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Cannabis taxes may generate $12 billion for U.S. states by 2030, according to Barclays strategists

Cannabis Law Report

last year and that could grow to $10 billion to $12 billion for states by 2030, exceeding tax revenue from alcohol, according to municipal-bond strategists at Barclays Plc. States and cities collected $350 billion from the COVID-19 stimulus package to spend on everything from subsides for low income renters to pay increases for teachers.

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Taos News: Picuris and Pojoaque pueblos will administer independent cannabis tax programs

Cannabis Law Report

An agreement signed last month between the New Mexico Taxation and Revenue Department and Picuris Pueblo formally recognized the tribe’s authority to administer its own tax program in relation to cannabis. The state also signed a tax agreement with Pojoaque Pueblo.

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Medxtractor Doubles Down on B2B Licensing & mHealth

Cannabis Law Report

The company anticipates launching both programs this year. GM Insights projects that the market for mHealth products will grow at a 30% compound annual growth rate from $56 billion in 2020 to more than $805 billion by 2030. Data Bridge Market Research believes that psychedelics will grow at a 13.3% compound annual growth rate from $2.8

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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

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. Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. of the population enrolled.

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MPP Report: Marijuana Tax Revenue in States that Regulate Marijuana for Adult Use

Cannabis Law Report

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. Eight of the laws passed in 2020 or 2021, and in seven of those states, licensing and tax collections have not yet begun. of the population enrolled.

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MedXtractor Fills a Key Gap in Mental Health Treatments

Cannabis Law Report

According to the Lancet Commission, mental health disorders are on the rise in every country worldwide, and the resulting lost productivity will cost the global economy $16 trillion by 2030. s (CSE: MXT) (OTC: MXTTF) SHAMAN and YMI programs apply machine learning to high-resolution health records to better diagnose mental health disorders.

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Cannabis Sustainability: Hemp Perspectives

Cannabis Law Report

On the topic of sustainability, Florida also currently lacks a dedicated patient or clinic “cannabis collection” station for used cannabis products; an integrated program for safe disposal here in Florida must be addressed, by the Medical Marijuana Advisory Committee or other dedicated state body. . In Time for 2030?

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