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New York Medical Marijuana Guide

Cannabis Law Report

The Department of Health conducted a formal study on this topic in 2018. In 2018, the New York legal cannabis market reached $1.8 In 2018, the New York legal cannabis market reached $1.8 Researchers predict that the market will be valued at $7 billion by the year 2025. Current situation and fight for recreational use.

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Article: General Counsel’s Corner: Cannabis and the Campus

Cannabis Law Report

Bush’s national drug control strategy, Congress passed legislation to require schools, colleges and universities to implement and enforce drug and alcohol prevention programs and policies as a condition of eligibility to receive federal funds and assistance. Certification Requirements. or less THC, from the list of controlled substances.

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Article: Who is Impacted if Marijuana is Reclassified as a Schedule II Drug

Cannabis Law Report

The pharmaceutical industry would likely have significant opportunities to develop new cannabinoid-based drugs for a multitude of medical conditions now being addressed by medical marijuana. Medical marijuana has been legal in all of Canada since 2001 and recreational marijuana will be up and running in October, 2018. xxv] [link].

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Harborside Announces Business Combination with Urbn Leaf and Loudpack Creating StateHouse Holdings, a Leading California Cannabis Company

Cannabis Law Report

billion by 2025[3]. StateHouse will have a unique ability to navigate the operating challenges in the state and capitalize on the combined potential of the businesses we are acquiring. Terms and Conditions. California is one of the world’s largest legal cannabis markets, with sales expected to reach US$7.4

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Are Sky-High Cannabis Valuations Reined in by Federal Tax Law?

Cannabis Law Report

Players in the cannabis space already understand that federal tax law as currently structured extracts a far greater tax bite from marijuana businesses than corresponding companies, as cannabis companies are prohibited from deducting their business expenses from gross income. Of course, with U.S. cannabis sales expected to grow by nearly 2.5x

Law 52
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Section 280E and The Taxation of Cannabis Businesses

Cannabis Law Report

The marijuana industry has grown substantially in recent years and is projected to take in more than $25 billion annually by 2025. This revenue growth has been driven by an increasing number of states opting to legalize marijuana. 15] Thus, the purchase and sale of cannabis constitutes trafficking even when permitted by state law. [16]

Business 105
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Village Farms International Acquires 70% of Québec-Based ROSE LifeScience, a Leading Vertically Integrated Branded and Third-Party Supplier to the Québec Cannabis Market

Cannabis Law Report

In conjunction with the acquisition, Village Farms and the Management Shareholders have entered into an agreement providing Village Farms with a pathway to acquire the Retained Interest upon the occurrence of certain triggering events prior to March 31, 2025. Based on data as at August 31, 2021. regarding obtaining and maintaining?licenses?required?under