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Washington State Eliminates Medical Cannabis Taxation

Canna Law Blog

In November 2012, Washington voters approved the production, processing, and retail sales of recreational cannabis within Washington state under what is known as Initiative 502 (“I-502”). Medical cannabis is often the only effective treatment that allows them to function and improve their quality of life.

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Germany’s Plans To Legalize Cannabis, A Psychedelic Task Force In MD, And AK’s Mental Health Care

Veriheal

Germany has plans to introduce cannabis to citizens, Maryland is creating a new psychedelic task force to study potential legalization, and Alaskans are considering psychedelics as an innovative new treatment for mental health issues. Follow along as we catch up on all of the cannabis and psychedelic news you may have missed last week.

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Thailand Reverses Historic Cannabis Decriminilization Decision

Veriheal

The newest decriminalization bill introduced in January 2024 , meanwhile, seems to have the support to pass. Despite Success — Thailand Never Wanted Canna-Tourism Thailand’s decriminalization of cannabis was never meant to legalize recreational use — let alone kick start a frenzy of cannabis tourism.

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New Mexico and Virginia Legalize Cannabis for Recreational Use

The Blunt Truth

Following closely on the heels of both New York and New Jersey enacting recreational cannabis laws, New Mexico and Virginia have enacted their own laws allowing adults to use cannabis for recreational purposes. Virginia Recreational Cannabis Law. Retail sales will not begin until January 1, 2024.

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Malaysia set to allow the import and use of medical cannabis

Cannabis Law Report

There is one problem, Malaysia currently has no registered cannabis-based treatment. billion by 2024, according to a report published in 2020 by Prohibition Partners. Although recreational cannabis still has not been approved. However, it was later withdrawn from the Malaysian market after three years. Malaysia and Thailand.

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Ukraine Lawmakers Vote to Legalize Medical Cannabis

Veriheal

The law is set to take effect in June 2024 , marking a major shift in Ukraine’s healthcare policy. These measures aim to keep the focus on helping people medically without increasing recreational use. This European trend shows a growing acceptance of cannabis as a medical treatment.

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

Cannabis Law Report

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.