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. cannabis market will be worth over $66 billion by 2025, but without a smart and welcoming trade policy, Americans will not see the benefits of ending prohibition.

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The Blunt Truth

DECEMBER 15, 2023

Ohio legislators are busy writing a marijuana law. This month, those legislators are adjourning without acting on that directive. Unable to reconcile the divide between pro-cannabis and anti-cannabis members, the legislative session is about to come to an end with no bill to implement the ballot initiative.

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DEA Legislation Legalization Consumption 59

Cannabis Law Report

JULY 23, 2021

billion and projected to be worth $41 billion by 2025. At the end of the last legislative session, Texas Governor Greg Abbott signed multiple bills that expand who qualifies for medical cannabis. The legislation also doubles the amount of THC concentration allowed, from 0.5% Marcus Ruark, President of goodblends in Texas.

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Canna Law Blog

MAY 9, 2022

Another legislator said that the approval of the law would lead to a “multiplication of consumption,” claiming that neighboring Uruguay saw consumption increase from 8% to 20% after a similar move. First, the slippery-slope trope is a tired one, and one that infantilizes other legislators as well as their constituents.

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Cannabis Law Report

JANUARY 11, 2022

The bill now requires discussion i the Legislative Assembly, which was to have started on Monday but pushed to Thursday, and voting in second and final debate to which, if approved, could soon become law. That is what it will be up to us to do,” said the president. Source: [link].

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Hemp Media Law Legislation 52

Veriheal

NOVEMBER 28, 2022

Additionally, 17 states have passed legislation allowing medical marijuana (MMJ). This legislation also allows adults to cultivate two cannabis plants for personal use. These new measures will take time, and it is estimated that recreational products will not be sold until 2024 or even 2025. Possession of more than 1.5

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Recreational Legislation Programs Legalization 93

Cannabis Law Report

OCTOBER 22, 2021

During a meeting of the Standing Committee of the National Assembly on Science and Technology, Minister Faraz stressed that the global cannabis market will reach 95 billion rupees ( editor’s note: the equivalent of 1 billion euros, an underestimated figure ) by 2025. Cannabis seeds will also be produced near Rawat,” Faraz said.

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Policy Cultivation Oil Legislation 52

Illinois News Joint

APRIL 11, 2024

New sponsored legislation from Sen. Stakeholders’ ongoing battle over hemp regulations in Illinois continued this week. Kimberly A. The bill would create the Intoxicating Hemp-Derived THC Consumer Products Safety Committee, which would include 19 committee members, who would issue a consumer-safety standards report on or before Jan.

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Cannabis Law Report

JULY 26, 2022

This is a huge tax opportunity for Thailand, which could raise as much as $129 billion baht by 2025 and generate as much as 4,87,000 job.”. But he warned that the licensing would need to be streamlined, and also that the potency of the drug needed to be tested regularly, especially due to the humid conditions in Asia. “But

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Illinois News Joint

MAY 12, 2023

With Illinois’ 103rd General Assembly session adjourning Friday, May 19, lawmakers are making their final push for legislation, including a cannabis omnibus. The recently drafted omnibus currently includes changes to craft grow canopy space, curbside pickup, and items related to transporting organizations.

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Packaging Agriculture Cannabis Cultivation 98

Cannabis Law Report

JULY 16, 2021

There are a few governments that are taking the first tentative steps towards legislation that allows for adult cannabis use (at least on a trial basis). As highlighted in The European Cannabis Report: 6th Edition , we project that sales of adult-use cannabis will reach €200m by 2023, coming close to €800m m in 2025. most likely.

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Cannabis Law Report

OCTOBER 1, 2021

The opening to medical cannabis was in fact in the Cap 2025 recovery plan of the local government and the President of French Polynesia announced at the beginning of April of his intention to “open up the possibility of the cultivation of cannabis for therapeutic use ”in its territory.

