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New Jersey CRC Seeks Feedback for Medical Cannabis Program

Veriheal

Murphy stated in an Executive Order , “…of New Jersey’s nine million residents, only approximately 15,000 are able to participate in the State’s medical marijuana program.” ” The CRC believes this will help the state’s miniscule medical cannabis program. An ounce runs about $455.”

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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. One called it a watershed and a new era for marijuana justice, after hard work and long odds. . Years of wrangling and tense negotiations finally ended in victory when adult use marijuana was finally legalized on March 31, 2021.

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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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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. Those two taxes, we’ve collected just under $50,000,000, 49.6

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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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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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Illinois gives guidance for Cannabis Loan Funds

Illinois News Joint

Examples for allowable uses for the Cannabis Loan Funds include rent, payroll, purchase of equipment, purchase of inventory, regulatory compliance expenses, payment of fines or penalties, certain legal expenses, and employee training. The Department also collects confidential information for oversight and monitoring purposes.