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According to a recent report from Prohibition Partners for Latin America and the Caribbean (2020), the medical cannabis market in Mexico could be worth $60 million by 2024. So, it isn’t a huge market by comparison to the U.S. or Canada but still holds many opportunities. “As
The production company for High Science , a major cable channel documentary, once again shot the entire CannMed 23 summit in preparation for the summit’s inclusion in its first season scheduled for release later this year or early in 2024. Punja’s Presentation Michael Steward, M.D., Stay tuned for that.
The 10-week curriculum will include subject matter experts on topics such as the history and politics of the industry, compliance, delivery, and hospitality as well as marketing and best practices. Providing a free program to have certain low-level marijuana conviction records sealed.
billion by 2024, with over US$22 billion of that market generated by Europe and an estimated excess of £2 billion likely to be generated in the UK. cultivating cannabis without or not in compliance with a licence). JULY 21, 2021. The value of the global medicinal cannabis market is projected to reach US$62.7
The Hall Act restricts legal usage to that of cannabis products (not hemp) that can be ingested – for example, by tablet or non-sugarcoated gummy – topical products, suppository, transdermal patch, or by nebulizer. The retail sale of marijuana in Virginia, however, will not begin until January 1, 2024. View source.].
Assuming the current trend continues, predictions state that by 2024, $7.2 WeedAdvisor looks forward to supporting new retail stores with our business solutions in POS, reward programs, compliance, inventory tracking and much more as they gradually snuff out illicit sales. However, it is not necessarily a substantial one.
Under this law, cities were required to adopt new ordinances by January 2024 to allow for medical cannabis delivery to patients and their primary caregivers. From flowers and concentrates to edibles and topicals, patients can explore a diverse array of products to find the ones that best suit their therapeutic needs.
Then there’s the bursting cannabis industry, filled with all its technology and compliance –yet void of any measurable reduction in the collective carbon footprint. Dayna Stein closes with a powerful statement: “ Our business is truly about community building and taking collective action.”. billion cannabis industry.
from the second half of 2021 onwards as the Group fully repaid in May and June 2021 its 2022 and 2023 Eurobonds and successfully purchased a significant portion of its 2024 and 2026 Eurobonds which were bearing much higher interest rates. Second investment grade credit rating from Fitch Ratings after the one secured with Moody’s last year.
Sales and market data According to OLCC data , retail sales between January 1, 2024 and November 30, 2024 clocked in at $881 million. The trend continued in 2024 (usable marijuana sales dropped another 2.5% Licenses and licensing Our years-long OLCC licensing moratorium was made permanent in 2024 (more on that below).
In 2024, we may finally see adult use marijuana in Florida. ” The single-subject rule means that the initiative can only address one subject, topic, or issue. The post 2024: Adult Use Marijuana in Florida appeared first on Harris Bricken Sliwoski LLP. We will keep you posted.
A central topic focused on advancing full cannabis legalization while complying with EU law and international Drug Treaties. Czechia previously sought to ban HHC products in 2024. Commercial operators will need permits to ensure compliance with regulations and local municipalities can impose their own usage restrictions.
However, with social equity becoming a prominent topic in the cannabis industry, California officials have started investing significantly in social equity policies. Funds will go towards local programs offering technical support, regulatory compliance and assistance.
It’s also not defined in the 2020 National Credit Union Administration Guidance on banking hemp-related business (“HRB”s) (which we helped create) or the 2020 FinCEN Guidance on that related topic. Beneficial ownership reporting is a core banking requirement, with a new rule coming down the pike January 1, 2024, in fact.
In early 2024, a bill was signed by Kentuckys Governor to expedite the cannabis licensing process ahead by six months so the new medical cannabis market launch could also happen sooner. These applications flooded in during the two-month window for applying that ended in October of 2024.
As outlined on Denvergov.org , the above Omnibus bill covers 3 main topics: (i) Social Equity; (ii) Marijuana Delivery Permits; and (iii) Existing License Changes. Prior to July 1, 2024, however, only medical or retail transporters who qualify as social equity applicants may perform the act of delivery to consumers and patients.
Because no good deed goes unpunished, I continue to receive a stream of inquiries regarding associated compliance, e.g., Where do I get a labor peace agreement? OLCC has published three compliance bulletins on the topic, two of which address this question in slightly different ways. Whats this prompt on my CAMP screen?
In my view, Haley is sitting in a pretty typical Republican spot for 2024, which can be summarized as “states’ rights are best for marijuana” but “it’s not a federal priority.” That revamped bill would undo federal criminalization of people acting in compliance with state cannabis programs, or Indian tribal law. I tip my hat.
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