Cannabis Law Report

JANUARY 9, 2022

Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. million) | Tax rate: 15% wholesale, 15% special retail. Colorado’s 15% wholesale excise tax and its 15% special retail tax do not apply to those sales. Colorado (pop. of the population enrolled.

Collective 52

Collective Policy Retail Programs 52

NORML

APRIL 23, 2020

Unfortunately for marijuana reform, what began with at least a dozen states optimistically working to qualify state level ballot initiatives in advance of the November 2020 election, has slowly dwindled to a number that can be counted on one hand. Issue : Adult use marijuana. Issue : Medical marijuana. New Jersey. Mississippi.

Collective 283

Collective Access Patients Marijuana 283

The Blunt Truth

MARCH 1, 2024

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. This week, we check on the retail market legislation in Virginia. Arkansas’ Attorney General gives the go-ahead for advocates to start collecting signatures for a ballot initiative. Next stop: the Governor’s desk.

Retail 59

Retail Consumption Collective Decriminalization 59

Cannabis Law Report

JUNE 14, 2022

Massachusetts municipalities have collected more than $53 million in “impact” fees from cannabis companies since the launch of adult-use sales in 2018, according to a Northeaster University study published by the Massachusetts Cannabis Business Association outlined in a Boston Globe report. The Franklin Observer writes.

Collective 52

Collective Business Legislation Cannabis 52

SpeedWeed

MARCH 8, 2021

Ronald and Lacey Bass, owners of cultivator Calm N Collective and retailer Houston Grass Station, also have been charged, according to the Anchorage Daily News. The post Alaska cannabis grower, retailer face criminal charges in pesticide case appeared first on SpeedWeed. The alleged offenses were committed Oct.

Retail 52

Retail Collective Cultivation Business 52

Canna Law Blog

OCTOBER 3, 2023

On June 15, 2023, the OLCC approved temporary rules requiring marijuana retailers to obtain a Certificate of Tax Compliance (“Certificate”) from the Oregon Department of Revenue (“DOR”) as a condition for acquiring or renewing a marijuana retailer license, as well as for changes of ownership and adding someone to a license.

Compliance 52

Compliance Compliance Marijuana Retail 52

Cannabis Law Report

MARCH 30, 2022

Outstanding regulatory fees owed by federally regulated Canadian marijuana companies jumped more than tenfold in recent years, according to figures shared with MJBizDaily by Health Canada. Health Canada collects the fees to help defray the cost of regulatory-related services such as security screenings and import/export permits.

Retail 52

Retail Marijuana Collective Data 52

NORML

MARCH 20, 2019

In some big news out of New Jersey, several marijuana reform bills have been voted out of their committees and are awaiting floor votes. These bills would legalize the personal possession of one ounce or less of cannabis and would regulate and tax the adult-use and retail sale. Some highlights of this landmark legislation are-.

Law 144

Law Marijuana Legislation Retail 144

Cannabis Law Report

APRIL 13, 2022

(The Center Square) – Marijuana sales in Colorado continued a downward trend in February totaling $145 million, according to the state’s latest market data. February marked the third consecutive month of declining marijuana sales following a record-breaking year in 2021, the Colorado Department of Revenue’s (CDOR) figures show.

Marijuana 52

Marijuana Data Retail Collective 52

Veriheal

FEBRUARY 15, 2024

Collectively, the ten dispensaries owe more than $14.4 The Los Angeles Police Department collected bongs, cannabis manufacturing equipment, and furnishings including a snow cone machine, artwork, TVs, cameras, a refrigerator, and other miscellaneous office supplies. Ten Los Angeles-based cannabis businesses were recently raided.

Collective 84

Collective Dispensary Cannabis Strains 84

Cannabis Law Report

JANUARY 23, 2022

Since adult-use retailers opened in Massachusetts in November 2018, gross total sales have now reached $2.54 While tax data shows alcohol consumption is hardly plummeting, the meteoric rise in cannabis use speaks to changing attitudes about recreational alcohol and marijuana use. million so far in alcohol excise taxes.

Data 59

Data Marijuana Collective Retail 59

Cannabis Life Network

MARCH 18, 2020

. (“Fire & Flower” or the “Company”), today announced Fire & Flower customers in Ottawa and Kingston, Ontario will be served exclusively through the Spark Perks™ Fastlane™ “click-and-collect” service that enables customers to order […].

Collective 58

Collective Cannabis Retail Business 58

Cannabis Law Report

JULY 12, 2021

Marijuana Moment reports. Idaho marijuana activists have submitted revised text for a ballot initiative to legalize marijuana in the state following a review by the state attorney general. It would make it so possession of up to three ounces of marijuana would be lawful on private property for adults 21 and older.

