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Quick Guide to Cannabis Business Opportunities

Canna Law Blog

As of early 2023, 37 states have approved medical cannabis use by qualified individuals, and 21 states have approved it for recreational use. billion from 2020 to 2025 at a CAGR of 21.74%. Business Opportunities in the Cannabis Industry There are two main categories of cannabis businesses — plant-touching and ancillary.

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Delaware To Expand Medical Marijuana Access Ahead Of Adult-Use Legalization

Veriheal

In April 2023, Delaware became the 22nd state to legalize recreational cannabis with the passing of HB 1 and HB 2. Possession of up to an ounce was decriminalized, and plans are underway to open dispensaries statewide.

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Minnesota Legalizes Marijuana For Recreational Use

Dykema (Cannabis Law Blog)

On May 30, 2023, Governor Tim Walz signed legislation to legalize recreational use of marijuana for persons 21 years of age and older. Impact on Businesses The law creates licenses for 15 types of cannabis businesses, each of which will be subject to an application process, application fees, license fees, and renewal fees.

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The Worldwide Marijuana Industry is Poised to Grow by $28+ Billion During 2021 to 2025 – ResearchAndMarkets.com

Cannabis Law Report

DUBLIN–(BUSINESS WIRE)–The “Global Marijuana Market 2021-2025” report has been added to ResearchAndMarkets.com’s offering. billion during 2021-2025, progressing at a CAGR of 22.54% during the forecast period. Market outlook: Forecast for 2020 – 2025. Companies Mentioned. Bhang Corp.

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Global Legal Cannabis Market (2021 to 2025) – Featuring Aurora Cannabis, Bhang and Jazz Pharmaceuticals Among Others – ResearchAndMarkets.com

Cannabis Law Report

DUBLIN–(BUSINESS WIRE)–The “Global Legal Cannabis Market 2021-2025” report has been added to ResearchAndMarkets.com’s offering. bn during 2021-2025, progressing at a CAGR of over 21% during the forecast period. Market outlook: Forecast for 2020 – 2025. Companies Mentioned. Bhang Corp.

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Marijuana Delivery & Dispensary Laws In California

Cannabis Law Report

Since laws began to be changed to allow both medicinal, and recreational use of weed, a whole new industry has established itself. Famous names such as Mike Tyson have got involved in the marijuana business, and it no longer has any stigma attached to it. What types of laws surround dispensaries?

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4 Things to Consider When Opening a Marijuana Dispensary

Cannabis Law Report

Dispensaries are becoming more common and this is good news for anyone who is thinking about going into the marijuana business, but for the U.S. economic impact from cannabis sales is expected to reach $160 billion in 2025 and it’s expected that even more states will legalize the substance in the near future. economy as well.