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

Cannabis Law Report

In the 2019 and 2020 fiscal years, state officials reported that revenue from the 37% cannabis retail tax outpaced alcohol tax revenue, despite the fact that many more adults consume alcohol than cannabis. The city of Denver, for example, applies an additional 5.5% local sales tax on adult-use cannabis and has collected $237.5 46,104,922.

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New York Medical Marijuana Guide

Cannabis Law Report

Researchers predict that the market will be valued at $7 billion by the year 2025. And according to a Nielsen analytical report , the US market of legal marijuana will reach $41 billion in revenue by 2025, meaning that New York will make up close to 17% of the market share. In 2018, the New York legal cannabis market reached $1.8

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Oregon Cannabis Proposals Could Dramatically Reshape Industry

Cannabis Law Report

Many state policymakers fail to understand this dynamic, which recently resulted in the Minnesota Legislature accidentally legalizing edibles containing up to 50 milligrams of delta-9 THC per package, as some state legislators failed to understand that legalizing hemp-derived cannabinoids included delta-9 THC that falls at or below the 0.3%

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MPP Report: Marijuana Tax Revenue in States that Regulate Marijuana for Adult Use

Cannabis Law Report

In the 2019 and 2020 fiscal years, state officials reported that revenue from the 37% cannabis retail tax outpaced alcohol tax revenue, despite the fact that many more adults consume alcohol than cannabis. The city of Denver, for example, applies an additional 5.5% local sales tax on adult-use cannabis and has collected $210.6 46,104,922.

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World Cannabis Market Investments at a Glance

Cannabis Law Report

Currently, the development of effective drugs based on CBD for the treatment of Alzheimer’s disease, dementia, diabetes, and epilepsy is underway. External use allows the production of creams and cosmetics for skin care, balms for muscles and joints treatment, cosmetics for bathing, hair care products. In 2018, the U.S.

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Meritas Law Firms Worldwide Article: Global Cannabis Industry: The Essential Primer

Cannabis Law Report

Retailers such as Walgreens, CVS, Rite Aid, Kroger, Safeway, Nordstrom, and DSW are selling or plan to sell CBD-infused topical lotions, cosmetics, and even edibles where they are legally able to do so. billion in 2025, according to Grandview Research. the form the finished product can take (edibles, topicals, etc.).

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