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A homegrown business: Medical cannabis firm Equinox set for a London IPO with an eye on ending Britain’s reliance on imports

Cannabis Law Report

Medical cannabis business Equinox International is planning to list on the London Stock Exchange to raise cash for a ‘state-of-the-art’ cultivation, extraction and production facility on a Home Office-approved 20-acre UK site. UK medical cannabis market to have addressable market of £7.5bn by 2028 . ’ Source: [link].

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Innovative Industrial Properties Expands Long-Term Real Estate Partnership With Goodness Growth Holdings in New York

Cannabis Law Report

Concurrent with the closing of the land purchase, IIP amended its existing lease at the adjacent property to incorporate this new project, and Goodness Growth intends to operate the consolidated property as a licensed cannabis cultivation and processing facility upon completion of development. About Innovative Industrial Properties.

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

Cannabis Law Report

legal cannabis is expected to generate as much as $43 billion by 2025. illegal cultivation continues feeding large swaths of demand to the tune of $65 billion in 2020. Malta became the first European country to fully legalize it, and Germany may soon follow suit , with potential ripple effects across the European Union. In the U.S.,

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

Cannabis Law Report

Of the cannabis-related tax revenue it collects, the state distributes 40% to public schools, 15% to law enforcement, and 25% to mental health and treatment programs. The state’s medical cannabis program did not have dispensaries, meaning there were no cannabis businesses that could transition to adult-use cultivators and retailers.

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

Cannabis Law Report

Of the cannabis-related tax revenue it collects, the state distributes 40% to public schools, 15% to law enforcement, and 25% to mental health and treatment programs. The state’s medical marijuana program did not have dispensaries, meaning there were no cannabis businesses that could transition to adult-use cultivators and retailers.

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International and Cross-Border Tax Issues in the Cannabis Industry

Greenspoon Marder Cannabis Law Group Blog

Moreover, as a result of the enactment of what is commonly referred to as the Tax Cuts and Jobs Act of 2017 (the “Act”), the treatment of income derived by foreign affiliates of U.S. For years that begin after 2025, the deduction will be reduced to 37.5% Instead, only the U.S. companies have been dramatically revised as follows.

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Meritas Law Firms Worldwide Article: Global Cannabis Industry: The Essential Primer

Cannabis Law Report

As more countries legalize or decriminalize the cultivation, manufacture, sale, and use of cannabis, companies across a variety of industries are looking for opportunities to capitalize on this emerging market. CBD candles and outdoor grow lights for home cultivation) are expected to embrace cannabis to various degrees.

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