Remove 2023 Remove Collective Remove Consumption Remove Topical
article thumbnail

The Week in Weed: January 20, 2023

The Blunt Truth

Fast forward to 2023, and we’re still waiting for those regs. Now users in California, Colorado and Puerto Rico will see ads for FDA approved pharmaceuticals with CBD and topical, hemp-derived products with less than 0.3% Would you like to stay in a hotel that allows cannabis consumption, including smoking?

article thumbnail

Report: Gen Z Would Rather Smoke Cannabis Than Consume Alcohol

Veriheal

The American marijuana industry was worth about $57 billion in 2023 and is projected to reach $444 billion by 2030, a staggering growth that reflects it as the fastest-growing industry anywhere in the world. Cannabis use is increasing all around the world. Interestingly, Gen Z’s love of flower is also reflective of societal impacts.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Washington: WSLCB Publish Their 2019 Cannabis Topics & Trends Alerts

Cannabis Law Report

Licenses are to report both the calculated tax amount and the amount of additional collected tax. When remitting the marijuana excise tax to the LCB, the greater of the collected vs. calculated is to be paid. The collected marijuana excise tax may be paid by check, cashier’s check, money order or electronic funds transfer. .

Topical 65
article thumbnail

Weed in the Workplace – Marijuana Roundup

Cannabis Law Report

Marijuana was once again one of the hottest legislative topics across the nation in 2021, and while some states’ new legislation provided greater protections to employers with drug-free and/or zero-tolerance policies, others took a more employee-friendly approach. Puerto Rico.

article thumbnail

Tax Foundation Commentary On States Reform Act – “Republican Cannabis Bill Would Tax by Category”

Cannabis Law Report

topicals and cosmetic products (20 units). For example, if in fiscal year 2023 cannabis flower’s removal price is $50 per pound (454 grams), cannabis businesses would pay $1.50 Levying a federal excise tax on recreational cannabis to internalize externalities associated with consumption can be legitimate if the tax is well designed.

Retail 52
article thumbnail

You can now get a license to grow and sell cannabis from the state of California

Meadow

I don’t really know, as Hezekiah was alluding to on the collective question, people have to have their come-to-Jesus moment. Next thing we have here is that there is no regulation on onsite consumption at a retailer. One a consumption retail license that would allow for edible products only. Or do they continue to operate.

article thumbnail

Hemp, Inc. Announces Microcap Daily Article Names Company Among ‘Most Active’ in Small Caps

Cannabis Law Report

According to executives, The King of Hemp Store will carry as hemp shirts, pants, hemp denim jeans , jackets, backpacks, purses, handbags, topicals, shampoos, conditioners and a variety of cannabidiol (CBD) and CBG products such as flower. billion through 2023, according to the Brightfield Group. s activities around the country.

Hemp 59