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Germany goes to the polls Germanys snap elections on February 23, 2025, have the cannabis industry watching closely. On February 14, 2025, the Social Security and Health Committee of the National Council approved a plan to legalize and regulate adult-use marijuana by a 14-9-2 vote. over drug control obligations.
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.
The Office of the Attorney General for the District of Columbia announced that, as of February 27, 2025, it has shut down 25 unlicensed cannabis retailers in DC over the past six months. All in all, the agency claims that public safety is driving the shutdowns.
Groups like SAM claim to work in the interest of public health and safety first and foremost, perhaps to distance themselves from the prejudicial roots of anti-legalization in the past. Youngkin vetoed it based on addiction prevention and public health safety. The organizations current motto is Preventing the Next Big Tobacco.”
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. Black and Gray Markets Remain Strong Another potential safety threat to medical patients and adults seeking out more affordable weed is the black and legal market.
billion by 2025, with North America leading the way. Hemp CBD topicals represent a significant percentage of the booming CBD market. According to an August 2019 report released by Grand View Research, Inc., the global CBD skincare market is expected to reach $1.7
billion by 2025. New Yorkers should expect a ‘nation-leading’ model for marijuana legalization that focuses on racial justice, consumer safety, economic growth and a systematic deconstruction of the illicit market, says the lead sponsor of the Marijuana Regulation and Taxation Act (MRTA), State Senator Liz Krueger. billion by 2025.
Medicinal Genomics has introduced a new educational workshop for its upcoming 2025 Innovation & Investment Summit at the Wyndham Grand Rio Mar Resort in Rio Grande, Puerto Rico June 17-20, 2025. This new workshop features the greatest collection of cannabis genomics experts and innovative cultivators ever assembled!
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 by the year 2025. The post Oregon’s Synthetic Cannabinoid Ban Will Protect Consumer Health and Safety appeared first on Cannabis Central.
Though all these proposals deal with hemp regulations and consumer safety, SB3926 does not align with Ford and Collins’ bills. 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.
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.
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.
. “Without action to reduce growth, the government will need to build up to 4200 additional cells by 2025,” it says, which would cost $3.6 Adopting its proposed reforms would save $270 million a year in prison costs without compromising safety, the commission says.
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 cosmetics producers and sellers require Cosmetic Product Safety Report. CBD sales. . About Charlotte’s Web CBD. Home Office.
According to a recent study by Cowen , the sales of these products are expected to reach $16 billion by 2025. Specifically, the FSA is giving the CBD industry until March 31, 2021 to submit valid novel food authorization applications to ensure these products meet specific safety standards. billion by 2023. Hemp CBD Vape Products.
Our Senior Research and Development Scientist, Yvonne Helbert, recently spoke with Alex Beadle from Analytical Cannabis about why the PathoSEEK Microbial Safety Testing Platform is the best microbial testing method for cannabis. billion by 2025, according to a report by Grand View Research, Inc.”
Retain the current 15-percent excise tax rate until at least 2025, and thereafter increase the tax rate (no higher than 19 percent) as necessary to make up for cultivation-tax revenue. The cannabis tax reform trailer bill will: Indefinitely suspend the cannabis cultivation tax effective July 1, 2022.
Financial pressures, public opinion, social inequity, and public safety could lead to federal cannabis legalization sooner than many people previously expected. Total sales of legal cannabis in states where it is currently legal are projected to reach nearly $30 billion by 2025 ($13.1 billion in adult-use states by 2025.
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.
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.
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.
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. Key Takeaways –. According to the City, only a small number of those cultivation licenses went to Tier 1 and Tier 2 applicants.
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. Section 443.204(4) of the Health and Safety code reads “the processing or manufacturing of a consumable hemp product for smoking is prohibited.”
For each taxable year beginning on or after January 1, 2020, and before January 1, 2025 , Section 280E of the Internal Revenue Code, relating to expenditures in connection with the illegal sale of drugs, shall not apply to the carrying on of any trade or business that is commercial cannabis activity by a licensee. . CPAs – Jordan S.
billion in 2025 at a CAGR of 14%. The European Medicines Agency (EMA) is the regulatory body that evaluates and supervises the production and sales of medicines for safety and benefit of the customer, in the European Union Region. The market is expected to reach $2.72 The skin cancer drugs market consists of sales of skin cancer drugs.
By many estimates, the global cannabis economy is expected to exceed $95B by 2025. If a government chooses this lane, they have a responsibility to ensure safety, quality, and consistency. Roughly half of that value is attributed to the United States. Keep in mind, that’s in the face of federal illegality.
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 program, if it becomes official, would extend the lifespan of the provisional licensing program to allow provisional permits. It would also allow for trade samples of cannabis products to be shared among businesses, addressing another issue the industry is currently facing. .
We look forward to working with the public and all interested parties as we develop guidelines around this new industry to move it forward, while also protecting public safety and raising revenue for the state of Montana.”. Changes In The Bill That The Montana Senate Passed.
Measure 109 called on the state to only license people who have been Oregon residents for at least two years, until 2025. There are also draft rules on how facilitators will be trained to sit with people taking psilocybin to ensure safety. Board members hope the ban will allow lots of small farmers to set up grow operations.
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. Authorizes a laboratory testing cannabis or cannabis products to amend a certificate of analysis to correct minor errors.
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.
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. This includes cases in which CBD products were tested and found to have less Cannabidiol than claimed.
While the CEOs did not take a stance on the legalization of marijuana, they noted that the conflict between state and federal law has left most cannabis businesses to operate only in cash, creating public safety and tax issues and putting businesses providing ancillary services to cannabis shops at risk of losing their access to financial services.
DCC develops and implements progressive cannabis policies with robust protections for public health, safety and the environment. March 31, 2025. DCC works closely with all stakeholders, including businesses and local jurisdictions, to create a sustainable legal cannabis industry and a safe and equitable marketplace. October 15, 2021.
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.
Illegal operators would have to secure a local cannabis permit by January 1, 2025 through the local process, but would not have to go through the screening permit process, or the conditional use permit process, if they stay in their current locations. The California Bureau of Cannabis Control will control the state licensing process.
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. The global packaging market for cannabis products is expected to surpass $20.4 All cannabis product packaging must be child-resistant by law.
of total net sales by the end of fiscal 2025. The company expects average annual growth from fiscal year 2022 through 2025 driven by core expansion and increased innovation across both divisions. Expanded Cost Savings to $1 Billion by End of Fiscal 2025. The Snacks Growth Engine: Elevating Growth and Margins. Adjusted EBIT. .
The researchers found overwhelming benefits for the economy, public health and safety, and thusly recommended the development of a comprehensive regulatory framework for marijuana use in the city. . Researchers predict that the market will be valued at $7 billion by the year 2025. Current situation and fight for recreational use.
Service Centers are not considered healthcare facilities under Oregon law but will be subject to health and safety regulation by the Oregon Health Authority. A facilitator must also establish that they meet the two year residency requirement, until January 2025.
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. CBD Legal and Safety Issues An FDA report presented to the U.S. It has been predicted that the U.S CBD Products and the FDA The U.S.
For multiple health and safety reasons, we believe orally dosed MYMD-1 is vastly superior to any of the available TNF inhibitors on the market today, one of which is the best-selling drug in the world.”. The secondary measures will be the safety, tolerability, and pharmacokinetics in this population of patients.
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