It appears the Vermont government is operating smoothly thanks to some extra green, causing state lawmakers to defend the risky move.
Tag Archives: Fees
Massachusetts marijuana tax revenue in the Bay State has been given a wide-ranging projection for recreational marijuana’s first year of sales. According to a Massachusetts Department of Revenue analysis, tax revenue will range between $44-82 million in fiscal year 2019.
The tiny village of Mount Orab and the city of Akron are among diverse locations of 12 large growers Ohio has picked for its medical marijuana program.
California just released new rules for legal marijuana that will take effect January 1, 2018.
The state health department released a pack of proposed rules for the medical marijuana industry, which will be the subject of a public hearing this month.
Colorado cannabis sales are on track to reach an all-time high at record speed, with cannabis having already banked $1 billion in sales within the first eight months of 2017.
It looks like the enhanced legalization of medical marijuana in Montana will boost the Treasure State’s coffers this year, with sales increasing the amount of money in Montana’s general fund.
At a meeting of the Medical Marihuana Licensing Board later today, the Department of Licensing and Regulatory Affairs (LARA) will inform the board members regarding several oversight issues and the implementation of the regulatory framework for the new Medical Marihuana Facility Licensing Act (MMFLA). LARA, in consultation with the board, has sole authority to promulgate rules and emergency rules as necessary to implement, administer, and enforce the MMFLA.
Marijuana sales in Colorado, the first state in the nation to legalize recreational weed, surpassed $750 million during the first half of 2017, up about 25 percent compared to the first six months of 2016.
On July 24, 2017, the Ohio Department of Commerce and State Board of Pharmacy formally requested that the Ohio Medical Marijuana Control Program receive a substantial budget increase. With the Ohio Controlling Board approving the request, the program will receive a budget increase of $6 million over the next two years.
As the legalization of recreational marijuana sales nears, a Maine legislative panel has spent months pondering the best way to tax pot to bring in state revenue, fund regulatory enforcement and discourage the illicit market.
On June 10, 2016, Colorado Gov. John Hickenlooper signed House Bill 16-1211 into law, creating Colorado cannabis transporter licenses for medical and recreational cannabis transporters. With the new law requiring transporters to be licensed by July 1, 2017, the state has already issued one medical transporter license and two recreational cannabis transporter licenses.
With Ohio’s cultivation application period having closed at the end of June, the state has made quick turnaround time to release information on cultivation applicants.
On June 30, 2017, Denver’s licensing officials released final rules regulating the city’s pilot program to allow social marijuana use within city limits.
On April 27, 2017, the Pennsylvania Department of Health provided an update on its medical marijuana program, announcing that it has currently received over 500 medical marijuana applications from prospective growers, processors and dispensaries.
On April 17, 2017, the Ohio legislature’s Joint Committee on Agency Rule Review voted to finalize the rules and regulations for the state’s medical marijuana cultivators.
Today, April 18, 2017, at 7 p.m., Costa Mesa City Council is expected to adopt Resolution No. 17-30, setting fees for the permitting of medical marijuana businesses pursuant to Measure X.
According to the Medical Marijuana Trust Fund Annual Report, issued by the Massachusetts Department of Public Health for fiscal year 2016, the state collected approximately $7.2 million in revenue from its medical marijuana program.
SACRAMENTO, Calif., March 11, 2017 /Weed Wire/ — The City of Sacramento will start accepting applications for non-residential marijuana cultivation on April 3rd after the City Council lifted the temporary moratorium on cultivation, and approved the remaining components of its cultivation regulations at the March 7th meeting.
In 2016, Colorado sales of recreational and medical marijuana sales combined hit $1.3 billion, according to a Feb. 9, 2017, article by the Associated Press. The figure, drawn from a Colorado Department of Revenue report, shows a steady climb from $699 million in 2014 and $996 million in 2015.
On Jan. 18, 2017, Guam’s medical cannabis license applications were made available at the Department of Public Health and Social Services’ main office in Mangilao.
32 dispensaries are to be evenly distributed among the state’s four congressional districts.
At the end of 2015, Arizona’s five-year-old medical marijuana program had an $11.5 million surplus. State law says the program can only raise enough “sufficient to implement and administer” the medical marijuana program, so two users are suing over annual identification card fees, which are $150 per patient.
On Nov. 2, 2016, the Ohio Medical Marijuana Advisory Committee released the draft rules for would-be medical marijuana cultivators. If approved, Ohio would have one of the most expensive medical marijuana licensing fees in the country.
On Aug. 22, 2016, the Ohio Controlling Board, a bipartisan panel that handles adjustments to the state budget, voted to transfer $1.8 million from the Emergency Purposes Fund to the Medical Marijuana Control Program Fund, as requested by the Ohio Office of Budget and Management.
The Arizona Department of Health Services is accepting medical marijuana dispensary applications from July 18 – July 29, 2016.
On Friday, June 26, 2015, Maryland published the text of proposed regulations that will shape the medical marijuana industry in that state.
Back to square one. That’s how many Illinois medical marijuana patients feel upon receiving the news that outgoing Illinois Gov. Pat Quinn would do nothing to address the mountain of medical marijuana licenses that have yet to be approved.
Amendment 64 has graced Coloradans with the opportunity to own and operate their own marijuana grow. However, with a soaring number of in-home grows, not to mention large-scale operations, massive energy consumption has become an issue in Colorado.
When voters in Washington, D.C., approved recreational marijuana by a margin of 64 percent, residents were left with asking, “Now what?”
On Tuesday, November 4, 2014, Washington, D.C., will likely vote to legalize recreational marijuana. It is the most heavily favored to succeed of the four marijuana ballot initiatives. Yet, as far as the investment community is concerned, this has earned a yawn and a big “So what?”
When discussing the cannabis industry, we usually like to discuss the large amounts of money that dispensaries make. Often overlooked, however, are the extremely high fees that many dispensaries pay the state to stay open, such as licensing and permit fees. It is actually very expensive to start a marijuana dispensary; and in Maryland, it stands to be even more expensive.
PotCoin Systems are designed to empower, secure and facilitate the Cannabis Community’s daily transactions.
New Mexico’s Department of Health would like to charge an annual $50 for patients to renew their registry ID cards. However, the proposal to triple annual licensing fees to a maximum of $90,000 for each producer seems high, even though the new regulations would allow each producer to have 300 seedlings in addition to 150 mature plants.