The legal landscape for CBD products in the U.S. is in constant flux, challenging Cannabis businesses to keep pace. Behind the rapid growth sparked by the 2018 Farm Bill, there lies a labyrinth of changing regulations, testing standards, and labeling rules. Furthermore, each state has its stance on production, sales, and product allowances which adds
The campaign to legalize cannabis in Florida is alive and well, as the state’s Supreme Court ruled earlier this month that voters will be able to decide the next chapter of cannabis reform on this year’s November ballot. With an already bustling medical market, Florida’s potential move into the recreational cannabis space has been highly
Illinois lawmakers last week joined representatives of the licensed cannabis industry to call for a ban on intoxicating hemp products including delta-8 THC. Under one proposal, non-intoxicating hemp products would be regulated with rules for licensing hemp businesses and the testing and labeling of hemp products. Synthetically produced hemp products such as delta-8 THC, however,
The newest set of data released by the Michigan Cannabis Regulatory Agency (CRA) shows that the state has once again set a new record for adult-use cannabis sales. According to the CRA, the state collected $286.8 million in adult-use cannabis sales in March, which made up for 99% of all sales. In terms of product
A reel posted April 10 on Instagram went viral, warning Tesla drivers that security camera video footage—even when the car is off—can be used against you in the court of law as proof of wrongdoing, with or without a subpoena. The reel was posted by attorney Nicky Blu from The Ramcharitar Law Firm, who has
The legal cannabis industry is booming across North America, but navigating the complex taxation and compliance requirements can be a major headache for cannabis businesses. Monarch offers the ideal solution with its powerful cannabis tax software platform designed specifically for the needs of the industry. In this post, we'll provide an overview of cannabis taxation
The California Department of Cannabis Control (DCC) recently published an announcement regarding recent cannabis taskforce seizures. As of April 11, the Unified Cannabis Enforcement Taskforce (UCETF) seized over $53,620,600 in illegal cannabis during the first quarter of 2024 (spanning between January 1, 2024-March 31, 2024). Law enforcement seized 331,866 pounds of unlicensed cannabis product, destroyed
The New Hampshire House of Representatives voted last week to approve a bill to legalize recreational marijuana, marking the second time the chamber has passed the legislation. Members of the House voted 239-136 on Thursday to pass the measure, House Bill 1633 (HB1633), which would legalize pot for adults and set the stage for tightly
At Munich, Germany’s Pinakothek der Moderne museum—one of Europe’s finest modern art galleries, showcasing the priceless works of Pablo Picasso, Salvador Dalí, Joan Miró, Keith Haring, Max Ernst, and so on—a mysterious painting hung alongside famous paintings by Andy Warhol for eight hours. It was hours later by the time museum staff realized it was
Cannabis businesses must meticulously track their activities and inventory to remain compliant and optimize taxes. With frequently changing regulations across different states, keeping accurate records is both critical and challenging. Monarch offers powerful document management capabilities purpose-built for the needs of the cannabis industry. The Compliance Burden of Records Management Meticulous record-keeping is required at
