Cannabis Life Network

JULY 5, 2023

Maryland has begun legal cannabis sales eight months after voters approved a ballot measure. The state gave medical cannabis dispensaries the green light to sell to the state’s new recreational customers. Other licenses will begin getting issued in 2024. ounces of cannabis.

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Illinois News Joint

FEBRUARY 25, 2024

Senate Bill 1723 , which deals with several provisions for craft growers, recently moved from Executive to the Subcommittee on Cannabis. Lightford originally proposed the bill that amends the Cannabis Regulation and Tax Act on Feb. 2) During calendar year 2024, 60,000 grams per month. (3) Kimberly A.

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The Joint Blog

DECEMBER 19, 2023

In the dynamic and rapidly expanding world of cannabis, where innovation and adaptability are paramount, packaging trends are instrumental in defining a brand’s identity and consumer experience. As the year 2024 approaches, cannabis businesses must not only adapt to a new business landscape but also triumph over their competition.

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Canna Law Blog

MARCH 27, 2024

Despite continuously surpassing every other state with recreational cannabis in terms of total retail sales, California’s cannabis industry has faced continuous and far-reaching issues on multiple levels that have only spread even further. In 2023, California dispensaries sold a total of $5.1

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Veriheal

APRIL 16, 2024

The cannabis market in the United States is booming, and jobs within the industry are increasing right along with it. A new report from Colorado-based marijuana staffing company Vangst and the analytics firm Whitney Economics discovered that cannabis-related jobs have increased about 5% over the last year, a slow but notable growth.

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Illinois News Joint

JANUARY 29, 2024

With our educational Know Your Brand series, we are trying to let our readers and followers know about the many new brands and products coming to Illinois in 2024. One of those brands with new products is Cannect Wellness , a premium craft cannabis cultivator and product manufacturer. For Illinois News Joint reviews, visit here.

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Veriheal

NOVEMBER 6, 2023

states and the District of Columbia currently have legal cannabis, medical or recreational. Despite this massive shift in cannabis policy, however, a few states are still dragging their feet on cannabis legalization. Idaho Idaho is one of the staunchest anti-cannabis states. Like Idaho, CBD with less than.3%

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Veriheal

JANUARY 1, 2024

As debates heat up over recreational cannabis, all eyes turn to Ohio and its potential legalization. Once strictly prohibited nationwide, cannabis legislation has evolved remarkably across the U.S. For Ohio, sitting on the fence is becoming less tenable as neighboring states greenlight cannabis sales. in recent years.

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SpeedWeed

APRIL 3, 2021

All cannabis dispensaries are not the same. In states newer to the cannabis trade, dispensaries are often noticeably more immature in their appearance and retail strategy. Northern and Southern California cannabis provisioning centers are often lined from floor to ceiling with no less than 300 different product lines.

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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. is that cannabis stocks can still thrive even if the federal government doesn’t change its classification of marijuana from Schedule I. marijuana spending by 2024. marijuana spending by 2024.

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Cannabis Law Report

DECEMBER 31, 2021

multi-state cannabis operator (MSO), today announced the opening of Ayr Wellness Bryn Mawr, the Company’s eighth affiliated dispensary in The Commonwealth of Pennsylvania. dispensary continues the rapid expansion of the Company’s presence in Pennsylvania’s burgeoning medical marijuana market. The ~3,000 sq. The ~3,000 sq.

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Illinois News Joint

JUNE 6, 2023

A good indicator for gauging the state of a regulated cannabis industry is the attendance at the business-to-business conferences. The 2023 Illinois Cannabis Conference provided a clear sign that Illinois is poised for growth. For info on becoming a 2024 exhibitor contact john@necann.com.

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Cannabis Law Report

JUNE 24, 2019

Arcview Market Research and BDS Analytics have published the seventh edition of their “State of Legal Cannabis Markets” report. cannabis sales surged by 20 percent in 2018 and are on track to jump by another 36 percent this year, the report said. 40B in sales by 2024. billion by 2024. US leads the way.

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Veriheal

MAY 4, 2023

This is the projected figure for Europe’s cannabis market by 2027, based on recent estimates published by Prohibition Partners. this year, and with cannabis in the picture, the outcome could be even better. In 2021, Luxembourg and Malta legalized home cannabis cultivation for personal use. billion for the economy.

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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. The moratorium extends to processing and issuing new licenses for: Dispensaries. Governor Daniel McKee signed the Rhode Island Cannabis Act. Processors. Commercial Growers.

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Cannabis Law Report

FEBRUARY 19, 2022

While cannabis legalization moves full steam ahead through much of the Northeast, the southeastern U.S. These states haven’t made major headlines for their progressive cannabis policies, but together they constitute a major market that has, nevertheless, dipped its toe in the water. has been notably slow to uptake major reforms.

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Canna Law Blog

FEBRUARY 20, 2022

a temporary conditional adult-use processor license to process and distribute cannabis products. So today we take a closer look at this piece of legislation and how it would shape New York’s cannabis market if enacted. Why New York wants to let hemp licensees cultivate and process cannabis.

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Canna Law Blog

JUNE 23, 2023

New York State’s recently passed 2024 budget includes many cannabis-related provisions, addressing enforcement, licensure, and penalties, with the goal of curbing the state’s illicit marijuana market. New power for the DOF to fine cannabis dealers who aren’t paying the proper state taxes. A new tax fraud crime.

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Veriheal

APRIL 16, 2021

New Yorkers are now free to enjoy the pleasures of cannabis, and the University of Connecticut launches cannabis cultivation courses for non-degree-seeking students. Virginia has moved up the date for adult-use cannabis legalization . And cannabis in New York has become unleashed . Learn more here! Next in news, .

