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Cannabis Is Helping Cultivate Jobs in More Than Dispensaries

Veriheal

Pew Research Center “found that 88% of US adults are on board with marijuana legalization for either recreational or medical use.” Flowhub says, “Nearly $3 billion in retail cannabis taxes were collected in 2022.” Cannabis legalization generates massive amounts of revenue. That $3 billion is only the tip of the iceberg.

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Europe’s Cannabis-Friendly Hotspots Could Trigger an Economic Shift 

Veriheal

These countries have the collective potential to spark economic transformation across the EU, which has been bludgeoned by financial downfalls since the COVID pandemic; GDP sunk 6.3% In Germany, legal recreational cannabis sales are slated to launch by the end of 2024. at the end of 2020. billion) by 2027. billion) by 2027.

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Sugarbud Expands Product Portfolio In Ontario

Cannabis Law Report

“We are delighted to be expanding our Craft Cannabis Collection in the Province of Ontario – Canada’s largest and fastest growing recreational cannabis market,” stated Sugarbud’s CEO, John Kondrosky. About Sugarbud. We Take Pride. We Take Our Time…………. Experience the Difference. CONTACTS: John Kondrosky.

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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

The ability to tax cannabis is one of the main political reasons given to support recreational legalization. This results in two negative effects: lower actual tax collections, and a continued illicit market. There are several points in the supply chain where cannabis taxes can be assessed cultivation and at the retail level.

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Canadian Cannabis Market: Decoding The Facts and Figures

Cannabis Law Report

October 17, 2018, was the day when Canada approved recreational cannabis as per the Canada Act. The increased number of brick and mortar and click and collect offerings brought upon by expanding online cannabis space helped boost sales. . Editors Note: This is a guest post. . And guess what? Quite evidently, Cannabis 2.0

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Cannabis Waste Is ‘Special Regulated Waste’ and That’s a Costly Problem for the Industry

Cannabis Law Report

Medical and recreational cannabis is projected to be a $13 billion dollar industry in the US in 2019, which has investors and eager entrepreneurs alike clambering to get in on the market. Cannabis, despite being legalized in 33 states for medical or recreational use, is still a Schedule 1 drug under the federal Controlled Substances Act.

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Back to the BRC

Cannabis Law Report

The ability to tax cannabis is one of the main political reasons given to support recreational legalization. This results in two negative effects: lower actual tax collections, and a continued illicit market. There are several points in the supply chain where cannabis taxes can be assessed cultivation and at the retail level.