2024: Adult Use Marijuana in Florida

Canna Law Blog

In 2024, we may finally see adult use marijuana in Florida. The post 2024: Adult Use Marijuana in Florida appeared first on Harris Bricken Sliwoski LLP

Law 72

Trulieve Deposits Another $5 Million Into Florida 2024 Initiative Says Cannabis Business Times

Cannabis Law Report

Florida-based cannabis giant Trulieve recently doubled its contribution to the Smart & Safe Florida political committee with another $5 million toward a 2024 ballot initiative to legalize adult-use cannabis. Here’s their report.

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Wyoming Cannabis Lobbyists Endeavor to Get Two Cannabis Initiatives Featured on 2024 Ballot

Veriheal

Now, pro-cannabis groups have their sights set on 2024. . There are two years still to go until the 2024 ballot takes place. Cultivation would also be allowed, so long as it is cultivated for personal use and does not exceed the limit of eight mature plants.

New Report Forecasts $40B Global Cannabis Market by 2024

Cannabis Law Report

40B in sales by 2024. billion by 2024, up from $517 million last year, BDS and Arcview said. billion by 2024. At the same time, these companies are investing their funds into more assets; expanding their cultivation, processing, R&D and retail operations; and diversifying into new segments. Arcview Market Research and BDS Analytics have published the seventh edition of their “State of Legal Cannabis Markets” report. In regulated markets, U.S.

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. marijuana spending by 2024. billion by 2024. Despite being the first industrialized country in the world to legalize recreational weed, Canada looks to take a distant second to the United States by 2024 in terms of sales. billion by 2024. billion by 2024. billion by 2024. million by 2024. MF report. United States: $30.1

New York Approves 52 Adult-Use Conditional Cultivation Licenses

Cannabis Law Report

Yesterday, the Cannabis Control Board approved 52 adult-use conditional cultivation licenses , which means the approved businesses can start growing cannabis for the upcoming adult-use market. Posted on April 15th, 2022 by Cecilia Oyediran.

Foley Hoag: New York Lawmakers Approve Bill to Provide Conditional Adult-use Cultivator and Processor Licenses

Cannabis Law Report

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. Conditional Adult-Use Cultivator License. Posted on February 20th, 2022 by Cecilia Oyediran.

Gov. Newsom’s Budget Trailer Bill Makes Significant Reforms to California Cannabis Laws, Including Elimination of the Cannabis Cultivation Tax

Cannabis Law Report

California Cannabis Cultivation Tax Eliminated. The budget trailer bill eliminated the cannabis cultivation tax beginning July 1, 2022. The harvested cannabis was first sold or transferred by a cultivator to a distributor on or after July 1, 2022. Andrea Golan. On June 30, Gov.

Cannabis Business Times Launches Podcast Series: How to Win a Cultivation License

SpeedWeed

27, after each body passed different measures— Senate Bill 1406 and House Bill 2312 —to legalize cannabis possession, personal cultivation and retail sales for adults 21 years and older. 1, 2024. Virginia Gov.

Greenfield MC will launch a joint-venture business with US-listed company EPHS to cultivate medicinal cannabis in Australia

Cannabis Law Report

Sydney startup Greenfield MC will launch a joint-venture business with US-listed company EPHS to cultivate medicinal cannabis in Australia, with Queensland’s Sunshine Coast a frontrunner for the operation. billion by 2024. The Asia-Pacific medicinal cannabis market has been tipped to heat-up by the two companies involved in the launch of a new Australia-based marijuana cultivation business.

Prohibition Partners Publish Inaugural Edition of , The Global Cannabis Report, 

Cannabis Law Report

billion by 2024. billion by 2024, surpassing the value of the North American industry within this time frame. All 50 US states are predicted to have legalised recreational cannabis by the end of 2024. billion by 2024, with 65% of countries in the region anticipated to have legalised medical use. Cultivation in Africa is expected to increase dramatically, creating an industry worth up to US$2.6 billion by 2024.

