CannaMD

FEBRUARY 22, 2021

2020 was yet another watershed year for cannabis legalization, with more and more states voting to legalize medical and/or recreational marijuana. Opponents of the movement, however, allege that legalization will result in increased marijuana use among teenagers. Underage Marijuana Use Statistics. California.

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Canna Law Blog

FEBRUARY 28, 2022

businesses are marijuana related businesses (MRBs). Over eight years ago, the Financial Crimes Enforcement Network published the FinCen Memorandum of February 14, 2014 (“FinCen Memo”). This includes the federal government itself, which collects billions of dollars from these businesses annually through IRS payments.

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SpeedWeed

MARCH 12, 2021

As recently as 2014, the vast majority of medical and recreational cannabis sold in Colorado was flower and only 11% was the high-potency concentrates consumed through dab rigs or vape pens. They don’t make cannabis products like they used to, and there’s an increasing number of Colorado lawmakers who think that’s problematic.

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FloridaMarijuana.net

JUNE 27, 2018

“Two puffs were sufficient to reduce ratings of depression and anxiety, while 10+ puffs produced the perceived reduction in stress,” reads the results section of a recent study on medical marijuana, published by the Journal of Affective Disorders. Medical Marijuana vs. Antidepressants.

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Cannabis Law Report

JULY 9, 2021

In a large-scale study led by the Marijuana Policy Project, the organization compiled information from all 19 states that legalized recreational marijuana, as well as Washington D.C. In just 11 states and a few years at most—as cannabis sales began in 2014 in Colorado and Washington for the first time in the U.S.—legal

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The Blunt Truth

JANUARY 5, 2024

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. COLORADO January 1, 2014 marked the opening of Colorado’s retail market for adult-use cannabis. Since that time, the industry has taken in $15 billion in revenue, with the state collecting $2.6 million in taxes and fees.

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The Joint Blog

MARCH 24, 2021

Colorado voters officially legalized marijuana in November, 2012 through the passage of a constitutional citizen’s initiative, and less than two years later – in 2014 – legal marijuana stores began opening their doors. ” Since 2014, more than $426.4 ” Since 2014, more than $426.4

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Cannabis Law Report

JUNE 7, 2021

The amount of THC in a person’s system after consuming marijuana is not an accurate predictor of impairment, a federally funded study has determined. Read more at Marijuana Moment. Testing People For Marijuana Impairment Based On THC Levels Is ‘Not Reliable,’ Federally Funded Study Finds. April 5, 2021.

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Cannabis Chronicles

JANUARY 4, 2019

Downtown Vancouver’s Main Street Marijuana has consistently held an unbeatable lead as the state’s highest-selling recreational cannabis store, and it’s quickly approaching a major milestone: passing $100 million in total lifetime sales. According to a board report, the state took in $319 million in marijuana revenue in 2017.

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SpeedWeed

MAY 25, 2021

Researchers collected data from the 2019-2020 National Health and Resilience in Veterans Study, a national survey that asks veterans to self-report their physical and mental health as well as their recent substance use. In 2014, the last time that researchers estimated veterans’ cannabis use, that rate was only 9 percent.

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The Herb Collective

JUNE 25, 2018

With the cannabis industry growing and more states adopting to legalize the use of marijuana, whether for medical use, recreational use, or both, more people are keeping up with trends than ever before. Here are 40 unbelievable statistics on marijuana: Marijuana Cultivation 1. Source: Mother Jones) Medical Use of Marijuana 4.

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SpeedWeed

MAY 27, 2021

States that have legalized adult-use marijuana sales have seen billions of dollars in fresh tax revenue from cannabis, according to a new study. The recently published research, which comes courtesy of the Marijuana Policy Project , found that, as of this month, “states reported a combined total of $7.9

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The Cannigma

JULY 24, 2022

Back when the US was still a collection of colonies under British rule, South Carolina had a booming industrial hemp industry. South Carolina medical marijuana program. The most recent medical marijuana bill , introduced in 2021, would have created a program, albeit a restrictive one. Cannabis in South Carolina.

