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The Week in Weed: June 2, 2023

The Blunt Truth

Sales won’t begin immediately; dispensaries will likely open in late 2024 or early 2025. Note: on-site consumption will not be permitted. It’s also the first state in the upper Midwest to allow adult-use, so look for lawmakers in neighboring states to notice the tax revenue crossing the border.

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Indigenous Innovation in the Minnesota Cannabis Industry

Canna Law Blog

Pioneering Tribal cannabis projects and organizations Innovative endeavors like Nuwu’s Sky High Lounge in Las Vegas, Nevada, highlight the social and cultural dimensions of cannabis, offering a unique gathering space that celebrates Indigenous traditions and promotes responsible consumption.

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Cannabis Meets Lollapalooza, First Festival Since Illinois’ Legalization

Cannabis Law Report

According to cannabis market research firm, BDSA , out-of-state travelers coming to Lollapalooza is expected to boost dispensary sales in Chicago. . Now that cannabis can be purchased legally in Illinois, one might wonder if the consumption of illegal, potentially unsafe drugs will decrease at the festival. It’s a good market to join.

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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. million as aggregate federal tax revenue by 2025. Jobs and Income: Setting up dispensaries and marijuana nurseries would be the first step for states to vote for medical marijuana. Mississippi also voted for allowing medical marijuana.

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Thailand’s First Official Cannabis Store Belongs to California Rapper Berner

Veriheal

Thanks to the new law, Thai residents can legally cultivate the plant for personal consumption. . billion) by 2025—Berner decided to introduce his brand to the Southeast Asian country’s market. billion) by 2025—Berner decided to introduce his brand to the Southeast Asian country’s market.

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New York Medical Marijuana Guide

Cannabis Law Report

The first person to investigate the purported effects of cannabis consumption was Fiorello H. In 1944, the La Guardia Committee report studying the issue of cannabis consumption in New York was released. Researchers predict that the market will be valued at $7 billion by the year 2025. How to choose a good dispensary? .

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Legal Cannabis Predictions: What the Future of Legal Weed Looks Like

Cannabis Law Report

The global legal marijuana market should be worth almost $150 billion by 2025. At the moment, the biggest concern of all legal manufacturers and dispensaries are pot taxes. Unfortunately, there seem to be a lot of illegal marijuana dispensaries due to current high taxes. Basically, the figures speak for themselves.