Cannabis Law Report

JUNE 9, 2021

In a nutshell, the purpose of the bill is to legalize marijuana at the federal level by removing the plant from the Controlled Substances Act (CSA). Several states, including New York, New Mexico, and Virginia have passed laws legalizing marijuana. Legalizing marijuana would help address a variety of societal and financial issues.

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Cannabis Law Report

OCTOBER 7, 2021

However, we support any research-based attempts to legalize psychedelics as well as any research into them. . As you know around the country some cities have begun decriminalizing psychedelic compounds for personal and religious use. By 2025, we believe the general public will be better educated on psychedelics than they are now.

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Legislation Research and Development Treatment Therapy 105

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

DECEMBER 2, 2021

Several states held votes for determining the legal marijuana industry’s future in one form or the other. What’s surprising is that legalizing weed has some economic benefits. These advantages were apparent as the first states moved to change their legal positions. million as aggregate federal tax revenue by 2025.

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Cannabis Law Report

DECEMBER 10, 2021

Mark down Germany as another country that has moved ahead on legalizing marijuana nationwide. While it’s not a done deal, leaders in the country’s incoming government coalition have reached an agreement on making weed legal at the national level. Currently, marijuana possession for personal use is decriminalized in Germany.

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SpeedWeed

MARCH 20, 2021

Financial pressures, public opinion, social inequity, and public safety could lead to federal cannabis legalization sooner than many people previously expected. 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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Veriheal

NOVEMBER 28, 2022

In the two remaining states, Maryland and Missouri, voters approved the legalization of recreational marijuana. Arkansas (Issue 4, Recreational Legalization): REJECTED. Arkansas voters rejected Issue 4, which would have legalized adult-use cannabis. Arkansas legalized medical marijuana in 2016. . Starting Jan.

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Recreational Legislation Programs Legalization 98

Veriheal

SEPTEMBER 21, 2022

” Cookies’ Foray Into Thailand’s Legal Marijuana Market. Then, in June of this year, the Kingdom decriminalized cannabis for adult-use purposes. Thanks to the new law, Thai residents can legally cultivate the plant for personal consumption. .

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Seed-To-Sale Cannabis Tincture Cultivation 96

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. cbdMD reported Q3-2021 CBD revenues of $10.6M and a positive EPS of $.02.

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CBD Pets Tincture Decriminalization 105

Veriheal

MARCH 24, 2023

Kentucky is once again exploring medical cannabis legalization, D.C. Kentucky Inches Toward Medical Cannabis Legalization Earlier this week, Kentucky’s State Senate passed a new proposal that seeks to legalize medical cannabis in the state. If passed, the bill will take effect starting in January 2025. 1, 2025 deadline.

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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. Lawmakers in the state of Maine have introduced a bill that would legalize psilocybin therapy. Video Transcript. Texas could soon be liberated from cannabis prohibition. Psilocybin Therapy in Maine .

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Therapy Education Chronic Pain Decriminalization 52

Cannabis Law Report

JUNE 18, 2022

The only caveat for a broadcaster to open its airwaves to such ads would be that cannabis products would need to be legal in the state, county or lands controlled by Native Tribes in which the station’s community of license is located. The bill passed by the House in April and would decriminalize cannabis in federal law.

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Decriminalization Hemp Law Policy 59

Cannabis Law Report

OCTOBER 6, 2021

As you know around the country some cities have begun decriminalizing psychedelic compounds for personal and religious use. We believe Florida should legalize psychedelics for medical use alongside allowing adults personal and religious use. . By 2025 we believe people will have a much better understanding of psychedelics.

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Legislation Research and Development Treatment Therapy 52

Cannabis Law Report

MARCH 13, 2019

The sale of hemp-based products is currently legal federally. 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. The development of an emerging industry like Hemp and Cannabis comes with a lot of confusion and blurred legality.

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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. Recreational Marijuana Legalization Includes Expanded Expungement. Medical Use of Cannabis Oil.

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Cannabis Law Report

FEBRUARY 18, 2020

Even though 47 states have legalized cannabis for some forms of medical use , New York significantly falls behind its neighbors in terms of marijuana legislation. Marijuana remained illegal, however, until 1977, when the possession of 25 grams or less of cannabis was decriminalized. for decades. billion in revenue.

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Cannabis Law Report

SEPTEMBER 22, 2022

These bills, which touch on issues that run the gamut of the cannabis industry, are intended to “strengthen California’s cannabis laws, expand the legal cannabis market and redress the harms of cannabis prohibition.” Other bills address employment protection, labelling, use of cannabis in veterinary medicine and taxation.

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SpeedWeed

AUGUST 10, 2021

A lack of eco-friendly regulations placed on legal marijuana is a huge reason for unsustainable cannabis cultivation and packaging practices. For instance, few legal states allow for outdoor growing, a far more energy-efficient alternative to indoor growing. Reduce high levels of waste due to strict regulation. Katana Dumont.

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Cannabis Law Report

JUNE 26, 2022

Cannabis—also known as marijuana—has been legalized in the last two decades in more than half of the states. 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. Bond Schoeneck & King PLLC.

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Research and Development Education Programs Policy 52

Canna Law Blog

JANUARY 8, 2025

Key global cannabis law developments in 2024 Germany passed a quasi-legalization law with two phases. Phase I, implemented in 2023, legalized cannabis cultivation clubs, home cultivation, and personal possession. Ukraine legalized medical marijuana for specific qualifying conditions , marking a major health policy milestone.

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Canna Law Blog

JANUARY 14, 2025

A central topic focused on advancing full cannabis legalization while complying with EU law and international Drug Treaties. The law and related rules (effective on July 1, 2025), creates a new category of psychoactive substances with acceptable health risks. This creates a legal loophole for low-THC hemp programs.

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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

MAY 19, 2019

In the recent times, there have been calls from different quarters on the need to legalize the use of Marijuana in Nigeria. This legal opinion considers the mischief behind the laws proscribing the production, possession, sale and use of Marijuana and thereafter considers the benefits of legalizing Marijuana in Nigeria.

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Veriheal

MARCH 8, 2024

Virginia Democrats have been hard at work crafting bills to finally push through adult-use (recreational) sales in the state, where possession of cannabis and growing plants are legal, but citizens have no way to purchase marijuana products without a medical card. On the bill, Del.

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Cannabis Law Report

AUGUST 20, 2022

Yes, there is momentum from 2021’s state legislative victories that resulted in Connecticut, New Mexico, New Jersey, New York, and Virginia all legalizing adult use. According to that same study, annual legal sales of cannabis in the U.S. billion by 2025. How Did We Get Here? billion in 2020 to an estimated $16.7 billion to $40.9

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Wellness and Beauty Banking Decriminalization Business 52

The Joint Blog

NOVEMBER 29, 2020

United States marijuana stocks have been seeing a consistent surge in their value following November’s election which saw multiple states – including New Jersey and Arizona – join the already over 10 states which have legalized marijuana for everyone 21 and older. That continues to open up new markets for these legal U.S.

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Marijuana Banking Decriminalization Legalization 49

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. Colorado has legalized both recreational and medical use of cannabis.

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Veriheal

FEBRUARY 25, 2025

As such, we’ve compiled a list of the fourteen congress members acting as signatories to the recent pro-cannabis letter, summarizing their respective career efforts in support of cannabis legal reform, both nationally and within their own jurisdictions. The lawmakers furthermore urge Biden to deprioritize federal cannabis prosecutions.

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