Canna Law Blog

MARCH 11, 2024

HB 1453 seeks to alleviate the unfair tax burden on medical cannabis patients and providers On March 6, 2024, the Washington Senate passed HB 1453 which will provide an exemption from the 37% excise tax for medical cannabis patients and designated providers. The bill now waits for signatures and executive action to become law.

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Canna Law Blog

FEBRUARY 23, 2024

Growing cannabis for medicinal and scientific purposes was legalized under federal law in 2016. The Committee’s reporting date is May 31, 2024. Australia is said to have one of the highest cannabis prevalence rates in the world and public attitudes to its use are shifting. Low-THC hemp foods were then legalized federally in 2017.

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Cannabis Law Report

MARCH 9, 2022

Germany is close behind, with BDSA forecasting adult use sales in 2024. This huge growth in medicinal cannabis markets is expected to benefit ASX listed players. MGC Pharmaceutical is a European based bio-pharma company specialising in the production and development of phytocannabinoid-derived medicines.

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Medical Marijuana Program Connection

JANUARY 10, 2024

–(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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Veriheal

FEBRUARY 15, 2024

It will be held on February 16, 2024, at 777 W. Although California was the first state to legalize medicinal cannabis in 1996, followed by recreational marijuana in 2016, the underground market is still thriving. This sale marks the first time the state of California has done an auction like this. Washington Blvd.

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Veriheal

DECEMBER 18, 2023

Understanding The New Laws After more than 25 years of legal cannabis in California, employees who use cannabis for recreational or medicinal purposes will no longer have to stress about drug testing. It will go into effect on January 1, 2024. Employment prospects for medicinal marijuana users will no longer be a cause for concern.

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Veriheal

MARCH 20, 2024

In a September 2023 interview with Denver 7 News , Marroquin said, “The vision for Pure Elevations Spa and Garden is really to educate our consumers about the benefits of medicinal marijuana.” Everybody is like, oh, ‘it’s reefer madness, kind of Cheech and Chong, there.’

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Veriheal

JANUARY 24, 2024

Their combined medicinal and recreational sales for 2023 hit nearly $2 billion, with about $226 million of that attributed to medicinal marijuana. If they do not pass it, activists must gather around 13,000 more signatures to get the measure on the ballot for the 2024 election. million and smashed previous sales records.

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Veriheal

APRIL 3, 2024

The program is set to launch in the fall of 2024, and it intends to offer students a humanities and social science-based approach to all things psychedelics. It’s tailored for students interested in exploring past and contemporary uses of psychedelics. The minor is a bachelor of arts program encompassing 12 total credits.

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Illinois News Joint

MARCH 7, 2024

The first public commentator spoke about the difficulties acquiring medicine because there simply are not enough medical cannabis dispensaries within close proximity and that the only new dispensaries opening are adult-use retail stores that cater to recreational users and not medical patients. For Illinois News Joint reviews, visit here.

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Illinois News Joint

AUGUST 8, 2023

The first public commentator spoke about the difficulties acquiring medicine because there simply are not enough medical cannabis dispensaries within close proximity and that the only new dispensaries opening are adult-use retail stores that cater to recreational users and not medical patients. The next meeting is scheduled for February 2024.

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Veriheal

APRIL 16, 2024

As such, there are now more than 440,000 cannabis jobs available in states that have legalized medicinal or recreational marijuana. We expect losses in these markets to continue to thin out in 2024 and turn positive once again in 2025,” they stated. Fortunately, the report’s authors are not concerned. “We

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Veriheal

APRIL 23, 2024

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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Veriheal

NOVEMBER 6, 2023

Further, after several failed attempts to legalize medical cannabis, there’s is finally enough steam to put an initiative on the state’s 2024 ballot. In Kansas, medicinal CBD entails a THC concentration under 5%. Pro-medical cannabis lawmakers are preparing to introduce medical legalization to the state’s 2024 ballot.

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Cannabis Law Report

OCTOBER 30, 2019

Despite strong prescription growth in Australia and inroads in many jurisdictions abroad, not to mention recreational cannabis legalisation in Canberra which paradoxically may be a threat to the sector , weak investor sentiment has been a tough pill to swallow for medicinal cannabis companies on the ASX. million. .

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Cannabis Law Report

AUGUST 12, 2019

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. A study bankrolled by cannabis companies estimates the Asian market to be worth as much as US$5.8

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Cannabis Law Report

AUGUST 20, 2021

In Germany, the medicinal cannabis market is worth €200 million. Also, while the country’s market is about to reach £1 billion in value by 2024, “with the right regulatory framework, it could be greater.”. Dr Poulter ends his article by saying: “All GPs should be given a free hand to prescribe cannabis medicines.

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Veriheal

JANUARY 8, 2024

Cannabis use in Texas remains illegal, with few exceptions, leading consumers to turn to other states and options to obtain medicinal or recreational marijuana. Some towns, like Lubbock, are planning to vote on local marijuana usage in 2024. Hemp products, including delta-8 and delta-9 , are also legal in Texas.

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Cannabis Law Report

JUNE 5, 2021

For example, the fact that more than 50 countries in the world have already advanced with some type of cannabis regulation for medicinal and industrial use and that, by 2024, a global production of $42,700 million is projected. ley cáñamo argentina.

