Tax revenues from Colorado’s cannabis industry have topped $1 billion since legalization, according to a new report released on Wednesday by Denver cannabis law firm Vicente Sederberg. The report details and analyzes fees and taxes collected by the Colorado Department of Revenue since the beginning of legal sales of... Read more
You are here: Home / Policy & Legal / New Jersey / New Jersey medical marijuana expansion bill needs governor’s support to become law. Here’s what he wants. June 12, 2019 by AggregatedNews Leave a Comment Shortly before a vote Monday on a measure to vastly expand New Jersey’s... Read more
June 12, 2019 by AggregatedNews Leave a Comment Advocates are optimistic. Lawmakers worry there is just not enough legislative support. The First State was among the first on the East Coast to weigh legalization for adult use. But last year, legalization came up short four “ayes.” The latest version... Read more
When states legalize pot for all adults, long-standing medical marijuana programs take a big hit, in some cases losing more than half their registered patients in just a few years, according to a data analysis by The Associated Press. Much of the decline comes from consumers who, ill or... Read more
Republican Governor Greg Abbot of Texas signed a bill on Monday that will allow farmers in the state to legally grow hemp. The measure, House Bill 1325 (HB1325), also removes hemp from the state’s list of controlled substances and legalizes cannabidiol, or CBD, and products made with the cannabinoid.... Read more
There is an ongoing battle in Los Angeles over the proliferation of illegal cannabis dispensaries, which many in the legal business community say is cutting sharply into their profits. Since illegal dispensaries don’t have to live up to the same guidelines and tax rates as regulated cannabis shops, they... Read more
June 11, 2019 by AggregatedNews Leave a Comment The legal marijuana industry urged Los Angeles City Hall on Monday to get tougher with illegal shops that are gouging their businesses in open sight. Illegal pot shops are widespread throughout Los Angeles and typically look like the real thing. And... Read more
On June 4, 2019, Eaze Technologies Inc. (Eaze) was sued in San Francisco County Superior Court by its competitor Herban Industries CA LLC (Herban), alleging a conspiracy between Eaze and numerous California cannabis dispensaries to commit payment and credit card laundering, wire fraud and bank fraud. Eaze is a... Read more
Trulieve Announces Pricing of Public Offering of Units TORONTO, June 11, 2019 /CNW/ – Trulieve Cannabis Corp. (“Trulieve” or the “Company”) (CSE: TRUL) today announced that it has priced its previously announced public offering (the “Offering”) of units of the Company (“Units”) comprised of an aggregate principal amount of... Read more
A lot of attention has been paid recently to brick and mortar retail licenses in the City of Los Angeles for Phase 3 licensing, which is set to commence in early September of this year. While L.A. is trying its best to champion social equity with its Phase 3 storefront licensing, it’s also going to…
