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Ohio’s Recreational Cannabis Market Landscape and Projections

Veriheal

As debates heat up over recreational cannabis, all eyes turn to Ohio and its potential legalization. Ohio, often viewed as a bellwether state, now faces a defining question: Will it join the growing roster of states opting to launch legal recreational marijuana markets? in recent years. Passions run deep on both sides.

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Quick Guide to Cannabis Business Opportunities

Canna Law Blog

As of early 2023, 37 states have approved medical cannabis use by qualified individuals, and 21 states have approved it for recreational use. Business Opportunities in the Cannabis Industry There are two main categories of cannabis businesses — plant-touching and ancillary. The edible market alone is projected to grow by $25.27

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New York To Eliminate Cannabis Cultivator Licensing Fees For Two Years

Veriheal

Unlicensed cultivators and dispensaries are running rampant, and many are complaining that the process for licensing is taking too long. With medicinal and adult-use (recreational) marijuana now fully legalized, New York is ranking as one of the top states for consumption anywhere in the country.

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New York approves its first rec cultivation licenses

Leafly

This week, New York took a huge step towards launching its recreational marijuana program. On Thursday, April 14, the state’s Cannabis Control Board (CCB) voted to award conditional cannabis cultivation licenses to 52 existing hemp farms within New York.

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State Agency Envisions Cannabis Cultivation Boosting Job Growth in Alaska

Veriheal

Who would have thought that cannabis cultivation could be Alaska’s biggest earner? Over the course of the next eight years, marijuana cultivation is set to soar to new heights. Based on the latest employment trend report issued by Alaska’s labor department, marijuana cultivation will experience the most tremendous growth.

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AOC’s Slam on Biden, NM’s Recreational Launch, & CA Cannabis Businesses’ Cry for Help

Veriheal

AOC and others have called on President Biden to make good on his promise of cannabis reform, New Mexico has gotten its recreational market up and running with a batch of new licenses, and California cannabis businesses wrote to Gov. The state is planning to license more cannabis businesses in the coming weeks.

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NJ: New Brunswick sets tax rates for recreational cannabis businesses

Cannabis Law Report

Under the ordinance, cannabis cultivators, manufacturers and retailers will be taxed at 2 percent of the receipts from each sale and cannabis wholesalers will be taxed at one percent of the receipts from each sale, according to a public notice. The businesses have to obtain a license from the state. New Brunswick. Source: [link].