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Downstream Effects: April 2023

Project CBD

We start with some positive news from the Golden State. As Project CBD reported last year: “With over 2,000 acres licensed to grow cannabis, California cannabis farmers put between 30 and 55 million plants in the ground every year. That’s a lot of plastic tags for an industry with green pretensions.”

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New Mexico: State Court of Appeals ruling that medical marijuana producers can claim a tax deduction for prescription medication

Cannabis Law Report

SANTA FE – A state Court of Appeals ruling that New Mexico medical marijuana producers can claim a tax deduction for prescription medication could affect prices for 80,000 or so enrolled patients statewide – and the state budget. I think it’s good news, because we should never tax food or medicine,” Rodriguez said in an interview.

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New York: Cuomo Appoints Cannabis Director

Cannabis Law Report

Cuomo is turning to Norman Birenbaum, the former implementation director for the Rhode Island Office of Cannabis Regulation, to fill the new post. Cuomo is turning to Norman Birenbaum, the former implementation director for the Rhode Island Office of Cannabis Regulation, to fill the new post. Providence, R.I. Not merits.

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Decriminalize Nature Activist Arrested for Possessing Psilocybin and Other Psychedelics in New York

Cannabis Law Report

The man who’s trying to legalize psychedelic drugs in New York State has been arrested for having them. On June 10, Aaron Genuth was busted after a traffic stop near New Paltz by New York State police and charged with DUI and possession of psilocybin mushrooms, LSD, MDMA and ketamine. His vehicle was impounded.

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Maine Launches Track ‘n’ Trace. Guess What Users Aren’t Happy

Cannabis Law Report

We can’t wait till they have to launch something in New York. The combination of New Yorkers and a innefficient track n trace may make us want to write a treatment for Netflix, it’ll be a six parter and will probably run at least 10 seasons ! The cost of the tag wasn’t the problem.

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The IRS Offers Some Clarity on Tax Deductions in the Cannabis Industry

Veriheal

That’s good news for the state—another source of income that can be used for things that benefit all the state’s residents. For one thing, virtually all cannabis businesses are fairly new, and newer businesses have a tendency to need more assistance as they find their footing. The New Plan For Cannabis Businesses .

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New Oregon cannabis rules let customers buy twice as much per purchase, and from farther away

Cannabis Law Report

Oregon has approved multiple changes to the regulation of the cannabis industry for the new year, including doubling how much marijuana customers can purchase and allowing home delivery across city and county lines. While some of the new rules took effect Jan. 1, others kick in later this year.

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