Legalization 111

Legalization Marijuana Collective Retail 111

Cannabis Law Report

MAY 6, 2022

Washington, DC: Legal marijuana states generated more revenue from retail cannabis sales than they did from alcohol sales, according to data provided by the Institute on Taxation and Economic Policy (ITEP). Additional information is available from NORML’s fact sheet, ‘ Marijuana Regulation: Impact on Health, Safety, Economy.’.

Marijuana 52

Marijuana Safety Retail Collective 52

Dykema (Cannabis Law Blog)

FEBRUARY 22, 2022

The Michigan Regulation and Taxation of Marihuana Act (“MRTMA”) does not address how Michigan’s Native American tribes participate in Michigan’s adult-use marijuana industry. Thus, HB 5706 does not grant the power to tribes to start marijuana businesses. Tribes can already do so on their own lands regardless of state law.

Legislation 73

Legislation Marijuana Collective State Laws 73

Cannabis Law Report

JANUARY 16, 2020

Portland, OR — The Oregon Liquor Control Commission is issuing an immediate health and safety advisory due to the identification of potentially unsafe pesticide residue on plant material used in a packaged retail marijuana product. The product was sold through nine OLCC licensed marijuana retailers around Oregon.

Marijuana 93

Marijuana Packaging Retail Agriculture 93

NORML

MARCH 12, 2019

After months of negotiation, Governor Murphy and NJ state legislators have reached a deal on what will be included in upcoming legislation to legalize the adult-use and retail sale of marijuana in the state of New Jersey. New Jersey ranks second in the nation in per capita annual marijuana arrests.

Legalization 197

Legalization Legislation Retail Collective 197

MassRoots

FEBRUARY 17, 2019

In 2018, the first full year of operations for the retail medical marijuana program in Pennsylvania, patients spent more than $130 million on the herbal medication. Inspired by the successful first full year, officials plan to expand the program by licensing more physicians, producers and retail dispensaries.

Marijuana 105

Marijuana Programs Dispensary Collective 105

Cannabis Law Report

SEPTEMBER 23, 2022

Marijuana Moment report. A 13-member committee will study Alaska’s recreational marijuana taxes, fees and regulations. Mike Dunleavy (R) issued an executive order Wednesday establishing the Governor’s Advisory Task Force on Recreational Marijuana that will study the state’s seven-year-old marijuana industry.

Recreational 52

Recreational Marijuana Collective Retail 52

Cannabis Law Report

JULY 20, 2019

New England Treatment Access is doing more than selling marijuana to consumers — it is also providing a tax revenue windfall to Northampton and Brookline. As the recreational marijuana industry begins to hit its stride in Massachusetts, cities and towns are beginning to reap the financial benefits. More At: [link].

Collective 40

Collective Marijuana Dispensary Recreational 40

MassRoots

AUGUST 19, 2020

Arizona voters will have a chance to cast a ballot in support of recreational marijuana this coming November. 207 would make it legal for adults in Arizona to possess up to an ounce of marijuana, so long as no more than five grams of that marijuana is in the form of concentrates. If approved, Prop. Support for Proposition 207.

Legalization 138

Legalization Marijuana Recreational Policy 138

MJ Business Attorneys

JULY 24, 2019

Areas that have approved the sale of cannabis still deal with a “gray market” where legal and illegal marijuana markets coexist. However, illegal growth and sale of marijuana prospers today in spite of, and sometimes because of, legalization. Owners, managers, and employees of marijuana businesses all need to be licensed.

Legalization 178

Legalization Marijuana Policy Business 178

Cannabis Law Report

JULY 9, 2020

In California’s ongoing battle against the illicit cannabis market, the state’s central tax collection agency served a dozen tax warrants to illegal marijuana retailers in … Read More.

Collective 59

Collective Business Marijuana Retail 59

Cannabis Law Report

OCTOBER 24, 2021

Do you own a business that sells marijuana-derived products? Then you may already know that the sale and purchase of marijuana for recreational use is allowed in only 17 US states and the District of Columbia. Taxes on marijuana products and their derivatives are typically divided into three types: price, weight, and potency.

Seed-To-Sale 52

Seed-To-Sale Marijuana Collective Retail 52

Cannabis Chronicles

JANUARY 4, 2019

Downtown Vancouver’s Main Street Marijuana has consistently held an unbeatable lead as the state’s highest-selling recreational cannabis store, and it’s quickly approaching a major milestone: passing $100 million in total lifetime sales. According to a board report, the state took in $319 million in marijuana revenue in 2017.