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Patients Safety Oil Legislation 52

Cannabis Law Report

JULY 20, 2021

Together, these trends are driving 20% annual industry growth with a $38 billion target by 2025. Of these legal states 19 have provisions for recreational use and 20 allow a limited number of cannabis plants to be grown for personal use. For more information on the offering and to invest, visit: [link].

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DEA Cultivation Access Hemp 98

Cannabis Law Report

JULY 28, 2022

billion by 2025. To the south, the US has generally had to play catch up with Canadian legislation, where cannabis was legalised in 2018. Legislation by state governments was recently echoed by the federal government on April 1 this year when the House of Representatives voted to federally decriminalise marijuana.

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Cannabis Law Report

JULY 5, 2021

billion by 2025. As European legislation continues to rapidly evolve and more medical cannabis markets emerge, we are well positioned to scale to the meet growing patient and partner demand in Europe for medical cannabis. 1 Curaleaf expects the total addressable European market is US$120 billion.

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Cannabis Law Report

JULY 1, 2021

Consistent with legislative trends, Virginia weighed in further on the nationwide marijuana debate by enacting two new comprehensive cannabis-related laws. The legislation establishes the Virginia Cannabis Control Authority to legalize, tax, and regulate recreational marijuana use. By Matthew F. Nieman on June 30, 2021.

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Law Marijuana Oil Recreational 66

Canna Law Blog

MARCH 13, 2024

billion from 2020 to 2025 at a CAGR of 21.74%. Evolving Rules Because the cannabis industry is still relatively new in most areas, legislation is constantly changing. As a result, the cannabis industry is growing at breakneck speed, especially when it comes to refined cannabis products.

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Business Supply Chain Dispensary Edibles 81

Cannabis Law Report

MARCH 22, 2019

Australia has a huge black market for recreational at relatively high prices , over complicated and over regulated sets of federal and state legislation and politicians still living the glory days of coal and the war on drugs. New Frontier Data estimates that Australia could have a count nearing 330,000 by 2025. Read the article at.

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Veriheal

JANUARY 18, 2023

In 2018, legislation was passed by the British Parliament that effectively legalized cannabinoids like CBD and CBDA. Research commissioned by the Centre for Medicinal Cannabis pinned a £1 billion valuation on the CBD market by the year 2025. Despite the law’s passing, CBD is still widely unregulated in the United Kingdom. CBD sales. .

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CBD Strains Research and Development Oil 79

Cannabis Law Report

AUGUST 20, 2022

Yes, there is momentum from 2021’s state legislative victories that resulted in Connecticut, New Mexico, New Jersey, New York, and Virginia all legalizing adult use. Many early investors expected federal legislation, to no avail. billion by 2025. Almost two years later, Congress has passed neither such bill. billion to $40.9

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Cannabis Law Report

JUNE 3, 2021

billion by 2025, with Germany alone representing nearly half the total market size, according to research from Prohibition Partners. “With such high barriers to entry, the German cannabis market opportunity perfectly complements this quarter’s continued growth in our domestic medical and adult-use channels.”.

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Events Education Cannabis Access 66

Canna Law Blog

MARCH 28, 2020

According to a recent study by Cowen , the sales of these products are expected to reach $16 billion by 2025. CBD products are subject to EU legislation on pet food. The highly coveted cannabinoid is infused with everything: bath bombs, dog treats and even workout clothes (yes, workout clothes!). billion by 2023.

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Hemp CBD Seed-To-Sale Pets 59

SpeedWeed

APRIL 27, 2021

Lawmakers in the state House passed legislation to implement the new legal pot program earlier this month. The bill, which passed the Montana Senate by a vote of 34-16, now heads back to the state House, where lawmakers will vote on the state Senate’s amendments. Changes In The Bill That The Montana Senate Passed.

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Cannabis Law Report

SEPTEMBER 10, 2022

The Oregon legislative Task Force on Cannabis-Derived Intoxicants and Illegal Cannabis Production is exploring potential reforms to the state’s regulation of cannabinoid products and legislation for 2023 to combat what law enforcement believes is an increase in illicit marijuana production. concentration threshold.

