Canna Law Blog

OCTOBER 29, 2020

The hemp industry is not the only one that’s pushing back against the Drug Enforcement Administration (DEA)’s hemp Interim Final Rule (the “ Rule ”). If you read this blog, you’ll recall the hemp industry sued the DEA following the release of its Rule in August 2020. billion by 2024, increasing from $1.2

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Cannabis Law Report

AUGUST 11, 2022

An Oregon legislative task force established pursuant to HB 3000 (2021) and SB 1564 (2022) is developing policy proposals for 2023 relating to intoxicating cannabinoid products, illegal cannabis production, and water rights issues. Cannabinoid Subcommittee.

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Canna Law Blog

OCTOBER 29, 2020

The hemp industry is not the only one that’s pushing back against the Drug Enforcement Administration (DEA)’s hemp Interim Final Rule (the “ Rule ”). If you read this blog, you’ll recall the hemp industry sued the DEA following the release of its Rule in August 2020. billion by 2024, increasing from $1.2

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Veriheal

DECEMBER 19, 2023

Since the passage of the 2018 Farm Bill , which permits the distribution of hemp-derived products at the federal level, the popularity of delta-8, delta-9, and delta-10 products has surged. Understanding Delta-8 and Delta-9 Products Delta-8 and other variants are created from hemp, not traditional cannabis.

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Canna Law Blog

FEBRUARY 20, 2022

Why New York wants to let hemp licensees cultivate and process cannabis. New York hemp licensees can cultivate, process, and distribute with the cultivator license. This conditional license would permit licensees to temporarily manufacture or process cannabis products until June 30, 2024. Conditional adult-use processor license.

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Cannabis Law Report

JUNE 9, 2022

The legislation passed with two clear directives in mind: (1) regulating artificially derived cannabinoids like delta-8 THC, and (2) creating an enforcement system to ensure hemp licensees are not illegally growing marijuana. This blog post explains how these legislations developed, and ultimately led to Oregon’s hemp moratorium.

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Cannabis Law Report

JUNE 24, 2019

40B in sales by 2024. billion by 2024, up from $517 million last year, BDS and Arcview said. cannabinoid market is expected to soar, helped by a number of developments, such as the legalization of hemp via the 2018 Farm Bill. — which includes hemp-derived CBD — will reach $44.8 billion by 2024.

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Canna Law Blog

DECEMBER 21, 2023

The concentrates/extracts category sits at 24.7%; edibles/tinctures are 13.7%; inhalable products with “non-cannabis additives” are 7%; “other” is 5.2%; and industrial hemp products bring up the rear at 0.7%. The first big task for CIAO should arise in the 2024 legislative session. Now, it’s all CIAO. THC to 1.0%

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Illinois News Joint

JANUARY 11, 2024

Lobo has recently released a 2-gram hemp-wrapped blunt to the Prairie State, so I stopped into Parkway Dispensary and picked up a MAC 1 sample to see what the label had brought to market. This batch of flower tested at 0.01% THC, 29.23% THCa, and 29.985% total cannabinoids. MAC 1 is a hybrid cross of Alien Cookies F2 and Miracle 15.

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Cannabis Law Report

SEPTEMBER 12, 2022

Cannabinoids. Government Agencies seek funding to research cannabinoids as treatments for various conditions: [link]. Minnesota hemp edible law challenges the 2 medical license holders: [link]. California issues regulations for hemp products: [link]. California issues regulations for hemp products: [link].

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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. billion by 2024. billion by 2024. billion by 2024. billion by 2024. MF report. United States: $30.1 As should be no surprise, the U.S. In fact, the $30.1

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Veriheal

NOVEMBER 21, 2023

Quemarr Moatamedi School: University of Montana Major/Program: Linguistics and Anthropology Innovation: Emulsion-Based Edibles: Harnessing Anti-Diabetic Cannabinoids in Diabetes Management. Quemarr presents an emulsion-based drug delivery system tailored for cannabinoids and made to tackle America’s diabetes crisis.

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Cannabis Law Report

NOVEMBER 26, 2019

It is the intention of EuroLife to distribute HANF SWISS hemp cigarettes throughout various bricks-and-mortar outlets in Europe, alongside its own CBD consumer package goods e-commerce marketplace once fully operational. Additionally, according to the same report, 41% of quitters have replaced tobacco entirely with hemp CBD.

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Canna Law Blog

FEBRUARY 3, 2020

According to BDS Analytics and Arcview Market Research , the CBD market is expected to surpass $20 billion by 2024 in the United States alone. Europe has also witnessed a huge demand for the most coveted cannabinoid, whose market, Brightfiled Group predicts, will grow by 400% by 2023. Unlike the U.S. Novel Food Regulations .

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Canna Law Blog

JANUARY 18, 2023

The new regime would commence January 1, 2024. After that, the bill provides that OLCC has to submit a report including any legislative recommendations by September 15, 2024. And then submit a report on itself, including any legislative recommendations, by September 15, 2024. HB 2949 – Local hemp regulations.

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Cannabis Law Report

FEBRUARY 28, 2022

Applicants who (i) applied for a cannabinoid hemp processor license before January 1, 2022; (ii) hold an active cannabinoid hemp processor license; and (iii) if an individual applicant, hold more than 51% ownership in the licensed entity, are eligible for a conditional adult-use processor license.

