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Report: Federal Marijuana Legalization Would Create $86 Billion in New Tax Revenue by 2025

The Joint Blog

New Frontier Data , which claims to be “the authority in data analytics and business intelligence on the global cannabis industry”,?today today announced new economic data detailing the potential impact of federal cannabis legalization in the United States. cannabis market by 2025, states the report.

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Canada: Ottawa has lost control of veterans’ medical cannabis program, audit finds

Cannabis Law Report

And that number is expected to grow to $200 million this year and $300 million by 2025-26. Collection of data and trends to inform policy. The result: Veterans Affairs spent more than $150 million on medical marijuana last year — more than on all other prescription drugs combined. Read full report. Executive Summary.

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Infographic: AI & Robotics Enhance Cannabis Farming

Cannabis Law Report

Data Science isn’t new, but using it to grow hemp is. By 2025, legal marijuana sales in the United States alone are expected to reach $23 billion. Seedo can take pictures of hemp growth, collect information on ifs environment, and modify its growth treatment in real-time. How are hemp farmers keeping up?

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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. local sales tax on adult-use cannabis and has collected $237.5 From February 2017 through August 2021, the local taxes collected totaled $86.1 The city of Denver, for example, applies an additional 5.5%

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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

Any cultivation tax collected on cannabis that enters the commercial market on or after July 1, 2022, must be returned to the cultivator that initially paid the cultivation tax or, if unable to be returned to the cultivator, must be paid to CDTFA as excess tax. Delivery Data Required to be Reported in Metrc.

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RYAH Group Ships Devices for Use in Pilot Program with Medicann in Jersey, Channel Islands

Cannabis Law Report

Medicann is launching an observational study using RYAH Smart Dry Herb Inhalers in order to collect patient feedback on consumption of cannabis strains available on the Island, including strains supplied by Aurora Europe , a subsidiary of Canadian-headquartered Aurora Cannabis Inc., billion) by 2025. to reach 3.2 billion euros ($3.75

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Khiron Opens First clinic in Europe with Zerenia™ Clinics UK

Cannabis Law Report

This collectively brings the Company’s total clinic count to 15 globally. Even though Germany will continue to dominate the European market for medical cannabis until at least 2024, industry consultants Prohibition Partners expect the UK medical cannabis market to show the most significant growth of any country in Europe by 2025.

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