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The Economic Impact of the Medical Marijuana Industry: Trends and Projections

MMJ Recs

Overview of the Medical Marijuana Industry The medical marijuana industry has experienced significant growth and evolution in recent years, fueled by shifting attitudes, changing regulations, and expanding legalization efforts across various jurisdictions.

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New York Senator Introduces Cannabis Cultivation Bill

Cannabis Law Report

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. He continued, “We passed adult-use recreational marijuana with the promise of investing in communities most negatively impacted by the failed War on Drugs.

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National Hemp Association Chairman Aims to Build Out U.S. Hemp Supply Chain

Cannabis Law Report

To this day, Whaling credits Newman for inspiring his dream of bolstering the industrial hemp supply chain in the U.S. industrial supply chain for a means to use the entire hemp plant to its full potential. While hemp cultivation only became fully legal in the U.S. is to build out the U.S. Collective Growth Corp.

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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.” economic impact from marijuana sales in 2022 is expected to reach $99 billion—up more than 20% from last year—and upwards of $155 billion in 2026, according to analysis from the newly published MJBiz Factbook.”

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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. He continued, “We passed adult-use recreational marijuana with the promise of investing in communities most negatively impacted by the failed War on Drugs.

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The Economic Impact of the Medical Marijuana Industry in Michigan

MMJ Recs

The legalization of medical marijuana in Michigan has ushered in a new era with profound implications for the state’s economy. Michigan Medical Marijuana Industry Overview The Michigan Medical Marijuana industry has undergone a transformative evolution, emerging as a dynamic and regulated sector within the state.

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New Jersey: Sayreville Considers Banning Recreational and Medical Marijuana

Cannabis Law Report

SAYREVILLE, NJ — The Sayreville Council has introduced an ordinance that would ban both recreational and medical marijuana businesses from operating in the borough. The ordinance would amend borough zoning laws to prohibit licenses issued for cultivation, manufacturing, and retail distribution of marijuana.