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When it comes to any hot-button issue like cannabis legalization, there are always two sides, often without much middle ground. For those looking through a pro-legalization lens, efforts to continue federal prohibition and bar states from legalizing should be a thing of the past. Current Anti-Legalization Efforts in the U.S.
Germany goes to the polls Germanys snap elections on February 23, 2025, have the cannabis industry watching closely. The CDU/CSU has pledged to repeal Germanys quasi-legalization law passed in 2024. Convincing these former traffic-light coalition members to reverse their stance on legalization seems unlikely.
New hemp extract rule takes effect Effective March 12, 2025, Floridas updated Hemp Extract Rule (Florida Administrative Rule 5K-4.034) introduces stricter packaging and marketing regulations. These changes reflect the states efforts to regulate hemp products more strictly while maintaining consumer safety standards.
Potential Side Effects and Safety Considerations While CBD oil has many potential benefits, it’s also important to be aware of any possible side effects and safety concerns. Legal Considerations and Travel Guidelines CBD oil is legal in many places, but the laws can vary depending on where you live or are traveling to.
Legal Status of Cannabis in DC First, lets get clear on the legal status of cannabis in DC. According to the Washington DC police department website , cannabis is legal for both medicinal use and recreational use within certain boundaries. All in all, the agency claims that public safety is driving the shutdowns.
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. Last year, the price of an eighth of weed ranged from about $25 to $60 in s tates with a legal recreational Adult-Use market. Since cultivators grow cannabis domestically in the U.S.,
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. billion by 2025. This is what the PR says. New York: The New Capital of Cannabis?
It’s been two months since synthetic cannabinoids were outlawed in Oregon , where legal cannabis sales totaled almost $1.2 Because of this, synthetic cannabinoids in Oregon pose a risk to consumer health and safety. Still, they should be regulated like other cannabis products to ensure consumer safety. billion in 2021.
Cannabis farm owners in high-risk zones are advised to implement proper fire safety procedures to minimize the negative impacts of wildfire crops on human health. The authors suggest that growers integrate vegetation control practices and safety precautions to shield crops and farmworkers from wildfire smoke and develop fire breaks.
These results raise safety and efficacy concerns. billion by 2025 growing at an impressive CAGR of 32.6%. “Ensuring accurate CBD dosage labelling is important for consumer safety and efficacy,” said Dr. Guy Setton , CEO of GemmaCert Ltd. TEL AVIV, Israel , Feb.
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.
In 2018, legislation was passed by the British Parliament that effectively legalized cannabinoids like CBD and CBDA. The lack of regulation has raised concerns about consumer safety. Research commissioned by the Centre for Medicinal Cannabis pinned a £1 billion valuation on the CBD market by the year 2025. CBD sales. .
The enactment of the 2018 Farm Bill and the legalization of hemp and hemp derivatives, including cannabidiol (“CBD”), has led to a massive CBD craze in the United States. According to a recent study by Cowen , the sales of these products are expected to reach $16 billion by 2025. billion by 2023. Hemp CBD Vape Products.
Lawmakers in the state House passed legislation to implement the new legal pot program earlier this month. Voters in Montana passed the legalization ballot measure in November, one of four states to pass legal weed proposals in last year’s elections. Changes In The Bill That The Montana Senate Passed.
The pay-back is provided by the OCP from the Adult Use Cannabis Public Health and Safety and Municipal Opt-in Fund, which comes from excise and sales tax revenues generated by the transfer and sale of recreational cannabis. Legal sales of adult-use cannabis in Maine could grow to $300 million by 2025, according to one industry consultant.
Its proposal takes up the main lines of the experiment currently taking place in metropolitan France, namely two years of testing with a limited number of patients and for indications defined upstream, before opening up to a broader legalization of the medical use of cannabis. “ The Polynesian project should win unanimity.
The measure would allow at least 18 more cannabis retailers to operate in Pasadena legally, and at locations other than those approved by the voters when Measure CC was passed.
Texans will have the ability to legally manufacture smokable hemp products after all. In the ruling, Judge Livingston ruled that Section 443.204(4) of the Texas Health and Safety Code and Section 122.301(b) of the Texas Agriculture Code violate the Texas Constitution. The Hemp Industry Rejoices Ban Lift on Smokable Hemp.
These results raise safety and efficacy concerns. billion by 2025 growing at an impressive CAGR of 32.6%. “Ensuring accurate CBD dosage labelling is important for consumer safety and efficacy,” said Dr. Guy Setton , CEO of GemmaCert Ltd. TEL AVIV, Israel , Feb.
