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Legalizing Marijuana- What Economic Benefits Does the Act Bring Along?

Cannabis Law Report

Pulling a leaf out of Colorado’s book- four states like New Jersey, Montana, South Dakota, and Arizona made curious decisions. And, these involved making marijuana consumption for recreational purposes. Several states held votes for determining the legal marijuana industry’s future in one form or the other.

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2020 Colorado Cannabis Laws Update

Cannabis Law Report

While I recognize the market need for delivery services, I’m grateful that at the onset of recreational legalization Colorado began with a brick and mortar model. It creates a verifiable revenue stream and it keeps all the operational dollars within your jurisdiction because you have an actual store that collects sales taxes.

Law 59
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Oneida Indian Nation to Launch Cannabis Operation

Cannabis Law Report

The Oneida Indian Nation will charge and collect taxes at the same level as New York State, and the Nation will dedicate those tax proceeds exclusively to tribal government programs such as public safety, health care, affordable housing, education, and cultural preservation. About the Oneida Indian Nation.

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Mondaq Article: South Africa: Cannabis: balancing Competing Interests

Cannabis Law Report

These include the Prevention of and Treatment for Substance Abuse Act 17 of 2008, the Drugs and Drug Trafficking Ac t 140 of 1992 (“the Drugs Act”), Criminal Procedure Act 51 of 1971 and the National Drug Master Plan 2006–2011, all of which prohibit the use of cannabis, be it for recreational or medicinal purposes.

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Study shows CBD can modify your high

The Cannigma

The authors noted that previous studies used THC in the range of 8 mg, so the THC amount in this study (65mg) was a better representation of real-life, adult-use consumption. The dose consumed during the sessions were as follows: CBD 130 mg, THC 65 mg, CBD 130 mg + THC 65 mg combined (2:1 ratio CBD:THC) and a hemp placebo <0.05

CBD 139
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Back to the BRC: “The ability to tax cannabis is one of the main political reasons given to support recreational legalization. A successful tax system will need to raise money to pay for increased education, public health and enforcement costs associated with marijuana cultivation and use.”

Cannabis Law Report

While we could devote a book length article to a present day critique of that report we are going to limit our thoughts to a review of the Tax Policy component of the report which appears on pages 48 through 56. The ability to tax cannabis is one of the main political reasons given to support recreational legalization.

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Have joint will travel: 420 hotels and cannabis-friendly places to stay

The Cannigma

The Clarendon allows guests to book a cannabis-friendly room on Bud and Breakfast , a website that helps guests find “cannabis friendly accommodations worldwide.” Another website, InnDica offers “an exclusive, carefully curated collection of cannabis friendly destinations and experiences” in the US and Jamaica.