Czech It Out: Cannabis Legalization Trend Continues in Europe

Canna Law Blog

il is drafting the requisite legislation, which could be in place by 2024. The possession and cultivation of cannabis, under certain thresholds, was decriminalized in the Czech Republic in 2010. Home cultivation for personal use is allowed, though THC levels are capped at 1%.

Hawaii Looking To Relax Some Hemp Rules With Proposed Legislation

Cannabis Law Report

Even if the bill passes, state regulators would still maintain authority to visit cultivators at any time to assure they’re keeping proper documentation, resulting in redundant regulatory efforts. Hemp Grower reports.

Virginia moves cannabis legalization to July 1, 2021

SpeedWeed

Ralph Northam’s proposed changes to a marijuana legalization bill that will allow limited possession and cultivation of the plant starting in July of this year. But retail stores will not open until 2024. Previously, the Legislature had voted to legalize cannabis—but not until 2024.

Nebraska cannabis laws

The Cannigma

The next attempt to get medical marijuana on the ballot will likely be in 2024. Industrial hemp was grown in Nebraska as far back as the 1880s but cultivation stopped when the state prohibited the plant in 1927. No, cultivation of cannabis is not legal in Nebraska.

Law 52

Virginia’s Adult-Use Cannabis Program Takes a Hit

Veriheal

1, 2024 launch date for its first-ever retail sales. In preparation, the CCA established a framework for cannabis business licensing, cultivation, manufacturing, distribution, testing, and adult-use retail sales that would be regulated by a newly formed Cannabis Control Authority.

New York May Soon Let Hemp Licensees Grow Cannabis

Canna Law Blog

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.

Curaleaf Announces Majority Stake and Forms Strategic Partnership with Germany’s Four 20 Pharma, a Fully EU-GMP & GDP Licensed Producer and Distributor of Medical Cannabis

Cannabis Law Report

Germany currently represents the largest medical cannabis market in Europe , with a total addressable market of over €200M in 2022 and expected to grow to nearly €1bn by the end of 2024 via adult-use legalization, which is slated to begin in late 2023 or early 2024.

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

Cannabis Law Report

Gavin Newsom introduced proposed revisions to his 2022-2023 budget proposal, which would eliminate the cannabis cultivation tax rate beginning July 1, 2022. Currently, the cultivation tax rates are $10.08 MAY 16, 2022 BY DEANNA J. LUCCI. On Friday, May 13, California Gov.

Canada Cannabis Production Industry Report 2022 Featuring Tilray & Canopy Growth Corp – ResearchAndMarkets.com

Cannabis Law Report

Industry profitability is expected to improve over the five years to 2024 as operators enhance efficiency and revenue continues to grow.

Virginia gets real on legalization, aims to move up start date to 2021

SpeedWeed

RICHMOND, VA — Virginia’s House speaker on Friday said she supports moving up the date for legalizing adult recreational use of marijuana in Virginia to this summer, a key change pushed by advocates who have sharply criticized legislation approved by lawmakers last month that would delay legalization until 2024. The law currently delays legalization until 2024, because…why, exactly? Virginia lawmakers agree to legalize marijuana, but not until 2024.

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. Sets a date of July 1, 2024 for automatic expungement of cannabis possession convictions. The moratorium expires March 31, 2024.

Wyoming Looking at Full Marijuana Legalization to Generate ~$49.5M in New Revenues – Cannabis Business Executive

SpeedWeed

If House Bill 209 were to become law, anyone 21 years or older could legally possess retail marijuana (in amounts explained below) or cultivate marijuana for personal use (also explained below). 14 Wyoming legislators are sponsoring a bill to legalize marijuana in the state.

Weekly Cannabis Roundup April 16

Veriheal

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. However, there was one caveat… legalization wouldn’t go into effect until 2024.

