2024 Collective Legalization Programs 
The Blunt Truth
JANUARY 5, 2024
Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. Happy 2024 – let’s start the year off with a shout-out to Colorado, where the retail market is celebrating an anniversary. Since that time, the industry has taken in $15 billion in revenue, with the state collecting $2.6
Cannabis Law Report
FEBRUARY 19, 2022
While cannabis legalization moves full steam ahead through much of the Northeast, the southeastern U.S. As such, we thought we’d take a moment to round up the status of cannabis legalization in the South, an area worth watching. Although medical cannabis program was signed into law last year, it has yet to be fully implemented.
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Cannabis Law Report
MAY 16, 2022
The 15% excise tax on cannabis sales would remain, and the collection and remittance of that tax would be limited to retail sales beginning January 1, 2023. Gavin Newsom introduced proposed revisions to his 2022-2023 budget proposal, which would eliminate the cannabis cultivation tax rate beginning July 1, 2022. per ounce of flower, $3.00
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. Colorado (pop.
Canna Law Blog
MARCH 11, 2024
Washington state then provided a regulatory framework for how the legalization of recreational cannabis production, processing, and retail sales would be regulated under what would become the Washington State Liquor and Cannabis Board (“LCB”). The bill now waits for signatures and executive action to become law.
Veriheal
SEPTEMBER 9, 2021
Rather than a ballot initiative , Connecticut, New Mexico, New York, and Virginia legalized the plant for adult-use purposes via a legislative process. They follow in the footsteps of Vermont, which became the first legislative-driven legal cannabis state back in 2018. Legal Cannabis Business Framework .
Cannabis Law Report
JULY 19, 2021
Governor Ralph Northam announced appointments to the three newly-created boards that oversee marijuana legalization in Virginia. On July 1, recreational marijuana became legal for adult use in Virginia. Creighton of Richmond, Co-Founder, The Jackson Ward Collective. million in 2024 and $38.4 WTKR reports.
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