Remove 2025 Remove Concentrates Remove Programs Remove Safety
article thumbnail

The Structure of the Global Cannabis Economy By Robert Hoban

Cannabis Law Report

By many estimates, the global cannabis economy is expected to exceed $95B by 2025. If a government chooses this lane, they have a responsibility to ensure safety, quality, and consistency. Roughly half of that value is attributed to the United States. Keep in mind, that’s in the face of federal illegality.

article thumbnail

9 Key Takeaways From LA’s Newest Ordinance Amendments

Cannabis Law Report

New Cultivation Licenses Limited To SEIAs through January 1, 2025. Namely, this new section of the Ordinance aims to bolster the Social Equity Program by limiting all future cultivation licenses in the City to Social Equity Individual Applicants (“SEIA”). Key Takeaways –. Relocations After the Issuance of Temporary Approval.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to (Prepare to) Open a Psilocybin Business in Oregon Under Measure 109

Cannabis Law Report

In November 2020, Oregon voters passed Measure 109, which creates a state-sanctioned program enabling adults over the age of 21 to access lab-tested psilocybin in a controlled setting, under the supervision of a licensed facilitator. A facilitator must also establish that they meet the two year residency requirement, until January 2025.

article thumbnail

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.

article thumbnail

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

Cannabis Law Report

Since 2014 when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. Colorado has a robust medical program, with about 1.6% Legalizing cannabis for adults has been a wise investment. of the population enrolled.

article thumbnail

New York Medical Marijuana Guide

Cannabis Law Report

The researchers found overwhelming benefits for the economy, public health and safety, and thusly recommended the development of a comprehensive regulatory framework for marijuana use in the city. . Researchers predict that the market will be valued at $7 billion by the year 2025. Current situation and fight for recreational use.

article thumbnail

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

Cannabis Law Report

Since 2014, when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. Colorado has a robust medical program, with about 1.6% As of May 2021, states reported a combined total of $7.9 of the population enrolled.