Cannabis Law Report

SEPTEMBER 8, 2019

billion in cannabis spending by 2024. projects as the leading marijuana market in the world by sales in 2024. marijuana spending by 2024. Thus, Cresco Labs’ purchase of Origin House will give it access to more than 500 Californian dispensaries, and over 700 nationwide. billion by 2024. billion by 2024.

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Veriheal

OCTOBER 9, 2020

Cannabis legalization is happening regardless of the US federal government’s draconian stance on the subject. Despite cannabis remaining against the law on a federal level, many states have been allowing the sale, cultivation, and consumption of cannabis, with more states joining all the time.

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SpeedWeed

JUNE 6, 2021

The California Senate just granted final approval to a landmark bill that would make it legal for any adult in the Golden State to possess, use, and share almost any psychedelic drug. This group would be required to submit these recommendations by January 1st, 2024. View original article.

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Cannabis Law Report

JUNE 18, 2021

. — State lawmakers passed a bill Thursday to legalize, regulate, and tax cannabis for adult use. New Jersey and New York enacted adult-use legalization laws in December and late March, respectively. ounces of cannabis will become legal for adults 21 and older. Legal sales to adults are expected to begin in May 2022.

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Cannabis Law Report

JANUARY 23, 2020

“After taking the first steps towards the liberalization of hemp cultivation over the course of the last few years, at the end of 2018 Thailand’s government decided to legalize medical cannabis as the first Southeast Asian country. The legal and economical situation of the Thai Cannabis market. Population.

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Veriheal

OCTOBER 27, 2023

Octopuses on ecstasy, Thailand’s legalization regrets, and Gov. Newly elected Prime Minister Srettha Thavisin has expressed his intent to “rectify” the country’s cannabis laws within the next six months — possibly limiting legality to only medical use. Newsom’s psychedelic veto.

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Veriheal

MARCH 10, 2021

Virginia can now add another historical first to their list as well as boast that there is, even more, to love about Virginia now thanks to the legalization of adult-use cannabis. As sweet as it sounds, it’s not all pecan pie and sweet tea for cannabis legalization in the state. .

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Cannabis Law Report

MAY 13, 2022

Good afternoon, The Governor’s Office today released a revised 2022-23 state budget proposal, building on the state’s ongoing work to make historic investments in California’s future, including efforts to create a safe, sustainable, and equitable legal cannabis market. million to help expand access to legal retail throughout California.

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Veriheal

AUGUST 11, 2023

Highlights of the Psychedelics Bill In late 2022, Colorado voters passed Proposition 122 , decriminalizing and regulating access to certain psychedelic plants. At the time of writing, l icensed facilities are not expected to open until late 2024.

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Canna Law Blog

NOVEMBER 16, 2022

However, when the majority of cities and counties end up banning cannabis businesses, the illegal market rages on and legal access becomes a problem. 10 cultivation (indoor or mixed light only). Cultivation : $7/sf of canopy (indoor artificial light). $4/sf Cultivation : $10/sf of canopy (indoor artificial light). $7/sf

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Retail Cultivation Business Programs 79

Cannabis Law Report

SEPTEMBER 10, 2021

cannabis market when federal legalization allows. With additional authorized shares, Tilray is now able to accelerate its progress towards its goal of delivering $4 billion in revenue by the end of fiscal 2024 by taking full advantage of its competitive differentiators and executing on its strategy. Executing on Strategic Growth Plan.

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NORML

MARCH 14, 2020

Veteran Access : HR 1647, the Veterans Equal Access Act, would allow V.A. doctors to fill out the state-legal medical marijuana recommendations. Send a message to your lawmakers in support of medical marijuana access. Send a message to your lawmakers in support of access to edibles. Your Highness, Carly.

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Cannabis Law Report

AUGUST 12, 2022

Germany currently represents the largest medical cannabis market in Europe , with a total addressable market of over €200M in 2022 and expected to grow to nearly €1bn by the end of 2024 via adult-use legalization, which is slated to begin in late 2023 or early 2024.

