2025 Concentrates Edibles THC 
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.
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
SEPTEMBER 10, 2022
3000, which passed with the intent of regulating novel cannabinoids such as delta-8 THC and addressing a theory that bad actors were obtaining hemp licenses as a cover for illegal marijuana production. delta-9 THC — remains federally illegal, and trade is relegated within independent, intrastate markets. concentration threshold.
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
FEBRUARY 18, 2020
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.
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.
Cannabis Law Report
JANUARY 9, 2022
million) | Tax rate: 9% cannabis sales tax; 4% local sales tax; for distributors, a potency tax on THC of $0.005/mg for flower, $0.008/mg for concentrates, and $0.03/mg mg for edibles. New York (pop. On March 31, 2021, Gov. Andrew Cuomo signed legislation (S.854-A/A.1248-A) 1248-A) legalizing cannabis for adults in New York.
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