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Washington DC…Gift To “lawyers” …To Access Cannabis

Cannabis Law Report

This sleight of hand allows I-71 cannabis entrepreneurs to skirt DC’s law allowing only personal use and sale of medical marijuana. Federal law still classes marijuana as a Schedule 1 substance whose possession and sale are a felony. The Wild West of Unregulated Cannabis Retailers. We are losing our H Street vibe.”.

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Average Price of Cannabis 17% Higher Since Legalization

WeedAdvisor

According to Kelowna Capital News , the average price of illegal cannabis is 17% higher roughly three months after legalization. Kelowna Capital News explains how legalization has affected cannabis pricing: “The average price of a gram of pot has grown 17 per cent since legalization, according to Statistics Canada.

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Article: At Least We Now Know Why Weedmaps Didn’t Want to Get Rid of the Illegal Listings on Their Website

Cannabis Law Report

Weedmaps fought hard to keep the unlicensed retailers on their site for as long as they could, now we know why. Weedmaps, or now known as WM Technology on Wall Street, had a horrendous stretch of bad news and dismal financial reporting over the past few weeks.

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A Look Back at California Cannabis in 2022

Canna Law Blog

In a much more highly publicized case, Kushy Punch and some of its owners were tagged with a $128 million fine in late 2022 for alleged illicit market sales. These taxes were not collected from cultivators and retailers as one would expect, but instead from middle-men distributors, making collection and reporting a huge mess.

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Landing In Florida’s Cannabis Market: Legal Adult-Use Marijuana Could Yield $874M In 2025 – Trulieve Cannabis (OTC:TCNNF)

Medical Marijuana Program Connection

Florida’s legal cannabis spending is projected to grow at a 12% CAGR from 2023 to 2028, with total sales expected to reach $4.5 With the potential legalization of adult-use marijuana under Amendment 3, Florida’s cannabis market is set for a significant transformation. billion by 2028, positioning Florida as the second-largest.

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Weed Or Hemp? Kansas Strict THC Laws, Nebraska Cuts CBD Tax, Supply Risks In Minnesota And More

Medical Marijuana Program Connection

State law mandates hemp THC levels be under 0.3%, but the new proposal suggests imprisonment for levels above 1%. Kansas Proposes Harsh Penalties For Hemp THC Levels In Kansas, a proposed amendment could significantly impact hemp farmers by introducing severe penalties for THC content exceeding 1%. Critics argue this. Read More

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SOL Global Provides Interim Unaudited Financials for the Third Quarter Ended August 2021

Cannabis Law Report

Through this new entity, SOL Global shareholders will benefit from opportunities in new high growth sectors. Managing small cap and cannabis investments from the long side during third quarter was like playing tag in a mine field,” said Andy DeFrancesco, SOL Global’s Chairman and CEO. of the partially diluted shares outstanding.

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