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Corruption in the Legal Cannabis Industry: Temptation Facilitated by Greed and Cannabis Cultivation

Veriheal

In May 2021, he was found guilty of extorting cannabis companies and swindling investors via an app called SnoOwl, which some might say was essentially a copy of other more popular apps. This is just one example of government corruption with respect to the legal cannabis industry. million pounds of cannabis.

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Is the Future of Cannabis in Craft or Commercial Cultivation?

Veriheal

The future of cannabis seems to be drifting to mega-companies and corporations that cultivate greenery for the masses. Some would argue that the legal cannabis industry is shifting towards a craft industry very similar to beer. The demand for cannabis in the US is great. All cannabis plants do not mature at the same rate.

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California’s Local Governments Are Taking a Stand Against the Cannabis Tax ‘Crisis’

Veriheal

California’s cannabis industry is acknowledged as one of the most profitable in the United States, with the industry yielding $333 million in cannabis taxes during the second quarter of 2021. However, state lawmakers are moving at a snail’s pace to lower cannabis taxes. and manufacturing taxes to 2% from 7.5%.

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The Regulator Crackdown Begins: Cannabis Compliance Failures

Otherside Farms

It’s no secret the cannabis industry is booming. billion by the end of 2025. in particular, regulators are beginning to crack down on what has been the wild west of marijuana sales for the past two decades since the legalization of medical cannabis in California back in 1996. Take Cultivate Holdings as an example.

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Tips for Winning a Marijuana Cultivation License

The Joint Blog

In legal states, fans of marijuana have turned to cultivate their own green plant for their personal use. It’s not about marijuana cultivation but about gaining a license for marijuana cultivation. Each state has its own rules and regulations concerning marijuana cultivation licenses.

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Kelley Drye & Warren: New California Cannabis-Related Bills Make it Off the Governor’s Desk

Cannabis Law Report

On October 12, 2019, California Governor Gavin Newsom announced the following cannabis-related bills were signed into law: AB 37. Allows cannabis businesses to claim state tax deductions and credits available to other legal businesses in the state for each taxable year beginning on or after January 1, 2020, and before January 1, 2025.

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

Cannabis Law Report

Legalizing cannabis for adults has been a wise investment. billion in tax revenue from legal, adult-use cannabis sales. billion in tax revenue from legal, adult-use cannabis sales. This document reviews each state’s adult-use cannabis tax structure, population, and revenue from legalization. Here’s what they say.