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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. Additionally, the economic activity generated by the medical marijuana industry boosts local economies through increased consumer spending and tax revenue.

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Philippines: Cannabis bills likely to be indefinitely postponed

Cannabis Law Report

A Business World reporter quoted that Duterte had said “Marijuana – they are cultivated…I’ll give you the excuse to harvest for… they will say it’s medicinal. Editha R Hechanova of Hechanova & Co Inc explains the hurdles that are preventing Filipino lawmakers from legalising medical cannabis… Editha R Hechanova.

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Ikänik Farms Signs Collaborative R&D Agreement with Corporation for Biological Research (CIB), a Colombian Scientific Research Corporation

Cannabis Law Report

The Partnership Seeks to Develop Cannabis-Based Products for the Treatment of Human Diseases, Beginning with Colon Cancer. We look forward to working with some of Colombia’s leading academics, including clinical and technological specialists, to advance the development of cannabis-based medical treatments.”. “We

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Greenway – Article: Income Taxes and the Cannabis Business: The Impact of §280E

Cannabis Law Report

1981-623) that had allowed deductions incurred in carrying on the production, distribution, and sale of controlled substances. The production or sale of marijuana is still illegal under U.S. In 1982, Congress enacted Sec. 280E, which reversed a Tax Court decision ( Edmondson , T.C. 173 (2007)). 280E, still apply.

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“C” is for…

The Blunt Truth

The 2018 Farm Bill amended the definition of “hemp” to specifically include “all derivatives, extracts, cannabinoids,” which has been construed as an attempt to include hemp-based CBD under the definition of industrial hemp.

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Weekly Legislative Roundup 2/22

NORML

New Jersey lawmakers have come to an agreement with Governor Murphy regarding retail marijuana tax rates, settling on charging sales tax by weight as opposed to a specific percentage. Welcome to the latest edition of NORML’s Weekly Legislative Roundup! Your Highness, Carly. Actions to Take.

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Article – Reed Smith: UK: Cannabis In The UK – A Regulatory Environment In Transition?

Cannabis Law Report

The recent trend towards decriminalization of cannabis in other countries suggests they may be right, but in the meantime, a proliferation of products containing extracts from cannabis plants are appearing in UK stores. 19 August 2019. Authors – Carolyn E. Pepper and Jess Parry. What substances are at issue?