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 Projection Swings Wide for First Year
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.
Ohio Picks 12 Large Growers for Medical Marijuana Program
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 Legal Marijuana Q&A
California just released new rules for legal marijuana that will take effect January 1, 2018.
Montana Health Department Drafts Dozens of New Medical Marijuana Rules
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 Hit $1 Billion in First Eight Months of 2017
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.
Medical Marijuana in Montana Ready to Give Slight Boost to State Coffers
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.
LARA to Inform Medical Marihuana Licensing Board Regarding Existing Facilities, License Fees
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.
Colorado Marijuana Sales Up 25 Percent Year Over Year: Report
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.
Regulators Granted Budget Increase for Ohio Medical Marijuana Control Program
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.
Maine Legislative Panel Mulls Raising 10 Percent Tax on Marijuana
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.
These Are the First Two Recipients of Colorado Cannabis Transporter Licenses
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.
Ohio Medical Marijuana Control Program Receives 185 Cultivator Applications
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.
Denver Issues Rules for Social Marijuana Use
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.
Pennsylvania Processing Hundreds of Medical Marijuana Applications
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.
Ohio Finalizes Medical Marijuana Cultivator Rules
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.
Holy Smokes Batman—Costa Mesa May Enact a $50K Medical Marijuana Price Tag
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.
Massachusetts Banked $7.2M in Medical Marijuana Revenue in 2016
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.
City of Sacramento to Start Accepting Marijuana Cultivation Applications on April 3
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 Marijuana Sales Hit $1.3 Billion
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.
Guam’s Medical Cannabis License Applications Now Available
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.
Arkansas Medical Marijuana Commission Will Allow 32 Vendors
32 dispensaries are to be evenly distributed among the state’s four congressional districts.
In Arizona, Two Sue Over State’s Medical Marijuana Fees
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.
Ohio Announces Draft Rules for Medical Marijuana Cultivators
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.
Ohio Approves $1.8 Million for MMJ Program
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.
Arizona Rising: State Now Accepting Medical Marijuana Dispensary Applications
The Arizona Department of Health Services is accepting medical marijuana dispensary applications from July 18 – July 29, 2016.
Comments Sought on Maryland’s Draft MMJ Regulations
On Friday, June 26, 2015, Maryland published the text of proposed regulations that will shape the medical marijuana industry in that state.
Illinois Medical Marijuana in Limbo
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.
Colorado’s Growers Can Beat Fees With LEDs
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.
DC Council Moves to Regulate Cannabis
When voters in Washington, D.C., approved recreational marijuana by a margin of 64 percent, residents were left with asking, “Now what?”
DC May Open Up $130 Million MJ Market
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?”
Proposed Maryland MMJ Fees Are Too High
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.
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New Mexico Proposes New Marijuana Policy
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.