article thumbnail

Federal policy kills buzz for advertising pot

Cannabis Chronicles

Facebook, which like Google prohibits marijuana ads, has kicked some weed sellers off Instagram. CBS declined to air a commercial touting the benefits of medical marijuana during the Super Bowl. market could surge eight-fold to $80 billion in sales by 2030, according to Cowen & Co.

Policy 154
article thumbnail

Americans Will Cultivate Over 4 Billion Grams Of Homegrown Cannabis in 2022

Veriheal

According the market researcher’s projection, the industry is expected to achieve a value of $4 billion by 2030. The change he pointed out was in how the DEA treats marijuana seeds. New Frontier Data predicts that Americans will grow an estimated 15 million pounds of dried cannabis at home by 2030. Will you be one of them?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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. Here’s what they say. Legalizing cannabis for adults has been a wise investment. As of December 2021, states reported a combined total of $10.4

article thumbnail

Is weed legal in Switzerland?

The Cannigma

In 2012, Switzerland decriminalized the possession of marijuana, and since October 1, 2013, the possession of up to 10 grams of cannabis is subject to an on the spot fine of CHF 100 ($107.8). How do the Swiss generally view marijuana? Switzerland does not have a separate, dedicated state-run medical marijuana program.

article thumbnail

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

Cannabis Law Report

Legalizing marijuana for adults has been a wise investment. 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. billion in tax revenue from legal, adult-use marijuana sales. Colorado (pop.

article thumbnail

UN cannabis vote expected March 2020 as agency hints at soft stance

Cannabis Law Report

A key international vote on cannabis rescheduling may not be held until March 2020, as governments continue to push for more time to decide on downgrading marijuana to a less harmful category. Transform , a UK-based drug reform advocacy group, first reported this week on the policy statement, which was quietly released in January.

article thumbnail

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. . ” © 2019 Leafly.

Hemp 69