article thumbnail

Corruption in the Legal Cannabis Industry: Temptation Facilitated by Greed and Cannabis Cultivation

Veriheal

The newly emerging legal cannabis industry has cultivated more than just cannabis and jobs. Moving forward to 2025, the economic impact is projected to achieve a value of around $160 billion. Moving forward to 2025, the economic impact is projected to achieve a value of around $160 billion. It also produces a lot of capital.

article thumbnail

Global Polyethylene (HDPE, LDPE & LLDPE) Market Report 2021-2025 with Potential Impact of COVID-19 – ResearchAndMarkets.com

Cannabis Law Report

billion in 2025, growing at a CAGR of 4.87% during the period spanning 2021-2025. Growing cultivation of cannabis and increasing demand for plastic films is expected to act as a major key trend for the market. The global polyethylene market inclined to US$169.27

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Gov. Newsom’s Budget Trailer Bill Makes Significant Reforms to California Cannabis Laws, Including Elimination of the Cannabis Cultivation Tax

Cannabis Law Report

California Cannabis Cultivation Tax Eliminated. The budget trailer bill eliminated the cannabis cultivation tax beginning July 1, 2022. The harvested cannabis was first sold or transferred by a cultivator to a distributor on or after July 1, 2022. California Cannabis Excise Tax Capped at 15% for Three Years.

article thumbnail

Illinois cannabis patients ignored for another year

Illinois News Joint

The new law allows for the uncoupling for “state tax deductions” for any cannabis establishment operating in this State and licensed under the Cannabis Regulation and Tax Act or any cannabis cultivation center or medical cannabis dispensing organization operating in this State and licensed under the Compassionate Use of Medical Cannabis Program Act.

Patients 105
article thumbnail

Pakistan to announce cannabis cultivation policy by December

Cannabis Law Report

During a meeting of the Standing Committee of the National Assembly on Science and Technology, Minister Faraz stressed that the global cannabis market will reach 95 billion rupees ( editor’s note: the equivalent of 1 billion euros, an underestimated figure ) by 2025. Cannabis seeds will also be produced near Rawat,” Faraz said.

Policy 52
article thumbnail

Senate Bill 3940 filled with various cannabis regulations

Illinois News Joint

Craft grow changes include the repeal of provisions establishing cultivator taxes and craft grower taxes and a shared premises pilot program. The provision for the shared premises pilot program states, “The Department of Agriculture shall create a pilot program that shall allow craft growers to share premises with cultivation center.

article thumbnail

Senate Bill 1723 moves to Subcommittee on Cannabis

Illinois News Joint

SB1723 deletes the provision that states any person or entity awarded a craft grower license under specified provisions “shall only hold one craft grower license” and removes language providing that a craft grower shall not be located within 1,500 feet of another craft grower but leaves in the restriction for “a cultivation center.”