Remove 2025 Remove Concentrates Remove Cultivation Remove Data
article thumbnail

$25 million medical cannabis facility to bring “Budding Industry” to San Marcos

Cannabis Law Report

According to a New Frontier Data Report, the overall legal cannabis industry in America is valued at roughly $13.2 billion and projected to be worth $41 billion by 2025. The legislation also doubles the amount of THC concentration allowed, from 0.5% Marcus Ruark, President of goodblends in Texas.

Tincture 105
article thumbnail

Oregon proposes only using one type of mushroom for new psilocybin system, and no pills

Cannabis Law Report

But this is the first time Oregonians have been allowed to see some of the nuts and bolts of what some predict could grow into a billion-dollar industry nationally, according to Data Bridge Market Research. For example, under the draft rules, manufacturers can only cultivate one mushroom species: Psilocybe cubensis.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

MPP Report: Marijuana Tax Revenue in States that Regulate Marijuana for Adult Use

Cannabis Law Report

The state’s medical marijuana program did not have dispensaries, meaning there were no cannabis businesses that could transition to adult-use cultivators and retailers. Data for tax revenue from wholesale taxes has not yet been made available. The legislature and governor had legalized personal possession and cultivation only in 2018.

article thumbnail

CORRECTING and REPLACING Heritage Cannabis Executes Term Sheet with Merida Capital Holdings to Support Entry into the Missouri Market in Relationship with 3Fifteen Primo Cannabis

Cannabis Law Report

Total retail sales in Missouri are expected to grow to USD$650 million by 2025 per New Frontier Data. Merida believes that concentrates and other derivative products will perform well in the regional markets where 3Fifteen operates – St. market in Missouri. Merida is happy to support Heritage’s U.S.

Events 52
article thumbnail

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

Cannabis Law Report

The state’s medical cannabis program did not have dispensaries, meaning there were no cannabis businesses that could transition to adult-use cultivators and retailers. The legislature and governor had legalized personal possession and cultivation only in 2018. Phil Scott (R) allowed S. 54 to go into law without his signature.

article thumbnail

Meritas Law Firms Worldwide Article: Global Cannabis Industry: The Essential Primer

Cannabis Law Report

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. CBD candles and outdoor grow lights for home cultivation) are expected to embrace cannabis to various degrees.

Law 40