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Cannabis Chronicles

JUNE 27, 2019

After last year’s elections, the council began rethinking the ban, which has been in place since 2014. During the meeting, commissioners expressed concern about public engagement, opposition to legal marijuana in north Clark County and if the regulations were too restrictive. She said these grows are difficult to inspect.

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Cannabis Law Report

OCTOBER 23, 2021

Colorado collected $410 million in cannabis excise tax es in FY 2021 from a 15 percent wholesale tax and 15 percent retail tax. An annual tax increase of $87 million represents an approximately 21 percent increase in tax collections compared to FY 2021 figures. The state is on track to collect less than $10 million this calendar year.

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Cannabis Law Report

MARCH 10, 2022

(AP) — The New Mexico Supreme Court has last stand a lower court ruling that found cannabis purchases by medical marijuana patients should not be subject to gross receipts tax. The case stemmed from requests for tax refunds by producers in 2014 and again in 2018. Court: Medical Marijuana Can’t Be Taxed In New Mexico.

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The Cannigma

JANUARY 12, 2022

When medical marijuana was legalized on the islands in 2019, Governor Albert Bryan Jr. announced that legalization for recreational use would soon follow, as the Islands sought to establish themselves as a marijuana tourism destination. Virgin Islands medical marijuana laws. Non residents are allowed up to three ounces.

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Veriheal

SEPTEMBER 21, 2021

billion in 2014 to $20.6 Solomon’s, Incredibles, Rhythm, and The Feel Collection. billion and was formerly known as Tweed Marijuana Inc. Alaska was the first state to legalize both medicinal and recreational cannabis in 2014 and the changes in perceptions of cannabis are calling for more to follow suit. . billion in 2020.”

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The Cannigma

MARCH 2, 2021

Published in Health Communication in February, the study examined Reddit conversations in which veterans discussed marijuana use, and concluded that “in studying veterans’ open Reddit conversations, one of this study’s most important findings is that the doctor-veteran relationship needs improvement.”. “If ’ (Shutterstock).

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The Herb Collective

DECEMBER 28, 2018

Every state has its own laws about marijuana. Some states do not allow for any use of marijuana, so it is always illegal. Other states allow for the use of medical marijuana. And, other states allow people to use marijuana for recreational use. Just like many other states, it is illegal to use marijuana and drive.

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Canna Law Blog

JULY 14, 2019

The Agriculture Improvement Act of 2018 (“ 2018 Farm Bill ”) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (“CSA”) and by providing a detailed framework for the cultivation of hemp. In 2016, the Control Regulate and Tax Adult Use Of Marijuana Act (or “Prop.

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SpeedWeed

JULY 29, 2021

SB 21-111 explains that $4 million would be set aside to help the office operate, paid by the state’s marijuana tax cash fund to be placed in the marijuana entrepreneur fund. In total cannabis sales since recreational cannabis launched in 2014, the state has collected $10,940,865,212. View original article.

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Canna Law Blog

JULY 7, 2020

.” Essentially, banking regulators are saying that financial institutions should treat “hemp-related businesses” like any other business when it comes SAR filings (unlike state-licensed cannabis businesses, which have their own special SAR filing system under the 2014 guidelines). ” No surprises there. ”; and.

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The Cannigma

JULY 28, 2021

Marijuana and creativity: What the research says. In a 2014 randomized control trial , researchers gave 18 people high doses of 22mg of THC and an equal number low doses of 5.5mg. Countless teenagers in North America and beyond first read this 1957 Jack Kerouac novel around the same time they first tried marijuana.

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The Joint Blog

JULY 20, 2020

According to a new report by The Denver Post, marijuana sales in Colorado set a new monthly record in May. The sales in May break a record that’s been in place since legal sales begin way back in 2014. This is based on data from the Department of Revenue’s Marijuana Enforcement Division.

