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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. Demographic shifts also play a role, with older adults increasingly turning to medical cannabis for pain management and symptom relief.

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The Status of Cannabis Legalization in the South

Cannabis Law Report

While cannabis legalization moves full steam ahead through much of the Northeast, the southeastern U.S. These states haven’t made major headlines for their progressive cannabis policies, but together they constitute a major market that has, nevertheless, dipped its toe in the water. has been notably slow to uptake major reforms.

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Cannabis Co. Juva Life Secures $11.8M in Financing For Operations Expansion, Clinical Research

Cannabis Law Report

Cannabis-focused pharmaceutical research and development and consumer-facing company Juva Life Inc. Additionally, Juva plans to use the funds to further its clinical research development programs on novel compounds Juva-019 and Juva-041, targeting the treatment of inflammation. “I has closed a dilutive financing of $11.8

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MariMed Launches Hemp Engine™ Marketing Platform for CBD Distributors, Retailers and Consumers

Cannabis Law Report

Proprietary system developed by the Hemp Engine development team and Sprout , the leading CRM provider to the cannabis industry and a MariMed strategic partner. A turnkey retail and educational in-store platform for emerging CBD sector. Provides major benefits to both small and mass market retailers and their customers.

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Canadian LP MTL Cannabis to Go Public by Merging with Canada House

Cannabis Law Report

MTL Cannabis to Acquire Control of Canada House. The acquisition combines proven high quality dried flower sales and industry-leading yields with immediate facility expansion, increased capacity, enhanced product development, key sales licences, existing provincial supply deals, and direct distribution to medical patients focused on Veterans.

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Update: Massachusetts Marijuana Establishments Surpass $2 Billion in Gross Sales

Cannabis Law Report

On eve of Commission’s fourth birthday, Marijuana Establishments surpass $2 billion in gross sales since retail stores opened in Massachusetts; progress continues to achieve industry goals. Over the first year of adult-use sales , from November 2018 to November 2019, 33 Marijuana Retailers generated $393.7

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Wondering How Much Are The Sales Taxes Of Marijuana-derived Products? Find Out Here

Cannabis Law Report

Then you may already know that the sale and purchase of marijuana for recreational use is allowed in only 17 US states and the District of Columbia. However, there is another important factor for you to consider – the taxation technicalities of cannabis. Apart from these, there is also the sales tax and excise tax.