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Report: Federal Marijuana Legalization Would Create $86 Billion in New Tax Revenue by 2025

The Joint Blog

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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Thailand Reverses Historic Cannabis Decriminilization Decision

Veriheal

billion by 2025. Despite Success — Thailand Never Wanted Canna-Tourism Thailand’s decriminalization of cannabis was never meant to legalize recreational use — let alone kick start a frenzy of cannabis tourism. He told CNN that : “Thailand will promote cannabis policies for medical purposes.

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Senator Krueger To Use Conference To Outline NY “Nation Leading” Cannabis Approach Says Press Release

Cannabis Law Report

Senator Liz Krueger to Detail ‘Nation-Leading’ Model for Cannabis Legalization at Major Summit This September. billion by 2025. The MRTA’s enactment in March this year will see legal sales of cannabis in New York begin some time in 2022. This is what the PR says. New York: The New Capital of Cannabis?

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Netherlands ‘legal supply’ coffee shop trial to proceed from 2021

Cannabis Law Report

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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Hemp Crop Destruction and Legalization Analyzed in Recent Report

SpeedWeed

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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The Structure of the Global Cannabis Economy By Robert Hoban

Cannabis Law Report

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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Alert: Newsom To Present Cannabis Tax Simplification Solutions To Legislature

Cannabis Law Report

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.