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Hemp Consumer Products Act transforms Illinois regulations

Illinois News Joint

d) Beginning January 1, 2025, all active hemp processing registrations that process or manufacture products derived from hemp intended for human or animal consumption shall be regulated under the Hemp Consumer Products Act. Hemp flower shall not be sold to dispensaries.” If passed, the Hemp Consumer Products Act would begin Jan.

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Minnesota Legalizes Marijuana For Recreational Use

Dykema (Cannabis Law Blog)

The bill legalizes the production and sale of marijuana flower concentrates, topical and edible products, immature cannabis plants and seeds, and hemp-derived THC products. Cannabis manufacturers : Business may process cannabis flower into other products, such as concentrates, edibles, and topicals.

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Quick Guide to Cannabis Business Opportunities

Canna Law Blog

billion from 2020 to 2025 at a CAGR of 21.74%. Plant-Touching Businesses As the name implies, plant-touching cannabis businesses deal directly with the cannabis plant from seed to dispensary shelf. Dispensaries: Dispensaries are the distribution hubs of the cannabis industry.

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Beard Bros Article: Education Sorely Lacking for New Cannabis Consumers

Cannabis Law Report

billion by 2025. Suffice to say, it’s likely that we will be seeing this growth of the cannabis market, and an influx of customers into dispensaries and other cannabis businesses along with it. The lack of understanding becomes much more apparent when topicals, concentrates, oils, and the works are introduced. billion in 2028.

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New York Medical Marijuana Guide

Cannabis Law Report

Researchers predict that the market will be valued at $7 billion by the year 2025. And according to a Nielsen analytical report , the US market of legal marijuana will reach $41 billion in revenue by 2025, meaning that New York will make up close to 17% of the market share. You can learn more about the THC and CBD effects on our blog.

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The Biological and Effective Differences of Sativa and Indica

Otherside Farms

cannabis industry is projected to reach $30 billion in market value annually by 2025. Apart from THC and CBD , different types of marijuana contain molecules called terpenes that produce flavors and aromas. With flavors from floral and fruity to musky or earthy or musky, different cannabis strains vary in concentrations.

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

Cannabis Law Report

At the time, the state had an unregulated, arguably illegal, medical cannabis dispensary system, which was separate from the regulated adult-use program. In addition, the legislature allowed medical cannabis dispensaries to sell a limited amount of cannabis (five grams) to adults from October 2015 until December 31, 2016.