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

Cannabis Law Report

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. MONTRÉAL, Aug.

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Ukraine Cabinet Backs Bill To Legalize Medical Cannabis (7 June 2022)

Cannabis Law Report

We understand the number of people who will need medical treatment due to this exposure. The bill would expand patients’ access to the necessary treatment for more than 50 conditions, including cancer and post-traumatic stress disorder (PTSD), neurological diseases, and chronic pain of neuropathic origin. Forbes write.

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

Cannabis Law Report

The platform supports sales and marketing decisions for a wide range of CBD products based on quality, popularity and price point, allowing distributors and retailers to maximize returns and increase sales efficiency. the Kentucky-based, national leader in cultivation and production of seed-to-sale cGMP quality CBD.

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Alert: Massachusetts Cannabis Control Commission Alerts the Public to Quarantine Order Requiring ACK Natural, LLC to recall its Marijuana and Marijuana Products

Cannabis Law Report

ACK Natural, LLC recently disclosed that there are quarantined product packages for which verifiable test results cannot be produced because they were fully sold. Mycotoxins are contaminants that licensees are required to screen for to uphold public health, safety, and welfare. PRESS RELEASE.

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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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Alabama Lawmakers Approve Medical Marijuana Legalization Bill

SMPL

The proposal would establish the Alabama Medical Cannabis Commission, which would be responsible for overseeing a patient registry database, issuing medical cannabis cards and approving licenses for marijuana dispensaries, cultivators, transporters and testing facilities. The current bill has been revised from the earlier version.