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Hemp Consumer Products Act transforms Illinois regulations

Illinois News Joint

The battle over hemp regulations in Illinois shifted significantly today when Senate Amendment 002 was included into unrelated House Bill 4293 , which addresses the Massage Licensing Act and the Sex Offender Registration Act. The Hemp Consumer Products Act was referred to Executive , where the amendment was recommended for adoption.

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Illinois Hemp regulation battle continues

Illinois News Joint

Stakeholders’ ongoing battle over hemp regulations in Illinois continued this week. Lakesia Collins renewed their call to move forward with their proposals for hemp regulations and taxation ( House Bill 5306 , House Bill 4161 , and Senate Bill 3790 ). New sponsored legislation from Sen. Kimberly A. La Shawn K. Ford and Sen.

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Hemp CBD Across Europe: The United Kingdom

Canna Law Blog

The enactment of the 2018 Farm Bill and the legalization of hemp and hemp derivatives, including cannabidiol (“CBD”), has led to a massive CBD craze in the United States. According to a recent study by Cowen , the sales of these products are expected to reach $16 billion by 2025. Hemp CBD Products. Hemp CBD Foods.

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Hemp CBD Across Europe: Spain

Canna Law Blog

The enactment of the 2018 Farm Bill and the legalization of hemp and hemp derivatives, including cannabidiol (“CBD”), has led to a massive CBD craze in the United States. According to a recent study by Cowen , the sales of these products are expected to reach $16 billion by 2025. Spain has a long history of hemp production.

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Charlotte’s Web CBD Banned by British Regulators

Veriheal

The lack of regulation has raised concerns about consumer safety. Research commissioned by the Centre for Medicinal Cannabis pinned a £1 billion valuation on the CBD market by the year 2025. The brothers boast years of experience in hemp cultivation. CBD sales. . About Charlotte’s Web CBD. THC is legal in the U.K.

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Quick Guide to Cannabis Business Opportunities

Canna Law Blog

billion from 2020 to 2025 at a CAGR of 21.74%. Some examples of plant-touching businesses include: Cultivation and breeding: Cultivators and breeders are essential parts of the industry. For states where recreational use is still illegal, industrial hemp is a suitable substitute.

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Kelley Drye & Warren: New California Cannabis-Related Bills Make it Off the Governor’s Desk

Cannabis Law Report

Allows cannabis businesses to claim state tax deductions and credits available to other legal businesses in the state for each taxable year beginning on or after January 1, 2020, and before January 1, 2025. Authorizes a laboratory testing cannabis or cannabis products to amend a certificate of analysis to correct minor errors.