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Report: Federal Marijuana Legalization Would Create $86 Billion in New Tax Revenue by 2025

The Joint Blog

New Frontier Data , which claims to be “the authority in data analytics and business intelligence on the global cannabis industry”,?today today announced new economic data detailing the potential impact of federal cannabis legalization in the United States. cannabis market by 2025, states the report.

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Hemp Crop Destruction and Legalization Analyzed in Recent Report

SpeedWeed

A new report from New Frontier Data delves into the average number of plants that are considered to be “hot” and what the industry could look like in the near future. New Frontier Data released new data on August 5 regarding crops and how many plants have gone “hot,” or exceeded the required limit of less than 0.3 Shutterstock.

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Americans on pace to spend twice as much on weed as on milk

SpeedWeed

Americans spent more than $12 billion on legal cannabis products in the first six months of 2021, according to data analyzed by Leafly and Whitney Economics. In 2020, sales revenue increased roughly 60% over 2019, driven by increased buying during the coronavirus pandemic. billion, and increased its 2025 forecast to $44.9

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

Veriheal

Moving forward to 2025, the economic impact is projected to achieve a value of around $160 billion. Some studies such as “ The US Cannabis Cultivation Report: 2019 Legal and Illicit Output by State “, conducted by New Frontier Data, suggest that by 2025, America could be producing an estimated 34.4

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

Cannabis Law Report

In 2019, the island’s economy grew by 2.1% billion) by 2025. RYAH is pleased to contribute RYAH’s IoT devices and data platform and work with Medicann toward perfecting prescribing practices and dosing regimens,” said Gregory Wagner , CEO of RYAH Group, Inc. in real terms to £4.97 to reach 3.2 billion euros ($3.75

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12% CAGR Growth in Hemp-based Foods Market due to the Growing Vegan Population and Cases Of Celiac Disease | Technavio

Cannabis Law Report

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Related Reports: CBD Oil Market by Product and Geography – Forecast and Analysis 2021-2025. Dairy Alternatives Market by Product and Geography – Forecast and Analysis 2021-2025.

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Khiron Opens First clinic in Europe with Zerenia™ Clinics UK

Cannabis Law Report

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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