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The Week in Weed: June 2, 2023

The Blunt Truth

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. Sales won’t begin immediately; dispensaries will likely open in late 2024 or early 2025. So where does that leave the state’s Legal Marijuana Now Party? Note: on-site consumption will not be permitted.

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

Cannabis Law Report

Several states held votes for determining the legal marijuana industry’s future in one form or the other. And, these involved making marijuana consumption for recreational purposes. Mississippi also voted for allowing medical marijuana. Some key benefits of legalizing marijuana are: Impacts Tax Revenue.

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New York Medical Marijuana Guide

Cannabis Law Report

Marijuana has been a long-standing subject of controversy in the U.S Even though 47 states have legalized cannabis for some forms of medical use , New York significantly falls behind its neighbors in terms of marijuana legislation. History of Marijuana Legislation in New York. In 1927, marijuana was restricted completely. .

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

Veriheal

Since this time, the 38-year-old has built one of the country’s most well-known marijuana lifestyle brands. ” Cookies’ Foray Into Thailand’s Legal Marijuana Market. Thanks to the new law, Thai residents can legally cultivate the plant for personal consumption. .

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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. Therefore, if you’re thinking about investing in legal marijuana stocks, now would be the time to purchase some since the prices are only going to increase. At the moment, the biggest concern of all legal manufacturers and dispensaries are pot taxes.

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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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California: Starting April 1st, Cannabis Operators Face CEQA Compliance Requirements for State Licenses

Cannabis Law Report

So long as an existing provisional licensee can demonstrate that it is “actively and diligently” pursuing an annual license, such licensees may continue to operate and will be eligible for renewal every 12 months until January 1, 2025. Energy consumption. 5] See Union of Medical Marijuana Patients, Inc. Air quality.