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The Blunt Truth

JUNE 13, 2022

Governor Kevin Stitt signed legislation enacting a moratorium on some new medical marijuana licenses, effective on August 1, 2022 and ending August 1, 2024. Sets a date of July 1, 2024 for automatic expungement of cannabis possession convictions. The moratorium expires March 31, 2024. Development. May 26, 2022. Processors.

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Cannabis Law Report

SEPTEMBER 10, 2022

The Oregon legislative Task Force on Cannabis-Derived Intoxicants and Illegal Cannabis Production is exploring potential reforms to the state’s regulation of cannabinoid products and legislation for 2023 to combat what law enforcement believes is an increase in illicit marijuana production.

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Cannabis Law Report

FEBRUARY 21, 2022

Last week, the New York Senate and Assembly approved Senate Bill S8084A , a bill to provide provisional marijuana cultivator and processor licenses for existing hemp businesses. Championed by Senator Michelle Hinchey, the bill has been delivered to Governor Hochul and is awaiting signature.

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Cannabis Law Report

JUNE 20, 2019

billion in 2019, and reach $40 billion by 2024. In 2018, the FDA approved GW Pharmaceutical’s Epidiolex and passed the 2018 Farm Bill legalizing hemp in the United States. alone, sales of CBD products in all channels will hit $20 billion by 2024. In the U.S.

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Canna Law Blog

JANUARY 9, 2020

Marry those qualities together and the parameters and developments of the Utah medical cannabis and hemp marketplaces make perfect sense. Processor licensing opened August 23, 2019 and remains open through August 2024, with an unlimited number of licenses available in two tiers. Here’s the overview on 2019 and looking forward in 2020.

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Cannabis Law Report

JUNE 17, 2021

According to a recent report from Prohibition Partners for Latin America and the Caribbean (2020), the medical cannabis market in Mexico could be worth $60 million by 2024. So, it isn’t a huge market by comparison to the U.S. or Canada but still holds many opportunities. “As

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Cannabis Law Report

JUNE 13, 2022

Governor Kevin Stitt signed legislation enacting a moratorium on some new medical marijuana licenses, effective on August 1, 2022 and ending August 1, 2024. Sets a date of July 1, 2024 for automatic expungement of cannabis possession convictions. The moratorium expires March 31, 2024. Development. May 26, 2022. Processors.

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Cannabis Law Report

NOVEMBER 23, 2021

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. a growth market with nearly twice the population of the US, Tilray expects to generate $1 billion in revenue by the end of fiscal 2024 with a mix of organic growth and acquisitions.

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Veriheal

JULY 19, 2022

Thais wanting to travel or stay in South Korean are warned not to carry cannabis, hemp or products containing these plants into the country. Anyone who is caught smuggling either cannabis or hemp from Thailand to South Korea could face five years in prison or, in the worst case scenario, life imprisonment. Annoucement!

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Cannabis Law Report

AUGUST 14, 2019

Regarding unregulated wellness products and the Food and Drug administration, there’s been a long-standing issue concerning claims being made, a reality the cannabinoid-infused industry must reckon with. It’s no surprise that in an industry that could hit $20 billion by 2024 , bandwagon jumpers will try to make a quick buck.

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The Joint Blog

DECEMBER 2, 2021

In addition to identifying the potential therapeutic benefits of CBD, they isolated THC, which is the cannabinoid that causes a high. Hemp is Legalized Across 50 States in 2018. Following the approval of the 2018 Farm Bill, hemp and its extracts were legalized for production and sale. CBD Sales Boosted the US Economy by $4.6

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Kind Meds (Cannabis Education Blog)

APRIL 9, 2024

Chronic Health offers pain relief ointment, 1:1 pain relief ointment, and hemp pain relief ointment, all of which offer different levels of relief. These products are designed to help anxiety-afflicted dogs through the use of CBD oil and full spectrum hemp oil. You’ll also find glycerin tinctures in various strengths and bundle packs.

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Cannabis Law Report

SEPTEMBER 24, 2019

Allied intends to develop a natural health hemp-derived CBD infused cosmetic brand for the Asian market, Asian Life. By 2024, the CBD market in China alone is forecasted to be worth USD $15 billion, according to Hong Kong-based investment company Regent Pacific Group, citing the beauty and wellness sector as the main driver.

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Canna Law Blog

OCTOBER 28, 2019

However, AB 37 will provide at least some tax relief to California cannabis businesses (from 2020-2024). The studies may examine the effect of cannabis on motor skills, the health and safety effects of cannabis, cannabinoids, and other related constituents, and other behavioral and health outcomes.”

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Cannabis Law Report

OCTOBER 6, 2019

All of these derivatives require processing from cannabis and/or hemp biomass, which is where Valens GroWorks comes into play. California), and the state projected to lead in per-capita spending by 2024 (Nevada), it’s a good bet to be profitable. For its part, Valens GroWorks has snagged two deals of significance.

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Otherside Farms

MAY 20, 2020

Sales are expected to exceed $20 billion by 2024 and knowing the market inside and out can give you and your company a competitive advantage. Potency tests usually cost about $75 and they will tell you exact levels of which cannabinoids are present in your product. Pick Your Products.

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