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SpeedWeed

SEPTEMBER 8, 2021

The largest legal cannabis market in the world just had the best quarter on record. Yes, the legal market appears to be picking up steam, said Graham Farrar, the co-founder and president of Glass House Brands. And, yes, there are more and more legal cannabis consumers participating in California, he said. Bringing in $40.4

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Cannabis Law Report

NOVEMBER 23, 2021

Tilray” or the “Company”) (NASDAQ | TSX: TLRY), a global pioneer in cannabis research, cultivation, production, and distribution, today held its first Annual Meeting of Shareholders as the ‘new’ Tilray, the leading cannabis-lifestyle and consumer packaged goods company with the largest global geographic footprint in the industry.

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Veriheal

MARCH 31, 2022

New Jersey and New York — which legalized cannabis on Feb. 22, 2021, and March 31, 2021, respectively — have yet to officially get the ball rolling in terms of launching their legal markets. Kathy Hochul signed legislation establishing a conditional cultivation and processing recreational licensing structure. New York Cannabis.

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Illinois News Joint

OCTOBER 9, 2023

Provide that no person shall cultivate or grow hemp for commercial purposes unless licensed by the Department of Agriculture and subject to the rules of the Department. Provide that the Department of Agriculture may not limit the number of hemp farm licenses. Provide that hemp farms may not create hemp extractions without a processor license.

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Hemp Cannabinoids Safety Retail 81

Cannabis Law Report

AUGUST 29, 2021

Together, we made a bold bet that: The strong trends towards cannabis legalization and broader consumer reach in our three key markets – Canada, International and the U.S. This is the foundation that will be so essential to getting us from our current combined retail market share in Canada of 16% to our goal of 30% share by fiscal year 2024.

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Veriheal

FEBRUARY 1, 2022

In April of 2021, outgoing Governor Ralph Northam of Virginia signed a bill that legalized adult-use cannabis in the state. Under this legislation, adults over the age of 21 are able to possess and cultivate cannabis for their own personal use. Cannabis Commercialization in Virginia: Much Work to be Done.

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Veriheal

DECEMBER 7, 2022

With the plant’s legal status confined by the federal Controlled Substances Act (CSA ) boundaries, cannabis stores are still operating illegally. Based on federal law, anyone who cultivates, sells, consumes, possesses, distributes, or transports the plant will face criminal prosecution in federal court. . Billion Annually.

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Business Banking Advocacy Cannabis 99

Veriheal

SEPTEMBER 21, 2021

that have legalized both medical and recreational cannabis, while an additional 18 have legalized medicinal use of cannabis only. has 126 dispensaries and 22 cultivation facilities across 11 states. Legalization Will Bring More Investment Opportunity. They go on to explain that there are currently 18 states in the U.S.

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SpeedWeed

JULY 19, 2021

RICHMOND, Virginia, July 19, 2021 – PRESS RELEASE— Governor Ralph Northam announced appointments to the three newly-created boards responsible for overseeing the legalization of recreational cannabis in the Commonwealth. The Cannabis Control Authority (CCA) is the regulatory agency for the legal cannabis market in Virginia.

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Cannabis Law Report

JULY 28, 2022

As a first in UK media, the investment would give Cannaray’s flagship wellness CBD brand access to a “high-reach upmarket TV audience” in the UK. Moreover, if the UK were to legalise cannabis – with recreational sales starting in 2024 – this would bring the market’s size to more than £1 billion in the UK alone.

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Cannabis Law Report

SEPTEMBER 16, 2022

This article reviews cannabis laws in effect in Southern states, cannabis laws that will go into effect in the future, and examines states that haven’t passed legislation legalizing cannabis. The program only authorizes two state universities to cultivate medical cannabis: Louisiana State University and Southern University.

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Cannabis Law Report

SEPTEMBER 22, 2022

These bills, which touch on issues that run the gamut of the cannabis industry, are intended to “strengthen California’s cannabis laws, expand the legal cannabis market and redress the harms of cannabis prohibition.” SB 1186– Medicinal Cannabis Patients’ Right of Access Act. AB 1646 – Cannabis Packaging: Beverages.

