Legal News
California Ends Cannabis Cultivation Tax
The cultivation tax no longer applies to harvested cannabis entering the commercial market in California. Governor Gavin Newsom signed Assembly Bill 195 into law, which eliminated this tax as of July 1, 2022, as part... more »
Illinois Awards 48 Craft Grow Licenses
The Illinois Department of Agriculture (IDOA) has awarded 48 craft grow licenses, completing the licensing round that began in December of 2021. As of June 1, 2022, the Department of Agriculture has awarded a total... more »
Rhode Island Legalizes Recreational Cannabis
Rhode Island is now the 19th state to legalize adult-use cannabis. Governor Dan McKee signed into law the Rhode Island Cannabis Act on May 25. Under the new law, possession and home-growing of cannabis is now legal... more »
Newly Signed New York Law Allows Hemp Growers to Cultivate Cannabis
New York Gov. Kathy Hochul has signed legislation (Senate Bill S8084A) creating a new Conditional Adult-use Cannabis Cultivator license, establishing a pathway for existing New York hemp farmers to apply for a conditional license to... more »
Cannabis, Hemp Regulation in Michigan Consolidated to One Agency
Governor Gretchen Whitmer has taken action to consolidate the regulatory bodies within the State of Michigan that oversee cannabis and hemp processing, distribution, and sale to improve efficiency. These administrative changes will help the state... more »
Medical Cannabis Legalized in Mississippi
Mississippi Gov. Tate Reeve signed the Mississippi Medical Cannabis Act (SB 2095) into law on Feb. 2. The Senate passed SB 2095 in a 46-5 vote on Jan. 13, and the House passed the bill... more »
National Defense Bill Moves Forward Without SAFE Banking Provision
The U.S. House Rules Committee recently held a hearing on Dec. 7 where the FY22 National Defense Authorization Act (NDAA) was not amended to include the SAFE Banking Act. U.S. Rep. Ed Perlmutter (CO-07) released... more »
Credit Union Associations Urge Cannabis Banking Reform
Three credit union associations have partnered in a letter sharing their support for the Secure And Fair Enforcement (SAFE) Banking Act that was included in the House version of FY2022 National Defense Authorization Act ahead... more »
