Cannabis Law Report

SEPTEMBER 16, 2022

Although several Southern states have enacted medical cannabis programs, no states have embraced recreational use of cannabis. 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.

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Veriheal

AUGUST 25, 2023

Georgia is facing medical cannabis growing pains, a New Hampshire commission was tasked with studying recreational legalization, and U.S. Georgia law allows qualified medical patients to use cannabis products with low THC levels. Treasury Secretary Janet Yellen ate magic mushrooms. Let’s dive into this week’s canna-news.

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Cannabis Law Report

NOVEMBER 17, 2021

The minister highlighted that current laws do not prohibit the use of cannabis products for medical reasons. billion by 2024, according to a report published in 2020 by Prohibition Partners. Thailand was the first to update its narcotic laws to allow medical cannabis in 2018. Malaysia and Thailand.

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Veriheal

OCTOBER 9, 2020

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. With a tad of luck and the spread of knowledge about cannabis, these four states will see favorable cannabis reform laws become a reality this November.

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Illinois News Joint

MARCH 7, 2024

To join the meeting, click here or join by phone at +1-312-535-8110 with Access Code number 2633 070 6422 and Password UXjumiAt553. The Medical Cannabis Advisory Board has set its third meeting date for August 2024. The virtual MCAB meeting is set for 1:00-3:00 p.m. Monday, March 11.

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Veriheal

FEBRUARY 8, 2021

Another vote will finalize the legal framework of the program that will hopefully be functioning by 2024. Nearly all of America has some form of legal access to cannabis. There are only a handful of states still supporting outdated draconian cannabis laws. Previously, Virginia had some of the strictest laws against cannabis.

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Cannabis Law Report

MAY 16, 2022

per ounce of fresh cannabis plant, and these taxes are paid on all recreational and medicinal cultivation of cannabis. Despite the tax cut, a recent analysis found that removing the cultivation tax would actually increase overall tax revenue from cannabis sales by 123 percent by 2024 due to an expected increase in sales.

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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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Veriheal

MARCH 31, 2022

It’s clear that the governors in both states have been feeding false promises to prospective consumers, all of whom are still enduring a tedious wait to legally purchase recreational bud. Kathy Hochul signed legislation establishing a conditional cultivation and processing recreational licensing structure. New Jersey Gov. .”

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Cannabis Law Report

JULY 19, 2021

On July 1, recreational marijuana became legal for adult use in Virginia. They will work to develop a workforce, establish regulations, and ensure that marijuana legalization accomplishes the health, safety, and equity goals established by law. The new law dedicates 30 percent of tax revenue from cannabis sales. WTKR reports.

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Cannabis Law Report

JANUARY 23, 2020

Healthcare expenditure estimated by 2024. Estimated Prevalence of cannabis users by 2024. Legal with license; Recreational use remains illegal. Core Market Segments: Research & development, medical cannabis products (oils), healthcare and recreational cannabis tourism. in the 1970. Healthcare expenditure 2018.

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Cannabis Law Report

NOVEMBER 23, 2021

Tilray’s Leading European Footprint and Market Leadership in Germany Positions the Company to Seize Recreational Cannabis Opportunity. This ‘current value plus upside’ model is the backbone of the pursuit of our target of delivering $4 billion in revenue by the end of fiscal 2024. NEW YORK, Nov. Strong Presence in the E.U.:

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Greenspoon Marder Cannabis Law Group Blog

APRIL 19, 2021

When House Bill 19-1234 and House Bill 19-1230 were signed into law on May 29, 2019, allowing for marijuana delivery and marijuana hospitality licenses, no one thought it would take two years to implement. Read on for the full story, or click below to quickly jump to the relevant ordinances.

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Veriheal

OCTOBER 1, 2020

African, Asian, American, European, and other countries have all been following the global cannabis movement, whether for recreational or medicinal purposes. Cannabis is easily accessible, and the regulations are loosening up quite a bit. The 5 Most Ridiculous Punishments for Cannabis. The UK’s 2018 Medicinal Cannabis Regulations.

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Cannabis Law Report

JULY 12, 2021

The Company has three fully licensed and operational facilities and is currently distributing cannabis through medical and recreational sales channels. GTEC’s premium quality recreational cannabis brands includes; BLK MKT , Tenzo , Cogn?scente Trading will commence on July 12, 2021. GTEC Cannabis Co. www.gtec.co. 1-800-351-6358.

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Cannabis Law Report

JULY 16, 2019

federal law requires that tetrahydrocannabinol (THC) levels in hemp crops be below 0.3%. hemp growers access to premium and exclusive high-CBD, low-THC cultivars. CBD market to exceed $20 billion by 2024. The Company, along with its genetics partners, intends to offer U.S. It is anticipated that Segra’s U.S.

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Cannabis Law Report

JULY 19, 2019

billion by 2024 from practically nothing today. Although laws on its books can penalize possession of marijuana with up to 15 years in prison and a huge fine, the country was also one of the first in Asia to legalize medical marijuana. Yet to claim that title, it must move fast to pass legislation making pot legal for recreational use.

