Veriheal
AUGUST 16, 2023
In the fast-paced, data-driven world of the cannabis industry, partnerships are crucial to success. Turns out, his statements are backed up by thorough data analysis and insightful findings. As a result, ‘recreational’ categories like pre-rolls, edibles, beverages, vapes, and oils are seeing an upswing in market share.
Veriheal
APRIL 23, 2024
The American marijuana industry was worth about $57 billion in 2023 and is projected to reach $444 billion by 2030, a staggering growth that reflects it as the fastest-growing industry anywhere in the world. While older generations, such as Baby Boomers , largely prefer edibles, Gen Z likes flower the most.
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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).
Cannabis Law Report
JUNE 7, 2021
Data for tax revenue from wholesale taxes has not yet been made available. mg for edibles. million) | Tax rate: 12% retail excise tax until July 1, 2025, which then increases by one percentage point per year, maxing out at 18% on July 1, 2030; 5.125% to 8.6875% gross receipts tax (which varies depending on the location in the state).
Cannabis Law Report
JANUARY 9, 2022
mg for edibles. million) | Tax rate: 12% retail excise until July 1, 2025, which then increases by one percentage point per year, maxing out at 18% on July 1, 2030; 5.125% to 8.6875% gross receipts tax (which varies depending on the location in the state). New York (pop. On March 31, 2021, Gov. Andrew Cuomo signed legislation (S.854-A/A.1248-A)
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