Veriheal

MAY 7, 2021

Maine proposed a bill that would legalize psilocybin therapy and another bill that decriminalizes all other illicit drugs. A separate bill has already been filed that decriminalizes all illicit drugs and instead reduces penalties to a civil fine that can be waived with a health assessment. . Video Transcript.

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Veriheal

NOVEMBER 28, 2022

With the passing of this amendment, a complementary bill will expunge convictions for conduct that became legal under the new law, provide grants to better support minority and women-owned businesses in the cannabis industry, and remove criminal penalties for possession of 2.5 ounces or less of marijuana. Starting Jan.

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Cannabis Law Report

SEPTEMBER 22, 2022

Still before Governor Newsom for his signature is SB 1496 , which would implement a series of changes to the state’s cannabis tax policy, including authorizing regulators to extend the deadline for tax payments by cannabis businesses located in areas affected by an emergency proclamation by the Governor.

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Cannabis Law Report

JUNE 26, 2022

law as a Schedule I Controlled Substance, 2 which means that its possession, sale or use is prohibited by federal law, even in those states whose laws have decriminalized the use of cannabis. Even more institutions offer certificates related to either the business or the science of the cannabis industry. Job Postings and Internships.

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Cannabis Law Report

AUGUST 14, 2021

Israel is expected to pass legislation in September, legalizing CBD and decriminalizing cannabis. Both companies have recent business developments worth noting and this partnership will create some synergy for them. The company predicts Q3-2021 will contain a significant increase in revenues from their current business strategies.

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SpeedWeed

AUGUST 10, 2021

billion gallons of water in 2020, with that number predicted to nearly double by 2025. Cannabis businesses and consumers can de-emphasize plastic use by: Investing in recycling initiatives, such as offering consumers a small discount for bringing in plastic containers that may be reused. Katana Dumont.

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Veriheal

JANUARY 26, 2024

Possession of up to an ounce was decriminalized, and plans are underway to open dispensaries statewide. ” Licenses for recreational dispensaries will begin going out in September of this year, so businesses should be opening in 2025.

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Cannabis Law Report

JUNE 9, 2021

Though Amazon does not currently sell marijuana, based on its sudden, vocal support of the Act, it is conceivable that the business behemoth may be exploring ways to tap into this new revenue stream. billion through 2025 in federal sales, business and payroll taxes and would add nearly 1.6 The company has nearly 1.3

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Cannabis Law Report

DECEMBER 10, 2021

Currently, marijuana possession for personal use is decriminalized in Germany. ” Interestingly, both the environmentally-minded Green party and business-focused FDP have called for legalization for many years. billion euros by 2025, about $3.7 The Politics of the Proposed Law. billion US dollars.

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Cannabis Law Report

OCTOBER 17, 2019

As more countries legalize or decriminalize the cultivation, manufacture, sale, and use of cannabis, companies across a variety of industries are looking for opportunities to capitalize on this emerging market. In fact, business segments as diverse as tourism (e.g., billion in 2025, according to Grandview Research.

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Cannabis Law Report

JUNE 18, 2022

But even in places where local laws have not been changed, the FCC would not be able to go after a station if it takes ads from a business selling hemp, hemp-derived CBD products, or other hemp-derived cannabinoid products. The bill passed by the House in April and would decriminalize cannabis in federal law. billion by 2025.

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SpeedWeed

MARCH 20, 2021

Total sales of legal cannabis in states where it is currently legal are projected to reach nearly $30 billion by 2025 ($13.1 billion in adult-use states by 2025. While there are still many obstacles in the way, here are four factors pushing lawmakers to consider federal legalization more seriously: 1. The Economy.

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The Joint Blog

NOVEMBER 29, 2020

This sudden surge is unlikely to ease anytime soon, with President-elect Biden and Vice President-elect Kamala Harris supporting a federal decriminalization of the plant. “Cowen now projects the legal marijuana market will grow to $34 billion by 2025, up from an earlier forecast of $31 billion. marijuana laws.

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