Governor Murphy’s administration is considering a phased-in tax rate for recreational marijuana following talks with Senator Nicholas Scutari, D-22nd District, according to state treasury spokesperson Jennifer Sciortino. In his budget proposal address in March, the governor announced that the state stands to realize upwards of $80 million in annual revenues from taxing legal marijuana sales in 2019: $60 million from recreational marijuana and $20 million from the expansion of the state’s medical marijuana program. View Full Post
Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. The Acting Administrator of the Drug Enforcement Administration, Robert Patterson, testified to Congress about legalizing marijuana recently. DEA Chief’s Congressional Testimony About Legal Marijuana Angered Some, Baffled Many (Entrepreneur: Latest, 18 May 2018) The nation’s top drug enforcement officer was unflinching in his opposition to legalizing marijuana and apparently not embarrassed by his complete ignorance of the relevant science. View Full Post
As Cannabis Businesses Grow, So Do Applicable Employment Laws: Part 2 Some employment laws are applicable to all businesses, such as minimum wage and hour laws. Other employment laws and regulations only kick in once a business employs a certain number of employees. Last week, we discussed when California’s sexual harassment laws kick in for cannabis employers. View Full Post
On November 8, 2016, Maine voters approved “Question 1 – An Act to Legalize Marijuana,” and joined a handful of other states, including California, to have legalized the recreational use, retail sale and taxation of marijuana. The voter-approved law would have allowed persons 21 years of age or older to use or possess up to 2½ ounces of marijuana, consume marijuana in nonpublic places (including a private residence), and grow, at the person’s residence, up to 6 flowering marijuana plants (and up to 12 immature plants). View Full Post
Lost in the rubble left by last week’s noisy collapse of H.R. 2 (the Agriculture and Nutrition Act, commonly known as the Farm Bill) are some significant developments in the United States’ progress towards legalizing the cultivation of industrial hemp. Industrial hemp is the same species as its THC-laden cousin marijuana, Cannabis Sativa L., but is cultivated differently to produce long, fibrous stalks suitable for industrial use, and to minimize the production of the characteristic flowers commonly associated with marijuana. View Full Post
Much has recently been discussed about the potential value to the cannabis industry of last Monday’s decision by the U.S. Supreme Court concerning states authorizing sports betting. Murphy v. NCAA, No. 16-476 (U.S., May 14, 2018).  For example, see “The Implications of Murphy v. View Full Post