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Grown Rogue and Pure Extracts Form Joint Venture to Expand Product Offering in Michigan

Cannabis Law Report

(“Grown Rogue” or the “Company”) (CSE:GRIN) (OTC:GRUSF), a multi-state operating (MSO) cannabis company with operations and assets in Oregon and Michigan, today announced the signing of a Definitive Agreement for a joint venture between its Michigan partner, Golden Harvests, LLC (“Golden”) and Pure Extracts Technologies Corp.

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Hemp and CBD Businesses Could Be Out in the Cold in Minnesota

Veriheal

The board’s decision—which was made based on gaps in the 2018 Farm Bill that federally legalized hemp—is outlined in the document from its 901st meeting. While the board specified that hemp seed oil (with no CBD or THC) and hemp flower (with 0.3% Differing Interpretations of Hemp Legality. According to U.S.

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Washington Cannabis: The Proposed Hemp Overhaul is Here

Canna Law Blog

In light of the recent federal legalization of industrial hemp, Washington lawmakers are taking a hard look at the state’s hemp program. The stated purpose of SB 5719 is as follows: Authorize the growing of hemp as a legal, agricultural activity in this state. This would no longer be an issue if SB 5719 passes.

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Oregon: SB408 – Cannabis Omnibus Bill – Passed and Signed Into Law By Gov. Kate Brown

Cannabis Law Report

Unique for this bill is that it was crafted by a coalition of the major cannabis industry associations, working with the OLCC to meet the needs of the evolving market and update regulations created when the market was first legalized. Last year Oregon cannabis retail sales hit a record-breaking $1.1 This is a great start.”

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Hemp-CBD Across State Lines: Florida

Canna Law Blog

The Agriculture Improvement Act of 2018 (“ 2018 Farm Bill ”) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (“CSA”) and by providing a detailed framework for the cultivation of hemp. Each Sunday we will summarize a new state in alphabetical order.

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Flora Growth Launches Cutting-Edge Global Cannabis Distribution Strategy, Implements Pharmaceutical Standards For Its Supply Chain

Cannabis Law Report

Flora will use TruTrace’s blockchain-enabled platform for seed-to-sale tracking of its cannabis products – including integration of Applied DNA’s molecular tagging technology – to offer Flora’s customers a complete product validation and authentication solution. MIAMI & TORONTO–(BUSINESS WIRE)–Flora Growth Corp.

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Greenway – Article: Income Taxes and the Cannabis Business: The Impact of §280E

Cannabis Law Report

1981-623) that had allowed deductions incurred in carrying on the production, distribution, and sale of controlled substances. The production or sale of marijuana is still illegal under U.S. In 1982, Congress enacted Sec. 280E, which reversed a Tax Court decision ( Edmondson , T.C. 173 (2007)). 280E, still apply.