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Cannabis Law Report

JULY 2, 2021

CFA to Issue Recommendations for Federal Regulation of Legal Marijuana. For the first time since Congress agreed with the Nixon Administration in 1970 to outlaw the possession, sale and manufacture of marijuana and marijuana-related products, congressional leadership has recently signaled a willingness to relent on those policies.

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Cannabis Law Report

MAY 4, 2019

When major states of the United States started decriminalized marijuana, Illinois did not stand back. Medical Marijuana was declared as legal in the state of Illinois in the year 2013! However, it took more than a couple of years for the registered patients to buy themselves some medical marijuana. Traumatic brain injury.

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Cannabis Law Report

JUNE 18, 2021

Here’s what they are saying… More evidence is emerging that crash rates go up when states legalize recreational use and retail sales of marijuana. Objectives: The objective of this study was to estimate the effects of marijuana legalization on injury and fatal traffic crash rates in the United States during the period 2009–2019.

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Cannabis Law Report

SEPTEMBER 26, 2019

Deciding exactly how to divvy up revenue collected by the state would be up to the Legislature, and there’s no guarantee a marijuana legalization bill will ultimately pass both the House and Senate during next year’s 30-day session. But some state officials are already eyeing the potential legal pot windfall. “I

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The Joint Blog

JANUARY 30, 2019

These consumers collectively spend approximately $356 billion each year on cannabis across legal and illicit markets. medical marijuana patients in 2018, up 71% from 2014. The post Report: Federal Marijuana Legalization Would Create $86 Billion in New Tax Revenue by 2025 appeared first on TheJointBlog. There were 2.4

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Canna Law Blog

DECEMBER 5, 2019

As we previously explained : Commercial marijuana activity remains a federal crime, and the Bank Secrecy Act (“BSA”) generally prohibits financial institutions from accepting marijuana-generated dollars. That includes regularly submitting Suspicious Activity Reports (“SARs”) to the Financial Crimes Enforcement Network (“FinCEN”).

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Cannabis Law Report

FEBRUARY 19, 2022

Arkansas voters approved a medical cannabis program on November 8, 2016, and the legislature subsequently amended the program through the Arkansas Medical Marijuana Amendment of 2016. Florida first legalized the limited use of medical cannabis through the Compassionate Medical Cannabis Act of 2014.

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Veriheal

MAY 4, 2023

These countries have the collective potential to spark economic transformation across the EU, which has been bludgeoned by financial downfalls since the COVID pandemic; GDP sunk 6.3% European Cannabis Rules Leave Consumers With Limited Options A growing list of EU countries have legalized medical marijuana in recent years.

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Cannabis Info

OCTOBER 1, 2019

A recent study proves that crime charges in Denver fell after marijuana was legalized. The group analyzed Denver crime information collected from January 2013 via December 2016. Leisure cannabis gross sales began in Colorado in 2014 after legalization.

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Cannabis Law Report

APRIL 4, 2019

CNA report… A super-wealthy construction scion who ran a pro-marijuana platform ahead of Thailand’s election has emerged as a highly courted candidate as two main parties need his allegiance – and party seats – after the disputed vote. Their campaign made waves by slapping green marijuana leaves on posters.

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Canna Law Blog

NOVEMBER 14, 2019

Among these requirements is that if the producer is a business entity, the State or Tribe must collect and submit information that includes: The full name of the business, Address of the principal business, The location, full name and title of the “ key participants ”, An email address if available, and. Who is a key participant?

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SpeedWeed

MARCH 12, 2021

Salpy Boyajian joined Flower One in October of 2018 following the acquisition of NLV Organics (NLVO), a renowned consumer brand and luxury cultivator she co-founded in 2014. Debby Goldsberry Executive Director, Magnolia Wellness, FLOR Co-Founder, Berkeley Patients Group collective . Kowalski .

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