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California Police Auctioning Off Seized Cannabis Merchandise

Veriheal

Collectively, the ten dispensaries owe more than $14.4 The Los Angeles Police Department collected bongs, cannabis manufacturing equipment, and furnishings including a snow cone machine, artwork, TVs, cameras, a refrigerator, and other miscellaneous office supplies. It will be held on February 16, 2024, at 777 W.

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Nonprofits Team Up in the Battle Against Epilepsy in Children

Medical Marijuana Program Connection

–(BUSINESS WIRE)–Beginning in January 2024, natural medicine research nonprofits Realm of Caring, Unlimited Sciences and Lily’s Lighthouse will collaborate to collect data for an observational study on the efficacy of functional mushrooms in treating epilepsy. COLORADO SPRINGS, Colo.–(BUSINESS

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Washington State Eliminates Medical Cannabis Taxation

Canna Law Blog

The LCB is also tasked with administering and collecting excise taxes concerning the retail sale of cannabis concentrates, useable cannabis, and cannabis-infused products within the state. Cannabis sales in Washington state are currently taxed at a rate of 37%, in addition to the general state and local sales and use taxes.

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Report: Gen Z Would Rather Smoke Cannabis Than Consume Alcohol

Veriheal

California was the first state to legalize medicinal cannabis in 1996, right around the time that Gen Z began to enter society. Alternative medicines are a priority among Gen Z, who are moving away from traditional Western options and instead using natural wellness to support the mind and body.

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Prohibition Partners Launches The Asian Cannabis Report™,

Cannabis Law Report

billion by 2024 if both medical and recreational cannabis are legalised across a number of key markets. Almost 86 million people across Asia consume cannabis annually and medicinal cannabis consumption alone is expected to increase faster in Asia than in other early-adopter nations and regions. billion.

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California Governor Proposes a Cannabis Tax Reduction in an Effort to Shore Up the Legal Market

Cannabis Law Report

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. per ounce of fresh cannabis plant, and these taxes are paid on all recreational and medicinal cultivation of cannabis. Currently, the cultivation tax rates are $10.08

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These Top Valuable Cannabis Companies are Worth a TON

Veriheal

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.” include Beboe, Dogwalkers, Dr. Solomon’s, Incredibles, Rhythm, and The Feel Collection.