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Cannabis taxes may generate $12 billion for U.S. states by 2030, according to Barclays strategists

Cannabis Law Report

states and municipalities burn through their federal coronavirus relief money, taxes on legal weed will help blunt the budget pain. last year and that could grow to $10 billion to $12 billion for states by 2030, exceeding tax revenue from alcohol, according to municipal-bond strategists at Barclays Plc. For now, U.S.

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2023 Cannabis Global Price Index: Where to Find the Cheapest and Most Expensive Cannabis

Veriheal

With cannabis legalization progressing across the globe, we are starting to see more stats about the multibillion-dollar industry that it encapsulates. Additionally, nations representing all levels of legality — from countries with full-on black markets to those with legal cannabis and even those with gray markets — were included.

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Report: Gen Z Would Rather Smoke Cannabis Than Consume Alcohol

Veriheal

The American marijuana industry was worth about $57 billion in 2023 and is projected to reach $444 billion by 2030, a staggering growth that reflects it as the fastest-growing industry anywhere in the world. California was the first state to legalize medicinal cannabis in 1996, right around the time that Gen Z began to enter society.

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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

Legalizing cannabis for adults has been a wise investment. Since 2014 when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. billion in tax revenue from legal, adult-use cannabis sales. Here’s what they say.

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MPP Report: Marijuana Tax Revenue in States that Regulate Marijuana for Adult Use

Cannabis Law Report

Legalizing marijuana for adults has been a wise investment. Since 2014, when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. billion in tax revenue from legal, adult-use marijuana sales. Colorado (pop.

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What’s Going On With Cannabis Labor Laws?

Veriheal

A key turning point came in 1935 with the National Labor Relations Act (NLRA), which gave private-sector workers the legal right to unionize, strike, and collectively bargain for fair working conditions. billion by 2030. For some cannabis business owners, the requirement to sign labor peace agreements brought additional worry.

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Cannabis Sustainability: Hemp Perspectives

Cannabis Law Report

On the topic of sustainability, Florida also currently lacks a dedicated patient or clinic “cannabis collection” station for used cannabis products; an integrated program for safe disposal here in Florida must be addressed, by the Medical Marijuana Advisory Committee or other dedicated state body. . FAAAT @FAAATnet.

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