United States

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USA
the states
the US
Wed
13
Mar

Breaking down the cannabis tax options: weight, sales or THC?

Back to the BRC – while 2015 seems like ancient history, however, that was when then Lt. Gov. Gavin Newsome’s Blue Ribbon Commission published “Pathways Report – Policy Options For Regulating Marijuana in California” which contained a detailed analysis of the policy choices that were to be considered in what gave California Proposition 64 and subsequently SB 94 which led to the system of regulation for the legal cannabis industry that exists in California today.

While we could devote a book length article to a present day critique of that report we are going to limit our thoughts to a review of the Tax Policy component of the report which appears on pages 48 through 56. The section, “Taxing Marijuana” begins by noting

Wed
13
Mar

Ohio medical marijuana patients may soon be able to buy edibles

Ohio regulators have awarded the state’s first medical marijuana processor certificate. And that means there is now one company in the state, Grow Ohio, that can produce the cannabis products that are standard issue in many other medical-use states. Grow Ohio still has to run a few tests on its THC extractor equipment. But once it does, medical cannabis patients will soon be able to buy edibles, and they’ll have several types to choose from.

Wed
13
Mar

Kentucky’s medical marijuana would be tightly regulated

Although the question of whether to legalize medical marijuana in Kentucky has not been given much consideration over the past several years, the issue, which is supported by Governor Matt Bevin, appears to be gaining some traction in the 2019 legislative process.

However, while bill would allow tens of thousands of patients to use marijuana for a variety of health conditions, the proposed program design might not be exactly what most patients were hoping for.

Wed
13
Mar

Gov. Noem vetoes bill legalizing industrial hemp production

South Dakota Gov. Kristi Noem on Monday vetoed a bill to legalize industrial hemp production in the state, saying it would make law enforcement's job more difficult and could be a first step to eventually legalizing recreational marijuana.

Noem had previously opposed legalizing hemp this year but had not threatened a veto. She raised a host of objections to the bill as it was being drafted.

"There is no question in my mind that normalizing hemp, like legalizing medical marijuana, is part of a larger strategy to undermine enforcement of the drug laws and make legalized marijuana inevitable," Noem said in a statement along with her veto.

Wed
13
Mar

Nosing out the cannabis competition: U.S. patent sniffs IP rights for terpene-based pesticide

Digipath, Inc. reports it has filed a U.S. provisional patent application in a bid to secure “a method of using natural, plant-based, non-toxic compounds instead of chemical pesticides in cannabis and hemp cultivation.”

The patent application relates to “a method of determining terpene-based biocontrol agents for cannabis and hemp,” notes a statement from the service-oriented independent testing laboratory, data and media firm focused on developing cannabis and hemp markets. Terpenes are compounds responsible for the aroma of cannabis.

Wed
13
Mar

NJ Governor announces vote on marijuana legalization this month

New Jersey Gov. Phil Murphy announced on Tuesday that he had reached an agreement with legislative leaders to legalize recreational marijuana for adults. Lawmakers expect to vote on the deal on March 25 and Murphy could sign the legalization bill later that week. Murphy said in a press release that after nearly a year of negotiation, he and lawmakers including Senate President Steve Sweeney, Assembly Speaker Craig Coughlin, Senator Nicholas Scutari, and Assemblywoman Annette Quijano had agreed on a regulatory and tax structure for an adult-use cannabis industry.

Wed
13
Mar

Colorado may have cannabis tasting rooms in 2020

Coloradans are a step closer to being allowed to smoke in social settings thanks to a bill that was introduced last week.

 House Bill 19-1230 would allow a regulated system for people to consume cannabis in social settings. With a proper license, it would allow cannabis hospitality establishments to run where there would be some product sales but would ultimately provide a space for people to consume their cannabis.

If the bill is passed, establishments could be allowed as early as January 2020.

Tue
12
Mar

Two Seattle cannabis software companies merging to build bigger stake in a growing market

Dauntless, Inc., a Seattle-area software developer providing point-of-sale and tracking software to the cannabis industry, has acquired pot sales software company Soro.

The combined companies aim to create an all-encompassing platform serving growers, packagers, and retailers across the U.S., said Soro CEO Jerry Tindall.

Tue
12
Mar

NY Governor “isn’t sure” if marijuana legalization will be in this year’s budget

After besting Democratic primary challengers more progressive on cannabis than he, New York Gov. Andrew Cuomo seemed sure that he could legalize marijuana when voters re-elected him last year. In early January, he seemed sure that he could legalize adult cannabis use in the first 100 days of his third term. Now, however, Gov. Cuomo says he “isn’t sure” if marijuana legalization is on the table this year. And after Monday’s announcement to that effect, New Yorkers aren’t sure if they’ll have to wait until 2020 for legal weed.

Tue
12
Mar

Federal agencies weigh in on legal status of hemp, CBD

Representatives from the US Food and Drug Administration (FDA) and the US Department of Agriculture (USDA) testified last week with regard to federal efforts to regulate domestic hemp production and the sale of certain hemp-derived CBD products.

In December, Congress enacted legislation removing industrial hemp (defined as cannabis containing less than 0.3 percent THC) and products containing cannabinoids derived from hemp from the federal Controlled Substances Act.

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