Truelieve The Money Behind The Legalize Adult Use Campaign In Florida

Cannabis Law Report

Medical cannabis company Trulieve is contributing $5 million toward the effort to put the measure on 2024 ballots. Whatever they spend on the campaign they’ll earn it many times over if the campaign gets over the line. Ganjapreneur report.

Licensing Bill Moves New York Closer To Recreational Cannabis Sales

Cannabis Law Report

Kathy Hochul signed legislation creating a conditional cultivation and processing adult-use licensing structure. Conditional licenses shall not be issued after December 31, 2022, and the conditional program will sunset on June 30, 2024. 28 February 2022. by Meaghan T. Feenan (Lambert).

Virginia Republicans Call for Revisions to the State’s Adult-Use Cannabis Law

Veriheal

Republicans are hoping that the 2021 legal cannabis law — legislation that permits adult cannabis possession of up to an ounce and establishes the guidelines for retail sales to commence in 2024 — will be revised before its official enactment.

Tilray Stockholders Approve Proposal to Increase Authorized Shares at Special Meeting

Cannabis Law Report

With additional authorized shares, Tilray is now able to accelerate its progress towards its goal of delivering $4 billion in revenue by the end of fiscal 2024 by taking full advantage of its competitive differentiators and executing on its strategy.

New Jersey and New York Signal Movement on the Adult-Use Cannabis Front

Veriheal

Kathy Hochul signed legislation establishing a conditional cultivation and processing recreational licensing structure. Murphy is also “open-minded” to permitting a home cultivation option for consumers in the foreseeable future.

Virginia: Oversight Committee Urges Lawmakers to Expedite Launch of Retail Cannabis Sales

Cannabis Law Report

Virginia NORML has consistently advocated for launching sales ahead of the legislature’s initial January 1, 2024 start date. The personal possession and home cultivation of small quantities of cannabis is already permitted in Virginia under the 2021 law.

Weekly Cannabis Roundup July 2

Veriheal

The state won’t have a retail market until 2024, but in the meantime, residential cultivation is permitted and people can enjoy their own homegrown products. The UN addresses concerns over cannabis advertising valuing profits over public health.

Sleep 83

Thailand Medical Cannabis Report Published

Cannabis Law Report

“After taking the first steps towards the liberalization of hemp cultivation over the course of the last few years, at the end of 2018 Thailand’s government decided to legalize medical cannabis as the first Southeast Asian country. Healthcare expenditure estimated by 2024.

DEA 56

Virginia Cannabis Control Act: A Tale of Two Legislatures

Cannabis Law Report

SB 1406), the CCA created the framework for the cultivation, manufacturing, distribution, testing, and retail sale of adult-use cannabis in Virginia. As of now, it is unclear whether the General Assembly will even stick to the original timeline of adult-use sales beginning January 1, 2024.

Recreational Cannabis Legalization in Germany? Medical Cannabis Businesses and Investors Hope So

Veriheal

For example, by the year 2024, more than 1 million German patients will be able to get their hands on medicinal-grade cannabis. Under existing German law, cannabis can be cultivated, sold, owned, imported, and exported.

NC Senate Committee Votes to Advance Medical Cannabis Legalization Bill

Veriheal

Home cannabis cultivation, on the other hand, would be forbidden. Numerous cannabis advocates across the state have responded to these cultivation rules. by 2024.

Virginia Speaker of the House Calls for Marijuana to be Legalized Quicker

The Joint Blog

“She also wants the legislation amended to legalize the private cultivation of “a limited number” of marijuana plants for personal use”, states the AP. 1, 2024, has been on Democratic Governor Ralph Northam’s desk for a month now.

Virginia House Democrats back legalization this summer of small amounts of marijuana; Northam supportive – Cannabis Business Executive

SpeedWeed

She added that the House also supports accelerating expungements and private cultivation. You are here: Home / Policy & Legal / Virginia / Virginia House Democrats back legalization this summer of small amounts of marijuana; Northam supportive.