Cannabis Law Report

AUGUST 15, 2022

The state has introduced a new program to compensate Maine cities and towns for costs they incur when opting to permit recreational, adult-use cannabis businesses. Legal sales of adult-use cannabis in Maine could grow to $300 million by 2025, according to one industry consultant. Maine Biz website reports. Source: [link].

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Recreational Consumption Research and Development Safety 52

Cannabis Law Report

JUNE 24, 2021

OTC PINK:NTRR) has announced it is acquired Deity Wellness, a company focused on the recreational use of hemp-based products. Delta-8 THC and recreational hemp-based CBD should open a strong new source of sales and revenues as we can now serve those wanting medicinal relief and those seeking pleasure.’ About Neutra Corp.

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Recreational Hemp Research and Development THC 66

Veriheal

APRIL 16, 2024

As such, there are now more than 440,000 cannabis jobs available in states that have legalized medicinal or recreational marijuana. We expect losses in these markets to continue to thin out in 2024 and turn positive once again in 2025,” they stated. Fortunately, the report’s authors are not concerned. “We

Dispensary 57

Dispensary Cannabis Marijuana Retail 57

Cannabis Law Report

SEPTEMBER 21, 2021

They write… Notoriously risk-adverse Big Law firms are building cannabis practice groups as a rising number of states legalize recreational and medicinal use, even though the drug remains largely banned under federal law. billion by 2025, cannabis market research company New Frontier Data said. Medical cannabis sales in the U.S.

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Law Medicine Compliance Compliance 97

Veriheal

MAY 5, 2023

A study looked at the link between psychedelics and spirituality, Minnesota is closing in on recreational cannabis, and Montana is looking to make cannabis banking easy. Cannabis Bill Minnesota residents received some thrilling news this week as the state Senate passed a bill to legalize recreational cannabis.

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Banking Research and Development Recreational Cannabis 98

Cannabis Law Report

NOVEMBER 1, 2021

billion by 2025 1. Curaleaf International’s cannabis flower products and extracted cannabis-based products now supply five separate markets, including Germany, Europe’s largest market for medicinal cannabis which is expected to be worth over €840 million by 2025 1. billion by 2025 1. billion by 2025 1. billion by 2025 1.

Seed-To-Sale 52

Seed-To-Sale Supply Chain Medicine Recreational 52

Canna Law Blog

MARCH 13, 2024

A milestone in Minnesota Minnesota, a state newly legalizing recreational cannabis, has seen an Indigenous revolution within its cannabis sector, primarily on reservation lands. As the broader state awaits recreational cannabis frameworks and regulations, tribal lands operate under a different set of rules governed by tribal sovereignty.

Supply Chain 83

Supply Chain Cultivation Recreational Cannabis 83

Veriheal

NOVEMBER 28, 2022

In the United States, where cannabis is still illegal under federal law, there are currently 19 states and the District of Columbia that allow the recreational use of marijuana. Of the MMJ states, Arkansas, Maryland, Missouri, South Dakota, and North Dakota had recreational cannabis on their ballots this November. . Starting Jan.

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Recreational Legislation Programs Legalization 98

Leafwell

JANUARY 26, 2021

In the nearly 20 years since recreational cannabis has been introduced in the U.S., alone to be a $41 billion industry by 2025. the legal cannabis industry has become an absolute juggernaut. So big, in fact, that experts project legal cannabis in the U.S. With that type of money involved, it’s no wonder that nearly ?

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Recreational Cannabis Legalization CBD 52

Cannabis Law Report

OCTOBER 7, 2021

Not only will it give Floridians more freedom and choice in their medical treatments and recreation, but it will also grant additional tax revenue for the state. . By 2025, we believe the general public will be better educated on psychedelics than they are now.

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Legislation Research and Development Treatment Therapy 105

Cannabis Law Report

DECEMBER 2, 2021

And, these involved making marijuana consumption for recreational purposes. Studies show that in 2019, Colorado collected more than $302 million as fees and taxes on recreational and medical marijuana. million as aggregate federal tax revenue by 2025. Mississippi also voted for allowing medical marijuana.

