Cannabis Law Report
JULY 23, 2021
billion and projected to be worth $41 billion by 2025. The legislation also doubles the amount of THC concentration allowed, from 0.5% Goodblend was the first medical cannabis company in the state to provide lozenges, cannabis-infused lotions, gummies and a THC dominant edible. Marcus Ruark, President of goodblends in Texas.
Canna Law Blog
MARCH 13, 2024
The edible market alone is projected to grow by $25.27 billion from 2020 to 2025 at a CAGR of 21.74%. Note that licensing requirements for growing industrial hemp, which doesn’t contain significant concentrations of THC, are different from licensing requirements for THC-containing cannabis plants.
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Cannabis Law Report
DECEMBER 2, 2021
Several cannabis products like concentrates, flowers, edibles like XO Nic Salt , chocolates, and cookies saw a remarkable increase. million as aggregate federal tax revenue by 2025. A recent report shows that nationwide legalization may generate around 1 million jobs by the year 2025.
Cannabis Law Report
SEPTEMBER 22, 2022
The bill makes various related revisions to the definitions under MAUCRSA, would exclude livestock and food animals, as specified, from the definition of “animal,” for these purposes, and would specify that cannabis concentrate and edible cannabis products are not considered processed pet foods as defined under the Pure Pet Food Act of 1969.
Cannabis Law Report
SEPTEMBER 10, 2022
Before diving into the task force’s regulatory proposals regarding cannabinoids, it is important to frame the discussion by explaining that the key distinction between marijuana and hemp is simply that the latter is defined as cannabis plants and products with a delta-9 THC concentration of less than 0.3%. concentration threshold.
Cannabis Law Report
DECEMBER 16, 2021
Ultimately, the rules will mandate what testing will be required, but Section 96 of Measure 109 provides some examples of tests that could be required: microbiological contaminants, pesticides, other contaminants, solvents and residual solvents, and psilocybin concentration.
Dykema (Cannabis Law Blog)
JUNE 7, 2023
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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