Cannabis Law Report

FEBRUARY 18, 2020

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.

Marijuana 59

Marijuana Consumption Dispensary Vaping 59

Cannabis Law Report

JULY 22, 2019

In a joint op-ed in Fox Business today, American Bankers Association President and CEO Rob Nichols and Credit Union National Association President and CEO Jim Nussle called on lawmakers to resolve the existing conflict between federal and state law with respect to proceeds from cannabis-related businesses.

Banking 40

Banking Safety Business Legislation 40

Cannabis Law Report

OCTOBER 20, 2019

PUBLISHER: CANNABIS LAW REPORT. She is currently a law school professor teaching Marijuana and the Law at California Western School of Law and researcher under a contract with NHTSA and NORC on the topic of the prosecution of drugged driving cases. billion in federal tax revenue between 2017 and 2025.

Marijuana 45

Marijuana Pharmaceutical Chronic Pain Research and Development 45

The Joint Blog

NOVEMBER 10, 2020

Hire a good marijuana lawyer who is knowledgeable about state laws and the changing cannabis landscape. In the United States, marijuana sales were estimated at $13.6 million in 2025. Legal states have modified their rules and regulations about cannabis use and are now in the implementation phase.

Cultivation 26

Cultivation Seed-To-Sale Marijuana Digestion 26

Cannabis Law Report

OCTOBER 15, 2021

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

Law Legislation Business State Laws 52

Cannabis Law Report

NOVEMBER 29, 2021

billion by 2025[3]. StateHouse will have a unique ability to navigate the operating challenges in the state and capitalize on the combined potential of the businesses we are acquiring. . “The combination of high-quality assets, increased scale and experienced leadership will drive tremendous value for shareholders.

Business 52

Business Retail Cultivation Cannabis 52

Canna Law Blog

FEBRUARY 12, 2024

Those changes could be so significant that we end up with a different law at the end of the day. And of course, the bill may not end up becoming law. If the law passes, the state has until July 1, 2025 to implement regulations. #2 Stay tuned to the Canna Law Blog for more updates on this proposed bill.

Hemp 105

Hemp Cannabinoids THC Extraction 105

Cannabis Law Report

AUGUST 23, 2021

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

Business Cannabis Law Legislation 105

Veriheal

JUNE 21, 2023

Federal laws currently classify psilocybin as a Schedule I drug alongside addictive drugs like cocaine and fentanyl. According to state laws, this hallucinogen belongs to the same groups as cocaine, heroin, and methamphetamine. Its use became illegal in the 1970s following President Richard Nixon’s war on drugs.

Access 85

Access Legalization Research and Development Legislation 85

Cannabis Law Report

NOVEMBER 15, 2021

The Village Farms Shares issued under the Share Purchase Agreement are subject to lock-up agreements, and subject to compliance with applicable securities laws, 33% of these shares will be released in four months, another 33% of these shares to be released after eight months and the remaining shares to be released after one year.

Agriculture 52

Agriculture Events Retail Environment 52

Greenspoon Marder Cannabis Law Group Blog

JUNE 25, 2021

The courts have consistently held that marijuana dispensaries operating in compliance with state law 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% Planning For Outbound Operations.

Business 72

Business Cannabis Seed-To-Sale Law 72

SMPL

NOVEMBER 21, 2019

Roy, who owns a marijuana pharmacy in Maryland, successfully pushed a new law through the Legislature earlier this year that changed the requirements for serving on the board so he would qualify. That law reduced the minimum requirement from five years of practice in Louisiana to two years. The term runs through 2025.

Marijuana 40

Marijuana State Laws Programs Law 40

The Joint Blog

OCTOBER 29, 2019

According to the Associated Press, the figure represents four months of expected tax collections because the state law that legalized pot sales prevents cities and towns from collecting taxes on those sales until next September. Recreational marijuana tax revenue will result in $3.5 billion budget announced earlier this week.

Legalization 37

Legalization Marijuana Collective Recreational 37

Cannabis Law Report

OCTOBER 17, 2019

billion in 2025, according to Grandview Research. which aspects of the law are determined federally versus locally. which governmental bodies are responsible for regulating the law. The new law rolled out first with dried cannabis and low-concentration cannabis oils. how the segments are defined (e.g.,

Law 40

Law Seed-To-Sale Hemp Recreational 40