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Thailand Reverses Historic Cannabis Decriminilization Decision

Veriheal

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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Report: Federal Marijuana Legalization Would Create $86 Billion in New Tax Revenue by 2025

The Joint Blog

today announced new economic data detailing the potential impact of federal cannabis legalization in the United States. The federal legalization of medical and adult-use cannabis would create $86 billion in additional U.S. tax revenue between 2019 and 2025 and a $56 billion annual U.S. cannabis market by 2025, states the report.

Data 48
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Here Are the Cannabis Wins and Losses From Midterm Elections

Veriheal

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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In One Day, California Governor Signs Into Law Ten Cannabis Bills, Including Authorization for Interstate Commerce

Cannabis Law Report

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.

Law 52
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Article: General Counsel’s Corner: Cannabis and the Campus

Cannabis Law Report

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

Cannabis Law Report

tax code; banking procedures; accounting policies and procedures; licensing; operating policies; outsourced accounting; referrals to ancillary service providers; and general business consulting. The sale of hemp-based products is currently legal federally. The cannabis industry is new, it’s federally illegal, and it’s risky.

Hemp 71
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New York Medical Marijuana Guide

Cannabis Law Report

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.