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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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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. How are hemp farmers keeping up? AI can also find impurities stunting the hemp plant’s growth, such as mold. AI helps in a multitude of ways.

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Zimbabwe harvests first cannabis crop

Cannabis Law Report

ZIMBABWE has begun harvesting its first crop of legally cultivated industrial hemp after it decriminalised cannabis in 2018 to tap into the multi-billion-dollar industry. Last year, the Zimbabwe Industrial Hemp Trust (ZIHT) planted five varieties of European industrial cannabis on a 10-hectare plot at Harare Central Prison.

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Hemp, Inc. Announces Microcap Daily Article Names Company Among ‘Most Active’ in Small Caps

Cannabis Law Report

OTCMKTS: HEMP).”. OTCMKTS: HEMP).”. The article also highlights Hemp, Inc. In this interview Bruce shares the latest news from around the country and about Hemp, Inc. – Unfortunately, OTC’s statement on its website continues to cause a misunderstanding regarding Hemp, Inc.’s s reporting status.

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Luff Announces Exclusive Wholesale Distribution Agreement with Alkannoli Lda for German and Portugal Markets

Cannabis Law Report

According to New Frontier Data, the CBD market in Europe was worth € 8.3 billion by 2025. LUFF is one of the more successful brands to emerge out of the US and Canada, we believe that bringing our collective experience will create positive results for us both in this fast-growing innovative space.”. About Luff Enterprises Ltd.

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4 ways to make cannabis more environmentally friendly

SpeedWeed

According to cannabis analytics firm New Frontier Data , legal and illicit cannabis crops used around 2.8 billion gallons of water in 2020, with that number predicted to nearly double by 2025. Collect rainwater to water the plants. Aquaponics: The future of sustainable cannabis is fueled by fish poop. Use all-natural fertilizer.

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UK: New trade association launching today to lead CBD industry regulation

Cannabis Law Report

Signatories will commit to a framework of legal compliance and quality controls, primarily based on a recent decision by the European Commission to classify all extracts of hemp and derived products containing cannabinoids (including CBD) as Novel Foods. The ACI is an initiative led by the Centre for Medicinal Cannabis.

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