Remove 2025 Remove Decriminalization Remove Policy
article thumbnail

The Rise of Anti-Legalization Efforts

Veriheal

This policy ensured significant penalties and incarceration for possession, cultivation, and trafficking for anyone found guilty in the U.S. However, SAM does find common ground with legalization advocates on decriminalization, suggesting that it offers a more measured approach for governments compared to full legalization.

article thumbnail

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

The Joint Blog

tax revenue between 2019 and 2025 and a $56 billion annual U.S. cannabis market by 2025, states the report. Cannabis legalization and decriminalization has not only occurred in nearly 60% of the United States; it is now being explored or adopted in over 60 nations around the world. billion in 2025. Currently, 33 U.S.

Data 48
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Delaware To Expand Medical Marijuana Access Ahead Of Adult-Use Legalization

Veriheal

Possession of up to an ounce was decriminalized, and plans are underway to open dispensaries statewide. ” Licenses for recreational dispensaries will begin going out in September of this year, so businesses should be opening in 2025.

Access 110
article thumbnail

Article: Cannabis Ads May Find A Backdoor Onto Radio Via Limits By Congress On FCC Spending.

Cannabis Law Report

Kay Granger (R-TX) slammed the radio and TV marijuana advertising proposal during a hearing, which she called a “significant” policy change. “As We want language carried in the bills in the past to be retained, and controversial policies to be dropped,” said Granger during the 20-minute markup of the bill. billion by 2025.

article thumbnail

Here Are the Cannabis Wins and Losses From Midterm Elections

Veriheal

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.

article thumbnail

Is Federally Legal Marijuana Coming Soon?

SpeedWeed

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. Of course, there is no way of knowing what that “policy reckoning” will be, but it’s clear that a policy reckoning is long overdue. The Economy.

article thumbnail

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. Section 280E, is just one critical area that those operating in the cannabis industry must consider.

Hemp 71