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Washington State Eliminates Medical Cannabis Taxation

Canna Law Blog

In November 2012, Washington voters approved the production, processing, and retail sales of recreational cannabis within Washington state under what is known as Initiative 502 (“I-502”). Taxing medical cannabis patients the same as recreational consumers is a form of discrimination that harms their health and well-being.

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Why Is Recreational Marijuana Not Legal In Florida?

LifeCannMD

that have legalized recreational marijuana. Recreational Cannabis sales are big business in the U.S. By 2024, that number will be close to 25 billion dollars. Groups such as Make It Legal Florida have been working to collect enough signatures that would result in putting the legalization of recreational use on the 2022 ballot.

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California Governor Proposes a Cannabis Tax Reduction in an Effort to Shore Up the Legal Market

Cannabis Law Report

The 15% excise tax on cannabis sales would remain, and the collection and remittance of that tax would be limited to retail sales beginning January 1, 2023. per ounce of fresh cannabis plant, and these taxes are paid on all recreational and medicinal cultivation of cannabis. Currently, the cultivation tax rates are $10.08

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These Top Valuable Cannabis Companies are Worth a TON

Veriheal

Yahoo Finance has compiled a list of the most valuable cannabis companies in the world and has explained that the recreational market is “outpacing” the medicinal one as the “world public opinion towards the consumption of weed is changing.” include Beboe, Dogwalkers, Dr. Solomon’s, Incredibles, Rhythm, and The Feel Collection.

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RYAH Group Ships Devices for Use in Pilot Program with Medicann in Jersey, Channel Islands

Cannabis Law Report

Medicann is a premier cannabis-specialized clinic, providing patients with access to local specialist doctors and pharmacists that have experience prescribing cannabis-based medication. By 2024, the medicinal cannabis market within the United Kingdom is predicted to be worth nearly US$1.3 in real terms to £4.97

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Virginia: Northam announces appointments to 3 boards that oversee cannabis legalization in Virginia

Cannabis Law Report

On July 1, recreational marijuana became legal for adult use in Virginia. Creighton of Richmond, Co-Founder, The Jackson Ward Collective. million in 2024 and $38.4 WTKR reports. Governor Ralph Northam announced appointments to the three newly-created boards that oversee marijuana legalization in Virginia.

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Understanding Maryland's New Adult-Use Cannabis Legislation

Peninsula Alternative Health

With the recent passage of House Bill 556 and Senate Bill 516 in Maryland, the legalization of adult-use recreational cannabis is set to begin on July 1, 2023. The law includes provisions to ensure that registered patients continue to have access to their necessary medication, such as patient-only operating hours and product availability.