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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. Permits and taxes legal recreational sales from licensed retailers starting December 1, 2022. The initiative does not establish a licensed recreational marijuana market.

Law 111
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Cannabis taxes may generate $12 billion for U.S. states by 2030, according to Barclays strategists

Cannabis Law Report

This year, five states—New York, New Jersey, Connecticut, Virginia and New Mexico legalized recreational pot, bringing to 18 the number of states enacting law to regulate and tax cannabis for adult use. Municipalities must commit the stimulus money by 2024, and spend it by 2026. California may bring in $1.7 Read more at [link].

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Maryland Hemp Industry Challenges New Cannabis Licensing

Veriheal

The Maryland Hemp Coalition, hemp farmers, and other hemp-related businesses have filed a suit, challenging Maryland’s new recreational cannabis licensing policy, which they say favors only a special handful of businesses. milligrams per package, whether for ingestion or inhalation. 1, 2024, or later.

Hemp 52
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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. Permits and taxes legal recreational sales from licensed retailers starting December 1, 2022. The initiative does not establish a licensed recreational marijuana market.

Law 52
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Tilray Hosts 2021 Annual Meeting of Shareholders November 22 2021

Cannabis Law Report

Tilray’s Leading European Footprint and Market Leadership in Germany Positions the Company to Seize Recreational Cannabis Opportunity. This ‘current value plus upside’ model is the backbone of the pursuit of our target of delivering $4 billion in revenue by the end of fiscal 2024. NEW YORK, Nov. Strong Presence in the E.U.:

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Hollister Biosciences Inc. Reports First Quarter 2021 Financial Results

Cannabis Law Report

Legal sales of adult-use cannabis in Arizona commenced midday on Friday January 22 nd , several months ahead of industry expectations, and the fastest that any of the 15 states with recreational marijuana has gone from voter approval to actual sales. The state realized over $2.9M in recreational sales within 10 days of legalization.

Hash 96
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Cannabis Training University Publishes U.S. Cannabis Employment Report 2022

Cannabis Law Report

Cannabis companies look for experienced and talented employees, leading to competitive job salaries and benefits packages. Packaging Manager. In 2024, a vote on adult-use cannabis may propel the market to greater heights. New Jersey – Recreational sales are expected to start by summer 2022. Cannabis Job Salaries in 2022.