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Veriheal

MARCH 23, 2024

The law is set to take effect in June 2024 , marking a major shift in Ukraine’s healthcare policy. Countries like Germany , Italy , and Portugal have already embraced medicinal cannabis use. A large majority, 248 out of 401 members, voted in favor of legalizing medical cannabis.

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Cannabis Law Report

MAY 9, 2019

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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Medicinal Genomics

JULY 13, 2023

But Kevin McKernan, our very own CSO and Medicinal Genomics founder, debuted promising new research that found certain cannabis strains exhibit HLVd Viroid resistance, which they signal by turning their leaves purple. The post 12 Things You Missed at CannMed 23 appeared first on Medicinal Genomics. Stay tuned for that.

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Veriheal

AUGUST 11, 2023

Also known as the Natural Medicine Health Act 2022, Prop 122 was eventually assented to and passed into law. At the time of writing, l icensed facilities are not expected to open until late 2024. However, the state first needs to create a structure to regulate the operations of these licensed facilities.

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Cannabis Law Report

SEPTEMBER 3, 2019

billion by 2024. In the US, medicinal cannabis is legal in 33 states, while adult-use cannabis is legal in 11 (and Washington DC). In the US, medicinal cannabis is legal in 33 states, while adult-use cannabis is legal in 11 (and Washington DC). Here’s the report’s key findings.

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Cannabis Law Report

NOVEMBER 25, 2021

Hemp and cannabis have found favour globally as medicinal herbs due to the presence of two main active ingredients: tetrahydrocannabinol (THC) and cannabidiol (CBD). According to the latest announcements, the FDA will not consider providing such licences to foreign entities until 2024 at the earliest. in the description of goods.

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Veriheal

MAY 19, 2023

The Science Behind Ketamine’s Rise Ketamine has quickly become one of the hottest alternative medicines on the market thanks to its ability to help those with depression and chronic pain. This means workplaces will essentially treat cannabis use the same way they treat alcohol consumption. The bill goes into effect on Jan.

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Veriheal

SEPTEMBER 21, 2021

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.” Apparently, the cannabis market is projected to reach over $63 billion by 2024. . Tilray Inc.

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Medicinal Genomics

JANUARY 10, 2024

CannMed started in 2016, when Medicinal Genomics partnered with Dr. Raphael Mechoulam to host the leading researchers and clinicians in cannabinoid medicine at Boston’s Harvard Medical School. Take a look at the schedule of events , and explore the website to learn more about what makes CannMed the can’t miss cannabis event of 2024!

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Cannabis Law Report

JUNE 23, 2021

The company’s target is 20 clinics by the end of 2024. In addition to those plans, Awakn has a next-generation drug development program of patentable psychedelic medicines or ‘NCEs’ (New Chemical Entities) targeting addiction, research led by Prof. David Nutt), starts in Q4 2021. David Nutt, Dr. Shaun McNulty, and Prof.

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Veriheal

DECEMBER 9, 2022

However, this theory has already been debunked by a study from the American Journal of Preventative Medicine (AJPM) in November. The researchers behind this study alleged that these figures are a cause for concern, showing that cannabis legalization puts cannabis in the hands of children and teens. What do you think of this ongoing trend?

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Cannabis Law Report

MAY 16, 2022

per ounce of fresh cannabis plant, and these taxes are paid on all recreational and medicinal cultivation of cannabis. Despite the tax cut, a recent analysis found that removing the cultivation tax would actually increase overall tax revenue from cannabis sales by 123 percent by 2024 due to an expected increase in sales.

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Cannabis Law Report

JULY 28, 2022

Recently, C4 Ventures invested in cannabis company Cannaray, eyeing the wider European market for medicinal cannabis and CBD products. V4’s investment and media campaign reflects the huge emerging market growth of medicinal cannabis and CBD attributed to consumer awareness of the health benefits now available from cannabis.

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Veriheal

OCTOBER 1, 2020

African, Asian, American, European, and other countries have all been following the global cannabis movement, whether for recreational or medicinal purposes. As a result, the UK proposed medicinal cannabis regulations in 2018. . The UK’s 2018 Medicinal Cannabis Regulations. UK vs. US Cannabis Market. The United Kingdom.

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Cannabis Law Report

NOVEMBER 3, 2021

Even though Germany will continue to dominate the European market for medical cannabis until at least 2024, industry consultants Prohibition Partners expect the UK medical cannabis market to show the most significant growth of any country in Europe by 2025.

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Cannabis Law Report

JUNE 24, 2021

Delta-8 THC and recreational hemp-based CBD should open a strong new source of sales and revenues as we can now serve those wanting medicinal relief and those seeking pleasure.’ These same analysts expect the market to see a 49 percent CAGR by 2024. Analysts estimate the CBD market enjoyed just over $4 billion in sales in 2019.

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Veriheal

JANUARY 25, 2022

Analyst predictions featured in the Asia Cannabis Report suggest that Thailand’s prospective legal medical and recreational cannabis market could be worth $661 million USD by 2024. Sri Lanka’s Economy and the Worsening Financial Crisis . Asia’s market could reach $5.8 billion USD within the next few years.

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Cannabis Law Report

JANUARY 20, 2022

Echo Life and Ace & Axle will form part of Labat’s retail portfolio that already includes Cannafrica, a medicinal and luxury CBD lifestyle brand with three outlets in South Africa, an online store and three additional stores opening in the coming months. billion (R135-billion) by 2028.

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