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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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Ohio’s Recreational Cannabis Market Landscape and Projections

Veriheal

Ohio, often viewed as a bellwether state, now faces a defining question: Will it join the growing roster of states opting to launch legal recreational marijuana markets? We are eyeing long-term business opportunities should the marijuana prohibition fall in the Buckeye State,” he said. in recent years.

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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

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New York Cannabis: Potential Tax Changes

Canna Law Blog

Under the Marijuana Regulation and Taxation Act (MRTA), New York would have charged a potency THC tax on all adult-use cannabis, plus an excise tax of 9%. This new tax approach will ultimately lead to thriving cannabis businesses at all levels of the supply chain.

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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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Washington State Dumps Akerna & Adopts Own Simpler Seed To Sale System

Cannabis Law Report

Washington state is scrapping its contract with a third-party, marijuana seed-to-sale traceability provider in favor of a more simplified system developed in-house, a first for any state cannabis program. The session will cover the fundamental processes and data reporting requirements of CCRS. September 3, 2021.

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Pennsylvania’s Medical Cannabis Legislation Was Recently Amended

Veriheal

This legislation provides important updates to our state’s medical [cannabis] program to ensure that patients have improved access to medication.”. HB 1024 follows up on recommendations that were put forward by the Department of Health to amend the Medical Marijuana Act, which was signed by the Governor in April 2016.