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Legalization Marijuana Decriminalization Recreational 52

Canna Law Blog

MARCH 13, 2024

As of early 2023, 37 states have approved medical cannabis use by qualified individuals, and 21 states have approved it for recreational use. billion from 2020 to 2025 at a CAGR of 21.74%. For states where recreational use is still illegal, industrial hemp is a suitable substitute.

Business 80

Business Supply Chain Dispensary Edibles 80

Veriheal

JULY 11, 2022

Now that both medical and recreational cannabis is legal in New York, there are some things that residents and visitors should know. Recreational cannabis is legal in the state of New York for adults 21 and up, but there is currently no way to purchase it legally. billion by as soon as 2025.

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Law Packaging Recreational Cannabis 104

Cannabis Law Report

NOVEMBER 1, 2021

billion by 2025 1. Curaleaf International’s cannabis flower products and extracted cannabis-based products now supply five separate markets, including Germany, Europe’s largest market for medicinal cannabis which is expected to be worth over €840 million by 2025 1. billion by 2025 1. billion by 2025 1. billion by 2025 1.

Seed-To-Sale 52

Seed-To-Sale Supply Chain Medicine Research and Development 52

SpeedWeed

JUNE 2, 2021

In 2020, the same ratio in sales happened with 54.20% of sales going to recreational consumers. In 2025, Marijuana Business Daily projects legal U.S. billion in sales for the craft beer industry in 2025 vs. $45.9 Fast-forward to 2025 and the projected economic impact of the cannabis industry on the U.S. billion with $45.9

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Data Media Business Cannabis 40

Cannabis Law Report

JANUARY 11, 2022

Conservative lawmakers” fear the bill is an endorsement for recreational marijuana use. Last October, the Partido National Restoration obtained the ten signatures of legislators that were required consultation from the Constitutional Court, thus preventing the bill from moving to in its second debate process.

Hemp 52

Hemp Media Law Legislation 52

Veriheal

OCTOBER 20, 2022

Moving forward, the state is encouraged to seek out crop insurance options for licensed marijuana farmers in California, where legal recreational cannabis sales are expected to top $6.59 billion by 2025. This is a significant increase from the $2.59 billion the state generated through legal cannabis in 2016.

Agriculture 109

Agriculture Research and Development Safety Cultivation 109

Veriheal

OCTOBER 9, 2020

Arizona Has its Sights on Recreational Cannabis. Arizona is set to try for recreational cannabis legalization again with Proposition 207. If passed, it would allow adults to buy, possess, and consume cannabis for recreational purposes. Early predictions would place sales at around the $193 million mark as early as 2025.

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SpeedWeed

APRIL 27, 2021

Montana moved a step closer to implementing its voter-approved recreational marijuana program last week. The bill that passed out of the Montana Senate late last week includes a taxation rate of 20 percent on recreational marijuana sales, according to the Associated Press. “Of Changes In The Bill That The Montana Senate Passed.

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Legalization Programs Treatment Recreational 52

Veriheal

FEBRUARY 16, 2023

billion in 2025. a research fellow at King’s College London’s Institute of Psychiatry, Psychology & Neuroscience , the aforementioned CBD-to-THC ratios were selected because they represent the most common types of cannabis products used for recreational purposes. million in 2020 to $5.3

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THC CBD Consumption Conditions 98

Cannabis Law Report

MARCH 6, 2022

Since laws began to be changed to allow both medicinal, and recreational use of weed, a whole new industry has established itself. According to Statista, sales of legal recreational cannabis will reach $25 billion by 2025. According to Statista, sales of legal recreational cannabis will reach $25 billion by 2025.

Dispensary 59

Dispensary Law Marijuana Recreational 59

Cannabis Law Report

FEBRUARY 16, 2022

The company will use the funding to expand its medical cannabis product portfolio and build out its recreational platform ahead of legalization in Germany. We firmly believe this team will play a central role in the expected legalization in Germany and have a decisive impact on the European market, projected to reach $3.6B by 2025.”.

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Environment Cannabis Retail Access 52

Cannabis Law Report

JULY 1, 2021

The second is an omnibus bill permitting all individuals over the age of 21 to lawfully possess recreational marijuana. In 2021, lawmakers extended protections to stop adverse employment actions against cannabis oil users and to legalize recreational marijuana. Recreational Marijuana Legalization Includes Expanded Expungement.

