing services. Proceeds Will Fuel Market Expansion Across the U.S.

Crypto Cannabis Club Launches Cannabis Brand and Loyalty Program for NFT Owners

Cannabis Law Report

Crypto Cannabis Club (CCC), the original NFT collection and Metaverse community for crypto and cannabis enthusiasts, today announced the launch of the first ever NFT-powered cannabis brand. CCC now becomes the first NFT collection to provide its members with a real-world cannabis product.

Missouri’s Medical Marijuana Program Sees Huge Growth in First Year |

SpeedWeed

A little less than a year after the state made its first medical marijuana sale, Missouri’s medical marijuana program has swelled to more than 140 dispensaries. In 2018, voters in Missouri approved a constitutional amendment legalizing medical cannabis with more than 65 percent support.

BRIEF Denver after-school program receives $1.5M from marijuana tax revenue

Cannabis Law Report

million a year from the city’s collected marijuana tax revenue, Chalkbeat reports , with the city last year collecting a reported $46 million in such revenues overall. The Denver Afterschool Alliance receives $1.5

A Founder Looks at 50: The Important Role of Medical Experts in Support of Legalization

NORML

For NORML’s 50th anniversary, every Friday we will be posting a blog from NORML’s Founder Keith Stroup as he reflects back on a lifetime as America’s foremost marijuana smoker and legalization advocate. NORML Founder Keith Stroup.

These 4 Newly Legal States Are Projected Earn an Annual $5 Billion

Veriheal

Rather than a ballot initiative , Connecticut, New Mexico, New York, and Virginia legalized the plant for adult-use purposes via a legislative process. They follow in the footsteps of Vermont, which became the first legislative-driven legal cannabis state back in 2018.

Legal Cannabis In Arizona Raises $US106Million Tax In Year 1

Cannabis Law Report

Legal marijuana sales are pushing local government budgets to new highs. Taxes from legal sales are a welcome boost to government bottom lines.

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.

Colorado State Senator Don Coram accused of using political influence via criminal charges for personal collection benefit

Cannabis Law Report

It’s a landmark case that the Hemp industry and legal community is closely watching. An internal complaint that was written to government regulators, along with COA reports, also shows that the executives believe Paradox sold them HOT hemp way over the legal level of.03% THC.

New Mexico Governor Says Legalizing Marijuana Would’ve Funded Programs Cut Due To Coronavirus

SMPL

The governor of New Mexico said last week that the state needs to explore every option for economic relief, and that includes passing marijuana legalization. Michelle Lujan Grisham (D) was asked whether she was in favor of the legislature passing adult-use legalization during an upcoming special session to generate tax revenue to offset financial challenges caused by the pandemic.

State of the States: 2020 Ballot Initiative Efforts

NORML

Activists have been working for months registering new voters, collecting signatures, and educating the public, in hopes of giving voters in their state the opportunity to make their voices heard and cast their vote for marijuana. Status : Minimum # of signatures collected.

Article: A Comprehensive Cannabis Program for New York State: The Second Act

Cannabis Law Report

This year’s proposed legislation also reflects that New York’s time remaining on the sidelines of adult-use cannabis was well-used to learn from the challenges and shortcomings of other adult-use programs in the country. The Program. Source: JD Supra.

Resource Innovation Institute Releases First-of-its-Kind Handbook for Utilities and Efficiency Program Implementers Serving Cannabis Cultivators

SpeedWeed

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. New York’s S.B.

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

Wisconsin Cannabis Legalization Plans Have Been Introduced

Veriheal

The governor recently introduced Wisconsin cannabis legalization plans that could mean great things for the state. Even though cannabis is not legal in Wisconsin, Wisconsin is home to the longest-running festival supporting cannabis. What is Being Proposed for Legalization in Wisconsin.

A Comprehensive Cannabis Program for New York State: The Second Act

Cannabis Law Report

This year’s proposed legislation also reflects that New York’s time remaining on the sidelines of adult-use cannabis was well-used to learn from the challenges and shortcomings of other adult-use programs in the country. The Program. Source; JD Supra: [link].