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

Veriheal

Despite this massive shift in cannabis policy, however, a few states are still dragging their feet on cannabis legalization. It prohibits cannabis possession, use, purchase, sale, or cultivation, whether for recreation or medical purposes. Wyoming Wyoming is among the few states without a medical cannabis program.

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Denver Nuggets Fever Spreads to the Cannabis Industry as Co-founder of Cherry Introduces Exciting New Strains

Veriheal

Jason MacLean isn’t new to cannabis cultivation and genetic breading. He has been immersed within the cannabis community in Denver for over 15 years, working as a horticulturist and cultivator. And he also led the efforts that granted Cherry the Best Wholesale Cultivation award in the 2021 Best of Denver awards.

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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 per ounce of fresh cannabis plant, and these taxes are paid on all recreational and medicinal cultivation of cannabis.

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Here Are the Cannabis Wins and Losses From Midterm Elections

Veriheal

This legislation also allows adults to cultivate two cannabis plants for personal use. These new measures will take time, and it is estimated that recreational products will not be sold until 2024 or even 2025. North Dakota passed a medical marijuana program in 2016. North Dakota currently allows for a medical marijuana program.

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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

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. Colorado has a robust medical program, with about 1.6% Legalizing cannabis for adults has been a wise investment. of the population enrolled.

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Alert: Newsom To Present Cannabis Tax Simplification Solutions To Legislature

Cannabis Law Report

We know that current tax policies disproportionately burden cannabis farmers and small businesses and create instability throughout the supply chain, ultimately undermining the societal benefits of a taxed and regulated market. Some changes include: Setting the cultivation tax rate at zero beginning July 1, 2022.

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The Status of Cannabis Legalization in the South

Cannabis Law Report

These states haven’t made major headlines for their progressive cannabis policies, but together they constitute a major market that has, nevertheless, dipped its toe in the water. Alabama legalized medical a medical cannabis program on May 17, 2021 when Governor Ivey signed SB 46 into law.