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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.

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

Cannabis Law Report

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. Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. Colorado (pop. 46,104,922.

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Alert: Governor Gavin Newsom signs legislation implementing the 2022-23 state budget, including trailer bill focusing on measures to bring tax relief to the cannabis industry

Cannabis Law Report

Move cannabis excise-tax collection and remittance to retail in 2023, establishing one point of collection and remittance and greatly simplifying tax requirements for the entire cannabis supply chain. Allow eligible equity retailers to keep a percentage of the excise tax they collect.

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

Cannabis Law Report

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. Gavin Newsom introduced proposed revisions to his 2022-2023 budget proposal, which would eliminate the cannabis cultivation tax rate beginning July 1, 2022.

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New York’s CCB Releases Proposed Cannabis Regulations

Canna Law Blog

The proposed regulations are the latest indication that the CCB is pushing for adult-use sales by the end of the year (which we still think is unlikely), given that each set of proposed cannabis regulations is focused on consumer safety. design and construction firms) for the construction of conditional retail dispensary locations.

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New Study Once Again Validates Americans’ Support for Cannabis Reform

Veriheal

Tax revenue from legal cannabis sales is collected by the state and used to fund whatever the state needs. Cannabis programs also create opportunities for entrepreneurship and a wide variety of other jobs. Additionally, 69% stated that they would purchase one located within one mile of an adult retail cannabis store.

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United Coalition of Cannabis Associations Successfully Advocated Amendments into AB 45, Establishing A Foundation for Comprehensive Cannabinoid Policy.

Cannabis Law Report

Responsible policy prioritizes public health and safety and promotes the viability of both California’s legal cannabis industry and the legal hemp industry. . Such a policy includes equal safety testing requirements to protect public health.