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Seed-To-Sale Hemp Cannabinoids Legislation 52

Cannabis Law Report

AUGUST 29, 2021

With a forecasted total market size of approximately USD $9 billion by 2025 1 , Brazil is expected to be one of the biggest cannabis markets globally and the largest in Latin America, particularly for medicinal cannabis products.

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Extraction Supply Chain Research and Development CBD 98

Veriheal

OCTOBER 9, 2020

Voters will also vote on Amendment A, which would legalize a retail cannabis market requiring state legislators to enact new cannabis laws if successful. Early predictions would place sales at around the $193 million mark as early as 2025. million over the next three years. Montana isn’t playing around when it comes to taxes.

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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. History of Marijuana Legislation in New York. Marijuana legislation main driving forces. La Guardia – the mayor of NYC from 1934 to 1945. billion in revenue.

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Marijuana Consumption Dispensary Vaping 59

Cannabis Law Report

SEPTEMBER 22, 2022

Acting in one fell swoop, on September 18, 2022, California Governor Gavin Newsom signed 10 cannabis-related legislative bills into law. Below is a discussion of the cannabis-centric Senate and Assembly bills adopted during the 2022 Legislative session. SB 1326 – Cannabis: Interstate Agreements.

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The Joint Blog

MAY 19, 2020

Virginia legislation to allow CBD in food products has been officially passed into law, reports the Associated Press. Nationwide sales of hemp-derived CBD products could hit $6 billion by 2025, according to Nielsen. But under the federal Food, Drug and Cosmetic Act, it is illegal to add CBD to food.

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Food Law CBD Hemp 26

Cannabis Law Report

NOVEMBER 5, 2021

billion by 2025. CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION: This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation.

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Cannabis Law Report

JUNE 23, 2021

billion) by 2025. This press release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “ forward-looking statements “). has emerged as the largest supplier of medicinal cannabis in the world. to reach 3.2 billion euros ($3.75

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Cannabis Law Report

JULY 22, 2019

The legislation would protect credit unions and banks that and services to state-legal cannabis businesses and provide assurance and legal clarity while removing vulnerabilities throughout the system. billion industry is still growing, with sales projected to top $25 billion by 2025.

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Banking Safety Business Legislation 40

Canna Law Blog

OCTOBER 22, 2020

As we have reported in this blog, new legislation to regulate cannabis is in the works here in Mexico. billion in 2025. A draft “Law for the Regulation of Cannabis” (the “Cannabis Law”) is under discussion by the Mexican Congress as we write. To us that seems shortsighted, as the global market for hemp is expected to grow from $4.6

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Cannabis Law Report

JANUARY 19, 2019

Existing Turkish legislation outlaws cannabis cultivation, but a legal loophole allows its fiber, stem and seed to be used. The US expects $71bn in income from cannabis by 2025,” he said. The new laws will allegedly allow fresh types of cannabis with minimized THC levels to be cultivated.

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Corante

FEBRUARY 25, 2020

The research claims that the market is growing rapidly and will be worth more than one-billion pounds by the year 2025. In 2020, the European Union has adopted a Novel Food Legislation. That means that the cannabis market alone is worth nearly as much as the other herbal supplement markets are when combined together. .

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Cannabis Law Report

FEBRUARY 7, 2020

It is comprised of NGO’s, farmers, businesses, environmental organisations and individuals who want to support progressive changes in hemp legislation. At present the CBD market in the UK is valued at £300 million and is expected to rise to £1 billion by 2025. A hectare of hemp flower is valued at around £33,000.

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Hemp Agriculture THC Extraction 59

Cannabis Law Report

SEPTEMBER 15, 2021

Total retail sales in Missouri are expected to grow to USD$650 million by 2025 per New Frontier Data. The state of Missouri surpassed 100,000 patients in May 2021 (seven months after the first sale) and robust patient adoption trends have continued since. Forward-Looking Statements. Private Securities Litigation Reform Act of 1995.

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