The Joint Blog

JANUARY 30, 2019

today announced new economic data detailing the potential impact of federal cannabis legalization in the United States. The federal legalization of medical and adult-use cannabis would create $86 billion in additional U.S. tax revenue between 2019 and 2025 and a $56 billion annual U.S. cannabis market by 2025, states the report.

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Cannabis Law Report

SEPTEMBER 1, 2019

Reforms to the Netherland’s opaque cannabis laws are finally underway after an agreement was struck on a four-year trial to provide cafes with a legal and regulated supply of product. The trial will run at 79 coffee shops, which will report back the success of being supplied by legal growers between 2021 and 2025.

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Cannabis Law Report

JUNE 11, 2019

cannabis industry’s first comprehensive model federal legislation to legalize interstate and international medical and adult-use cannabis in the United States. The model statute implements what sixty-six percent of American already favor, according to an October 2018 poll by Gallup: legalizing cannabis.

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Veriheal

JULY 13, 2021

Stretching over two years, the program demonstrates growing acceptance for the cannabis plant, which is currently legal in 36 U.S. medical cannabis industry, which is projected to inflate to $16 billion by 2025. Besides these benefits, the course will also help to establish a well-informed medical cannabis policy. .

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SpeedWeed

MARCH 20, 2021

Financial pressures, public opinion, social inequity, and public safety could lead to federal cannabis legalization sooner than many people previously expected. While there are still many obstacles in the way, here are four factors pushing lawmakers to consider federal legalization more seriously: 1. The Economy.

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Veriheal

FEBRUARY 7, 2025

Colorado, along with the state of Washington that same year, was the first state to legalize recreational marijuana in 2012. However, several complicated ballot issues could make permanent recreational marijuana legalization very challenging for dispensaries even if it became legal.

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Cannabis Law Report

AUGUST 19, 2021

Unlike most CPA firms that are bound by geolocation, our clients are remote and spread throughout all 18 legalized states: the markets we serve are limited only by the laws restricting cannabis legalization. in sales in 2020 and projected to surpass $43B by 2025. Make high-level decisions about policy and strategy.

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Veriheal

OCTOBER 20, 2022

According to UC Berkeley’s Department of Environmental Science Policy and Management researchers, California’s cannabis crops are threatened by wildfires more than any other crop. . billion by 2025. billion the state generated through legal cannabis in 2016. This is a significant increase from the $2.59

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Veriheal

JULY 11, 2022

New York’s Cannabis Control Board has decided on some things regarding the legal cannabis industry in the state. Now that both medical and recreational cannabis is legal in New York, there are some things that residents and visitors should know. Legal Cannabis Will Bring in Billions of dollars and Thousands of Jobs.

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Veriheal

NOVEMBER 28, 2022

In the two remaining states, Maryland and Missouri, voters approved the legalization of recreational marijuana. Arkansas (Issue 4, Recreational Legalization): REJECTED. Arkansas voters rejected Issue 4, which would have legalized adult-use cannabis. Arkansas legalized medical marijuana in 2016. . Starting Jan.

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Illinois News Joint

MAY 12, 2023

Other smaller changes also include the addition of the line, “The Department has the authority to adopt rules and policies prohibiting the use of pesticides during the flowering stage,” and “The Department of Agriculture may modify packaging requirements, including package warnings, by rule.”

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SpeedWeed

AUGUST 5, 2021

consumers are otherwise projected to spend $121 billion on between 2020 and 2025,” New Frontier Data wrote. Analysts believe that the imminent discussions of legalizing cannabis on the federal level could mean new changes to the THC percentage limits to come as well. “…the If a hemp crop was tested to have more than 1.0

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Cannabis Law Report

JANUARY 9, 2022

Legalizing cannabis for adults has been a wise investment. Since 2014 when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. billion in tax revenue from legal, adult-use cannabis sales. Colorado (pop.

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Cannabis Law Report

JULY 27, 2022

By many estimates, the global cannabis economy is expected to exceed $95B by 2025. The other half cumulatively represents the remainder of the world marketplace, in nationally-legal jurisdictions. These policy and commercial distinctions have taken hold around the globe. The policy framework is only the starting point.

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Cannabis Law Report

MAY 13, 2022

Good afternoon, The Governor’s Office today released a revised 2022-23 state budget proposal, building on the state’s ongoing work to make historic investments in California’s future, including efforts to create a safe, sustainable, and equitable legal cannabis market. million to help expand access to legal retail throughout California.

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Veriheal

AUGUST 29, 2023

Thanks to the New York Office of Cannabis Management, the idea of a legal cannabis showcase program is now a reality. Although the sale of cannabis has been legalized in New York for a while, cannabis growers have not experienced sales commensurate with their harvest. Fascinating right?

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Cannabis Law Report

MARCH 13, 2019

tax code; banking procedures; accounting policies and procedures; licensing; operating policies; outsourced accounting; referrals to ancillary service providers; and general business consulting. The sale of hemp-based products is currently legal federally. The cannabis industry is new, it’s federally illegal, and it’s risky.

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Cannabis Law Report

JUNE 18, 2022

The only caveat for a broadcaster to open its airwaves to such ads would be that cannabis products would need to be legal in the state, county or lands controlled by Native Tribes in which the station’s community of license is located. Legal cannabis sales totaled $20 billion in 2020 and are projected to reach $40.5 billion by 2025.