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. If a government chooses this lane, they have a responsibility to ensure safety, quality, and consistency.
UK Food Standards Agency will now proceed through the safety evaluation process. The FSA is the Central Competent Authority for food safety that issues guidance to support consistency in approach in the United Kingdom. billion by 2025. This status allows Charlotte’s Web to continue selling its products in the U.K.
These will be able to be renewed until January 1, 2025. This was done to help simplify regulatory oversight and make access to licenses more clear and straightforward for those seeking to find them. . This program, if it becomes official, would extend the lifespan of the provisional licensing program to allow provisional permits.
New Cultivation Licenses Limited To SEIAs through January 1, 2025. The proposed amendments to the Ordinance would make cultivation available only to SEIA through January 1, 2025. Disclaimer: This article has been prepared and published for informational purposes only and is not offered, nor should be construed, as legal advice.
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. Published July 18, 2019.
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.
Many of the safety issues in the report involve the use of CBD without the guidance of a health care professional. billion, and is expected to grow dramatically by 2025. In a statement on their website, Ben and Jerry’s announced their plans to launch CBD products once they become legal. THC is now in a legal gray zone.
The Centre for Medicinal Cannabis’ conference sees the launch of the association, a platform which brings together leading businesses and experts committed to fostering a legally compliant, socially responsible and innovative CBD industry, which puts customers’ safety first. The Association for the Cannabinoid Industry.
To exempt commercial cannabis activity by a licensee from Section 280E of the Internal Revenue Code, relating to expenditures in connection with the illegal sale of drugs, in order to allow cannabis businesses to claim deductions and credits available to other legal businesses in the state.
Allows cannabis businesses to claim state tax deductions and credits available to other legal businesses in the state for each taxable year beginning on or after January 1, 2020, and before January 1, 2025. On October 12, 2019, California Governor Gavin Newsom announced the following cannabis-related bills were signed into law: AB 37.
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.
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.
This is on par with the cost currently seen for those afflicted with ADHD and diabetes, with predictions for the cost to skyrocket further by 2025. million USD for their study regarding the safety and efficacy of CBD therapy for autism in children. As far-fetched as it sounds, the negative side of CBD is pretty blank.
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. That’s when California announced a statewide business lockdown, followed by Illinois.
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.
billion by 2025, according to reports. Cannabis companies need to submit to Child Resistant Packaging (CRP) parameters set by the Consumer Product and Safety Commission. An estimated 10,000 tons of packaging waste was generated in the first year of legalization in Canada alone. Retail Marijuana Packaging.
The program doesn’t become operational until January 1, 2023, and in the meantime, the Oregon Health Authority and the Psilocybin Advisory Board are busy working on regulations to govern the program, so currently, there are no legal psilocybin businesses operating, and licenses are not yet available.
A lack of eco-friendly regulations placed on legal marijuana is a huge reason for unsustainable cannabis cultivation and packaging practices. For instance, few legal states allow for outdoor growing, a far more energy-efficient alternative to indoor growing. Reduce energy consumption. But it doesn’t stop there.
Several countries across the globe have legalized the use of CBD for industrial applications over the last couple of years. organic food market by 2025 is at $70.4 FDA is the government agency that ensures the safety and quality of foods, drugs, cosmetics, and other like products marketed in the United States.
Legal sales hit $66 billion in 2019 , and the number of new businesses entering the market is skyrocketing. The industry is finally starting to gain ground on legal sales. Experts estimate revenues from legal purchases to surpass 34% by 2025. Cultivating is an essential part of the legal cannabis trade. Consulting.
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. Here’s what they say.
The 2018 Farm Bill legalized hemp and opened the door for interstate trade of the commodity, while marijuana — i.e., cannabis that has above 0.3% Distro LLC affirmed the legality of these products.[1]. delta-9 THC — remains federally illegal, and trade is relegated within independent, intrastate markets. concentration threshold.
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. About Rose LifeScience. 16 ( Canada )?for
In legal states, fans of marijuana have turned to cultivate their own green plant for their personal use. million in 2025. Globally, there are countries on the path of fully legalizing cannabis such as the Czech Republic, Portugal, Germany, Mexico, New Zealand, and Australia among others. Protect Your Intellectual Property.
A central topic focused on advancing full cannabis legalization while complying with EU law and international Drug Treaties. It shows that regulation, rather than prohibition, better protects children and society’s health, safety and welfare. This creates a legal loophole for low-THC hemp programs. As seen in the U.S.,
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