Monthly Archives: May 2022

Virginia Lawmakers Considering Stricter Cannabis Possession Laws

In budget language unveiled Sunday, Virginia legislative leaders would create a new criminal misdemeanor for possession of more than four ounces of cannabis, the Richmond Times-Dispatch reports. It is the third time this year that state lawmakers have considered creating new laws for cannabis possession despite passing a legalization bill in April 2021. The budget

2022-05-31T15:16:42+00:00May 31st, 2022|Cannabis, Feed|Comments Off on Virginia Lawmakers Considering Stricter Cannabis Possession Laws

Former Cannabis CEO Sentenced to 22 Months In Prison for Bribery, Tax Crimes

Helios Dayspring, the founder and former CEO of California-based Natural Healing Center, last week was sentenced to 22 months imprisonment for bribing a public official and filing a false tax return, the Los Angeles Times reports. Dayspring had previously pleaded guilty to felony charges and agreed to pay $3.4 million in restitution to the Internal

2022-05-31T16:15:33+00:00May 31st, 2022|Cannabis, Feed|Comments Off on Former Cannabis CEO Sentenced to 22 Months In Prison for Bribery, Tax Crimes

California Total Cannabis Tax Revenue Approaching $4 Billion

California cannabis sales have generated $3.76 billion in total tax revenue since legalization took effect in January 2018, according to a California Department of Tax and Fee Administration (CDTFA) report. The report published last week found that during the first quarter of 2022, the state had earned $293.54 million including $156.36 in excise taxes, $32.68

2022-05-30T16:16:34+00:00May 30th, 2022|Cannabis, Feed|Comments Off on California Total Cannabis Tax Revenue Approaching $4 Billion

Europe’s Leading Psychedelic Conference Returns to Amsterdam

The OPEN Foundation invites you to the Interdisciplinary Conference on Psychedelic Research this September, featuring the world’s best experts on psychedelic science and therapy. AMSTERDAM, May 26, 2022 (GLOBE NEWSWIRE) — The OPEN Foundation, a European non-profit organisation dedicated to advancing psychedelic research and the responsible integration of psychedelics into science, healthcare, and society since

2022-05-27T17:15:57+00:00May 27th, 2022|Cannabis, Feed|Comments Off on Europe’s Leading Psychedelic Conference Returns to Amsterdam

California Senate Advances Tax Credits for Cannabis Businesses

A California bill to create a tax credit for commercial cannabis retailers passed the state Senate on Thursday moving it next to the Assembly for policy hearings. The measure passed by a bipartisan 26-3 vote. Under the legislation, legal cannabis businesses would receive a tax credit that is 25% of the amount of some qualified

2022-05-27T16:20:27+00:00May 27th, 2022|Cannabis, Feed|Comments Off on California Senate Advances Tax Credits for Cannabis Businesses

Lone Halloween Season Cannabis Complaint Unrelated to Trick-or-Treating

The New York Attorney General’s Office received just one complaint related to cannabis after Attorney General Letitia James, during the Halloween season, sent a warning to parents to be on the lookout for “unregulated and deceptive cannabis products,” WGRZ reports. Every Halloween, officials throughout the U.S. warn about cannabis-infused candy being handed out to children

2022-05-27T18:21:54+00:00May 27th, 2022|Cannabis, Feed|Comments Off on Lone Halloween Season Cannabis Complaint Unrelated to Trick-or-Treating

Georgia Democrats Vote 80% In Favor of Cannabis Legalization

Georgia Democratic primary voters approved a non-binding adult-use ballot question on Tuesday, according to a Marijuana Moment report. The question was just one of nine questions Georgia Democrats put on the primary ballot to inform the legislature on residents’ support for a variety of topics, including student loan forgiveness, paid parental leave, free preschool, healthcare,

2022-05-27T18:22:42+00:00May 27th, 2022|Cannabis, Feed|Comments Off on Georgia Democrats Vote 80% In Favor of Cannabis Legalization

Rhode Island Becomes 19th State to Legalize Cannabis

Rhode Island Gov. Dan McKee (D) on Wednesday signed the bill to legalize cannabis for adult use just one day after it was approved by the Legislature, WPRI reports. Rhode Island is the 19th state to legalize cannabis for adult use. “This bill successfully incorporates our priorities of making sure cannabis legalization is equitable, controlled

2022-05-26T15:20:40+00:00May 26th, 2022|Cannabis, Feed|Comments Off on Rhode Island Becomes 19th State to Legalize Cannabis

Cannabis Vaporizer Manufacturing Provider Launches Distribution Partner Program 

The cannabis vaporizer manufacturing industry’s reputation has long been tainted by inferior products and counterfeits in the market. As Cilicon learned of this situation, founders intuitively developed an ultimate solution for all of our potential business partners. Cilicon is committed to delivering quintessential cannabis vaporizers embedded with top-notch technologies and product safety assurance that will

2022-05-26T16:22:14+00:00May 26th, 2022|Cannabis, Feed|Comments Off on Cannabis Vaporizer Manufacturing Provider Launches Distribution Partner Program 

Rhode Island Lawmakers Approve Cannabis Legalization

The Rhode Island Legislature on Tuesday voted to legalize cannabis for adult use, moving it to Gov. Dan McKee (D) who is expected to sign the bill today, the Providence Journal reports. The measure passed the House 55-16 and the Senate 32-6. Senate Majority Leader Michael McCaffrey (D) called the bill’s passage “a truly momentous

2022-05-25T15:20:16+00:00May 25th, 2022|Cannabis, Feed|Comments Off on Rhode Island Lawmakers Approve Cannabis Legalization
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