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Cannabis Law Report

SEPTEMBER 16, 2022

The changes in the cannabis industry in Southeastern United States represent some of the most surprising and remarkable changes in the history of the industry. The South is well positioned to be a leader in the cannabis industry, and in some ways, it should be expected. Existing Cannabis Regimes. Hunter Robinson. Slates Veazey.

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Veriheal

MARCH 31, 2022

New Jersey and New York — which legalized cannabis on Feb. Fortunately, new reports indicate that both states are inching ever-closer to serving cannabis consumers, many of whom are, understandably, getting impatient. Phil Murphy stated that adult-use cannabis sales will start “within weeks.” New Jersey Cannabis.

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Veriheal

SEPTEMBER 21, 2021

Yahoo Finance has compiled a list of the most valuable cannabis companies in the world and has explained that the recreational market is “outpacing” the medicinal one as the “world public opinion towards the consumption of weed is changing.” That being said, let’s have a look at the most valuable cannabis companies. . billion in 2020.”

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SpeedWeed

FEBRUARY 22, 2021

Despite the uncertainties of 2020, one industry continued to grow and excel: Cannabis. US retail marijuana sales rose approximately 40 percent last year, with projected revenue of $37 billion by 2024 (Source: Marijuana Business Daily). Via their existing cannabis cultivation facility, INTEGRATED NATIONAL RESOURCES INC.

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Veriheal

OCTOBER 27, 2023

Here’s what you missed this week in cannabis and psychedelic news. Thailand’s Cannabis Regrets Thailand’s flourishing cannabis industry is in danger. Thailand became the first Asian country to legalize cannabis early last year. The two initiatives are being proposed for the November 2024 ballot.

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Canna Law Blog

NOVEMBER 16, 2023

We are helping build out another cannabis banking program here in Oregon. MRB defined The term “MRB” is used pervasively in cannabis banking, yet this term is not defined in the moldering 2014 Financial Crimes Enforcement Network “FinCEN” Guidance. And I apologize in advance for all the acronyms. That’s banking.

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Veriheal

MARCH 10, 2021

Lovers of beaches, wine, mountains, rivers, and cannabis. The First State in the South to Fully Embrace Cannabis. 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. Virginia is for Lovers.

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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. The moratorium extends to processing and issuing new licenses for: Dispensaries. Governor Daniel McKee signed the Rhode Island Cannabis Act. Processors. May 25, 2022.

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Cannabis Law Report

APRIL 9, 2022

In 2022, you can expect a whirlwind of cannabis employment activity as new markets enter the scene and the pandemic waxes and wanes. We’ve seen nothing short of exponential job growth in the cannabis industry with no signs of slowing down. Here is our cannabis employment report 2022. cannabis industry. Cultivation.

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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. A cannabis real estate boom is likely to follow. The global legal cannabis industry is predicted to hit $40.6

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Cannabis Law Report

JANUARY 4, 2022

Over $140 Million in Revenue Expected Over the First Three Years of Cultivation and Over $400 Million in Total Revenue Projected for the 10-Year Term of the Agreement. Expands Agrify’s Footprint to Lucrative and Fast-Growing Florida Cannabis Market. BILLERICA, Mass., BILLERICA, Mass., BILLERICA, Mass.,

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Cannabis Law Report

APRIL 11, 2022

The “green rush” in Europe has commenced, and Americans are ready to invest their time, travel plans and money into the cannabis market across the pond, according to a new study. Experts predict adult-use cannabis to come online by 2024, but regulators have not yet determined tourism policies.

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Canna Law Blog

JANUARY 9, 2020

As I wrote in a prior blog post , Utah’s cannabis market has special characteristics that you are unlikely to find in other states. Marry those qualities together and the parameters and developments of the Utah medical cannabis and hemp marketplaces make perfect sense. Medical Cannabis.

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Cannabis Law Report

SEPTEMBER 15, 2022

Thompson Coburn LLP has released its latest state-by-state ranking of state cannabis regulations. The guide provides a holistic review of the current cannabis laws in every state including the District of Columbia, from favorable to cannabis businesses to most restrictive. Barry Weisz.

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The Cannigma

FEBRUARY 21, 2021

The cannabis space is growing (pun intended). Whether cannabis is viewed more like alcohol, Tylenol, coffee, ginkgo biloba, or something entirely unique, will be determined at least as much by local and national regulations as by industry efforts in marketing and education. The same is true in the other direction. Shutterstock).

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The Blunt Truth

APRIL 20, 2021

Following closely on the heels of both New York and New Jersey enacting recreational cannabis laws, New Mexico and Virginia have enacted their own laws allowing adults to use cannabis for recreational purposes. Virginia went further by enacting the first law providing employment protections to individuals using cannabis oil.

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Cannabis Law Report

JUNE 18, 2021

1201 features an innovative approach to business licensing, including a strong social equity component, and other provisions aimed at repairing damage caused by cannabis prohibition. State lawmakers passed a bill Thursday to legalize, regulate, and tax cannabis for adult use. Like the laws recently enacted in N.Y. HARTFORD, Conn.

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Cannabis Law Report

APRIL 20, 2022

Cresco officials expect that earnings will be $76 million in 2024, $116 million in 2025, and $156 million in 2026. In the application, Cresco describes Valley Agriceuticals as its growing subsidiary that “operates four medical cannabis dispensaries across the state of New York in addition to a manufacturing facility.”.

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