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Quick Guide to Cannabis Business Opportunities

Canna Law Blog

As of early 2023, 37 states have approved medical cannabis use by qualified individuals, and 21 states have approved it for recreational use. The edible market alone is projected to grow by $25.27 billion from 2020 to 2025 at a CAGR of 21.74%. Dispensaries: Dispensaries are the distribution hubs of the cannabis industry.

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Legalizing Marijuana- What Economic Benefits Does the Act Bring Along?

Cannabis Law Report

And, these involved making marijuana consumption for recreational purposes. 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. Mississippi also voted for allowing medical marijuana.

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Minnesota Legalizes Marijuana For Recreational Use

Dykema (Cannabis Law Blog)

On May 30, 2023, Governor Tim Walz signed legislation to legalize recreational use of marijuana for persons 21 years of age and older. 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.

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New York Medical Marijuana Guide

Cannabis Law Report

This guide will uncover key facts about recreational and medical marijuana use and the history of its laws in the state of New York. . The governor also launched an initiative to analyze how marijuana legalization for recreational use would affect the state in general. Current situation and fight for recreational use.

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Oregon Cannabis Proposals Could Dramatically Reshape Industry

Cannabis Law Report

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.

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

Cannabis Law Report

Retailers such as Walgreens, CVS, Rite Aid, Kroger, Safeway, Nordstrom, and DSW are selling or plan to sell CBD-infused topical lotions, cosmetics, and even edibles where they are legally able to do so. Colorado has legalized both recreational and medical use of cannabis. billion in 2025, according to Grandview Research.

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