Congressional Bill to form a Federal Marijuana Commission | Cannabis News November 2022This week, senator John Hickenlooper announced his plans to introduce a bill before #congress to form a federal marijuana commission to oversee #cannabis reform measures on the federal level. This comes as good news to those who have been pushing for more sensible cannabis policy at the national level.The proposed commission would be tasked with studying how best to regulate cannabis, taking into account the different approaches that states have taken so far. It would also be responsible for making recommendations to Congress on how to deal with issues such as taxation, licensing, and enforcement.This is a welcome development, as it shows that there is growing interest in finding a workable solution to the conflict between state and federal laws on cannabis. With the formation of this commission, we may finally see some progress on this issue.Also in the headlines, it was recently announced that Sean “Diddy” Combs is partnering with Casa Verde Capital, a cannabis-focused investment firm, to launch the largest black owned cannabis company in the world. This is huge news in the cannabis industry, as black-owned businesses are still relatively rare.#Diddy plans to purchase assets in Illinois, New York, and Massachusetts – three states that have legalized recreational cannabis. This will give the company a strong foothold in the Northeast US market.The company will focus on creating quality products and brands that appeal to a wide range of consumers. This is a smart move, as the legal cannabis industry is still in its early stages and there is a lot of room for growth.Tune into Cannabis Legalization News with host Tom Howard and Miggy420 where we discuss these stories and more.  ???? We can help with your cannabis business. Here is our Linktree.(https://bit.ly/3jHLITp) ???? Subscribe to CLN for more cannabis content! (https://bit.ly/2VJUAQr) ???? Become a member for exclusive perks! (https://bit.ly/2UavaLj)cannabis news, cannabis news 2022, cannabis news chicago, cannabis news federal, cannabis news illinois, cannabis news new york, cannabis news 2022, cannabis news missouri

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What is a #social #equity #joint #venture?Connecticut defines a Equity Joint Venture (EVJ) as a business entity, partnering with a licensed producer, DIA cultivator or dispensary facility, that is at least 50 percent owned and controlled by an individual or individuals who:Had an average household income of less than 300 percent of, or three times, the state median household income over the last 3 tax yearsAND, eitherWas a resident of a disproportionately impacted area for at least 5 of the past 10 years; ORWas a resident of a disproportionately impacted area for at least 9 years before the age of 18.(22) “Equity joint venture” means a business entity that is at least fifty per cent owned and controlled by an individual or individuals, or such applicant is an individual, who meets the criteria of subparagraphs (A) and (B) of subdivision (48) of this section;Are Equity Joint Ventures selected by lottery?No. These licenses do not have to obtain their cannabis business license through a lottery system. Instead the Social Equity Council approves the EVJ to create a maximum of two joint ventures. Sec. 27. (NEW) (Effective July 1, 2021) (a) In order to pay a reduced license expansion authorization fee as described in subsection (b) of section 26 of this act, a producer shall commit to create two equity joint ventures to be approved by the Social Equity Council under section 22 of this act and licensed by the department under this section.(b) The equity joint venture shall be in any cannabis establishment licensed business, other than a cultivator license, provided the social equity applicant shall own at least fifty per cent of such business.Read more here: https://www.cannabisindustrylawyer.com/connecticut-social-equity-joint-ventures/Get in touch with us:???? We can help with your cannabis business. Here is our Linktree.(https://bit.ly/3jHLITp)???? Subscribe to CLN for more cannabis content! (https://bit.ly/2VJUAQr)???? Become a member for exclusive perks! (https://bit.ly/2UavaLj)cannabis laws,cannabis legalization,cannabis news,weed laws,is weed legal here,where is weed legal,abc news

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Congress held a Congressional hearing to deschedule marijuana today.  Here’s what we think is the roadmap toward full legalization:1. Expand defunding DOJ from enforcing federal marijuana law,2. Pass SAFE Banking Act to allow cannabis companies to get accounts.3. Wait for states to put systems in place for regulation and distribution.4. Use CSA as protectionist policy to protect domestic cannabis market.5. drop marijuana from the CSA.Abbey G. Moffitt – a Colorado cannabis – they call it marijuana there – lawyer came on the show to discuss developments in their state.  Find her at: http://robcorry.com/team/abbey-g-moffitt-esq/If you want to talk to Tom about your adult use business – you can book his time here: https://www.cannabisindustrylawyer.com/book-consulting-session/On today’s show Tom & MIggy rundown the news of the week and welcome : Abbey Moffitt  – a Colorado Cannabis attorney.Links discussed: https://www.chicagotribune.com/news/breaking/ct-marijuana-potency-psychosis-illinois-20190706-4iexqkl7tjevbe3dyeqjikjpra-story.htmlhttps://www.nasdaq.com/article/us-marijuana-sales-should-more-than-double-to-22-billion-by-2022-cm1172879https://www.phoenixnewtimes.com/news/arizona-board-clears-cops-to-use-cbd-products-11318879https://www.courthousenews.com/indiana-companies-challenge-states-ban-on-smokable-hemp/Support the show

On August 30th, 2 medical markets were raided, the answer is probably not what you think.

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After the Farm Bill & Illinois have their laws pass, how does the regulatory maze shape up for the new Industrial Hemp market?Cannabis Attorney, Thomas Howard explains.Support the show

Buying Cannabis Seeds legally in Illinois, or your state, may be very difficult and confusing.  Is it legal to buy cannabis seeds online? Tom answers the questions to the best he can while pointing out – this is not legal advice – Sources: Don’t Blame me – it was the internet’s fault: https://www.leafly.com/news/growing/how-to-buy-cannabis-seeds-legallyhttps://www.cannalawblog.com/dea-confirms-its-cannot-regulate-all-parts-of-the-cannabis-plant/https://hort.purdue.edu/newcrop/duke_energy/Cannabis_sativa.htmlhttps://www.westword.com/marijuana/largest-marijuana-bust-in-colorado-history-claims-over-80000-plants-11355895Europe:https://www.dinafem.org/en/dna-genetics-cannabis-seeds/https://dnagenetics.com/Sensi Seeds USA:sohum-seeds: Homehttps://www.exoticgenetix.com/seedshttps://www.mephistogenetics.com/shop/seeds/Support the show