Alaska

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Status

Medical and Recreational

Overview of Medical Cannabis in Alaska

Measure 8 was passed as a ballot initiative in 1998. Patients must have written recommendation from their doctor.

Possession Limit

1 oz

Overview of Recreational Cannabis in Alaska

Measure 2 was passed as a ballot initiative in 2014. Home cultivation is allowed.

Possession Limit

1 oz flower, 7 grams concentrates, or 5,600 milligrams of THC.




Hemp Status

Legal

Overview of Hemp in Alaska

Hemp was federally legalized in the 2018 Farm Bill, signed December 20, 2018.


Cannabis Inventory and IFRS Biological Assets – Inventory Records

As cannabis companies continue to move to the public markets in Canada, high quality inventory records become much more important. Not only is there greater disclosure and scrutiny of financial information, but International Accounting Standard 41: Agriculture (IAS 41) requires additional computations on biological assets (plants and all inventory derived from those plants) to bring […]

Western Delivery and Dispensaries

The Western region of the US continues to spearhead the legal cannabis movement. With Colorado and Washington being the first states to ever legalize the plant, burgeoning cannabis markets in eastern regions look to this cluster of marijuana pioneers for the latest trends. However, cannabis laws can be a little bit confusing. Although this region […]