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Cannabis Law Report

JULY 12, 2021

On March 31, New York Governor Andrew Cuomo announced that the state would legalize medical and adult-use cannabis in the coming year. New York is just one of 17 states across the country legalizing cannabis. The global legal cannabis industry is predicted to hit $40.6 The global legal cannabis industry is predicted to hit $40.6

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Greenspoon Marder Cannabis Law Group Blog

APRIL 19, 2021

Moreover, starting January 1, 2022, retail marijuana hospitality and sales business will be required to install and use a safe in a limited access area to be “incorporated into the building structure or securely attached” for overnight storage. and 7:00 a.m.; (2)

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Cannabis Law Report

MAY 28, 2022

Statewide, the newly legalized industry continues to produce an oversupply of wholesale cannabis as new operators get licensed and enter the market, driving prices down, according to the County Executive Officer’s third quarter budget report. million in cannabis tax revenues this fiscal year, or 40 percent less than the $18.4

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Cannabis Law Report

AUGUST 18, 2021

Cannabis Market Upon Federal Legalization. cannabis legalization (or Tilray’s waiver of such condition).In cannabis legalization (or Tilray’s waiver of such condition).In market when legalization allows.”. Here’s the announcement. Tilray Acquires Majority Position in Amended MedMen Convertible Notes. Prior to U.S.

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Cannabis Law Report

AUGUST 17, 2021

Cannabis Market Upon Federal Legalization. cannabis legalization (or Tilray’s waiver of such condition).In federal legalization of cannabis, and subject to compliance with applicable laws and stock exchange rules, MedMen will actively explore opportunities to expand MedMen’s footprint across international markets. Prior to U.S.

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Cannabis Law Report

JANUARY 9, 2022

Legalizing cannabis for adults has been a wise investment. 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. billion in tax revenue from legal, adult-use cannabis sales. Here’s what they say.

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SpeedWeed

MARCH 10, 2021

While it may seem like state legalization is a green light for cannabis businesses to open up on every corner, it’s not quite that simple. As another example, Michigan’s Prop 1 made it legal for 792 towns and cities to sell cannabis, but 39% of those cities used hyper-local measures (city legislation) to block cannabis businesses. .

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SpeedWeed

JULY 19, 2021

RICHMOND, Virginia, July 19, 2021 – PRESS RELEASE— Governor Ralph Northam announced appointments to the three newly-created boards responsible for overseeing the legalization of recreational cannabis in the Commonwealth. The Cannabis Control Authority (CCA) is the regulatory agency for the legal cannabis market in Virginia.

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Veriheal

JANUARY 24, 2024

Also, according to officials in the state, Smart & Safe Florida ’s recreational cannabis legalization petition had gotten enough signatures to be approved in June. However, new polls have suggested that recreational cannabis might face a lot of opposition on the 2024 ballot. 60% agree, 29% disagree, and 11% are not sure.

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Cannabis Law Report

AUGUST 9, 2022

A new campaign launched on Monday seeks to legalize cannabis for adult use in Florida. Medical cannabis company Trulieve is contributing $5 million toward the effort to put the measure on 2024 ballots. Trulieve CEO Kim Rivers told the News Service of Florida that the amendment is “all about improving access.” . “We

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Peninsula Alternative Health

JUNE 12, 2023

With the recent passage of House Bill 556 and Senate Bill 516 in Maryland, the legalization of adult-use recreational cannabis is set to begin on July 1, 2023. In this blog post, we will address some of the key questions surrounding the new legislation to help you navigate the world of legalized adult-use cannabis in Maryland.

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Peninsula Alternative Health

JUNE 12, 2023

With the recent passage of House Bill 556 and Senate Bill 516 in Maryland, the legalization of adult-use recreational cannabis is set to begin on July 1, 2023. In this blog post, we will address some of the key questions surrounding the new legislation to help you navigate the world of legalized adult-use cannabis in Maryland.

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