Marijuana 100

Marijuana Retail Recreational Collective 100

Cannabis Life Network

JUNE 24, 2019

collectively, “Fire & Flower” or the “Company”) (TSXV: FAF), announced on June 20th that it has received an additional licence from the Alberta Gaming, Liquor and Cannabis Commission (the “AGLC”) to open its second licensed cannabis retail store in […].

Retail 45

Retail Collective Cannabis Business 45

SpeedWeed

MARCH 6, 2021

The Michigan Department of Treasury is distributing nearly $10 million to more than 100 communities as a part of the Michigan Regulation and Taxation of Marijuana Act. More than $341 million in adult-use marijuana sales were reported for fiscal year 2020. Combined with fees, there was a total of $45.7 The remaining $12.5

Business 52

Business Recreational Collective Marijuana 52

Greenspoon Marder Cannabis Law Group Blog

APRIL 19, 2021

When House Bill 19-1234 and House Bill 19-1230 were signed into law on May 29, 2019, allowing for marijuana delivery and marijuana hospitality licenses, no one thought it would take two years to implement. Marijuana Hospitality Business Licenses. By: Nabil Rodrigue z, Associate. Ordinance – Omnibus Bill. and 7:00 a.m.; (2)

Marijuana 76

Marijuana Consumption Retail Business 76

Cannabis Law Report

SEPTEMBER 1, 2021

On eve of Commission’s fourth birthday, Marijuana Establishments surpass $2 billion in gross sales since retail stores opened in Massachusetts; progress continues to achieve industry goals. Over the first year of adult-use sales , from November 2018 to November 2019, 33 Marijuana Retailers generated $393.7

Marijuana 100

Marijuana Seed-To-Sale Safety Data 100

Cannabis Law Report

AUGUST 12, 2021

trillion infrastructure bill passed by the Senate on Tuesday are provisions that would allow researchers to study the actual cannabis being purchased at state-approved dispensaries instead of having to use the low-grade cannabis grown at government facilities, Marijuana Moment reports. Included in the $1.2 More at [link].

Packaging 105

Packaging Collective Dispensary Strains 105

SpeedWeed

MARCH 12, 2021

Debby Goldsberry Executive Director, Magnolia Wellness, FLOR Co-Founder, Berkeley Patients Group collective . She co-founded the Berkeley Patients Group (BPG) medical cannabis collective in 1999, directing its growth for more than 11 years. The post Fire & Flower Brings Proprietary Retail Tech to U.S. Kowalski .

Retail 52

Retail Dispensary Media Supply Chain 52

Cannabis Law Report

MAY 13, 2022

Shifting the point of collection and remittance for excise tax from distribution to retail on January 1, 2023, maintaining a 15 percent excise tax rate. Strengthening tax enforcement policies to increase tax compliance and collection and reduce unfair competition. Newsom proposes tax cut for California marijuana industry.

Supply Chain 52

Supply Chain Collective Retail Programs 52

SpeedWeed

FEBRUARY 25, 2021

Three years after the launch of California’s legal marijuana market, cannabis tax experts warn the industry should expect state regulators to ramp up tax enforcement, noting that several audits of MJ businesses are already underway. Finnegan said he knows the CDTFA is ramping up for more audits in general, including among marijuana companies.

Marijuana 52

Marijuana Compliance Compliance Collective 52

Cannabis Law Report

AUGUST 18, 2021

There has been a recent flurry of movement – both in the courts and in state legislatures – on the marijuana law front across several states. Other jurisdictions are catching up to the marijuana law frenzy. Here’s a round-up of the most recent developments: New Laws.

Legislation 105

Legislation Legalization Marijuana Recreational 105

Cannabis Law Report

SEPTEMBER 20, 2019

Buffalo Grove has yet to allow retail sales of recreational marijuana in the village, but it now has a tax in place if it becomes a reality next year. Deputy Village Manager Christopher Stilling said Buffalo Grove could, by a conservative estimate, collect $300,000 to $400,000 a year through the tax. Source: [link].

Recreational 40

Recreational Collective Marijuana Retail 40

WeedAdvisor

JULY 15, 2019

businesses enjoy is the ability to deduct certain expenses, providing a notable tax break once the IRS comes to collect its due. Unfortunately – according to the Los Angeles Times – this is not the case for cannabis retailers. Given that marijuana is federally illegal, the IRS is required to operate based on those laws.

Business 76

Business Law Legalization Marijuana 76

Cannabis Law Report

AUGUST 14, 2021

HB 3000 appears to have been passed with the aim of protecting consumers from intoxicating marijuana products that contain (previously) unregulated and/or artificially created cannabinoids (like Delta-8 THC). Distinguishing Marijuana from Hemp. As a result, any hemp-derived product containing over 0.5

THC 105

THC Hemp Legislation Cannabinoids 105