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The Week in Weed: June 2, 2023

The Blunt Truth

This week, we see Minnesota legalize adult-use cannabis. And finally, farmers’ markets for cannabis are in the works in New York. Sales won’t begin immediately; dispensaries will likely open in late 2024 or early 2025. In New York , markets focused on cannabis may be up and running this summer.

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Indigenous Innovation in the Minnesota Cannabis Industry

Canna Law Blog

A Tradition of Excellence For thousands of years, Native tribes across North America have harnessed the benefits of the hemp and cannabis plants. It’s no wonder, then, that Indigenous people are emerging as leading entrepreneurs and innovators in the burgeoning cannabis industry.

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Cannabis Meets Lollapalooza, First Festival Since Illinois’ Legalization

Cannabis Law Report

Not only is this the festival’s first post-COVID comeback, after being canceled last year, but also the decades-old event’s first run since Illinois’ adult cannabis market took off in 2020. . Chicago cannabis sales expected to increase as Lollapalooza kicks off tomorrow . Drug use is popular at Lollapalooza. It’s a good market to join.

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Thailand’s First Official Cannabis Store Belongs to California Rapper Berner

Veriheal

American rap artist and founder/CEO of the cannabis brands Cookies and VIBES Papers , is celebrating the launch of his new Cookies store in Thailand. Gilbert, whose stage name is Berner, described the Southeast Asian nation’s first cannabis store opening as “a huge step into the global market.”. Gilbert Anthony Milam Jr.,

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Legalizing Marijuana- What Economic Benefits Does the Act Bring Along?

Cannabis Law Report

And, these involved making marijuana consumption for recreational purposes. Overall, legalizing cannabis seems to bring a big push for state economies. The expected sales of cannabis in Washington and Colorado were better than expected. million as aggregate federal tax revenue by 2025. The Bottom Line.

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New York Medical Marijuana Guide

Cannabis Law Report

Even though 47 states have legalized cannabis for some forms of medical use , New York significantly falls behind its neighbors in terms of marijuana legislation. Marijuana remained illegal, however, until 1977, when the possession of 25 grams or less of cannabis was decriminalized. for decades.

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Legal Cannabis Predictions: What the Future of Legal Weed Looks Like

Cannabis Law Report

When it comes to predicting the future of cannabis, perhaps it would be best summarized by saying that it’s not going to be as wonderful as the majority of its users would like it to be. However, the latest hemp farm bill is a giant step in this battle since it means that, in a way, every part of cannabis has become legal except for the THC.