Cannabis Law Report

DECEMBER 29, 2021

DUBLIN–(BUSINESS WIRE)–The “Global CBD Market 2021-2025” report has been added to ResearchAndMarkets.com’s offering. billion during 2021-2025, progressing at a CAGR of 26.93% during the forecast period. Market outlook: Forecast for 2020 – 2025. Hemp – Market size and forecast 2020-2025.

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Cannabis Law Report

NOVEMBER 26, 2021

DUBLIN–(BUSINESS WIRE)–The “Global Legal Cannabis Market 2021-2025” report has been added to ResearchAndMarkets.com’s offering. bn during 2021-2025, progressing at a CAGR of over 21% during the forecast period. Market outlook: Forecast for 2020 – 2025. Five Forces Analysis. Threat of rivalry.

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Cannabis Law Report

JUNE 9, 2021

Not only would the MORE Act decriminalize cannabis, it would help provide for the expungement of low-level, federal marijuana convictions that have disproportionately affected the Black community. billion through 2025 in federal sales, business and payroll taxes and would add nearly 1.6 million jobs by 2026. View source.].

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Veriheal

SEPTEMBER 21, 2022

Then, in June of this year, the Kingdom decriminalized cannabis for adult-use purposes. billion) by 2025—Berner decided to introduce his brand to the Southeast Asian country’s market. .” Cookies’ Foray Into Thailand’s Legal Marijuana Market.

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Cannabis Law Report

AUGUST 14, 2021

Israel is expected to pass legislation in September, legalizing CBD and decriminalizing cannabis. By the end of September, the Israeli government is expected to pass a bill which decriminalizes cannabis and allows CBD to be a legal food supplement. In conclusion, Israel is set to legalize CBD and decriminalize cannabis in September.

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Veriheal

MARCH 24, 2023

If passed, the bill will take effect starting in January 2025. Finally Makes Good on Expungement Promises Though cannabis has been decriminalized in Washington, D.C., 1, 2025 deadline. This is not the first time that Kentucky has attempted to legalize medical cannabis. Do you think Kentucky will finally get medical cannabis?

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Cannabis Law Report

DECEMBER 2, 2021

million as aggregate federal tax revenue by 2025. A recent report shows that nationwide legalization may generate around 1 million jobs by the year 2025. It is because several states have moved to decriminalize pot in a myriad of ways. It is because of the exceptional benefits to the economy. And, why not?

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Veriheal

MAY 7, 2021

Maine proposed a bill that would legalize psilocybin therapy and another bill that decriminalizes all other illicit drugs. A separate bill has already been filed that decriminalizes all illicit drugs and instead reduces penalties to a civil fine that can be waived with a health assessment. . Video Transcript.

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Cannabis Law Report

JUNE 18, 2022

The bill passed by the House in April and would decriminalize cannabis in federal law. FCC Commissioner Nathan Simington told the Massachusetts Broadcast Association during a speech last November that he doubted current rules allow stations in states where marijuana has been decriminalized to accept ad dollars from cannabis dispensaries.

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Cannabis Law Report

OCTOBER 6, 2021

As you know around the country some cities have begun decriminalizing psychedelic compounds for personal and religious use. Other thoughts on where this is all going and will we be seeing by say 2025 a much more liberal understanding of these compounds in the wider population as we now see with cannabis.

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Veriheal

NOVEMBER 28, 2022

These new measures will take time, and it is estimated that recreational products will not be sold until 2024 or even 2025. ounces or less of marijuana. Starting Jan. 1, 2023, possession of marijuana will become a civil offense. Missouri (Amendment 3, Recreational Legalization): PASSED.

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Cannabis Law Report

DECEMBER 10, 2021

Currently, marijuana possession for personal use is decriminalized in Germany. billion euros by 2025, about $3.7 The new law will make cannabis legal, as well as boost the country’s drug harm reduction services and restrict cannabis advertising, as well as alcohol and tobacco advertising. The Politics of the Proposed Law.

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Cannabis Law Report

JULY 1, 2021

After years of silence in the marijuana debate, in 2020, Virginia decriminalized simple marijuana possession offenses and prohibited employers from requiring job applicants to disclose past charges for marijuana possession. All provisions go into effect on July 1, 2021. Background.

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SpeedWeed

MARCH 20, 2021

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. While there are still many obstacles in the way, here are four factors pushing lawmakers to consider federal legalization more seriously: 1. The Economy.

