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California Cannabis Cultivators Will Continue to Experience Heavy Tax Burden as Assembly Bill 286 Fails Approval

June 12, 2019

Proposed California Bill Aimed to Reduce Tax Burden on Cannabis Cultivators and Retailers   Two measures – one at the state and the other on the local level – have recently floundered and been challenged, […]

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Oregon Moves Closer to Legal Interstate Cannabis Exports

June 10, 2019

Oregon Senate Bill 582 Advances Through Approval Process   The Oregon Senate approved Senate Bill 582. SB 582 would allow Oregon to enter into agreements with other states where cannabis is legalized and export product to […]

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New Jersey Wholesale Cannabis Market on The Horizon

June 5, 2019

Removal of Vertical Integration Requirement for Cannabis Market in New Jersey Opens Up Wholesale Opportunities   The New Jersey Department of Health (NJDOH) issued a press release outlining changes to the state’s medical cannabis rules stemming from […]

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Oregon Cannabis Surplus Leads to Over 25% Increase in Concentrates, Extracts, and Edibles Sales

June 3, 2019

Flower and Trim Used by Oregon Processors Exceeding 80k Pounds Per Month in 2019   The amount of unsold “usable marijuana” in the Oregon state Cannabis Tracking System (CTS) amounted to over 950,000 pounds as […]

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Hemp Benchmarks Spot Price Index Report – May 2019 Now Available

May 30, 2019

Monthly Report From Hemp Benchmarks Available for Download   The Hemp Benchmarks Spot Price Index – May 2019 is now available for download. The latest report from our colleagues at Hemp Benchmarks provides updated monthly pricing for […]

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Illinois Governor Announces Adult-Use Cannabis Legalization Plan

May 29, 2019

40 “Craft Grower” Licenses to be Issued in Illinois Come July 2020   On Saturday, May 4th, Illinois Governor J.B. Pritzker announced a plan to legalize cannabis for adult-use in the state, with sales scheduled to begin […]

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New Michigan Marijuana Regulatory Agency Begins Work

May 22, 2019

Governor Appoints Agency in Michigan to Replace Medical Marihuana Licensing Board   Governor Gretchen Whitmer’s executive order disbanding the state’s Medical Marihuana Licensing Board (MMLB) went into effect the last week of April. Now, Michigan’s […]

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Washington Commercial Hemp Licensing and Regulatory Program Signed into Law

May 20, 2019

Washington State Department of Agriculture to Begin Processing Commercial Hemp Licenses   Washington State Governor Jay Inslee has signed House Bill 1401 into law. As explained by the state Department of Agriculture (WSDA), the new law, “will replace […]

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California Cannabis Tax Rate Changes Bill Moving Through Legislature

May 15, 2019

Suggested California Tax Rate Changes Will Decrease Retailer Excise Tax and Eliminate State Cultivation Tax Until July 2022   Assembly Bill 286 cleared the California Assembly’s Business and Professions Committee and will now move to […]

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Maine Releases Draft Rules for Adult-Use Cannabis Industry

May 14, 2019

Multiple Licensing Tiers and Fees Proposed Yet Implementation Date Still Uncertain   The Maine Department of Administrative and Financial Services (DAFS) recently released the first draft of proposed rules to govern the state’s adult-use cannabis industry, which […]

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