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Legalizing Marijuana- What Economic Benefits Does the Act Bring Along?

Cannabis Law Report

Several states held votes for determining the legal marijuana industry’s future in one form or the other. Pulling a leaf out of Colorado’s book- four states like New Jersey, Montana, South Dakota, and Arizona made curious decisions. And, these involved making marijuana consumption for recreational purposes.

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NY Post Report: Gov. Hochul’s budget projects $1.25 billion in revenue from cannabis sales over 6 years

Cannabis Law Report

New York is set to reach new highs starting in 2023 — thanks to legalized pot. billion in new revenue from legal marijuana sales during the next six years, according to the fiscal 2023 spending plan unveiled Tuesday by Gov. NY Post writes. The state plans to reap more than $1.25 Kathy Hochul. billion budget. billion budget.

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Study finds cannabis use reaches ‘historic highs’ among college students

The Cannigma

The West includes the West Coast, which is made up entirely of legal cannabis states, while the Northeast includes legal cannabis states such as Massachusetts and Maine. The South, with the exception of a few legal state cannabis programs, remains the region with the least pro-cannabis laws on the books.

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Maryland House Speakers Supports Putting Cannabis Legalization to Public Vote Next Year

SpeedWeed

RICHMOND, Virginia, July 19, 2021 – PRESS RELEASE— Governor Ralph Northam announced appointments to the three newly-created boards responsible for overseeing the legalization of recreational cannabis in the Commonwealth. The Cannabis Control Authority (CCA) is the regulatory agency for the legal cannabis market in Virginia.

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How to name a strain

Illinois News Joint

Legalization across the Unites States has created more commercial, recreational, and medical cannabis growers than ever before, and with more growers come more breeders and strain names. Most of the time, I will catch something in a book or maybe a movie, and the name will stick. But how do you name a strain?

Strains 88
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Cannabis Legalization Discussions Continue to Heat Up in Wisconsin Following Gov. Tony Evers’ Budget Proposal

SpeedWeed

Debby Goldsberry Executive Director, Magnolia Wellness, FLOR Co-Founder, Berkeley Patients Group collective . She co-founded the Berkeley Patients Group (BPG) medical cannabis collective in 1999, directing its growth for more than 11 years. The post Cannabis Legalization Discussions Continue to Heat Up in Wisconsin Following Gov.

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Back to the BRC: “The ability to tax cannabis is one of the main political reasons given to support recreational legalization. A successful tax system will need to raise money to pay for increased education, public health and enforcement costs associated with marijuana cultivation and use.”

Cannabis Law Report

While we could devote a book length article to a present day critique of that report we are going to limit our thoughts to a review of the Tax Policy component of the report which appears on pages 48 through 56. The ability to tax cannabis is one of the main political reasons given to support recreational legalization.