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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. Recent trends indicate a growing interest in alternative forms of consumption, such as edibles, topicals, and concentrates, in addition to traditional flower products.

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New York Senator Introduces Cannabis Cultivation Bill

SpeedWeed

Senator Jeremy Cooney of New York introduced a bill on July 20 that would build upon the state’s recreational cannabis law with a focus on getting cultivation up and running. This bill allows us to start fulfilling that promise by creating a supply chain of products for retailers in this new economy.”.

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Metrc Snag Alabama. bringing them up to 23 State contracts

Cannabis Law Report

Seamless data tracking helps operators optimize inventory control, accurately report sales data, and improve cultivation management. We are confident that Metrc is the best partner to help Alabama institute a trustworthy statewide seed-to-sale tracking system for our medical cannabis market,” said AMCC Director John McMillan. “We

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Cannabis business models 101: Types of cannabis businesses

SpeedWeed

Examples of plant-touching and ancillary businesses along the entire cannabis supply chain. Cultivation. Cultivation businesses are those that breed, grow, and harvest cannabis. They supply raw flower to dispensaries to be consumed in plant form or to processors & manufacturers for THC/CBD extraction.

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Empire State Cannabis Update: CCB Makes Progress In Hemp Program & Chair Hints At Adult-Use Timeline

Cannabis Law Report

As detailed in our previous post , the MRTA required the CCB to “issue rules and regulations governing the home cultivation of cannabis by certified [medical marijuana] patients. ” The CCB intends to address the sale of such products in the adult-use regulations. cannabinoid hemp and hemp extract.”

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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

Marijuana 100
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Hemp-CBD Across State Lines: Florida

Canna Law Blog

The Agriculture Improvement Act of 2018 (“ 2018 Farm Bill ”) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (“CSA”) and by providing a detailed framework for the cultivation of hemp. A license from FDACS is required to cultivate hemp.

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