New York Governor Hochul Vetoes Bill to Extend Tax Deadlines for New York Marijuana Cultivators and Processors

New York Governor Kathy Hochul has vetoed Assembly Bill 10196, which sought to allow licensed marijuana cultivators and processors the option to pay the state’s 9% excise tax annually instead of quarterly.

Introduced in May by Assemblymember Donna Lupardo, the bill passed the Assembly with a vote of 117 to 27 and the Senate with a vote of 52 to 9. It was sent to Governor Hochul’s desk on December 12 but was vetoed this week.

Under current law, cannabis growers and processors must file quarterly tax returns, with payments due on the 20th day of the month following each quarterly period. Assembly Bill 10196 proposed amending Section 495 of the state’s tax law to allow distributors to opt for annual electronic tax filings and payments. The change would have taken immediate effect upon enactment.
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Oregon Continues to Have the Cheapest Legal Cannabis Prices in the U.S., Followed by Michigan and Massachusetts

Marijuana prices across the 23 states with legal recreational sales remain strikingly inconsistent, reflecting a range of local factors including regulations and tax structures.

Using the most recent data from state regulatory agencies and the research firm Headset, this article highlights the states where consumers can find the lowest average prices for marijuana. Prices are based on the average cost of a gram of dried marijuana flower.

These are the legal marijuana states offering the cheapest prices per gram of dried flower:
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California Officials Releases List of Pesticide Products That Meet California’s Criteria for Legal Use on Cannabis

The California Department of Pesticide Regulation (DPR) has released a list of about 100 pesticide products that meet California’s criteria for legal use on cannabis.

Since cannabis is illegal under federal law, there are no pesticide products registered for use specifically on cannabis, notes the DPR in a press release. When cannabis was legalized in California, DPR identified criteria for legal pesticide use on cannabis cultivation in the state. A pesticide meets these criteria if the active ingredients found in the product is:
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New York Governor Signs Bill Recognizing Marijuana as an Agricultural Commodity

New York Assembly Bill 1234, which includes marijuana in the legal definition of crops, livestock, and livestock products, has been signed into law by Governor Kathy Hochul.

The legislation passed overwhelmingly in both legislative chambers earlier this year, with a 58-3 vote in the Senate and a 141-3 vote in the Assembly. Filed by Assemblymember Donna Lupardo in January 2023 with 21 bipartisan cosponsors, the measure amends Section 301 of New York’s agriculture and markets law to formally recognize marijuana as an agricultural commodity. This aligns it with other crops like fruits, vegetables, and grains under state law.

The bill’s text, spanning just a single page, modifies existing legal language to include marijuana as defined by New York’s marijuana law. Advocates believe this change will provide clarity for farmers and stakeholders in the marijuana industry, granting them access to agricultural resources and protections available to other commodity producers, including giving them the same property tax benefits.
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Top Marijuana Studies Published in 2024

Despite marijuana remaining a Schedule I drug on the federal level, 2024 has been a huge year for marijuana research.

As marijuana moves closer to being rescheduled to Schedule III, the potential for easier and more comprehensive research on marijuana and its compounds appears to be on the horizon. While this change has not yet been finalized, 2024 has still proven to be a pivotal year for marijuana research.

With that in mind, below are some of the most notable marijuana studies published in 2024, in no particular order.
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Canada: CA$456 Million in Legal Marijuana Sold in October, CA$4.3 Billion Year-to-Date

There was over CA$450 Million worth of marijuana and marijuana products sold legally in Canada in October, a slight increase from the previous month.

According to data released by Statistics Canada, the nation generated CA$456.27 million in legal marijuana sales, an increase from the CA$451 million sold in September. Ontario had the largest share of marijuana sales for the month with CA$177 million sold. Alberta came second in sales with CA$82 million, followed by British Columbia at $68 million and Quebec at $59 million.

The year-to-date total for marijuana sales in Canada is now around $4.3 billion, resulting in over $800 million in tax revenue.
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Delaware Conducts Marijuana License Lottery, Awarding 15 Retail Licenses

Today, the Office of the Marijuana Commissioner (OMC) conducted a public license lottery to select applicants in the Open Retail category for Delaware’s regulated marijuana industry.

(Photo credit: Shutterstock)

This event marks “a significant milestone in fostering a fair and transparent licensing process, ensuring equal opportunities for businesses to participate in the state’s growing marijuana sector”, according to an OMC press release. In total, OMC issued 15 licenses during today’s lottery.

Distinguished guests from the Delaware General Assembly and oversight bodies, along with independent auditors, were present to witness the proceedings and uphold the integrity of the process.
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Illinois: November Marijuana Sales Reach $172.8 Million, Most in 2024

In November, there was over $172 million worth of marijuana and marijuana products sold legally in Illinois

The $172.8 million in legal marijuana sales in November was more than any other month in 2024, according to the Illinois Cannabis Regulation Oversight Officer. This brings the year-to-date total to nearly $1.7 billion.

Of the $172.8 million in marijuana sold in November, $149.3 million was purchased for recreational use, with medical marijuana patients purchasing $23.5 million worth of product. $32 million of the recreational marijuana sold was purchased by those living outside of the state.
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Clinical Trial Finds Marijuana Oil Associated With Significant Improvements in Pain and Quality of Life

In a new study published in the Journal of Southeast Asian Orthopaedics, marijuana oil significantly reduced knee pain and improved quality of life in subjects suffering from treatment-resistant osteoarthritis.

Conducted by researchers from Srisangworn Hospital in Thailand, the study evaluated the “effectiveness of cannabis oil in treating severe knee osteoarthritis in patients awaiting total knee arthroplasty”.

For the study, 32 patients with severe knee osteoarthritis, unresponsive to conservative treatment, were enrolled and divided into two equal groups. The control and experimental groups received syrup and cannabis oil, respectively, at night for 30 days. Pain and quality of life (QOL) were assessed using the Numeric Rating Scale (NRS), and the Knee Injury and Osteoarthritis Outcome Score (KOOS), respectively. Liver and kidney functions were also assessed.
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Kentucky: Over 220 Doctor and APRN’s Registered to Recommend Medical Marijuana, Over 2,400 Certifications Given

There’s now over 220 doctors and APRN’s (Advanced Practice Registered Nurse) registered to prescribe medical marijuana, with over 2,400 certifications already issued since December 1.

During his Thursday weekly “Team Kentucky” update, Governor Andy Beshear confirmed that more than 220 doctors and APRNs across the Commonwealth have already registered to become official practitioners who can prescribe cannabis to their patients.

Since December 1, Beshear said more than 1,800 Kentuckians have received written certifications for medical cannabis, with 2,480 total certifications issued. A strong majority of these certifications (55%) were issued for chronic pain, with 24% issued for post traumatic stress disorder, 8% for multiple sclerosis, 5% for cancer, 3.5% for chronic nausea, and 2.5% for seizure disorders.
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