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The Economic Impact of the Medical Marijuana Industry: Trends and Projections

MMJ Recs

This burgeoning industry encompasses a wide range of activities, including cultivation, processing, distribution, and retail sales of medical cannabis products. Additionally, the economic activity generated by the medical marijuana industry boosts local economies through increased consumer spending and tax revenue.

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Is weed legal in Greece?

The Cannigma

The following year, Greek lawmakers approved a law to allow the cultivation and processing of medical cannabis with up to 0.2% tetrahydrocannabinol (THC), which was followed in 2021 by the approval of a bill to legalize the cultivation and sale of medical marijuana with more than 0.2% How do Greeks generally view marijuana?

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In Congress, a Changed House Finally Looks at Cannabis Banking

SpeedWeed

Six years after introducing the Secure and Fair Enforcement (SAFE) Banking Act, a cannabis banking reform measure, co-author Denny Heck finally saw it enjoy its first committee hearing in Congress on Wednesday. Here’s How Cannabis Companies Are Banking Legally on the Down Low. “We are all late,” Rep. .

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New Mexico Adult-Use Industry Could Face Cannabis Shortage

SpeedWeed

And while product sales this year remain brisk—with states like Michigan and Illinois reaching billion-dollar industry valuations—questions remain about the true viability of legislative change and the ability of legal providers to compete with legacy markets. Banking Still a Wild Card . Growth Persists Despite Legal Uncertainty.

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Two Quarters In, What’s Next for U.S. Cannabis?

SpeedWeed

And while product sales this year remain brisk—with states like Michigan and Illinois reaching billion-dollar industry valuations—questions remain about the true viability of legislative change and the ability of legal providers to compete with legacy markets. Banking Still a Wild Card . Growth Persists Despite Legal Uncertainty.

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New Leaf Ventures Finalizes Willies Reserve Exclusive Licensing Rights for Washington State

SpeedWeed

And while product sales this year remain brisk—with states like Michigan and Illinois reaching billion-dollar industry valuations—questions remain about the true viability of legislative change and the ability of legal providers to compete with legacy markets. Banking Still a Wild Card . Growth Persists Despite Legal Uncertainty.

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Weekly Legislative Roundup 3/8/19

NORML

This week, a bipartisan coalition of more than 100 co-sponsors has reintroduced legislation in Congress, The Secure and Fair Enforcement Banking Act (SAFE Banking Act), HR 1595, to allow state-licensed marijuana-related businesses to engage freely in relationships with banks and other financial institutions. Actions to Take.