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Reports Says, “Legal Marijuana Market Worth $66.3 Billion By 2025 | CAGR: 23.9%”

Cannabis Law Report

The global legal marijuana market size is expected to reach USD 66.3 billion by the end of 2025, according to a new report by Grand View Research, Inc. Increasing legalization and use of marijuana in medical as well as recreational applications is expected to promote the growth. legal cannabis market was valued USD 11.9

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From Farms to Festivals: New York’s Innovative Approach to Cannabis Sales and Showcases

Veriheal

Thanks to the New York Office of Cannabis Management, the idea of a legal cannabis showcase program is now a reality. This decision by the state’s Cannabis Control Board was made to help cannabis cultivators earn a return on their investment. They can also legally peddle their products at concerts and other public events.

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These States Could be the Next to Legalize Cannabis

Veriheal

Cannabis legalization is happening regardless of the US federal government’s draconian stance on the subject. Despite cannabis remaining against the law on a federal level, many states have been allowing the sale, cultivation, and consumption of cannabis, with more states joining all the time.

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Illinois Senate creates cannabis omnibus

Illinois News Joint

The first amendment adds that a “craft grower may contain up to 14,000 square feet (instead of 5,000) of canopy space on its premises for plants in the flowering state, which must be cultivated in all stages of growth in an enclosed and secure area.”

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Legal aid groups in Oregon get state funds to recover stolen wages for cannabis farm workers

Cannabis Law Report

Cannabis farms are regulated under Oregon OSHA rules regarding agriculture , but, according to law enforcement officials in Southern Oregon , the worst working conditions often take place at illegal operations. She adds they’ve tapped multiple legal groups to help with this new grant funding, including the Northwest Workers Justice Project.

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California Wildfires Leave Cannabis Growers Quaking in their Boots

Veriheal

Cannabis cultivators in California, where legal cannabis sales reached $2.2 million acres of land was burnt to a crisp — cannabis cultivators are preparing to kiss goodbye to their harvests. California’s cannabis cultivators are required to abide by testing regulations for harmful chemicals and residual solvents.

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Mongabay Article: Legal and illegal cannabis: A cause for growing environmental concern

Cannabis Law Report

Legalization of cannabis for medicinal and recreational use is an expanding global trend in the U.S. Both the legal and illegal markets are linked to environmental challenges such as freshwater use, land-use change, toxic and nutrient pollution, and climate change-contributing CO2 emissions. SOURCE : [link]. A growing trend.