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Europe’s Cannabis-Friendly Hotspots Could Trigger an Economic Shift 

Veriheal

The Seeds of Europe’s Adult-use Cannabis Market Are Sprouting Europe’s recreational cannabis market has overcome major regulatory hurdles in the last few years. In 2021, Luxembourg and Malta legalized home cannabis cultivation for personal use. billion) by 2027. billion) by 2027. million patients by 2027.

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

Veriheal

It’s clear that the governors in both states have been feeding false promises to prospective consumers, all of whom are still enduring a tedious wait to legally purchase recreational bud. Kathy Hochul signed legislation establishing a conditional cultivation and processing recreational licensing structure. New Jersey Gov.

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These 4 Newly Legal States Are Projected Earn an Annual $5 Billion

Veriheal

The growing number of states celebrating a victory for recreational cannabis indicates how governors and lawmakers are steering legalization in the right direction; as opposed to states merely relying on citizens to vote for legal cannabis. . At some point next year, New York will kick-start its recreational cannabis market.

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Marijuana tax rates: a state-by-state guide

SpeedWeed

Additionally, dispensaries pay a 4% privilege tax when they purchase products from cultivators. . Wholesale: The excise tax on cultivators is $335 per pound of flowers, $94 per pound for trim, $1.50 Adult use retail: New Jersey’s recreational program is expected to come online later this year. Marijuana tax rates in California.

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

Veriheal

Companies in similar avenues look set to harvest substantial rewards if Germany’s market shifts to a recreational focus. For example, by the year 2024, more than 1 million German patients will be able to get their hands on medicinal-grade cannabis. Germany’s Cannabis Import and Export Opportunities Are Growing .