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Corruption in the Legal Cannabis Industry: Temptation Facilitated by Greed and Cannabis Cultivation

Veriheal

The newly emerging legal cannabis industry has cultivated more than just cannabis and jobs. Moving forward to 2025, the economic impact is projected to achieve a value of around $160 billion. Moving forward to 2025, the economic impact is projected to achieve a value of around $160 billion. It also produces a lot of capital.

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Gov. Newsom’s Budget Trailer Bill Makes Significant Reforms to California Cannabis Laws, Including Elimination of the Cannabis Cultivation Tax

Cannabis Law Report

California Cannabis Cultivation Tax Eliminated. The budget trailer bill eliminated the cannabis cultivation tax beginning July 1, 2022. The harvested cannabis was first sold or transferred by a cultivator to a distributor on or after July 1, 2022. California Cannabis Excise Tax Capped at 15% for Three Years.

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Curaleaf International Advances Accessibility of Medical Cannabis Products in Germany with Strategic Partnership

Cannabis Law Report

billion 1 by 2025. Curaleaf International (formerly EMMAC Life Sciences Group) is Europe’s largest vertically integrated cannabis company, bringing together pioneering science and research with cutting-edge cultivation, extraction and production. Germany is Europe’s largest market for medical cannabis.

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Illinois Senate creates cannabis omnibus

Illinois News Joint

The first amendment adds that a “craft grower may contain up to 14,000 square feet (instead of 5,000) of canopy space on its premises for plants in the flowering state, which must be cultivated in all stages of growth in an enclosed and secure area.”

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Alert: Governor Gavin Newsom signs legislation implementing the 2022-23 state budget, including trailer bill focusing on measures to bring tax relief to the cannabis industry

Cannabis Law Report

The cannabis tax reform trailer bill will: Indefinitely suspend the cannabis cultivation tax effective July 1, 2022. Retain the current 15-percent excise tax rate until at least 2025, and thereafter increase the tax rate (no higher than 19 percent) as necessary to make up for cultivation-tax revenue.

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$25 million medical cannabis facility to bring “Budding Industry” to San Marcos

Cannabis Law Report

billion and projected to be worth $41 billion by 2025. With added growth to the industry, goodblend’s new facility will ultimately create several hundred jobs in a wide range of roles including cultivation, manufacturing, analytical chemistry, formulation science, marketing, customer support, and retail.

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In the Final Days of Their Reg A+ Equity Crowdfunding Campaign, The Good Earth Organics, Inc. CEO Tony Luciano Comments on the Recently Proposed Cannabis Administration and Opportunity Act

Cannabis Law Report

(GEO), a leading manufacturer and distributor of premium certified organic soils and nutrients specifically designed to optimize the purity and yield of cannabis and hemp cultivation, will close its Regulation A+ crowdfunding raise this Friday, July 23, 2021 at 11:59 pm. For more information on the offering and to invest, visit: [link].

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