Cannabis Economics

Germany

Germany Approves Marijuana Legalization Bill

Germany’s parliament has officially approved a bill to legalize marijuana nationwide. This makes Germany the third European Union member state to legalize cannabis for...
new york

New Yorkers Can Now Legally Grow Their Own Marijuana Plants

The New York State Cannabis Control Board just adopted rules that would allow anyone 21 or older to cultivate their own marijuana plants at...
ESOP

ESOPs Can Neutralize 280E for Cannabis Businesses

Employee Stock Ownership Plans (ESOPs) can be great for businesses and their employees. Not only do ESOPs offer various tax benefits for all parties...
marijuana

Michigan Marijuana Sales Exceeded $3 Billion in 2023

Data from Michigan’s Cannabis Regulatory Agency (CRA) reported that legal marijuana retailers in the state sold more than $3 billion worth of cannabis in...
marijuana

FDA Recommends Cannabis be Moved to Schedule III

Scientists from the U.S. Food and Drug Administration (FDA) state in newly released documents that marijuana has less potential for abuse than other drugs...
Illegal cannabis sales

New York Governor Plans Crackdown on Illegal Cannabis Sales

Last week, New York Gov. Kathy Hochul presented an election year agenda with more than 200 proposals to make the state safer, more affordable...
President Biden expands marijuana pardon initiative.

President Biden Expands Marijuana Pardon Initiative

President Joe Biden issued a proclamation today expanding a marijuana pardon initiative he began last year by including for the first time people who committed cannabis...
Ukraine votes to legalize medical marijuana.

Ukraine Lawmakers Vote to Legalize Medical Marijuana

Ukraine’s parliament voted today to legalize medical marijuana. This vote comes after the war with Russia left thousands of people with post-traumatic stress disorder...

Hawaii Attorney General Paves the Way for Recreational Marijuana Plans

Attorney General Anne Lopez has proposed a comprehensive plan designed to overcome hurdles that have blocked recreational marijuana legalization in Hawaii for years ,...

Mississippi Medical Marijuana Licensing 101

On January 26, 2022, the Mississippi Legislature gave its final approval to the Mississippi Medical Cannabis Act (SB 2095), sponsored by Sen. Kevin Blackwell....

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