This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The marijuana industry has grown substantially in recent years and is projected to take in more than $25 billion annually by 2025. This revenue growth has been driven by an increasing number of states opting to legalize marijuana. 15] Thus, the purchase and sale of cannabis constitutes trafficking even when permitted by statelaw. [16]
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. This guide will uncover key facts about recreational and medical marijuana use and the history of its laws in the state of New York. . billion in revenue.
In conjunction with the acquisition, Village Farms and the Management Shareholders have entered into an agreement providing Village Farms with a pathway to acquire the Retained Interest upon the occurrence of certain triggering events prior to March 31, 2025. Based on data as at August 31, 2021. Sunfarms, ROSE and Balanced Health?
The courts have consistently held that marijuana dispensaries operating in compliance with statelaw are trafficking in controlled substances and are subject to Section 280E.[11] For years that begin after 2025, the deduction will be reduced to 37.5% 18] See IRC § 957. [19]
The updated policy, effective June 1, has far-reaching consequences for small businesses operating in compliance with statelaw (and for some, in compliance with federal law) – especially those selling hemp-derived foods, supplements, and cosmetics (collectively, Consumable Hemp Products). Otherwise, be specific.)
billion in 2025, according to Grandview Research. States may have made it legal or decriminalized it, but federal law trumps statelaw, and for both medical and recreational use cannabis remains illegal.”. But lawyers should check their own state’s ethics opinions first.
We organize all of the trending information in your field so you don't have to. Join 14,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content