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Cannabis Law Report

JUNE 23, 2021

Medicann is a premier cannabis-specialized clinic, providing patients with access to local specialist doctors and pharmacists that have experience prescribing cannabis-based medication. By 2024, the medicinal cannabis market within the United Kingdom is predicted to be worth nearly US$1.3 in real terms to £4.97

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Cannabis Law Report

JANUARY 20, 2022

Recreational cannabis alone is predicted to exceed $40-billion (R619-billion) in annual sales by the year 2026, he said. According to Statista, the US is the globe’s biggest and most sophisticated cannabis market valued at US$61-billion (R927-billion). billion (R135-billion) by 2028.

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Cannabis Law Report

JULY 12, 2021

billion in global spending by 2024, which will be a 300% increase from 2019, according to a report from Arcview Market Research & BDS Analytics. Just look at Pennsylvania, a medical-only cannabis state (it isn’t legal for non-medical, recreational adult-use). A cannabis real estate boom is likely to follow.

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Cannabis Law Report

AUGUST 18, 2021

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. federal laws. Transfers of Notes will be permitted subject only to notice and compliance with securities laws.

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Cannabis Law Report

AUGUST 17, 2021

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. federal laws. Transfers of Notes will be permitted subject only to notice and compliance with securities laws.

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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. He has law degrees from Oxford University and Wake Forest University. million in 2024 and $38.4

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Cannabis Law Report

AUGUST 7, 2019

While lagging behind North America in cannabis legislation, the European Union has recently made strides in broadening access to medical cannabis for its citizens. In addition, Bhang is evaluating distribution opportunities in Asia where Prohibition Partners estimates the medicinal and recreational cannabis markets could be worth over $8.5

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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. He has law degrees from Oxford University and Wake Forest University. million in 2024 and $38.4

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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

OCTOBER 30, 2019

Despite strong prescription growth in Australia and inroads in many jurisdictions abroad, not to mention recreational cannabis legalisation in Canberra which paradoxically may be a threat to the sector , weak investor sentiment has been a tough pill to swallow for medicinal cannabis companies on the ASX.

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SpeedWeed

MARCH 10, 2021

Examples such as these underscore the importance of thoroughly researching the state law and local laws of a community before selecting one for your cannabis business. Licensing laws vary from state to state, and you need to understand them thoroughly if you want to be successful. economy by 2024. Retail dispensaries.

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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. The personal use amount authorized under the law will dictate the quantity you can buy. Cannabis products will be subject to a 9% sales tax, similar to alcohol.

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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. The personal use amount authorized under the law will dictate the quantity you can buy. Cannabis products will be subject to a 9% sales tax, similar to alcohol.

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Cannabis Law Report

AUGUST 30, 2019

The National Institute on Drug Abuse published a grant notice to encourage research on the effects of changing US cannabis laws and policies on public health. The measure has the backing of several national dispensary chains, including MedMen, Harvest Health and Recreation and Curaleaf Holdings.

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Canna Law Blog

OCTOBER 28, 2019

As of October 13, 2019, California has some new cannabis laws on the books (thanks to the Governor). This post is dedicated to the highlights of some of those new laws and how they’ll affect cannabis businesses. However, AB 37 will provide at least some tax relief to California cannabis businesses (from 2020-2024).

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SpeedWeed

FEBRUARY 27, 2021

Virginia lawmakers on Saturday narrowly approved compromise legislation legalizing a commercial recreational marijuana program that could generate nearly $1.5 1, 2024 start. 1, 2024 enactment date for the law. A scheduled 2024 market launch would be a year later than what Northam wanted. View original article.

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Kind Meds (Cannabis Education Blog)

FEBRUARY 7, 2022

Our ancestors consumed cannabis flower for recreational, medicinal, and spiritual purposes. This scheduling is clearly at odds with public opinion, as 91% of Americans believe that cannabis should be legal either for medicinal or recreational use. US House of Representatives Passes the MORE Act.

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Greenspoon Marder Cannabis Law Group Blog

APRIL 20, 2021

With the addition of Arizona, Montana, New Jersey and South Dakota as adult-use marijuana states, and Mississippi voters approving a medical marijuana ballot, a majority of Americans would have access to marijuana in some form. After Senate Approval, Mexico’s President needs to sign the bill into law.

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SpeedWeed

FEBRUARY 27, 2021

The legalization of medical marijuana in Virginia began with a strictly limited 2015 law that allowed for CBD and THC-A oils to be used by patients with severe epilepsy. Under Virginia’s current laws, the state medical marijuana program only allows processed forms of cannabis, such as tinctures, edibles, and oils.

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Veriheal

SEPTEMBER 22, 2021

If the proposal — which was sponsored by Rules Committee Chairman Bill Rabon (R) — is enacted into law, patients who are diagnosed with a “debilitating medical condition” could legally gain access to medical cannabis in North Carolina. In regards to recreational cannabis, 18 states have enacted legalization. . With more U.S.

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