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U.S. Cannabis Legalization Update: Who’s Still Waiting and Who May Legalize

Veriheal

states and the District of Columbia currently have legal cannabis, medical or recreational. It prohibits cannabis possession, use, purchase, sale, or cultivation, whether for recreation or medical purposes. In 2015, Idaho state legalized CBD with a THC concentration of less than 3%. Like Idaho, CBD with less than.3%

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Motley Fool Article: 5 Countries With the Highest Cannabis Spending by 2024

Cannabis Law Report

billion in cannabis spending by 2024. projects as the leading marijuana market in the world by sales in 2024. billion derived from recreational marijuana, up from $5.9 billion derived from recreational marijuana, up from $5.9 marijuana spending by 2024. billion by 2024. billion by 2024. MF report.

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In Case You Missed It: Key Marijuana Law Developments in 2022

The Blunt Truth

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. Permits and taxes legal recreational sales from licensed retailers starting December 1, 2022.

Law 111
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Hollister Biosciences Inc. Reports First Quarter 2021 Financial Results

Cannabis Law Report

or “ Hollister “) a diversified cannabis branding company with products in over 280 dispensaries throughout California , and over 95 dispensaries throughout Arizona , today reported its financial and operating results for the first quarter of 2021. The state realized over $2.9M in recreational sales within 10 days of legalization.

Hash 96
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In Case You Missed It: Key Marijuana Law Developments in 2022

Cannabis Law Report

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. Permits and taxes legal recreational sales from licensed retailers starting December 1, 2022.

Law 52
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2022 state-by-state ranking of cannabis regulations

Cannabis Law Report

The rankings look at a variety of factors including Cannabidiol (CBD), medical and recreational cannabis, non-profit cannabis entities, commercial cannabis licenses, cannabis regulatory agencies, developments and trends, and business opportunities. Barry Weisz. Illinois dropped from #5 to #6 in the rankings. is dependent on the U.S.

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How Illinois’ cannabis taxes are spent

Illinois News Joint

Taxes from adult use cannabis sales, including wholesale taxes and retail taxes at dispensaries, get collected into the Cannabis Regulation Fund, which are then distributed by statute and spent by the fiscal year budget. First, the money flows to administrative expenses by the State agencies implementing cannabis.