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

Cannabis Law Report

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. By 2030 sales should reach about $80 billion, the London-based bank estimates. Cannabis tax revenue generated more than $2 billion in the U.S.

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How soon will Germany legalize the recreational use of cannabis ?

Cannabis Law Report

There is a lot of buzz lately regarding Germany-many people believe that the country will soon make a move to completely legalise Cannabis for recreational purposes. The German Medical Cannabis market could reach more than €6 billion sales/year by 2030. .

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Federal policy kills buzz for advertising pot

Cannabis Chronicles

With a growing number of states legalizing weed for recreational and medical purposes, the U.S. market could surge eight-fold to $80 billion in sales by 2030, according to Cowen & Co. New York state has a small medical program and is expected to approve recreational weed this year. With a market value of roughly $1.5

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Americans Will Cultivate Over 4 Billion Grams Of Homegrown Cannabis in 2022

Veriheal

Despite the federal illegality of cannabis, lawmakers and state representatives have implemented successful medical and recreational cannabis programs across the nation. As of July 2022, 38 states in America have legalized medical cannabis, and 19 states and the District of Columbia have established recreational cannabis programs.

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MJ Biz: Virginia election results throw future of state’s recreational marijuana market into question

Cannabis Law Report

The electoral triumph by the Republican party in Virginia this week has thrown into question the rollout of the state’s recreational marijuana market, which would be the first adult-use market in the South and is expected to generate more than $1 billion in sales before 2030. — Team Youngkin (@TeamYoungkin) July 2, 2021.

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State Agency Envisions Cannabis Cultivation Boosting Job Growth in Alaska

Veriheal

The Alaska Department of Labor foresees marijuana cultivation steering all of the state’s industries regarding job growth between now and 2030. Throughout the pandemic, recreational cannabis sales in Anchorage — Alaska’s largest metropolitan area — continuously inflated. However, the limit stands at three mature plants.

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5 Features of High-Quality Marijuana Pre-Rolls That You Need to Look Out for

Cannabis Law Report

By 2030, this industry will reach a global value of $102.2 With legalization efforts gaining steam across the United States and Canada, more and more people are choosing to use marijuana for medical and recreational […]. The cannabis industry has come a long way in the last few years. billion, as reported by Grand View Research.