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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. The New Frontier Data State of the Cannabis Union 2019 is now available for free download at the following link: [link]. billion in 2019 to $26.3 billion in 2025. and Congressman Lou Correa (D-Calif.)

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United Cannabis Corporation v. Pure Hemp Collective, Inc., Case No. 1:18-cv-01922 (D. Colo.)

Cannabis Law Report

In 2018 United Cannabis Corporation (“UCANN”) filed the first cannabis patent infringement lawsuit against Pure Hemp Collective, Incorporated (“Pure Hemp”) in the United States District Court of Colorado. [1] billion in 2019. [6]. Pure Hemp Collective, Inc., Pure Hemp Collective, Inc., Pure Hemp Collective, Inc.,

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

Cannabis Law Report

Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. local sales tax on adult-use cannabis and has collected $237.5 This document reviews each state’s adult-use cannabis tax structure, population, and revenue from legalization. million as of November 2021.

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Global Industrial Hemp Market Size to Grow Value of USD 9.64 Billion By 2025: Zion Market Research

Cannabis Law Report

Zion Market Research has published a new report titled “Industrial Hemp Market by Product (Seeds, Fiber, and Shivs) and by Application (Animal Care, Textiles, Automotive, Furniture, Food & Beverages, Paper, Construction Materials, Personal Care, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”.

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Legalizing Marijuana- What Economic Benefits Does the Act Bring Along?

Cannabis Law Report

Studies show that in 2019, Colorado collected more than $302 million as fees and taxes on recreational and medical marijuana. million as aggregate federal tax revenue by 2025. A recent report shows that nationwide legalization may generate around 1 million jobs by the year 2025. It is because the sector is maturing.

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Khiron Opens First clinic in Europe with Zerenia™ Clinics UK

Cannabis Law Report

This collectively brings the Company’s total clinic count to 15 globally. Even though Germany will continue to dominate the European market for medical cannabis until at least 2024, industry consultants Prohibition Partners expect the UK medical cannabis market to show the most significant growth of any country in Europe by 2025.

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RYAH Group Ships Devices for Use in Pilot Program with Medicann in Jersey, Channel Islands

Cannabis Law Report

Medicann is launching an observational study using RYAH Smart Dry Herb Inhalers in order to collect patient feedback on consumption of cannabis strains available on the Island, including strains supplied by Aurora Europe , a subsidiary of Canadian-headquartered Aurora Cannabis Inc., In 2019, the island’s economy grew by 2.1%

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