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Law Marijuana Oil Recreational 66

Cannabis Law Report

JULY 20, 2021

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. Together, these trends are driving 20% annual industry growth with a $38 billion target by 2025.

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DEA Cultivation Access Hemp 98

SpeedWeed

MAY 11, 2021

This is up 30 percent from last year, and the projected number for 2025 is $169 billion. Additionally, the taxes generated from selling recreational and medical cannabis also puts hundreds of millions of dollars into the economy via taxes, which in turn go back to fund local government and state activities.

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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 first is over-the-counter marijuana or recreational marijuana. Roughly half of that value is attributed to the United States. Keep in mind, that’s in the face of federal illegality.

Supply Chain 52

Supply Chain Pharmaceutical Policy Food 52

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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Hydroponic Data Legislation Cultivation 45

Cannabis Law Report

JULY 7, 2022

The cannabis industry has been steadily growing and expanding since 2012, when recreational legalization in the United States began with Colorado and Washington becoming the first two states to legalize recreational use. [5] billion in 2019. [6]. 7] However, during the middle of the lawsuit, UCANN filed for Chapter 11 bankruptcy.

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Collective Hemp Extraction Terpenes 52

Cannabis Law Report

SEPTEMBER 1, 2019

The Netherland’s liberal drug laws have long split opinion, and cultivations remains a touchy subject as home-growing is outlawed in a country associated with recreational public smoking of the drug. 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

JULY 28, 2022

Moreover, if the UK were to legalise cannabis – with recreational sales starting in 2024 – this would bring the market’s size to more than £1 billion in the UK alone. billion by 2025. In the past year alone states as far apart New Jersey, Montana, South Dakota, New York and New Mexico have legalised cannabis for recreational use.

Legislation 52

Legislation CBD Media Recreational 52

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.”. It’s obvious that “recreational cannabis” is the buzzword now. But the economic impact is huge,” he said. We want to establish Thailand as the hub for alternative healthcare.”.

Legislation 52

Legislation Extraction Food Media 52

Cannabis Law Report

NOVEMBER 28, 2021

Most countries still ban the supply of cannabis for recreational use but many have legalised the plant in recent years for medical use. The Centre for Medicinal Cannabis claims the UK CBD market is currently worth £300million and could hit £1billion by 2025, as more research on its health benefits is revealed.

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Research and Development Business Cultivation Access 52

Otherside Farms

MARCH 5, 2020

billion by the end of 2025. Cultivate is a Leicester, Massachusetts, based recreational shop that opened back in 2018. The story is really a warning to growers and recreational sellers to be aware of all the rules and regulations in their area, or face the consequences. In the U.S Take Cultivate Holdings as an example.

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Compliance Compliance Seed-To-Sale Cultivation 52

Dykema (Cannabis Law Blog)

JUNE 7, 2023

On May 30, 2023, Governor Tim Walz signed legislation to legalize recreational use of marijuana for persons 21 years of age and older. Legal retail sales do not begin until early 2025. All changes to Minnesota’s medical marijuana program take effect on March 1, 2025.

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Recreational Legalization Marijuana Seed-To-Sale 76

Veriheal

AUGUST 29, 2023

Also, in April 2022, fifty-two (52) hemp farmers were granted conditional licenses to grow cannabis for recreational use. billion by 2025. For instance, in January 2022, medical practitioners were, for the first time, certified to exercise complete discretion in deciding which patients are eligible for medical marijuana.

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Events Programs Retail Cultivation 75

Cannabis Law Report

JULY 12, 2021

Just look at Pennsylvania, a medical-only cannabis state (it isn’t legal for non-medical, recreational adult-use). Experts predict that your common shops like 7/11 and the likes will carry some sort of medical or recreational cannabis products,” Gottlieb said. Cannabis businesses will likely move to, or expand in, the east coast.

Banking 106

Banking Dispensary Research and Development Cannabis 106

Veriheal

AUGUST 11, 2021

Danielle Jordan, a 21-year-old EKG technician student stated that she does not know how to roll, so she purchases cones , which are “just so easy to stuff”. . Women Are More Likely to Use Cannabis for Health and Wellness. The fact that they are using cannabis to self-medicate as a result of poor success with prescribed pharmaceuticals. .

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Data Cannabis Programs Pharmaceutical 104