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How Inflation is Affecting Cannabis: Prices, Closures, and the Job Market

Veriheal

According to a survey conducted by YouGov , almost 7 out of 10 cannabis consumers plan on spending the same amount, if not more, going forward in 2025. However, that statistic doesnt mean prices have been dropping in many states. This windfall shows no signs of slowing down either.

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Are Sky-High Cannabis Valuations Reined in by Federal Tax Law?

Cannabis Law Report

Players in the cannabis space already understand that federal tax law as currently structured extracts a far greater tax bite from marijuana businesses than corresponding companies, as cannabis companies are prohibited from deducting their business expenses from gross income. Are Sky-High Cannabis Valuations Reined in by Federal Tax Law?

Law 52
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UMB Welcomes its First Wave of Medical Cannabis Program Graduates

Veriheal

medical cannabis industry, which is projected to inflate to $16 billion by 2025. in Medical Cannabis Science and Therapeutics program encourages enrollees to expand their knowledge on the following areas of the medical cannabis movement: Federal and state laws and policies pertaining to the medical cannabis industry.

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Section 280E and The Taxation of Cannabis Businesses

Cannabis Law Report

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 state law. [16]

Business 105
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Los Angeles Officials Look to Give Boost to Marijuana Market Which is Currently Ailing

The Joint Blog

They ranged from minor moves, such as tweaking a definition to match language in state law, to potentially major ones, such as limiting delivery licenses until 2025 only to businesses that meet so-called social-equity benchmarks. .” The proposed revisions were greeted with a mix of applause and confusion.

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Lawyer Applies For License To Sell Cannabis In Missouri

Cannabis Law Report

The St Louis Post Dispatch reports that amongst others “Matthew David Fry, a lawyer with the Clayton law firm helmed by high-profile defense attorney Scott Rosenblum. An attorney with a high-profile Clayton law firm. Williams and his department are in charge of regulating an industry expected to top $100 million in sales by 2025.

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Towns can get reimbursement for opting into Maine’s recreational cannabis market

Cannabis Law Report

A state law passed earlier this year grants reimbursement for many municipal expenses associated with the opt-in process. Legal sales of adult-use cannabis in Maine could grow to $300 million by 2025, according to one industry consultant. To access the portal, click here. Source: [link].