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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]. states have enacted legal state cannabis programs. billion in 2019 to $26.3

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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. Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. of the population enrolled.

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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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Leading Cannabis Gift Card Program Provider, Birchmount Network, Closes $2.5M in Seed Round of Funding

Cannabis Law Report

The capital will also be used to optimize marketing efforts, grow its team with operational talent and support the growth of cannabis companies by providing robust, compliant gift card programs and related marketing services. The company will power programs for roughly 500 dispensaries across the U.S. and Canada by year-end.

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Khiron Opens First clinic in Europe with Zereniaâ„¢ 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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California: Starting April 1st, Cannabis Operators Face CEQA Compliance Requirements for State Licenses

Cannabis Law Report

For many in the cannabis industry, April 1, 2022 is seen as a day of reckoning following the July 2021 passage of Assembly Bill 141 and Senate Bill 160 (collectively, the Cannabis Trailer Bill). In an attempt to transition to an annual licensure program, April 1 st marked the beginning of the end for provisional cannabis licensure.

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iAnthus Announces Closing of Recapitalization Transaction, $25 Million Additional Financing and Other Corporate Updates

Cannabis Law Report

Ellis joined the Company on December 5, 2019 as part of the formation of the Company’s independent Board. “Speaking on behalf of the entire iAnthus team, we have been very fortunate to have both Michael and Diane on the Board for the last two and a half years. Long-Term Incentive Program. Both Mr. Muldowney and Ms.

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