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Texas has one such cannabis program in flux, with a new bill being introduced that may change the legality of recreational marijuana within the state. What is the current legal status of cannabis in Texas, and what potential changes are on the horizon? Well examine these questions to get a holistic view of the situation.
In jurisdictions where cannabis is legally regulated, consumers gravitate toward the above-ground retail marketplace where they can access lab-tested products manufactured by licensed businesses.” Commenting on the findings, NORML Executive Director Erik Altieri said, “These findings come as little surprise.
"I'm calling on the legislature to to legalizerecreational marijuana, with the revenue going to: small business grant funding [and] restorative justice programs.".
NORML Canada launches official Post-Legalization platform to focus advocacy efforts on reforming Canada’s legal Cannabis system. Our goal is to ensure consumers have ease of access to legal cannabis products, access to medical dispensaries, access to world-class product options, as well as access to affordable legal options.
Speaker: Jonathan Bench, International Cannabis and Securities Business Attorney at Harris Bricken
cannabis industry is still in its infancy, even though states began engaging with legalization in one form or another in the late 1990s. Today, many opportunities exist for individuals and businesses that want to engage in the industry. The ancillary businesses surrounding these industries where people and businesses are profiting.
Potential implications of rescheduling cannabis It’s important to keep in mind that rescheduling does not legalize cannabis outright for recreational use. Rescheduling would stand to have the largest impact on cannabis research and business taxes.
Legal Status & Industry Overview 1. Is cannabis legal for business purposes in Australia? Cannabis businesses must comply with several laws, including: Narcotic Drugs Act 1967 regulates cannabis cultivation and manufacture for medicinal or scientific purposes. Cannabis Business Licensing & Compliance 6.
Chief Petitioners Madeline Martinez, Leia Flynn, and Angela Bacca filed a ballot measure to be known as “The Legalization Justice Act of 2020” at the Oregon State Capitol on Monday, March 18. The OJL seeks to right these wrongs as well as provide a model for other states to implement a more just version of cannabis legalization.
As debates heat up over recreational cannabis, all eyes turn to Ohio and its potential legalization. Ohio, often viewed as a bellwether state, now faces a defining question: Will it join the growing roster of states opting to launch legalrecreational marijuana markets? in recent years. Passions run deep on both sides.
A Kansas medical cannabis bill fell short, a new study broke down TikTok cannabis content by the numbers, and Rhode Island legalizedrecreational cannabis. Rhode Island LegalizesRecreational Cannabis. Rhode Island (RI) made history on Wednesday when its Governor Dan McKee officially signed recreational cannabis into law.
In response to the recent legalization of medical cannabis in the state of Mississippi, the TVA released a public statement pertaining to its federal obligations, suggesting that it would be withholding services from any cannabis-related business. TVA should not discriminate against legalbusinesses that need utilities.
Ohio’s recreational cannabis initiative has been delayed due to coronavirus social distancing measures, and the petition’s language is also undergoing revisions at the request of Ohio’s Attorney General. ” Ohio’s state medical cannabis business association is currently not supporting the bill. Image by David Mark from Pixabay.
AOC and others have called on President Biden to make good on his promise of cannabis reform, New Mexico has gotten its recreational market up and running with a batch of new licenses, and California cannabis businesses wrote to Gov. The state is planning to license more cannabis businesses in the coming weeks.
The NM Political Report | Medical Cannabis Program
APRIL 3, 2023
The state’s recreational cannabis program brought in $300 million in adult-use cannabis sales in its first year, Gov. Michelle Lujan Grisham announced Monday, a few days after the anniversary of legalized cannabis sales. “In
The state legalizedrecreational-use cannabis last year and is gearing up to launch sales in the coming months. The city’s illicit market is likely to dwindle soon, though, as legalbusinesses begin opening their doors. Make sure to follow Veriheal for more updates on New York’s upcoming recreational launch.
On July 1, 2021, medical marijuana became legal in South Dakota. However, South Dakota’s journey toward cannabis legalization has been anything but straightforward. South Dakota has had a very complicated past and present when it comes to legalizing marijuana, both medically and recreationally.
HB 2050 would create a permitting process for growers, processors and dispensaries in addition to a 10% wholesale tax on business-to-business transactions. Business Licensing and Fees. Renewal fees would be based on gross revenue, meaning companies bringing in the most money would pay the highest renewal fees.
The Illinois Department of Financial and Professional Regulation (IDFPR) and the Pritzker Administration today announced recreational cannabis sales. finished as the second-highest monthly total since legalization, only trailing December 2023 totals of $153,936,703.20. The December 2024 totals of $153,249,701.54
Rather than a ballot initiative , Connecticut, New Mexico, New York, and Virginia legalized the plant for adult-use purposes via a legislative process. They follow in the footsteps of Vermont, which became the first legislative-driven legal cannabis state back in 2018. Legal Cannabis Business Framework .
According to Swissinfo , a survey found that most Swiss people support the legalization of cannabis as long as there are sufficient and effective rules to protect minors. Most of the survey’s 3,166 adult participants are not only okay with legalization but also support conducting pilot tests to explore controlled distribution.
On May 30, 2023, Governor Tim Walz signed legislation to legalizerecreational use of marijuana for persons 21 years of age and older. The bill legalizes the production and sale of marijuana flower concentrates, topical and edible products, immature cannabis plants and seeds, and hemp-derived THC products.
As the fight for legalization continues across the nation, more and more entrepreneurs are jumping for a spot in the flourishing industry. Current statistics from the Anthenum Collective show that more than 67% of Americans believe cannabis should be legal, and legal cannabis sales are expected to achieve a value of $73.6
BDSA’s latest report suggests that recreational cannabis access affects longer standing medical market. But is recreational access a benefit or hinderance on medical cannabis? The post How recreational access affects medical cannabis according to BDSA appeared first on Cannabis | Weed | Marijuana | News.
