Cannabis Law Report

DECEMBER 30, 2019

Worldwide legal marijuana sales have more than tripled between 2014 and 2018 to almost $11 billion, and most analysts on Wall Street predict that legal weed could generate anywhere from $50 billion to $200 billion a year by the time 2030 rolls around. entirely illegal, prone to abuse, and not recognized as having any medical benefits).

Banking 64

Banking Business Cannabis THC 64

Cannabis Law Report

JUNE 7, 2021

The state’s medical marijuana program did not have dispensaries, meaning there were no cannabis businesses that could transition to adult-use cultivators and retailers. The legislature and governor had legalized personal possession and cultivation only in 2018. Data for tax revenue from wholesale taxes has not yet been made available.

Marijuana 91

Marijuana Retail Collective Programs 91

Cannabis Law Report

JANUARY 9, 2022

The state’s medical cannabis program did not have dispensaries, meaning there were no cannabis businesses that could transition to adult-use cultivators and retailers. The state’s legalization law divides cannabis tax revenue into two funds, one to support public health initiatives and the other for public safety and law enforcement training.

Collective 52

Collective Policy Retail Programs 52

Cannabis Law Report

MARCH 25, 2019

In the Controlled Substances Act, Congress has generally prohibited the cultivation, distribution, and possession of marijuana. 2030 , 2068, 2070; Pub. Preventing violence and the use of firearms in the cultivation and distribution of marijuana; . Sessions wrote. “In 2 1 U.S.C. § 801 et seq. 2 1 U.S.C. § 841 el seq.

Banking 45

Banking Law Marijuana State Laws 45