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SpeedWeed

JULY 20, 2021

Americans spent more than $12 billion on legal cannabis products in the first six months of 2021, according to data analyzed by Leafly and Whitney Economics. legal cannabis market is gaining momentum for a strong back half of the year. billion, and increased its 2025 forecast to $44.9 billion on milk last year. billion, the U.S.

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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. I), supra at 309 (1982) (“There is a sharply defined public policy against drug dealing.

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The Joint Blog

JUNE 24, 2020

According to a new report by the Associated Press, a Los Angeles City Council committee on Tuesday approved a series of changes to reset the city’s troubled legal marijuana market. The intersection “between cannabis policy and racial injustice is clear to me,” Packer said.

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Cannabis Law Report

AUGUST 15, 2022

The Office of Cannabis Policy last week announced the launch of an online portal Maine municipalities can use to obtain reimbursement for up to $20,000 of those costs. In June, the OCP released a report that showed 64% of cannabis accessed for consumption among past-month cannabis users in Maine is now coming from a regulated, legal source.

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SpeedWeed

JULY 29, 2021

Colombia, one of the world’s largest cannabis producers in the 1960s and 1970s, and the world’s biggest supplier of cocaine, continues to change the country’s drug policy. Colombian think tank Fedesarrollo sees export revenue from the cannabis industry bringing US$800 million by 2025 and hitting an average of $2.3

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SpeedWeed

JULY 28, 2021

Colombia, one of the world’s largest cannabis producers in the 1960s and 1970s, and the world’s biggest supplier of cocaine, continues to change the country’s drug policy. Colombian think tank Fedesarrollo sees export revenue from the cannabis industry bringing US$800 million by 2025 and hitting an average of $2.3

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SpeedWeed

JULY 28, 2021

Colombia, one of the world’s largest cannabis producers in the 1960s and 1970s, and the world’s biggest supplier of cocaine, continues to change the country’s drug policy. Colombian think tank Fedesarrollo sees export revenue from the cannabis industry bringing US$800 million by 2025 and hitting an average of $2.3

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Cannabis Law Report

JUNE 7, 2021

Legalizing marijuana for adults has been a wise investment. Since 2014, when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. billion in tax revenue from legal, adult-use marijuana sales. Colorado (pop.

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Cannabis Law Report

JUNE 7, 2021

Israel also announced plans to legalize recreational cannabis in late 2020, which will further drive demand for high-quality cannabis products. 230 million by 2025. “We Brightfield estimates the market will generate over U.S.$130 130 million in 2021 and reach over U.S.$230

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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. The governor also launched an initiative to analyze how marijuana legalization for recreational use would affect the state in general. for decades. billion in revenue.

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SpeedWeed

MAY 18, 2021

Pepper Petersen, who spearheaded the legalization campaign and is now the CEO of the Montana Cannabis Guild , told Leafly he was pleased with the outcome. The opt-in policy isn’t the only restriction that survived the original bill draft. A successful defense of the legalization vote. It’s an even playing field,” he said.

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SpeedWeed

MARCH 15, 2021

During the tumultuous weeks and months of the past year, a nine-letter word emerged as a game changer for the nation’s legal marijuana industry: “essential.”. Moreover, states put marijuana on the same footing as a federally legal industry, alcohol. Referencing a marijuana legalization bill passed in the U.S. Cannabis Council.

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Cannabis Law Report

OCTOBER 6, 2021

They provide cannabis businesses with a pathway to enter and remain in the legal market while they completed local permitting processes and California Environmental Quality Act (CEQA) requirements. DCC develops and implements progressive cannabis policies with robust protections for public health, safety and the environment.

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Cannabis Law Report

JUNE 26, 2022

Cannabis—also known as marijuana—has been legalized in the last two decades in more than half of the states. Successful reviews have included program inventories, policy inventories and enforcement analyses. Bond Schoeneck & King PLLC. Catherine Graziose. Barbara Lee, Ph.D.

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Cannabis Law Report

SEPTEMBER 22, 2022

These bills, which touch on issues that run the gamut of the cannabis industry, are intended to “strengthen California’s cannabis laws, expand the legal cannabis market and redress the harms of cannabis prohibition.” Other bills address employment protection, labelling, use of cannabis in veterinary medicine and taxation.

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Cannabis Law Report

APRIL 2, 2022

A validated Novel Food FSA authorization is required to legally sell ingestible CBD products such as oils, gummies, and capsules beyond March 2021. billion by 2025. Charlotte’s Web products can be legally purchased online today through the Company’s exclusive UK distributor Savage Cabbage Ltd. ,

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Cannabis Law Report

JULY 22, 2019

Specifically, they called for the passage of the Secure and Fair Enforcement Banking Act, a pending bipartisan bill that would allow financial institutions to serve legitimate cannabis businesses in states that have legalized the drug. With the number of states legalizing cannabis. By Rob Nichols, Jim Nussle.

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Cannabis Law Report

SEPTEMBER 14, 2021

Changes in laws, regulatory measures, or governmental policies – especially those that affect the production, importation, marketing, labeling, pricing, distribution, sale, or consumption of our beverage alcohol products. Significant legal disputes and proceedings, or government investigations. Our Sustainability Roadmap.

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SpeedWeed

JULY 29, 2021

Colombia, one of the world’s largest cannabis producers in the 1960s and 1970s, and the world’s biggest supplier of cocaine, continues to change the country’s drug policy. Colombian think tank Fedesarrollo sees export revenue from the cannabis industry bringing US$800 million by 2025 and hitting an average of $2.3

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