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Report: Federal Marijuana Legalization Would Create $86 Billion in New Tax Revenue by 2025

The Joint Blog

tax revenue between 2019 and 2025 and a $56 billion annual U.S. cannabis market by 2025, states the report. A changing political tide for advancing cannabis policy is progressing through Congress. billion in 2025. tax revenue between 2019 and 2025 on $253 billion in sales over that period. billion in 2019 to $26.3

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Global Compliance News: Thailand: Cannabis and hemp regulations – What it means for foreign investors and the private sector

Cannabis Law Report

Rising demand for hemp owing to its medicinal and dietary benefits is driving the growth of the hemp industry globally across sectors, including pharmaceuticals, food and beverages, and cosmetics. The global industrial hemp market size was valued at USD 3.61 billion (over USD 480 million) by 2025. billion by 2028.

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Thailand Reverses Historic Cannabis Decriminilization Decision

Veriheal

This number doesn’t even account for the countless weed cafes, hemp spas, and consumption lounges that popped up all over the country. billion by 2025. He told CNN that : “Thailand will promote cannabis policies for medical purposes. In fact, The Thai Chamber of Commerce estimated cannabis sector would be worth 1.2

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Hemp Crop Destruction and Legalization Analyzed in Recent Report

SpeedWeed

research, the company states that the average percentage of plants that are considered hot in hemp harvests throughout the U.S. 2018: 111,912 acres of hemp licensed, 78,176 acres planted, (harvest data unavailable for 2018). 2019: 511,442 acres of hemp licensed, 242,565 acres planted, 134,059 acres harvested. Shutterstock.

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Sephora Paves the Way in Regulating CBD Cosmetics

Canna Law Blog

Food and Drug Administration (“FDA”) continues to drag its feet in forging a clear path for the sale and marketing of hemp-derived cannabidiol (“Hemp CBD”) products, foreign agencies and industry players are leading the way by adopting their own sets of regulations. Be derived from hemp grown in the U.S.

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Article: Seeding the future of the British hemp industry

Cannabis Law Report

Rebekah Shaman, Managing Director at British Hemp Alliance takes a close look at the future of the British hemp industry in this article. The British Hemp Alliance (BHA), formally the British Hemp Association, was formed in 2018 to lobby for change and remove the barriers to growth that are stopping a thriving UK hemp industry.

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NY: CPA & Business Advisory Service Launches Cannabis & Hemp Advisory Practice

Cannabis Law Report

Here’s their press release in full…… DeJoy, Knauf & Blood LLP Launches Cannabis and Hemp Advisory Practice. The new practice leverages the firm’s in-depth cannabis and hemp industry knowledge and expertise of the tax implications, regulatory environment, as well as critical operating and financial procedures.

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