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Quick Guide to Cannabis Business Opportunities

Canna Law Blog

As of early 2023, 37 states have approved medical cannabis use by qualified individuals, and 21 states have approved it for recreational use. The edible market alone is projected to grow by $25.27 billion from 2020 to 2025 at a CAGR of 21.74%. Dispensaries: Dispensaries are the distribution hubs of the cannabis industry.

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Legalizing Marijuana- What Economic Benefits Does the Act Bring Along?

Cannabis Law Report

And, these involved making marijuana consumption for recreational purposes. Several cannabis products like concentrates, flowers, edibles like XO Nic Salt , chocolates, and cookies saw a remarkable increase. Studies show that in 2019, Colorado collected more than $302 million as fees and taxes on recreational and medical marijuana.

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New York Medical Marijuana Guide

Cannabis Law Report

This guide will uncover key facts about recreational and medical marijuana use and the history of its laws in the state of New York. . The governor also launched an initiative to analyze how marijuana legalization for recreational use would affect the state in general. Current situation and fight for recreational use.

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Minnesota Legalizes Marijuana For Recreational Use

Dykema (Cannabis Law Blog)

On May 30, 2023, Governor Tim Walz signed legislation to legalize recreational use of marijuana for persons 21 years of age and older. The bill legalizes the production and sale of marijuana flower concentrates, topical and edible products, immature cannabis plants and seeds, and hemp-derived THC products.

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420 Packaging Considerations

Otherside Farms

billion by 2025, according to reports. There is an issue, be that as it may, in the manner in which numerous pot edibles are presently promoted. Like other medicinal and recreational substances, cannabis is risky to be around children, which means you’ll have to guarantee that your packaging has child-resistant packaging.

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Harborside Announces Business Combination with Urbn Leaf and Loudpack Creating StateHouse Holdings, a Leading California Cannabis Company

Cannabis Law Report

billion by 2025[3]. The Company, through several of its subsidiaries, is indirectly involved in the manufacture, possession, use, sale, and distribution of cannabis in the recreational and medicinal cannabis marketplace in the United States. StateHouse Company Highlights 4.

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

Cannabis Law Report

Retailers such as Walgreens, CVS, Rite Aid, Kroger, Safeway, Nordstrom, and DSW are selling or plan to sell CBD-infused topical lotions, cosmetics, and even edibles where they are legally able to do so. Colorado has legalized both recreational and medical use of cannabis. The sales prices of dispensaries are rising almost daily.”.

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