What’s Happening: July Monthly News Round-Up
As the US Senate holds its first hearing on cannabis legalization bill, Switzerland fully legalizes medical cannabis. We’re rounding up the legal cannabis industry stories we’ve been reading this last month.
US Senate holds historic first hearing on marijuana legalization bill
The U.S. Senate on Tuesday held a committee hearing on marijuana legalization for the first time in the chamber’s history but took no action.
The hearing – held by the Subcommittee on Criminal Justice and Counterterrorism – comes on the heels of last week’s introduction of the Cannabis Administration and Opportunity Act (CAOA). MJBizDaily.
Switzerland Fully Legalizes Medical Cannabis And Allows Export
Switzerland is to join other European countries that have legalized cannabis for medical purposes. From August 1, patients can get medical cannabis through a medical prescription.
The legalization also allows the export of medical cannabis for commercial purposes through the authorization companies need to request from Swissmedic, the Swiss surveillance authority for medicines and medical devices. Forbes.
House Passes Bill Permitting Weed Ads on TV and Radio
The U.S. House of Representatives this week passed a bill that would permit cannabis advertising on broadcast television and radio stations. The legislation is included as part of the Fiscal Year 2023 Financial Services and General Government appropriations bill, which was passed by lawmakers in the House on Wednesday. High Times.
KacePack awarded U.S. & Canada Patent
At KacePack, we’re committed to providing high-quality packaging solutions that not only look good but also meet regional requirements. With 5+ years of experience in the legal cannabis industry, we’ve created containers for some of the most iconic brands in North America. Today, we’re excited to announce the issuance of our first set of U.S. & Canada Patents. KacePack.
California Eliminates Cannabis Cultivation Tax
California’s regulated marijuana growers will see relief from some of the taxes that insiders say are stifling the industry with last week’s passage of a bill to eliminate the state’s cannabis cultivation tax. The legislation, Assembly Bill 195, was signed by California Gov. Gavin Newsom on June 30 after receiving broad bipartisan support in both houses of the state legislature the day before. Forbes.
- European countries led by Germany have meeting to discuss cannabis legalization
- Snapshot of U.K. Cannabis Market: 20% of Adults Have Used CBD
- Cannabis sales to kick off in NY in 2022. How you can apply to sell it
- Schumer Helps Launch Marijuana Equity Initiative In New York After Filing Federal Legalization Bill
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