Remove 2025 Remove Cultivation Remove Hemp
article thumbnail

Florida’s Cannabis and Hemp Landscape: Key Regulatory Changes to Watch

Canna Law Blog

Floridas cannabis and hemp industries are undergoing significant regulatory shifts. From proposed legislation targeting hemp products to new rules affecting packaging and labeling, heres what you need to know about the latest developments in the Sunshine State. Hilary Cassel, also seeks to regulate hemp extract products.

Hemp 69
article thumbnail

Illinois Hemp regulation battle continues

Illinois News Joint

Stakeholders’ ongoing battle over hemp regulations in Illinois continued this week. Lakesia Collins renewed their call to move forward with their proposals for hemp regulations and taxation ( House Bill 5306 , House Bill 4161 , and Senate Bill 3790 ). New sponsored legislation from Sen. Kimberly A. La Shawn K. Ford and Sen.

Hemp 105
Insiders

Sign Up for our Newsletter

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

article thumbnail

Hemp CBD Across Europe: The United Kingdom

Canna Law Blog

The enactment of the 2018 Farm Bill and the legalization of hemp and hemp derivatives, including cannabidiol (“CBD”), has led to a massive CBD craze in the United States. According to a recent study by Cowen , the sales of these products are expected to reach $16 billion by 2025. Hemp CBD Products. Hemp CBD Foods.

Hemp 106
article thumbnail

NY: CPA & Business Advisory Service Launches Cannabis & Hemp Advisory Practice

Cannabis Law Report

Here’s their press release in full…… DeJoy, Knauf & Blood LLP Launches Cannabis and Hemp Advisory Practice. The new practice leverages the firm’s in-depth cannabis and hemp industry knowledge and expertise of the tax implications, regulatory environment, as well as critical operating and financial procedures.

Hemp 71
article thumbnail

4 Hemp Farming Tips to Help Increase Your Profits

Cannabis Law Report

Since the 2018 Farm Bill loosened limitations on hemp production, you have heard a lot about hemp’s enormous economic potential. MarketsandMarkets projects that the industrial hemp market will increase from $4.6 billion by 2025. All crops have distinct obstacles in their growth, and hemp is no exception.

Hemp 52
article thumbnail

Illinois cannabis patients ignored for another year

Illinois News Joint

The new law allows for the uncoupling for “state tax deductions” for any cannabis establishment operating in this State and licensed under the Cannabis Regulation and Tax Act or any cannabis cultivation center or medical cannabis dispensing organization operating in this State and licensed under the Compassionate Use of Medical Cannabis Program Act.

Patients 105
article thumbnail

Canada: Government of Alberta announces funding for development of new hemp processing facilities

Cannabis Law Report

A new investment of $900,000 will see two new state-of-the-art hemp processing plants developed in Alberta. The Government of Alberta announced new investment into the province’s hemp industry and processing capabilities. The Canadian Hemp Trade Alliance projected a $1-billion hemp industry in Canada by 2025.

Hemp 52