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Gov. Newsom’s Budget Trailer Bill Makes Significant Reforms to California Cannabis Laws, Including Elimination of the Cannabis Cultivation Tax

Cannabis Law Report

Gavin Newsom signed budget trailer bill Assembly Bill 195 (AB-195) into law. AB-195 contains several significant reforms to California’s cannabis laws. California Cannabis Cultivation Tax Eliminated. The budget trailer bill eliminated the cannabis cultivation tax beginning July 1, 2022.

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Corruption in the Legal Cannabis Industry: Temptation Facilitated by Greed and Cannabis Cultivation

Veriheal

The newly emerging legal cannabis industry has cultivated more than just cannabis and jobs. Moving forward to 2025, the economic impact is projected to achieve a value of around $160 billion. Moving forward to 2025, the economic impact is projected to achieve a value of around $160 billion. It also produces a lot of capital.

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Global Polyethylene (HDPE, LDPE & LLDPE) Market Report 2021-2025 with Potential Impact of COVID-19 – ResearchAndMarkets.com

Cannabis Law Report

billion in 2025, growing at a CAGR of 4.87% during the period spanning 2021-2025. Growing cultivation of cannabis and increasing demand for plastic films is expected to act as a major key trend for the market. The global polyethylene market inclined to US$169.27

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Columbia Care Announces Closing of US$74.5 Million Private Placement Offering of 6.00% Secured Convertible Notes Due 2025

Cannabis Law Report

(NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”) is pleased to announce that it has closed its previously announced private placement (the “Offering”) issuing US$74,500,000 aggregate principal amount of 6.00% secured convertible notes due 2025 (the “Notes”). Securities Act or any state securities laws.

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Illinois Hemp regulation battle continues

Illinois News Joint

The bill would create the Intoxicating Hemp-Derived THC Consumer Products Safety Committee, which would include 19 committee members, who would issue a consumer-safety standards report on or before Jan.

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Senate Bill 1723 moves to Subcommittee on Cannabis

Illinois News Joint

SB1723 deletes the provision that states any person or entity awarded a craft grower license under specified provisions “shall only hold one craft grower license” and removes language providing that a craft grower shall not be located within 1,500 feet of another craft grower but leaves in the restriction for “a cultivation center.”

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Pakistan to announce cannabis cultivation policy by December

Cannabis Law Report

During a meeting of the Standing Committee of the National Assembly on Science and Technology, Minister Faraz stressed that the global cannabis market will reach 95 billion rupees ( editor’s note: the equivalent of 1 billion euros, an underestimated figure ) by 2025. Cannabis seeds will also be produced near Rawat,” Faraz said.

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