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Cannabis Law Report

MARCH 13, 2019

Similar decriminalization initiatives are being considered in states across the country and even at the Federal level – and is expected nationwide by 2025. The legalization of the adult recreational use of cannabis is expected to become reality with the adoption of the 2019-2020 New York State budget.

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Cannabis Law Report

FEBRUARY 18, 2020

Marijuana remained illegal, however, until 1977, when the possession of 25 grams or less of cannabis was decriminalized. Researchers predict that the market will be valued at $7 billion by the year 2025. What did pass in 2019 was a handful of marijuana decriminalization measures. billion in revenue.

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Cannabis Law Report

SEPTEMBER 22, 2022

While seemingly revolutionary, SB 1326 is contingent on an official assurance that the activity would not result in federal enforcement action against California – meaning, most likely, that this bill cannot be utilized until cannabis is federally decriminalized.

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SpeedWeed

AUGUST 10, 2021

billion gallons of water in 2020, with that number predicted to nearly double by 2025. She is an avid supporter of cannabis decriminalization and enjoys writing about the social impact of cannabis. According to cannabis analytics firm New Frontier Data , legal and illicit cannabis crops used around 2.8 Katana Dumont.

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Cannabis Law Report

JUNE 26, 2022

law as a Schedule I Controlled Substance, 2 which means that its possession, sale or use is prohibited by federal law, even in those states whose laws have decriminalized the use of cannabis. billion by 2025, 22 which is a powerful incentive for entry into this growing industry.

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Canna Law Blog

JANUARY 8, 2025

Poland’s Parliamentary Committee on Petition presented a proposal to decriminalize personal marijuana possession and home cultivation to the Prime Minister. Ukraine : Ukraine’s medical marijuana program, which has faced delays, is set to roll out in early 2025.

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Canna Law Blog

JANUARY 14, 2025

During the discussion, Czechia presented its three-pillar approach to cannabis regulation: (1) decriminalization ( in 2010, Czechia decriminalized cultivating up to five plants and possessing up to half an ounce of marijuana ); (2) regulation of “psychomodulatory substances”; and (3) full commercial regulation.

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Veriheal

APRIL 6, 2024

Thailand’s newly elected government is looking to reverse its historic decriminalization of cannabis. The announcement comes a short 18 months after it became the first Asian country to decriminalize cannabis back in June 2022. The newest decriminalization bill introduced in January 2024 , meanwhile, seems to have the support to pass.

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Cannabis Law Report

AUGUST 20, 2022

One theory is that many investors in publicly traded MSOs speculated that by now, Congress would have at least passed a bill to decriminalize the plant or would have passed the SAFE Banking Act to ease cannabis businesses’ access to banking services. billion by 2025. billion in 2020 to an estimated $16.7 billion to $40.9

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Cannabis Law Report

MAY 19, 2019

But in recent years, some nations have adopted a different strategy, of decriminalizing marijuana usage as a way of combating it. In countries as varied as the Netherlands, Germany, Mexico, Peru, and Canada, the emphasis has shifted towards the decriminalization of marijuana. billion dollars by 2025. Health Benefits of Cannabis.

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Veriheal

MARCH 8, 2024

The Virginia legalization bill was given final approval by legislators mere weeks ago, setting up recreational sales to begin on May 1, 2025. Possession of cannabis has been decriminalized in Virginia since 2021, highlighting the slow progress made in the state when it comes to this matter.

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Canna Law Blog

NOVEMBER 4, 2024

Participants must come prepared with “January-February 2025” dates for the big show. The early 2025 hearings will continue to build out the record. This is what Biden signed us up for, after all, instead of following through with his campaign promises to decriminalize marijuana. (I of them in support of rescheduling).

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The Joint Blog

NOVEMBER 29, 2020

This sudden surge is unlikely to ease anytime soon, with President-elect Biden and Vice President-elect Kamala Harris supporting a federal decriminalization of the plant. “Cowen now projects the legal marijuana market will grow to $34 billion by 2025, up from an earlier forecast of $31 billion.

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Cannabis Law Report

OCTOBER 17, 2019

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. billion in 2025, according to Grandview Research.

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Veriheal

FEBRUARY 25, 2025

This letter expresses that such actions must take place before President Bidens term came to an end in January 2025. Omar has been a supporter of various decriminalization and clemency efforts, with a particular emphasis on the importance of racial equity and restorative justice in pursuing national cannabis reform.

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