Individuals who manage to bag one of the highly sought-after licenses will have the opportunity to open a business without worrying about the monetary aspect. Based on estimates, the newly legal cannabis industry in New York could generate revenue upwards of $4.2 The state also intends on developing a state-operated business incubator.
Some South Dakota lawmakers plan to visit marijuana businesses in other states and on tribal lands to get a firsthand look at how the drug is grown and sold before it becomes legal for medical use in the state. The Intelligencer reports.
PATERSON — Mayor Andre Sayegh has vetoed the City Council’s ban on recreational marijuana businesses, saying he does not want Paterson to fall behind other municipalities in the race to cash in on legalized cannabis. “We He put the city in jeopardy,” said Councilman Luis Velez. Now the state can do whatever it wants.”.
With 19 states currently selling recreational cannabis, it may be tempting to forgo a medical card, even if you qualify as a patient. While recreational marijuana is accessible in many states for those of age, there are still some benefits to having a medical marijuana card and purchasing medical marijuana instead of recreational pot.
As the tentacles of the federal policy of cannabis prohibition run deep into nearly every sector of American public policy, a new voice emerged to call for clarity regarding state-legal cannabis marketplaces: Federal Reserve Chair Jerome Powell. Cannabis businesses ought to be held to the same standards as other commercial enterprises.
With skyrocketing demand for cannabis, it’s your time to start your cannabis business and have a booming success. Are you interested in launching a cannabis-related business? The business is flourishing, and as this industry continues to develop rapidly, there’s a lot of money to be made. Unique Brand Value.
A recent study conducted by the National Association of Realtors said 50% of leasing professionals found it wasn’t hard to re-lease a property after tenants smoked cannabis indoors, and the organization “does not have a position on cannabis legalization.”. Legal cannabis raises home value. Key Findings. The seven states (plus D.C.)
On October 17, 2018, the Canadian government decriminalized weed for recreational use. Today marijuana is a popular recreation enjoyed by more people than ever with a developing industry for entrepreneurs and tastemakers alike. It has been two years of cannabis legalization in Canada but it was not an easy path.
Not even a month after legalizingrecreational cannabis, New York looks posed to legalize psychedelics in 2023. The legislation, which three Assembly Members will introduce, will legalize psilocybin, DMT, LSD, and ibogaine for adults over 21 years old. Didn’t New York Just Legalize Cannabis? […].
The Decline of Medical Marijuana in Massachusetts: What It Means for Patients In recent years, Massachusetts, once a pioneer in cannabis reform, has seen its medical marijuana program gradually overshadowed by the booming recreational market. The program aimed to provide safe, legal access to cannabis for patients with chronic conditions.
The AZ Cannabis 2020 movement is centered on the new marijuana legalization ballot up for votes this year. Key Facts About the New 2020 Arizona Marijuana Legalization Ballot. The Smart and Safe Arizona Act proposes a 16% excise tax on recreational marijuana that mirrors the tax rate for alcohol and cigarettes in the state.
With skyrocketing demand for cannabis, it’s your time to start your cannabis business and have a booming success. Are you interested in launching a cannabis-related business? The business is flourishing, and as this industry continues to develop rapidly, there’s a lot of money to be made. Unique Brand Value.
Some cannabis dispensaries across the United States are struggling to stay in business. Jim Abeler revealed his confusion about the legislation following the vote on it, stating that he “thought the provision would only legalize Delta-8 THC products, which were already widely sold in Minnesota.”
What are Germany’s legalization plans? Do they still plan on legalizing cannabis despite the obstacles ahead of them? There is uncertainty regarding natural gas supplies and European member state rules that forbid the importation of recreational cannabis. Nevertheless, Germany has committed to its legalization plans.
While cannabis or marijuana had long been banned and prohibited for recreational and medical purposes, the new laws have paved the way to the gradual acceptance of the benefits of cannabis to people’s lives. . In this article, you’ll learn the benefits of the current medical-legal landscape of cannabis worldwide.
After the state legalizedrecreational marijuana in March, the lawmakers and advocates who pushed for the law have been criticizing Gov. While most of the state still needs to wait a year or more before sales can begin, some Native American tribes are already moving ahead with legal pot in their territories.
Cannabis companies in California need evidence of California Environmental Quality Act (CEQA) compliance to operate legally. CEQA compliance requires your cannabis business prove that it poses no environmental threats. Cannabis businesses must either comply with CEQA or meet a legal exemption. What Is CEQA? Conclusion.
The city is still in mourning for those lost to COVID-19, the governor is facing calls to resign, the Knicks are still the Knicks, and the rent is still too damn high, but let’s focus on the positive: New York has legalizedrecreational cannabis — effective immediately. Public possession of up to 3 ounces is legal.
The Colombus Dispatch writes… An effort to legalize marijuana in Ohio cleared its first hurdle Friday. A 10% tax on marijuana sales would go to funding jobs, addiction treatment and community support for areas with marijuana businesses. Yost rejected a previous version on Aug.
Medical: LegalRecreational: Decriminalized (expected to be legal imminently) . Mexican lawmakers in March, 2021 approved a law to legalizerecreational cannabis, and some analysts believe the country could become the world’s largest cannabis market. What does Mexico’s cannabis legalization bill allow?
In 2018, the leaders of 19 Caribbean nations decided that they would “review marijuana’s current status with a view to reclassification” The leaders emphasized the importance of these cannabis legalization bills as a tool for social justice and economic gain. Recently, The Bahamas’ made good on that 2018 promise.
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