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

Cannabis Law Report

Since 2014 when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. 7 Monthly excise tax data: [link] (for data prior to 2017); Monthly sales tax data and excise tax estimates based on sales volume provided here: [link].

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UK: New trade association launching today to lead CBD industry regulation

Cannabis Law Report

The Centre for Medicinal Cannabis’ conference sees the launch of the association, a platform which brings together leading businesses and experts committed to fostering a legally compliant, socially responsible and innovative CBD industry, which puts customers’ safety first. The Association for the Cannabinoid Industry.

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

Cannabis Law Report

Since 2014, when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. Data for tax revenue from wholesale taxes has not yet been made available. Legalizing marijuana for adults has been a wise investment. New Mexico (pop.

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4 ways to make cannabis more environmentally friendly

SpeedWeed

Many regulated markets mandate indoor cultivation of marijuana for “security” and “safety” reasons, but the downside is that more energy is needed to support this type of production. According to cannabis analytics firm New Frontier Data , legal and illicit cannabis crops used around 2.8 View Katana Dumont’s articles.

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

Cannabis Law Report

billion in 2025, according to Grandview Research. Another researcher, New Frontier Data, pegged the global value of legal and illicit cannabis together at $340 billion in 2018. Many of these are meant to address public safety risks, especially for young people. alcoholic beverages, caffeine, and tobacco).

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Is Federally Legal Marijuana Coming Soon?

SpeedWeed

Financial pressures, public opinion, social inequity, and public safety could lead to federal cannabis legalization sooner than many people previously expected. Total sales of legal cannabis in states where it is currently legal are projected to reach nearly $30 billion by 2025 ($13.1 billion in adult-use states by 2025.