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Report: Federal Marijuana Legalization Would Create $86 Billion in New Tax Revenue by 2025

The Joint Blog

tax revenue between 2019 and 2025 and a $56 billion annual U.S. cannabis market by 2025, states the report. billion in 2025. tax revenue between 2019 and 2025 on $253 billion in sales over that period. medical marijuana patients in 2018, up 71% from 2014. and Congressman Lou Correa (D-Calif.) There were 2.4

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Canada: Ottawa has lost control of veterans’ medical cannabis program, audit finds

Cannabis Law Report

Quietly published this week, the audit’s results come amid an explosion in the number of veterans seeking reimbursement for their medical pot, from around 100 in 2014 to more than 18,000 last year — with no end to the surge in sight. And that number is expected to grow to $200 million this year and $300 million by 2025-26.

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Bloomberg Article: Cannabis Practices Sprout as Big Law Firms Follow the Money

Cannabis Law Report

billion by 2025, cannabis market research company New Frontier Data said. billion by 2025, and regulated adult-use sales are projected to top $25.1 That’s significant because when we first started the practice in 2014, there was no cannabis law, at all,” Robbins said. billion by 2028, according to Grand View Research.

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The Structure of the Global Cannabis Economy By Robert Hoban

Cannabis Law Report

By many estimates, the global cannabis economy is expected to exceed $95B by 2025. This is by and large what we’re seeing with hemp in the United States since the passage of the 2014 and 2018 Farm Bills, mainly through the extraction of non-psychoactive cannabinoids, like cannabidiol (CBD). The third lane is wellness and food products.

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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

Since 2014 when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. Washington’s voters also approved an adult-use measure in November 2012, and its first stores opened in July 2014. Here’s what they say. 46,104,922.

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First Day of Dealings for UK Cannabis Investment Company

Cannabis Law Report

billion by 2025, with the global medical cannabis market forecast to reach $148.35 He commenced his career in private practise and since 2014 he has served as a consultant for a number of TSX Venture Exchange and Canadian Securities Exchange (CSE) listed companies. billion by 2026.

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New York Medical Marijuana Guide

Cannabis Law Report

His first foray into marijuana policy took place in 2014 when he instructed the NYPD to issue tickets to (instead of arresting) people caught with possession of less than 25 grams of cannabis (this following police contravention of the 1977 law). Researchers predict that the market will be valued at $7 billion by the year 2025.