Tuesday January 26 2021
In todays report
click here for the link to the video on youtube
Marijuana Legalization Could Create $43 Million In Annual Tax Revenue, Delaware State Auditor Reports
Delaware could see tens of millions of dollars in tax revenue every year if it moves to legalize marijuana, a top statewide elected official said in a new report released on Monday.
The analysis from State Auditor Kathy McGuiness (D) found that Delaware could generate upwards of $43 million annually in revenue from taxing and regulating cannabis. The legal market could also create more than 1,000 new jobs over five years if the policy is enacted, according to the report.
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Transition From Trump To Biden Impacts Federal Hemp And CBD Rules
Biden’s White House recommended in a memo that for rules that have been published in the #federal Register but haven’t taken effect yet, as is the case with the #hemp regulations, #agencies should consider delaying their effective dates by 60 days and opening additional 30-day public comment periods. USDA’s rules have already gone through multiple such periods, but many stakeholders would welcome an opportunity to submit further input on certain provisions that they feel would unduly restrict the market.
https://www.marijuanamoment.net/transition-from-trump-to-biden-impacts-federal-hemp-and-cbd-rules/
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L’Oreal, Neutrogena alumna tapped to lead California CBD maker Papa & Barkley
Grossman said in a statement that Wang is “the right leader to build on our momentum and brand.” The company did not say why Grossman is stepping down as CEO.
Based in Eureka, California, Papa & Barkley is best known for making THC edibles in its home state. But the privately held company also makes hemp-derived CBD topicals, #tinctures and capsules for natural distribution.
https://time.com/4239561/johnson-and-johnson-toxic-ingredients/