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state to pass an adult-use marijuana legalization law, though sales would not start until 2024. state to pass an adult-use marijuana legalization law, though sales would not start until 2024. Filed Under: Breaking News , News & Insights , Spotlight , Virginia Tagged With: Adult-use legalization , Virginia.
According to Kelowna Capital News , the average price of illegal cannabis is 17% higher roughly three months after legalization. Kelowna Capital News explains how legalization has affected cannabis pricing: “The average price of a gram of pot has grown 17 per cent since legalization, according to Statistics Canada.
While the practice of obtaining partnerships with retailers and suppliers is commonplace in any sales industry, the bids given to these single-location businesses are quite unprecedented. At some point these price tags just got silly”. You can find more information in our site’s E-News section. Massive Bids. Final Thoughts.
In a much more highly publicized case, Kushy Punch and some of its owners were tagged with a $128 million fine in late 2022 for alleged illicit market sales. Bad news for Los Angeles. The ruling in the Kushy Punch case highlights how much power the agencies have, even though they hardly ever use it.
It is cultivated mainly for medicinal and “recreational” purposes. Some states have also legalized marijuana for recreational use. The good news is that a reputable company will gladly provide this information. CBD products are not for use by or sale to persons under the age of 18. Marijuana is considered to be a “drug.”
The exploding legal cannabis market operates under regulations that protect them from law enforcement, but also complicate farmers’ traditional methods of doing things: more waste is produced in complying with seed-to-sale tracking, which includes tagging every single plant with a plastic card detailing its crop and batch information.
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